Political Quotes

On the recordMay 5, 2004
if you look at the last 6 months of this year, if you look back from October of 2003 through March of 2004 and you compare the same 6-month period to the year before, you will discover that we brought in more revenue to the Federal Treasury in this most recent 6-month period than we did in the last 6-month period. That is the point that the gentleman from Iowa (Chairman Nussle) and I have been making. Revenue coming into the Federal Government is, in fact, growing, and it is at an accelerating pace; and I strongly suspect that the next quarter is going to show an increase over the corresponding quarter from the previous year. That is precisely because of the strong economic growth.
Said by
Pat Toomey
Republican · Pennsylvania

Editor's note · Context

Discussing federal revenue growth during a debate on economic performance.

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