Political Quotes

Kent Conrad: “the Sessions amendment would increase taxes in fiscal year 2008 by $2.6 billion. It would increase taxes in fiscal year…”

On the recordMarch 23, 2007
the Sessions amendment would increase taxes in fiscal year 2008 by $2.6 billion. It would increase taxes in fiscal year 2009, for a total in those 2 years of $11.7 billion of tax increases. In later years, the Sessions amendment would provide additional revenue loss of $148 billion over 5 years. That busts the budget and takes us back into deficit. It is sort of the worst of all worlds. It increases taxes in the front end and then blows a hole in the budget. I urge colleagues to vote against the Sessions amendment.
Said by
Kent Conrad
Democratic · North Dakota
Source
govinfo.gov

Editor's note · Context

Opposing the Sessions amendment during a debate on tax increases and budget impacts.

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