Political Quotes

“the House majority fully intends to fulfill the bipartisan budget agreement by providing $85 billion in net tax relief for the next 5 years and 250 in net tax relief over 10 years. I would like to point out one possible exception. The text of the bipartisan budget agreement when speaking of $16 billion over 5 years to increase health care coverage for uninsured children says that the money could be used for Medicaid, for a program of cap mandatory grants to States or for other possibilities mutually agreeable. Equally important, the agreement states that resources will be used in the most cost effective manner possible to expand coverage and services for low-income and uninsured children. To me, other possibilities do not exclude tax incentives or other tax provisions that assist in expanding health insurance coverage for our Nation's children. I would further point out that the gentleman from South Carolina is correct that the $85 billion in net tax relief over 5 years and the $250 billion in net tax relief over 10 years does not include the revenue impact of the earned income tax credit reforms or changes in the contribution rates paid by Federal employees into their retirement programs.”