Political Quotes

On the recordMay 2, 1996
I believe that we should not have a roll-back of the 4.3-cent-a-gallon gasoline tax. Actually, retention of this tax is the sensible, national interest course to follow as we struggle to reduce the deficit. I fear that, like Sisyphus in Hades, we are doomed forever to roll the heavy stone of the deficit uphill, only to have it always roll down again, weighted down by yet another quick-fix tax cut. In our effort to reduce the deficit, we grapple daily with the stark reality that funds for education, the environment, Medicare, and the earned income tax credit, are all being scaled back. And now, a clarion call to lower the gas tax is being heard. Repealing the gas tax is projected to save the average motorist the grand total of about $27 a year in taxes. Note too, there is no certainty that the oil companies will actually pass this rebate on to the consumer. The effect of this gesture is to reduce revenues by $4.8 billion, thereby making it all the more difficult to reduce the Federal deficit.
Said by
Claiborne Pell
Democratic · Rhode Island

Editor's note · Context

Addressing the proposal to repeal the gasoline tax during a debate on deficit reduction.

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