Political Quotes

“You know, looking at what the American people want, Mr. Speaker, they want three things. They want to see tax cuts, spending cuts, and deficits reduction, and under the Contract With America we can achieve all three. We have already earmarked $180 billion for deficit reduction, we already earmarked $190 billion for spending cuts, and this is according to the Congressional Budget Office, and the third is now we are dealing with the tax cuts. Let me just review, if I can, a few of those tax cuts we are speaking about in legislation this week which we think is going to be a positive step for all American families. First, the family tax credit. Five hundred dollars tax credit for each child in a family; this will help families with their basic expenses. We also have the American dream savings accounts. By this we will have established a new savings vehicle where we will have on a joint return $2,000 for each spouse and a tax deduction dealing with the IRA's, $2,000 for each spouse. We are going to take care of our help for Senior citizens by repealing the tax increase on Social Security benefits.”