The tax cut that the gentleman from South Carolina (Mr. Spratt) referred to, for which there was a bipartisan consensus, was a tax cut that evenly spread the benefits out and provided a true stimulus. The tax cut that was passed on an extremely partisan basis, only 5 percent of it will take effect immediately as a stimulus, and the rest results in this exploding difference the gentleman is describing.
Discussing the differences between two tax cuts during a floor debate.
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