Political Quotes

John Spratt: this budget resolution which I am now offering as an alternative provides $6 billion more for homeland security than the…

On the recordMarch 25, 2004
this budget resolution which I am now offering as an alternative provides $6 billion more for homeland security than the Republican resolution, the committee resolution; it provides $5 billion more for law enforcement programs under the Justice Department; it provides the very same amount for national defense. So his criticisms are highly off the mark. Let me also take a minute to respond to my good friend, the gentleman from Iowa (Chairman Nussle) with respect to tax cuts. This resolution in section 201 says very clearly, it is the policy of this budget resolution to balance deficit reduction to middle-income tax relief. In that respect, we call for the Committee on Ways and Means to reconcile and extend the child tax credit, which will expire otherwise; the marriage penalty relief; the 10 percent bracket; to provide relief from the alternative minimum tax; to eliminate estate taxes on all but the very largest estates; to extend the research and experimentation tax credit; to accelerate the refundability of the child tax credit from 15 percent; and to include combat pay in determining refundability; and on down the list with five more illustrations of where we are calling for middle-income tax relief.
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John Spratt
South Carolina

Editor's note · Context

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

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