Political Quotes

Frank Lautenberg: we are opposed to this amendment. It says that if the current balance results in better than expected economic growth…

On the recordMay 23, 1997
we are opposed to this amendment. It says that if the current balance results in better than expected economic growth that we ought to go back to the lopsided approach advocated by the majority. I, frankly, think it is illogical. Tax cuts and deficit reductions are not the only policies that can benefit the Nation. And unexpected tax revenue may well be put to good use funding essential Government programs. I don't think that we ought to get locked in at this juncture to insist that any excess revenues would go to tax cuts or deficit reduction. I think we ought to make our judgment at the time that these things occur.
Said by
Frank Lautenberg
Democratic · New Jersey

Editor's note · Context

Opposing the Economic Growth Dividend Protection Act of 1997.

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