On the recordMay 21, 1996
What we actually have here is the Election Year Seven Month Temporary 4.3 Cents Tax Repeal Bill, and it is a textbook example of poor public policy being driven by election year politics. Let me say for the record that my opposition to this gasoline tax increase was one of several reasons I voted against the 1993 budget on final passage. But here we are, 3 years later, still racking up annual budget deficits to pass on to our children and grandchildren, and we are nitpicking about a 7-month break from paying this 4.3-cent tax. ... Before we cut any taxes, we should set aside partisan differences and work out an agreement to achieve the $700 billion of spending cuts needed to bring the budget into balance. The simple fact is that, until we balance the budget, any tax cut is really done with borrowed money.
Source
govinfo.gov
