Political Quotes

“As you know, as an accountant, anybody that has been in business, two sides to the income statements, there is revenues and costs. Costs are important. You have to control your costs. You can't spend more than you bring in. Of course, we have done that over the last couple of years, because we are at war, we have seen a recession. But the revenue side is equally important, and there are two ways to do it in the Federal Government. We have found that you can increase taxes, which gives you increased revenue for a while, but eventually the economy turns down, and then revenues go down; or you can do as Jack Kennedy, President Kennedy, did in 1960, Ronald Reagan did in the 1980s and we did in the early 2000s, we cut taxes and revenues grew. There are record levels of revenue coming into the Federal Government. Don't listen to Bill Shuster about how it works when you cut taxes. Look at the record, look at the history record, and you will see it is quite clear.”