Those are the estimates I have received, and I believe they are reliable. Many commentators have looked at the budget and concluded that this represents a remarkable reduction in taxes for the wealthiest Americans. And once again, it shouldn't come as a surprise because, as we recall--and I was here in 2001, when I voted against the Bush tax cuts--the mantra back then was that they are the job creators; just cut those taxes and those jobs will grow. But we saw during the Bush administration one of the poorest private job creation records of any President since World War II. And here Republicans are repeating the same line, as they say, deja vu all over again: Cut the taxes, and magically the jobs will grow. But, you grow jobs by having a balanced approach and through investment in human capital and physical capital, such as roads and bridges, and also by having the revenue to be responsible so you pay your way. The PRESIDING OFFICER. The Senator from Michigan.
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