Mr. President, the key to this--in this debate, and in our discussion, our dialog with the American people--is that we tell them the truth. We do not know what is going to happen 5 or 6 years from now. In addition to that, we have to be responsible when we decide what to do about this budget resolution. They can't have everything. They know it. American families can't have everything they want, and they know as a nation that we can't have everything we want. We also have to make absolutely sure that this tax cut we enact is fair; that it is fair to everybody; that the benefits are not directed at a particular part of our society. We need to make sure that everybody gets a benefit--including those people who work but only pay payroll taxes and don't pay income taxes; those people need to be included in any tax cut. We need to make sure it is balanced so that middle-income people all across this country get a substantial benefit, so that working families get a substantial benefit. So the principles we should be guided by are: No. 1, having a moderate, fiscally responsible tax cut; No. 2, making sure Social Security and Medicare are protected; and, No. 3, making sure this tax cut is fair--fair to all Americans, not unfairly benefitting one part of our society. In conclusion, we are at a remarkable moment in our country's history. We have a chance to have a real impact not only over the course of the next decade but over the course of the next century.
Editor's note · Context
Discussing the principles of a fair and responsible tax cut during a budget resolution debate.
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