Robert Ehrlich: “I would just like to direct my minute and a half here to one aspect of this bipartisan budget agreement, which is tax…”

“I would just like to direct my minute and a half here to one aspect of this bipartisan budget agreement, which is tax relief, because I become frustrated when I hear all the rhetoric about tax relief. The American public is familiar with the numbers, $135 billion in gross tax relief and $85 billion in net tax relief. But what is included in that $85 billion, Mr. Chairman? Tax relief for families, for working families, families with children, incentives for savings and investment, cutting capital gains, not for the rich but for farmers, for small business people, the people that work in this country, the producers in this country, the people who pay the penalty for the disincentives in our Tax Code and who create the jobs and who are about economic growth, incentives for economic growth like capital gains tax relief and the education costs, as other speakers have discussed. Mr. Chairman, this budget agreement is not perfect. If I were king, it would not look the way it does. But when it comes to taxes, it represents a significant step in the right direction.”