Political Quotes

“the tax bill crafted by the gentleman from Texas [Mr. Archer] has some good items in it. Every American would like to have a tax cut, whether it be an income or estate or a capital gains tax. But I am beginning to fear that we are losing sight of the ball, that we originally came here in the early 1990's to balance the budget. When President Clinton was elected in 1992 we had a deficit of $290 billion. This year that deficit is expected to be $57 billion. What are we seeing now? We are seeing an unfair tax bill that may be passed by this House that will make the tax cuts so large that we will not have that balanced budget, maybe not even by 2002. Let us pass a reasonable tax cut that treats parents and college students fairly, working parents fairly, and even investors. But let us not lose sight of the ball to balance that budget as soon as we can.”