Political Quotes

J. Exon: “I noted with interest the comment the Senator from Texas made. We just debated it a day or so ago. The provisions of the…”

On the recordMay 22, 1996
I noted with interest the comment the Senator from Texas made. We just debated it a day or so ago. The provisions of the 1993 act that have been roundly criticized and are again being criticized now, raised taxes on only the top 13 percent-- the top 13 percent--of retirees. By contrast, the 1983 Reagan tax increase, which was the first tax increase that ever addressed taxation of any kind on Social Security, was supported by the sponsor of this amendment. I simply say that will raise taxes for 22 percent of the retirees. This amendment would cost over $33 billion. Mr. President, I yield back the remainder of my time.
Said by
J. Exon
Democratic · Nebraska
Source
govinfo.gov

Editor's note · Context

Discussing the impact of tax increases on retirees during Senate floor debate.

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