Political Quotes

John Tanner: “Last year I said when we have projections, and I think the gentleman from Minnesota (Mr. Minge) is going to talk about…”

On the recordFebruary 9, 2000
Last year I said when we have projections, and I think the gentleman from Minnesota (Mr. Minge) is going to talk about projections in a minute, that no reasonable business person in this country that I know of would spend 80 percent of a 10-year projection on anything. That is what we were asked to do last year with that $800-some billion tax bill. We are for tax cuts, but to obligate 80 percent of a 10-year projection? I do not know what the price of cotton and soybeans is going to be next week, and these people in Washington try to talk about 10 years like it is real money. It is not even here yet.
Said by
John Tanner
Tennessee
Source
govinfo.gov

Editor's note · Context

Discussing concerns over the fiscal responsibility of a proposed tax bill during a House floor debate.

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