On the recordMay 14, 2003
Mr. President, I do appreciate the opportunity to be recognized very briefly. The reason I want to speak is to recognize the Finance chairman's great job, taking a pretty bad situation and making the best of it. It got off to a rocky start in the Senate about how to craft a tax package to help stimulate the economy. But I am very impressed by what has happened. Almost everyone has some view of how to cut taxes. That is good for the American public. I am not here to criticize my colleagues on the other side who have put forward tax packages. I think we all see the economy soggy--whatever adjective you want to use--but both parties have a view of getting money back into the economy. That is good. I congratulate those who have stepped up to the plate to put money back into the economy. I may disagree with your approach. But also I would like to congratulate those Senators who took the road less traveled; that is, saying: We do not need a tax cut. We cannot afford a tax cut. We are in deficits. Now is not the time to take money out of the revenue stream. We should be retiring the debt. To those Senators, I say, you are absolutely right in terms of having a philosophy that makes sense. The problem is, if we do not cut taxes, we have shown a propensity, particularly our friends on the other side, to spend the money.
Source
govinfo.gov




