Political Quotes

On the recordJanuary 24, 1996
the President has presented a balanced budget: Seven years with CBO scoring. So why do we not have a budget deal? I will tell you why, because the Republicans insist that they want to give tax breaks to the rich. The President made prudent budget cuts, but he protected the beneficiaries of Medicare and Medicaid. Medicare guarantees hospital care for seniors. Medicaid guarantees nursing home care for seniors and for the disabled. But the Republicans want to cut these programs. They want to cut $270 billion out of Medicare, they want to cut $163 billion out of Medicaid, and they want to give a tax break of $245 billion largely to the rich. According to the Treasury Department, half of the tax breaks go to people making over $100,000 a year, and that is wrong. There is a difference. The Republicans believe in an America that says every man or woman for himself. The President and the Democrats believe we are a caring society and the standard of that society is we take care of our seniors, our disabled people, and our young people. We have a balanced budget. The problem is they want to give tax breaks to the rich.
Said by
Albert Russell Wynn
Maryland

Editor's note · Context

Addressing budget negotiations and tax policy during a floor speech.

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