James Davis: “somebody very wise once said that everybody is entitled to their own opinion but not their own version of the facts. We…”

“somebody very wise once said that everybody is entitled to their own opinion but not their own version of the facts. We need to get the facts down here today because the one thing we owe to the public is to have an open and honest debate about exactly what we are doing. The major fact here that is going unstated is the 10-year price tag associated with this tax cut. Now today there is the admission that we are talking about $175 billion tax cut over 5 years. Last year we debated a $792 billion tax cut over 10 years that was fiscally irresponsible and wildly unpopular, rejected by the American public. By the math we have done over here, what we are debating today, but we are not willing to say, is an $875 billion tax cut over 10 years. It undermines everything that has been said on this floor about paying down the debt and spending. I would be happy to yield to the chairman of the House Committee on the Budget if he wants to correct me and tell us what the real price tag is over 10 years on this tax cut.”