Bill Bennett: “If you take the total amount set aside for tax cuts, you would find that the vast bulk, I think in the neighborhood of…”

“If you take the total amount set aside for tax cuts, you would find that the vast bulk, I think in the neighborhood of something like 80 percent of the value of the tax cut, goes for the $500 tax credit for children. The taxes that the Senator is pointing out, in terms of the total impact, are relatively small and can honestly be described as minor in their financial impact. By far, the greatest bulk of the tax money is going for the $500 rebate for children. That is the expensive item in the tax cut bill.”