Political Quotes

On the recordMay 9, 2001
First of all, this is a very fair and standard rule that is going to allow us to have a substantive debate on the budget, and I certainly hope all of my colleagues will vote ``yes'' to pass this rule, because then we can get on to the substance of the budget itself, and it is a terrific budget that we have before us today. First of all, as all of my colleagues in this Chamber know, Mr. Speaker, we have walled off the Social Security and Medicare surpluses. We are devoting over $2 trillion in the next 10 years to paying off all of the available national debt. We have responsible restraints on the growth of Federal spending and, at the same time increasing, where it is appropriate, such as in health care research and the national defense, which badly needs an increase. Best of all, from my point of view, this budget provides the framework for providing meaningful tax relief from the record high taxes that are being carried by the American people. Frankly, it is modest tax relief. Certainly, if we look at it historically, certainly, if we put this in the context of the size of our economy, this is modest tax relief; but it is very important in that it is tax relief for all taxpayers. It is still the most sweeping tax relief of a generation. Frankly, Mr. Speaker, this tax relief is about freedom.…
Said by
Pat Toomey
Republican · Pennsylvania

Editor's note · Context

Discussing the budget and tax relief during a House floor debate.

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