Political Quotes

“I listened with interest to the comments of the Senator from Pennsylvania, and as always he was articulate and thoughtful and made a strong case. I would like to speak to the issue we are going to be addressing over the next few days, the next few weeks, and probably the next few months, not necessarily to be unalterably opposed but to talk about how we can get where we all want to be, which is lower taxes, higher growth, and a stronger U.S. economy. I think it is important to emphasize at the beginning, just so we all know, what we are talking about the next couple days isn't the budget. As the Senator from Pennsylvania noted, it is really a vehicle for a massive tax cut. My problem with the tax cut is not necessarily that we are going to have one, but the question is, How is it structured? Who gets the benefits? How to pay for it? As the Senator pointed out, we still don't know what the plan is. We have an outline; we have principles; we have bullet points; we have lists, but we don't have a plan. Therefore, it is difficult to analyze. We do have some particulars that have been released. You don't need to be an economist to understand that if the rate for the lowest taxpayers is being increased and the rate for the highest taxpayers is being decreased, that the overall effect will be loaded toward those at the upper income level.…”