On the recordDecember 19, 2007
I support this bill today, which is going to leave taxes alone. And understand that's all it's going to do. It is not cutting taxes on anyone. It's just leaving them where they are. But yet to do this, the majority Democrats are going to violate their own vaunted PAYGO rule. And I would argue that PAYGO was just a sham to begin with. I mean, you can add $40 million more than last year to the budget. You can add $10 billion more here, $20 billion more there, and you don't have to pay for that. But to leave somebody's taxes alone, somehow you in theory were going to pay for it. But today that's a sham that, even as a sham, the Democrats haven't been able to keep. It goes from a sham to a double sham. The lesson here is clear: You can balance budgets by holding down spending, and that's what we ought to do.
Source
govinfo.gov
