On the recordMay 23, 2001
What we have raised in this one amendment are two of the most basic questions that this overall tax bill raises. One is fiscal discipline. We had a vote, and I am pleased more than a majority of Senators voted not to break the $1.35 trillion cap. That was what we were being asked to do, to add $50 billion beyond the current tax cut authority through the amendment that was offered by the Senator from Iowa. The second issue we are now facing is one of priorities. Upon which do you put the higher priority, assisting Americans prepare for their old age, helping families who are providing care for a frail, elderly family member through a $3,000 tax credit--is that a higher priority than delaying the 1-percent decrease for the highest income-tax payers in America, the rate reduction which is in this underlying bill? Those are the choices. Which is more important to you? What are your priorities?
Source
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