On the recordFebruary 28, 2001
last night President Bush told the American people they deserve tax relief. And he is right. He said ``the growing surplus exists because taxes are too high and government is charging more than it needs. The American people have been overcharged and, on their behalf, I am here to ask for a refund.'' Well, I am on the President's side. We are not talking about a little surplus. We are talking about enough money to pay down the debt; enough money to bolster and save Social Security; enough money to preserve Medicare; enough money to pay off every dime of public debt that will become liquid over the next 10 years; enough money to strengthen our military; enough money to keep $1 trillion set aside for needed spending. And we still have $1.6 trillion left over. How can anyone think we do not have enough for this tax cut? The surplus belongs to the people, not to us. After we have done the work we are elected to do, it is our duty to refund the rest back to the taxpayers who have overpaid. It is not the government's money.
Source
govinfo.gov




