Tom Carper actually said...

There needs to be a reduction. I hope that as we address that concern, we will keep in mind four questions.

We did it in early 1981 with tax cuts for the higher-income people; it did not work.

This year's deficit is going to exceed $700 billion, that is 7 years into an economic expansion.

I am all for reducing the corporate tax rate. We are not competitive with the rest of the world.