Mark Souder: “I am most concerned that most of the agreements that are made wind up…”

On the recordJanuary 25, 1995

I am most concerned that most of the agreements that are made wind up with tax increases because the spending cuts are not real. Is it possible to give another possibility of how this could evolve? While I think the tax increases could be permanent but the spending cuts never occur, a common tactic is to have an asterisk saying, ``Specifics will come at a later date.'' Is it possible under a balanced budget amendment to do that; that is, to have illusory spending cuts but the tax increases be real?

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Mark Souder

Indiana

Source

govinfo.gov

Editor's note · Context

Discussing concerns about tax increases and spending cuts in relation to a balanced budget amendment.

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Mark Souder: “I am most concerned that most of the agreements that are made wind up with tax increases because the spending cuts are…”

Editor's note · Context