Political Quotes

Richard K. Armey: “This bill, Mr. Speaker, provides $245 billion in tax relief over the next 10 years, a figure that I personally agreed to…”

On the recordOctober 26, 2000
This bill, Mr. Speaker, provides $245 billion in tax relief over the next 10 years, a figure that I personally agreed to with the Secretary of the Treasury on behalf of the President. That would be $11.5 billion impacting the first year, this fiscal year. I personally agreed to that figure with the Secretary of the Treasury as he acted on behalf of the President. That allows us to keep our 90 percent pledge to pay down 90 percent of the budget surplus in debt reduction. Then as we proceeded in our discussions with the White House, we reminded them that we wanted to put together a bill that had proven standing by virtue of the votes taken in the House. We started off with the bipartisan Portman-Cardin bill that had already been voted in this House by a vote of 401 to 25, virtually all of us on that bill.
Said by
Richard K. Armey
Texas
Source
govinfo.gov

Editor's note · Context

Discussing tax relief and bipartisan support for a bill during a House floor debate.

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