Political Quotes

“the budget alternative we are proposing today returns us to the promises President Clinton made during his campaign. Leading up to his election, President Clinton was clear about his desire to offer middle class Americans a tax cut. President Clinton was also determined to cut the deficit in half during his first term in office. Well, Mr. President, this is exactly what we propose today with this alternative. This bill will reduce the deficit by $318 billion over the next 5 years. It will provide middle class tax relief, and it offers incentives that America needs right now to save and invest for the future. This alternative represents a real cure for the tax-as-usual, spend-as-usual virus that seems to be contagious around these parts. This alternative brings together some of the best ideas of both parties--proposals that have found strong support in this body before. In fact, this alternative mirrors a proposal I introduced with Senator Lloyd Bentsen--now our Secretary of the Treasury--back in 1991. It offers tax credits for children and expansion of individual retirement accounts. Each of these proposals has found strong support on both sides of the aisle. As currently written, this plan will benefit some 52 million Americans, giving them a $500 tax credit for dependent children. In Delaware alone, more than 180,000 families will benefit from a tax break of more than $85 million.”