It goes to $145 billion, and then in 1999 to $142 billion, and the year 2000 to $135 billion? Isn't that the report that we just had from the Congressional Budget Office? We have 4 years of deficit increases under the President's proposal?
Questioning the projected deficits under the President's budget proposal.
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Law makers must carefully distinguish between the need for tax credits which may operate as subsidies, compared to more favored tax deductions which are expensed as part of ordinary business operations.
I do not defend 199, period. I think Congress--when you are rewriting the tax code, you should have a uniform corporate rate, not a lower rate for manufacturing.
Congress passed a bad law called the Windfall Profits Tax. That motivated me to run for Senate more than anything else.
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