Charles Rangel: “there was a time when people used to run around asking for $800 billion tax cuts, and some got closer to a trillion…”

“there was a time when people used to run around asking for $800 billion tax cuts, and some got closer to a trillion, there was whispering of people meeting in the middle of the night in Michigan asking for 10 percent across the board, and knowing the gentleman from Ohio and his concern about the common folk, and those that drive those milk trucks, and those that are Post Office employees, and just those that make our country so great, I know that when he does come up with a tax cut, and America sure deserves one, that it is going to be equitable, it is going to be fair. I, of course, have to work more closely with the chairman of my committee, and we may not be able to participate with these formula cuts because we have dedicated ourselves to pull the coat up by the roots, and of course that is a little more complex than just setting aside a trillion dollars. But as we decide how we are going to do it with the gentleman's help, I hope that I heard him say that before we go to the American people to thank them for their productivity, to thank them for the excesses they have had to pay in taxes, especially the payroll tax, that we, as Democrats and Republicans and the House and the Senate, will present to them a secure Social Security system for their children and for their children's children.”