Gerald Ford: “It will help restore the confidence of the American people and our trading partners in the ethical standards of the…”

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.

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.

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…

Just for the gentleman from Florida, you are saying that these cuts that are being talked about today are imaginary, or are they real? And I would be happy to yield to the gentleman. Are they imaginary cuts or real cuts? Maybe we have got…