So for those who are so-called fiscal conservatives, we are going to cut taxes for the wealthiest people in America, and add debt for everyone else in America, an added debt we are going to borrow from overseas and ask our children to pay for it. It sounds like a great idea if you happen to be in the lucky 7,000 club. This lucky 7,000 club that will be benefitted by Senator Kyl's amendment will have a great outcome. It appears that everyone loses--I take that back. Everyone but China and Japan and other countries will be losers in this proposal by the Senator from Arizona. Is that correct?
On the recordMarch 12, 2008
Source
govinfo.govEditor's note · Context
Debating tax cuts and their impact on national debt and future generations.
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