Political Quotes

On the recordMay 9, 2001
I rise in opposition to the $1.35 trillion budget resolution. While I am in favor of tax relief for the American people, I do not believe relief should be accomplished through tax cuts benefiting big business and the wealthiest of Americans. I believe that the Congress can and should pass legislation giving tax relief to the American people. That is why I have consistently voted to eliminate the death-inheritance tax and the marriage tax penalty. Mr. Speaker, the Congress can and should give tax relief to the American people. However, any tax cut should not threaten our Social Security and Medicare programs. While we still have a surplus we should provide a prescription drug coverage paid by Medicare, an initiative the majority of Americans support. Even so, we should not support a budget and ensuring tax cut that spends expected revenue 11 years down the road. We need to have a mechanism in place to adjust the plan if revenue projections prove to be wrong. Today I intend to vote against the Republican budget. A more realistic five-year spending bill should be put in place to fund critical programs important to the American people like Social Security, Medicare/Medicaid, national defense and other important programs. Then we should bring a tax relief package before the Congress that is realistic and that has a mechanism that directly ties tax cuts to controlled spending and the amount of revenue that will come to the federal treasury each year.
Said by
Jerry F. Costello
Illinois

Editor's note · Context

Opposing the $1.35 trillion budget resolution during House floor debate.

Share

More from Jerry F. Costello

Mar 1, 2011

I applaud NASA's new focus on working with community colleges to prepare students for pursuing STEM education.

congress.gov
Sep 11, 2012

I thought it was crazy to try and design a multibillion-dollar system using taxpayers' money without involving those who, in fact, would operate the system.

congress.gov
Nov 15, 2011

I have been committed from the beginning to be governed by science and facts, not by fiction and emotion.

congress.gov
Mar 19, 2012

The successful growth of commercial human spaceflight activities can open new opportunities for commercial space.

congress.gov

Other voices in this conversation