Political Quotes

On the recordMay 22, 1997
I intend to support this budget resolution. I think it is a good resolution. I commend the leadership for putting it together. There is some disagreement around the fringes. Fundamentally, this is a good agreement. I am impressed with the balance that is included in here. One of the ways this balance is accomplished is by limiting, of course, as we know, the size of tax cuts, both initially and in the latter years. The agreement entered into by the President, the majority leader, my colleague from Mississippi, Senator Lott, and Speaker Gingrich specifies tax cuts should cost no more than $85 billion in the first 5 years and no more than $250 billion over the 10-year period. I was surprised, however, Mr. President, to learn that this budget resolution does not fully conform in a sense because there is no reflection of the $250 billion over 10 years. It does include the $85 billion over the first 5 years. There is no particular reason they should not be included. It was part of the agreement. In my view, the resolution ought to reflect the agreement.
Said by
Chris Dodd
Democratic · Connecticut

Editor's note · Context

Discussing support for a budget resolution and its tax cut provisions.

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