Bill Lee said "First of all, the Democratic budget does balance by 2012. The Congressional Black Caucus budget balances by 2012. The Congressional Progressive Caucus budget balances by 2012. There are people in this country making over $1 million, $1 million, and all that we do is we provide the tax cuts which will expire in 2010 for the people in our country who make over $1 million. That's the top 1 percent, mind you, 1 percent of taxpayers, and that brings us at least $222 billion." @ PoliticalQuotes.com

On the recordMarch 13, 2008

First of all, the Democratic budget does balance by 2012. The Congressional Black Caucus budget balances by 2012. The Congressional Progressive Caucus budget balances by 2012. There are people in this country making over $1 million, $1 million, and all that we do is we provide the tax cuts which will expire in 2010 for the people in our country who make over $1 million. That's the top 1 percent, mind you, 1 percent of taxpayers, and that brings us at least $222 billion.

Said by

Bill Lee

Republican · Tennessee

Source

govinfo.gov

Editor's note · Context

Discussing the balancing of various budgets and tax cuts during a budget debate.

Share on X Share on Facebook Email this quote