Sam Brownback: “Today there is some excellent news regarding the economy. The deficit, because of such a strong economy and taxes being…”

“Today there is some excellent news regarding the economy. The deficit, because of such a strong economy and taxes being paid, may be as low as $45 billion. I am hopeful that we can continue to keep that economy going strong by some of the tax cuts that are being proposed and are currently being negotiated. I think the real story here of what is taking place on balancing this budget is the fact that the economy is growing. Growth works, and it works well, and it is working well for us here. I think it would be a mistake if we did not step forward and do whatever we can to continue this economy and this economic expansion that has been one of the longest running expansions we have had in history to date. That is why some of the tax cuts, particularly the progrowth and profamily tax cuts, the capital gains tax cut and the $500 per child tax credit are very, very important for us to continue, not only to balance the budget and not only to do it before the year 2002, or do it by the year 2000, but to start to pay off the debt.”