Political Quotes

“as my colleagues know, Senator Zell Miller and I have introduced bipartisan legislation to help our domestic travel and tourism industry recover from the devastating effects of September 11. I believe that we must focus an emergency economic stimulus package on the sector that has been most harmed: our travel and tourism industry. If we are to prevent thousands of bankruptcies, hundreds of thousands of lost jobs, and a host of indirect consequences to the rest of the economy, it is essential that we provide some immediate help to the travel and tourism industry. The most important element of the legislation would provide a temporary $500 tax credit per person, $1,000 for a couple filing jointly, for personal travel expenses incurred by the end of the year. This temporary measure will help encourage Americans to resume their normal travel habits. Unlike general rebate checks to taxpayers, a tax credit conditioned on travel expenses ensures that the money is spent on a specific activity, in this case an activity that will generate positive economic ripples throughout the entire American economy. It will also help create confidence and encourage Americans to get back on airplanes.”