With this additional money, it is a 40.6-percent increase. For everybody who says we want to balance the budget, how do you balance the budget and simultaneously increase programs by 40 percent? This fictitious point of let's close loopholes, if there are loopholes out there, I am sure the chairman and the ranking member of the Finance Committee want to close them because they have a lot of demands. I am all for closing loopholes, but that doesn't fly. The amendment says raise taxes by $17.2 billion.
Don Nickles: “With this additional money, it is a 40.6-percent increase. For everybody who says we want to balance the budget, how do…”
On the recordMarch 10, 2004
Source
govinfo.govEditor's note · Context
Discussing budget increases and tax implications during a debate on fiscal policy.
Share
More from Don Nickles
Jun 2, 2004
If somebody is activated and they go to Afghanistan or Iraq, don't they receive full health care costs without paying the 28 percent?
Sep 30, 2023
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.
Jun 22, 2004
I am happy to debate my colleague, or any colleague, on the budget. We spent several days debating the budget. I am more than happy to debate it. I will tell my colleague that we basically have assumed a freeze in nondefense, non-homeland…





