Political Quotes

Don Nickles: “The facts are, the cost over 10 years, which is the most we ever use, is $104 billion. I heard them say it is $750…”

On the recordJuly 11, 2000
The facts are, the cost over 10 years, which is the most we ever use, is $104 billion. I heard them say it is $750 billion. I do not know from where they are grabbing these figures. If we use that kind of analogy, it would be fun to see how much the tax increase of 1993 cost because if this tax cut is $750 billion over the next 20-some-odd years, I would hate to think how much the cost of the tax increase the Democrats passed in 1993 is. The facts are, the estate tax repeal is $104 billion over the next 10 years. That is what passed the House. Hopefully, that is what the Senate will pass today, tomorrow, or in the near future.
Said by
Don Nickles
Oklahoma

Editor's note · Context

Discussing the cost of the estate tax repeal during a debate on tax policy.

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