Political Quotes

“this is the first of two amendments I will offer this evening. This amendment goes to the basic structure of the kind of approach Congress should take to reducing our Nation's taxes. I support a significant tax bill. I do not support the bill that is before us this evening. The second amendment I will offer will go to one of the reasons I do not support the bill, a specific defect which I think is illustrative of other defects within this legislation. The amendment we offer first raises two basic questions: Should we have a single tax bill that will absorb all of the funds which this Congress has determined are appropriate to allocate to tax cuts for the next 11 years? And are we so prophetic that we can decide in May of 2001 what our total tax policy should be through the year 2011? As smart as we might be, I do not think we can meet that test. So I, with my colleague, Senator Corzine, will argue that we should have a series of tax bills: A bill today, yes--a pause, a time for reflection, a time for examination of our economic circumstances, a time to reevaluate our surplus for the future--and then a thoughtful determination as to whether, for what purpose, and in what amount we should have a second tax bill.”