John Spratt: “Basically what we have said tonight is we are not opposed to a tax…”

On the recordJune 9, 2003

Basically what we have said tonight is we are not opposed to a tax cut. We have proposed them before. We will propose them again. We recognize they can stimulate the economy if they are directed in the right manner. But we are deeply concerned about deficits and debt, and of course, we are primed for stacking deficits upon deficits and building the debt ever bigger every year. We simply do not believe that is the right prescription for our economic future.

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John Spratt

South Carolina

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govinfo.gov

Editor's note · Context

Discussing concerns about tax cuts and their impact on deficits and debt.

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John Spratt: “Basically what we have said tonight is we are not opposed to a tax cut. We have proposed them before. We will propose…”

Editor's note · Context