Political Quotes

John Cornyn: Is it not true that a tax credit or a tax subsidy, dollar for dollar adds to Federal expenditures, and in the case of a…

On the recordApril 19, 2023
Is it not true that a tax credit or a tax subsidy, dollar for dollar adds to Federal expenditures, and in the case of a $31-trillion debt, it adds to the debt?
Said by
John Cornyn
Republican · Texas

Editor's note · Context

Cornyn questions the impact of tax credits on federal expenditures and debt.

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