Political Quotes

On the recordMay 9, 2001
the people of the State of Georgia strongly believe that the Federal budget policies should be based on guidelines of limited government, lower taxes, and increased local control of local affairs. The budget resolution before us today closely follows those guidelines. First, this budget plan establishes a limit on the growth of Federal spending that closely follows the rate of inflation. Second, we provide real reduction in taxes for wage-earners. Third, the budget resolution makes room for future consideration of reform bills such as education reform that will focus on returning more control to the local level. Mr. Speaker, why is tax reduction important? In developing a budget plan, we must answer the question, what makes up the economy? It is not the government. The Federal Government does not manufacture, it does not have a product for sale, it is not and should never try to be the engine that runs economic growth. The economy is made up of people, workers, taxpayers. They are the ones earning the wages and spending or investing portions of their paycheck. Each time they do, they create economic activity. The more they spend or invest, the more economic growth we have. In many ways the budget debate is about cash flow, the cash flow of the government and the cash flow of individuals and families.
Said by
Susan Collins
Republican · Maine

Editor's note · Context

Discussing federal budget policies and their impact on the economy.

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