Political Quotes

Max Baucus: “In the earlier years, 2010, there would be a deficit, but by the time we finish the 5 years, there would be a surplus.…”

On the recordMarch 21, 2007
In the earlier years, 2010, there would be a deficit, but by the time we finish the 5 years, there would be a surplus. We have written this amendment in a way to prevent a yo-yo, on-off effect of the tax provisions. To make it perfectly perfect, so there is not a deficit in any year, 2010, 2011, or 2012, we can have the tax cuts go up or down, and so forth, but I think it is best for the American people not to have a yo-yo effect, not go up and down, but to extend across the board those provisions which are contained in the amendment at the end of the day would not be a deficit.
Said by
Max Baucus
Democratic · Montana

Editor's note · Context

Discussing tax provisions and budget surpluses during a Senate floor debate.

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