Political Quotes

“Mr. President, as I look at this amendment that is before the Senate offered by the Senator from Nebraska in response to the previous amendment from the Senator from Missouri, once again I am struck by the approach that is being taken with regard to the President's budget. I talked several times about the President's budget during the course of this debate and tried to point out the extent to which the claims the budget includes relief for America's taxpayers are exaggerated. Once again we see the approach being taken to make sure taxpayers end up with less. The President's budget claims initially it will provide Americans with $99 billion in tax relief. When you include the various so-called corporate loopholes and other increased revenues involved with the President's budget, the net tax relief drops to $36 billion. Then, when you terminate the various tax cuts as triggered in the year 2000, it reduces total tax relief between the year 1996 and the year 2002 to $6 billion approximately. Mr. President, $6 billion works out to about $1 billion a year, or 250 million Americans working out to $4 per American per year in the budget that the President is offering. That is not a lot of tax relief by my standards. I think it would not be seen that way by the American people.”