Rob Andrews: “just to save my good friend from Wisconsin the time, I represent a State where 7.5 million people will not see the…”

“just to save my good friend from Wisconsin the time, I represent a State where 7.5 million people will not see the repeal to their marriage penalty relief, a State where 7.5 million people will not see capital gains rates go back up under this budget, where 7.5 million people will not lose their child care tax credit, et cetera. Here is what these budgets say about taxes. In 2007, 2008, 2009, 2010, the present law remains in effect. There is no tax cut that was enacted that is modified, limited or repealed. On December 31 of 2010, whomever is in control of this Congress will have a choice to make, and that choice will be which, if any or all, of the tax cuts should be extended beyond their expiration date. Here is the difference between our budget and the President's Republican approach. We say that we should think first, analyze first, and then make the right choice. We say that when we get to December 31 of 2010, let's look at what surplus may exist. If Mr. Spratt's budget is adopted, the budget will be in surplus of $154 billion by fiscal year 2012.”