Political Quotes

Kent Conrad: “It is truly stunning. It is not just the tax cuts that have that same pattern. Fixing the alternative minimum tax, which…”

On the recordMarch 8, 2004
It is truly stunning. It is not just the tax cuts that have that same pattern. Fixing the alternative minimum tax, which was the original millionaire's tax, is rapidly becoming a middle-class tax increase that has that same pattern. In addition, they are hiding the cost of the war. The war, they say, has no additional cost. The war in Iraq, the war in Afghanistan, and the war on terrorism has no additional cost past September 30. Who believes that? We know right now they are preparing a request for additional funding, a vote to be held after the election in which they are going to ask for another $50 billion.
Said by
Kent Conrad
Democratic · North Dakota

Editor's note · Context

Discussing the implications of tax cuts and war funding during a speech on the House floor.

Share

More from Kent Conrad

Apr 4, 2017

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.

congress.gov
Oct 18, 2023

We admire that, and I can say on both sides of the aisle, people recognize the job he did as Budget Committee Chairman.

congress.gov
Oct 18, 2023

I thought he was an outstanding Committee Chairman, and my former intern has succeeded him in his Congressional seat.

congress.gov
Apr 4, 2017

We did a whole series of things in our Social Security reform not to discourage people from working, but to encourage them to continue working if they are able to do so.

congress.gov

Other voices in this conversation