On the recordJanuary 7, 2009
This budget extends the 2001 and 2003 tax cuts for everybody earning below $250,000 a year.
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congress.govThis budget extends the 2001 and 2003 tax cuts for everybody earning below $250,000 a year.
Kent Conrad highlights the budget's extension of tax cuts for lower earners.
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I think there is just a tremendous opportunity here, and I really applaud the two of you for doing this in a bipartisan way.
I do, and I made that argument to the commission, and others on the commission made some of the points that you are making now.
I wish I could look you in the eye and say, you know, if we just had the will, we could reverse this, and we could go back to a time when defined benefit plans were on the increase. I do not think that is in the cards.