Robert Packwood: “Tax reform, if it's done correctly, should promote growth and significantly reduce economic distortions that are present…”

I have been here for 30 years. Three times we have put the investment tax credit in in tax reform. Three times we have taken it out in tax reform. Now you tell me, when is it reform, and when does it work to help the economy?

Lloyd, you absolutely cannot count on my vote. I'm going to vote against it, but I will get you votes to pass it.

Well, that is why this committee--at least in Bill's and my era, there was much more nonpartisanship in the Senate than there apparently is today.

All of us in politics have seen natural leaders. Some of them are inside leaders, like Lyndon Johnson. Some are outside leaders, like Ronald Reagan.