As I said, it comes to almost 50 percent. I think it might be interesting... this administration has added almost $3,000 of new costs to this average family. If you are making gross about $40,000 and you have a new $3,000 bill to send to the Government, it is a wake-up call. That is 15 percent of lost disposable income as a direct result of the policies of this administration. It is incredible. As I recall, during the debate we were only going to affect the wealthy.
Paul Coverdell: “As I said, it comes to almost 50 percent. I think it might be interesting... this administration has added almost $3,000…”
Editor's note · Context
Discussing the impact of government policies on average families during a Senate floor debate.
Share
More from Paul Coverdell
From rural Georgia to Capitol Hill, Americans recognize the immeasurable contribution that President and Mrs. Ronald Reagan have made to our Nation. Their support is most welcome.
Now, with respect to the provisions of the Africa and Caribbean Basin programs that deal with fabric or yarn not widely available in commercial quantities, am I correct that it is the intent of the managers that these provisions should be…
When the Act requires yarn to be ``wholly formed'' in the United States, am I correct that the intention of the managers is to require that all processes necessary to convert fibers into yarns-- i.e., spinning, extruding--be performed in…
I am proud to sponsor this effort. President and Mrs. Reagan are a constant source of inspiration for me, as they are for many Americans. President Reagan led us to the economic prosperity that we still enjoy today and was instrumental in…





