On the recordMay 16, 1996
So it is backloaded, and no one can argue with that. It is there and perhaps none of it should be backloaded. Of course, it will be when you reduce so much this year, it builds up, and I understand that. But we have to make some tough decisions if we are going to do that, and that is what it is about. Raising taxes--as I understand, the Clinton budget takes out $97 billion in taxes, puts back 60, a net reduction of $37 billion. That is really not much of a bite; not much of a bite for a country that pays that much in taxes. The Republican budget, on the other hand, is about 122, I believe; $500 credit for children. That is a pretty good idea, I think. Permanent; age 18. We do not start with three.
Source
govinfo.gov
