on October 12 we will observe Columbus Day. For those of you who have forgotten, Columbus Day is the day that we celebrate the discovery of America. So let us talk about what the term ``discovery'' means to my liberal Democratic colleagues. For decades liberal Democrats believed that you would literally fall off the edge of the world if you lowered taxes. After Republicans passed the Balanced Budget and Taxpayer Relief Acts, wow, the Democrats, the liberals discovered that tax cuts for hard-working men and women provide a healthy economy, giving low unemployment and investment incentives. Liberals discovered that by allowing Americans to keep more of their hard-earned money, they should and could send their kids off to school, take that needed vacation or invest in their retirement. Republicans in the House have passed a plan that will not only help save Social Security but will also provide billions of dollars in tax cuts to America's hard-working men and women. Mr. and Mrs. America, Columbus discovered a new world. Democrats discovered new taxes. I applaud my Republican colleagues for discovering a brave new America, full tax relief and hope for the future.
Sam Gibbons: “on October 12 we will observe Columbus Day. For those of you who have forgotten, Columbus Day is the day that we…”
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Discussing the significance of Columbus Day and tax policy during a floor speech.
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