Political Quotes

“All right. I understand. There is a reason to be thankful for small things like scope is what I can tell the gentleman because what this means is that basically the gentleman is saying that we have got to make sure that we take care and set aside money for Social Security and Medicare and do tax cuts in a way that it does not impact on that, is essentially what the gentleman is saying, and let me just say to the gentleman from South Carolina that it has been fully our intention, of course, to preserve for the first time in, I think, my lifetime, to be able to preserve all the money that gets collected from the payroll taxes for retirement security, and, as my colleagues know, we are going to save at least $1.8 trillion, which is well over a hundred billion dollars more than the President for purposes of being able to transform Social Security and Medicare and not just so that our seniors will get it, but so that the baby boomers and their children will have a retirement program as well, and at the same time I think we made the argument a couple weeks ago for the other part of the surplus that gets produced by the income taxes and all the other taxes that flow into the Federal Government. We have an overcharge right now, and we believe that overcharge will be to the tune of almost $800 billion.”