I am very confident that, if we can bring both sides of this House together and get them down to the table, that we could come up with a plan that would look very much like the plan that the Blue Dog Democrats proposed months ago, which was, as the gentleman says, a balanced budget and one that took care of the legitimate needs that we face in this country. One of the interesting subjects that I have heard the gentleman address before that I want to ask him about is the impact of a $794 billion tax cut that the President is going to veto here in just a few days. What that would do, not just on the short term, but the next 10 years, which is what we have been talking about, but what would happen in the out years if we were to take such an action as reducing taxes by that much when we do not even have a surplus to do it from.
Sylvester Turner: “I am very confident that, if we can bring both sides of this House together and get them down to the table, that we…”
Editor's note · Context
Discussing the implications of a proposed $794 billion tax cut during a House debate.
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