If we are to look at this in a compassionate way, I think that should be the driving force for our actions today because virtually everyone who has made any kind of a prediction, CBO included, has said that if we do not change from the way we have been doing business for the last 10 years and the last 40 years, if you project that forward, someone who is born today such as my two grandchildren, who are less than 2 years old, will have to pay 82 percent of their lifetime income in taxes.
Jim Inhofe: “If we are to look at this in a compassionate way, I think that should be the driving force for our actions today because…”
Editor's note · Context
Discussing the impact of fiscal policy on future generations during a Senate debate.
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