Let me say that in regard to the gentleman's comments from Mississippi, he spoke very eloquently, but he said that during his lifetime, a great deal of that debt was accumulated during his lifetime. I might add that a great deal of that debt was accumulated during his congressional tenure as well. I am not sure that the gentleman from Mississippi intended this, but he said that Greenspan said there is all kinds of money for a tax cut. I have heard Mr. Greenspan speak on a number of occasions. I think the gentleman's quote of Mr. Greenspan is inaccurate. I have not read in any report of his comments, and I have not witnessed in person any of his comments where he quotes: we have all kinds of money for tax cuts. In fact, Mr. Greenspan has been very conservative in his approach for tax cuts.
Gene Taylor: “Let me say that in regard to the gentleman's comments from Mississippi, he spoke very eloquently, but he said that…”
On the recordMarch 7, 2001
Source
govinfo.govEditor's note · Context
Addressing comments made by a colleague regarding debt accumulation and tax cuts.
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