Don Nickles: “I inform my colleagues that the Bennett amendment takes the two tax accelerations that the Senator from Illinois has in…”

“I inform my colleagues that the Bennett amendment takes the two tax accelerations that the Senator from Illinois has in his first 2 years. If I am correct, the Senator has an additional tax increase of $31 billion in 2002 and $11 billion in 2003. We put that in our amendment. The difference is that we reduce or eliminate the tax cut, and in subsequent years we drop that. But we took the first 2 years of accelerated tax cuts that the Senator has, and that is going to be in the Bennett amendment.”