William Pryor: “I think we might start now setting that record straight. Look at the…”

On the recordMay 3, 1996

I think we might start now setting that record straight. Look at the Wall Street Journal, October 26, 1994. I quote the Wall Street Journal: Contrary to Republican claims, the 1993 package is not the largest tax increase in history. The 1982 deficit-reduction package of President Reagan and Senator Robert Dole in a GOP controlled Senate was a bigger tax bill, both in 1993 adjusted dollars and as a percentage of the overall economy. The Wall Street Journal, not exactly a left-wing, Democratic newspaper, Mr. President. Let us look at the Washington Post, February 1, 1995, recently and I quote: The biggest tax increase in history did not occur in the Omnibus Reconciliation Act of 1993. The biggest increase in post-World War II history occurred in 1982, under President Ronald Reagan. Mr. President, part of Senator Dole's historic tax increase was in fact a 5-cent gasoline tax.

Said by

William Pryor

Source

govinfo.gov

Editor's note · Context

Discussing the 1993 economic plan and tax increase claims during Senate floor debate.

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William Pryor: “I think we might start now setting that record straight. Look at the Wall Street Journal, October 26, 1994. I quote the…”

Editor's note · Context