Jack Kingston: “I want to respond real quickly on the tax cuts thing because, as you know, one of big problems we have is controlling…”

“I want to respond real quickly on the tax cuts thing because, as you know, one of big problems we have is controlling spending on a bipartisan basis, and there is a lot of pressure, no matter what it is, there is not enough for education, not enough for seniors, not enough for the poor, not enough for the farmers. You name the group, this town is geared up in that direction. One great advantage of tax reductions, it is not just a matter of stimulating the economy, we do believe in economic growth and jobs. I think the more money that the people have, and it is not a matter of us affording the tax cuts, it is a matter of can the working folks pay for all the government we are giving them. The more you look at what tax cuts do for the economy, the more jobs that are created. This is just the Standard and Poor's increase since we passed the latest round of tax reductions. Here is the Dow Jones increase. All these mean more jobs out there, more people paying into the system, and revenues will go up. But the best part is the money does not come to Washington, so we do not spend it.”