Joseph Knollenberg: “I keep hearing from my liberal friends who are outraged that Congress is trying to cut taxes. They look at Washington…”

“I keep hearing from my liberal friends who are outraged that Congress is trying to cut taxes. They look at Washington and they know that Congress is trying to balance the budget and they simply cannot understand why Republicans are calling for tax cuts. Well, Mr. Speaker, should Congress balance the budget first and then cut taxes? The answer is no. To say that we cannot balance the budget and cut taxes is to forget what that assumes. It assumes that Washington cannot cut spending more. It assumes that Washington should continue to take much of your money while it is waiting to get its act together. It assumes that Washington should do the wrong thing for just a few more years while it is waiting to put its financial house in order. Mr. Speaker, with all due respect, this is exactly the kind of thinking that got us in this trouble in the first place. The balanced budget agreement gets it right and puts more money in the pockets of American families.”