Reclaiming my time, could we have received odds on this tax cut being signed 6 months ago, I think the odds would have been very long. I think the American people will wake up tomorrow somewhat surprised that this deal got done, and not only that there was an agreement made, but that the agreement was made with numbers that are not phoney, real numbers and real tax cuts and real entitlement reform and real policy initiatives, not the phoney stuff we see coming out of this town so often. There are two taxes that I know are near and dear to the heart of my friend from Indiana, and they have been near and dear to my heart. We have campaigned on these taxes, as two Members who pride themselves on championing the merits of small business people, small business men and small business women, who, it is a cliche these days but it is a fact, they are the backbone of the American economy. We create jobs, small business people. What two tax issues, what two tax initiatives have been so important to that small business group? Capital gains and estate taxes. As I said earlier, President Bush, and I hope he is on the golf course today, it is a great day and he probably is, and he deserves it. But I hope he is smiling, Because he has been vindicated.
Robert Ehrlich: “Reclaiming my time, could we have received odds on this tax cut being signed 6 months ago, I think the odds would have…”
Editor's note · Context
Discussing the significance of a tax cut agreement during a House floor speech.
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