On the recordNovember 18, 2004
I just refer him to CBO's report in which it concludes that the tax cuts are the largest legislative contributor to the negative debt that we have right now. I mean, so it runs contrary to what the gentleman is saying. All we are suggesting here is that when my colleagues pass these tax cuts for their corporate friends and for wealthy people that they pay for them, pay as you go. That is the responsible thing, so we do not pass this debt on to our kids and our grandkids.
Source
govinfo.gov
