the American people are a lot smarter than folks in Washington give them credit for. They know that tax cuts do not cause deficit spending; spending causes deficit spending. They understand that today they are footing the bill for a million dollar, two-hole outhouse, that is a million dollars for an outhouse the Parks Department recently built. They know that they are footing each year $2,000 a fish each year to help some salmon get back to their spawning ground. For $2,000, we could put each fish in a first class seat and fly them from the mouth of the river and back and still save money. Common sense says the best way to pay down the debt and to keep these surpluses going is to keep our economy strong, and that is what this tax relief bill is about. We are facing recession, and we are working hard to stay out of it; but we know if a recession occurs, that 3 million American families will lose their jobs. That is 3 million families that are going to have a lot of hurt. Now, maybe we cannot save all of those jobs, but we can surely save some of them; and there is a good chance we can save a lot of them, and we ought to do our very best to do that.
Kevin Brady: “the American people are a lot smarter than folks in Washington give them credit for. They know that tax cuts do not…”
On the recordMarch 8, 2001
Source
govinfo.govEditor's note · Context
Discussing the importance of tax relief and its impact on the economy during a potential recession.
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