Political Quotes

Collin Peterson: “I don't believe there is a tax increase in this bill. I have looked at it. I am a CPA, and I think you can say it either…”

On the recordJuly 26, 2007
I don't believe there is a tax increase in this bill. I have looked at it. I am a CPA, and I think you can say it either way, but I don't believe it is a tax increase. The $60 billion did come out of baseline not because anybody cut it, but because the program worked the way it is supposed to. Prices are up and spending went down. We are missing the money, but it wasn't because anybody cut it. We have a good bill, and I encourage all Members to support it.
Said by
Collin Peterson
Minnesota
Source
govinfo.gov

Editor's note · Context

Discussing the implications of a bill and addressing concerns about potential tax increases.

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