This debate underscores the genuine change, the new direction that we are charting here in Washington. We are beginning to rein in these endless Republican deficits. The old Republican way of budgeting doesn't just crunch numbers, it crunches people. We are concerned not only about the fiscal deficit but the 'opportunity deficit' that occurs in communities across this country when all the members of the community are unable to contribute their full God-given potential, when young people are unable to pursue higher education, when families are denied health care, when veterans are denied the services that they have earned. There are two fundamental ways in which the Democratic approach to tax relief differs from our Republican colleagues. First, we believe it is possible to target tax relief to working, middle-class families without letting the super-rich piggyback along and claim most of the benefits. Second, we say if tax relief is worth having, then pay for it. Instead of going to our grandchildren and borrowing from our grandchildren, we say go to the Grand Caymens. How about going to all those giant corporations that have dodged their fair share of taxes by going offshore and asking them to bear a little of the burden of our national security? So we provide the tax relief that our middle-class families need, but we do it in a fiscally responsible way.
Editor's note · Context
Discussing the Democratic approach to budgeting and tax relief during a floor debate.
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