Gerald Ford: “This project needs to be reexamined in light of new economic factors to see if it is economically justified.”

Check 21 is pretty simple in what it does. It just modernizes the Nation's check payment system and tries to keep up with all the new technologies in the 21st century.

These people making less than $25,000 a year get up and go to work just like you and I do every single day. They pay a payroll tax which is the highest tax paid by 82 percent of Americans. So the other side of the aisle can label us not…

What is the problem then if my colleagues believe in removing all these taxes, which I think there is a lot of merit to, I am a big tax cutter like the gentleman is? I support those ideas. How is that consistent with the taking 3 million…

I was the sole person who had to make that decision. But, when you look back at the alternatives that I had, it was the right decision. And I have no question that it was the right thing to do then. And I'm more certain today.