Political Quotes

“without a doubt there are many good features of this proposal. That is why so many people support it. Perhaps the benefits are a bit exaggerated in the suggestion there will be $40 billion or $50 billion in additional money motivated by tax considerations instead of the heart. That probably overstates the case. But the important argument in favor of the Democratic substitute is that this proposal is presented as just another free lunch, like so many other allegedly pain free measures that keep rolling through this House. As proposed, this bill will add to the burden of our children and our grandchildren billions of dollars that could and should be paid for now. That is why one of the cosponsors, the gentleman from Tennessee (Mr. Ford), has said he supports the substitute. He is ready to pay for his bill, he has that much confidence in it. The only argument against paying for it was the unusual suggestion of the gentleman from Ohio (Mr. Portman) that it would be 'difficult.' I agree, it has proven very difficult for the Committee on Ways and Means to do anything about corporate tax cheats.”