As I read the table summarizing the agreement, entitled ``Long Range Summary, 1997-2007,'' on page 77 of the committee print, there is an agreement regarding net tax figures for the years 1997 through 2002. The word ``agreement'' appears above the columns for those years. The word ``projections'' appears above the columns for the years 2003 through 2007. Am I correct then that the net tax cut figures for the years 2003 through 2007 are not agreements on specific numbers, but the numbers in those years are simply OMB projections?
Mike Levin: “As I read the table summarizing the agreement, entitled ``Long Range Summary, 1997-2007,'' on page 77 of the committee…”
Editor's note · Context
Questioning the nature of tax cut figures in a committee print during a discussion on fiscal policy.
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