I think the gentleman got agreement, but I am not sure it is what he and I agree with, that the tax burden is too high, that when the American people between the local, State and Federal government taxes are working Monday and Tuesday for the government, 40 percent of their income they are paying to taxes, the gentleman and I want that lowered.
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I think some of our other colleagues are saying if we are going to spend this 18 billion this year we ought to find offsets, but the worst case scenario would be that in the next 3 or 4 weeks we do an 80 billion to 90 billion spending…
I think what is real important here is to understand that, if we had not done the tax cuts, that we were actually getting this money back to the people, and we could not frame it in this framework of, well, listen, we are going to do one…
I think that the gentleman and I agree that as we end up 1998 and as we prepare for 1999, the last thing this Congress ought to be doing is a 90 billion spending plan.
I ask how many people own a stock or a bond, almost every hand in the room goes up.
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