I yield back. Mr. McHENRY. This is one of the great discussions of the day. If you cut taxes does government get less in income or taxation? What we have seen through the tax cuts is it is a pro-growth policy. We allow people to keep more of what they earn, therefore they can actually provide for their child. They can go out this time of year and buy shorts and T- shirts and tennis shoes for the kids.
Share
More from Scott Garrett
I am speaking on behalf of the American taxpayer, that we are concerned that where the taxpayer dollars could potentially be as we return to these very loose underwriting standards.
It is hard to imagine anything more unfair and un-American than having the Government financially support mega-corporations at the expense of small businesses and American workers.
You lamented the problem, but failed to admit to acknowledge in your comments that it is your actions and the Fed and the government policies that can have a dramatic impact on expansion of the gap between rich and the poor.
Dodd-Frank bestowed almost limitless powers to the banking regulators, and especially to the Fed.
Other voices in this conversation
