Political Quotes

“first I want to correct the gentleman from Texas. He used the figure of families spending more than 50 percent of their income, but that depends on the family. If one is rich enough, thanks to the Tax Code, one is spending a much smaller percentage of one's income, and by the time we get through with the tax bill, if one is rich enough, that will be even less. The CEO's who are making a couple of million dollars are not spending 50 percent of their income. We have very differential effects according to how much money one makes. Second, I do welcome, though, the gentleman from California is of course correct. I do not think we are spending enough on the environment, I do not think we are spending enough on, for instance, the Cops on the Street Program, which is so helpful, or helping kids going to school. But we can economize. We will be voting today and tomorrow on the military bill. The military bill, the National Security bill, represents 50 percent of the discretionary spending of the Federal Government. If we set aside Medicare, we set aside Medicaid and Social Security, 50 percent of what is left spent by the Federal Government will be voted on by this House over the next couple of days, and I am delighted at this spending, cutting zeal on the other side. I look forward to them helping us defeat the unnecessary B-2 bomber at the cost of tens of billions.”