Political Quotes

“I guess two of the most magic words for politicians are ``tax cut.'' Can you think of anything more popular to say to an audience? I think we have learned over history that if you just focus on the term ``tax cut,'' and you do not fill in the details, you can find yourself in a pretty terrible predicament. When President Reagan was elected in 1980, he was dedicated to a tax cut. He said that was the highest single priority. Of course, he enacted that tax cut. We all understand what happened after that tax cut was enacted. We totaled up the biggest run of deficits in the history of the United States. We created such a monster that many of my Republican friends who were faithful supporters of President Reagan came to the floor and said: We are going to have to amend the Constitution now; there is no other way to stop this mess between the President and Congress; we have to give the Federal courts the authority through a constitutional amendment to stop Congress from spending and stop the President from spending.”