Political Quotes

“Mr. President, the headlines in today's papers say that we are here today discussing estate tax relief, an issue that affects a little less than 2 percent of Americans. The issue before us is much bigger than that. We are debating the fundamental principles that should guide us in the new era of budget surpluses. We cannot, we must not, lose sight of that larger picture. If we focus on the narrow picture of a tax cut here, a spending program there, we run the risk of wasting all the hard work and sacrifice that has brought us to the best economic and budget era in our history. The real task before us today is to set the priorities for this era. This debate over the estate tax is just one part of that debate, but it is an important part. Let's be clear about this--the amendment I am offering right now, with my friends from New York and Indiana and Louisiana, would repeal the estate tax for all families with estates up to $4 million, and for all family farms and businesses up to $8 million. And, it would leave room for a tuition tax credit to help middle class Americans pay for the rising cost of a college education.”