Mr. DeLAY. Mr. Speaker, this has been a real interesting debate. It certainly laid out clearly the differences between the two parties, and I appreciate that. I think it is good for America, to lay out the differences between the two parties. But one of the things I noticed in the debate is the differences in interpretation of history. Let me just start by saying, the gentleman from Maryland laid out the history all the way back from Jack Kennedy's time. I would just as soon do it in my time in the legislative body. The gentleman talked about the fact that Ronald Reagan cut taxes in 1981 and the deficits went through the roof. The problem was there was a Democrat Senate, a Democrat House, and they spent $2 for every $1 cut in taxes; and the deficits went through the roof.
David Thomas: “Mr. DeLAY. Mr. Speaker, this has been a real interesting debate. It certainly laid out clearly the differences between…”
Editor's note · Context
Discussing historical interpretations of tax cuts and deficits during a debate.
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