David Thomas: “at some point I do think we have to get realistic in terms of our…”

On the recordMarch 8, 2001

at some point I do think we have to get realistic in terms of our arguments against this bill. The title of the bill is the Economic Recovery and Relief Act of 2001. That is this year. Despite all the arguments that are being made on the other side of the aisle about a budget not being in place, they are simply wrong. Why are they wrong? Because we have a budget for 2001. We create a budget every year. No multiyear tax plan or spending plan has a budget that conforms to that plan beyond 1 year. We have a budget in place. It pays down debt. It takes care of Medicare. We have a lock box for Social Security. That is this year's budget. Democrats voted for it. This bill pays, this year, a return to the taxpayers. It is the only budget available, and it fits. Their problem is they are just having a hard time supporting real tax reduction.

Said by

David Thomas

New York

Source

govinfo.gov

Editor's note · Context

Discussing the Economic Recovery and Relief Act of 2001 and budgetary concerns.

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David Thomas: “at some point I do think we have to get realistic in terms of our arguments against this bill. The title of the bill is…”

Editor's note · Context