Gerald Ford: “I believe we should strike a new balance between Government responsibility and private initiative.”

So, Mr. Speaker, so if millionaires took a $65,000 tax cut as opposed to a $103,000 tax cut, we could pay for the student loan program.

I am just curious as a Member of the body and as a voter, when does it become President Bush's economy? You said this started back with Bill Clinton.

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.

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…