Harry Reid: “we are shortly going to have before us a tax bill that will increase the debt of this country by, in some estimates…”

“we are shortly going to have before us a tax bill that will increase the debt of this country by, in some estimates, more than $1 trillion. This year's deficit that the President acknowledges is $430 billion. Of course, as we have learned here today in the presentation of Senator Conrad, the ranking member of the Budget Committee, that doesn't take into consideration the cost of the war, nor does it take into consideration the fact that he is borrowing money from the Social Security trust fund. So the debt, of course, is closer to $600 billion, this year. Today we learn from any newspaper we pick up that one way the President is going to try to save a few bucks is by going after the poorest of the poor. He is doing this by changing housing subsidies. I quote: ``The Bush administration is changing the fair market rent to section 8 tenants. The Government pays tenants about 7 percent of this amount. Here's a sampling in metropolitan areas.'' This sampling will cause the hair on the back of your head to come up. What has happened is, to help the President pay for all the things to help the rich of this country, corporate America, he is going after the poorest of the poor.”