Political Quotes

Bobby Scott: “The money we get from the individual income tax totals less than $800 billion. We have a $750 billion deterioration in…”

On the recordMarch 11, 2004
The money we get from the individual income tax totals less than $800 billion. We have a $750 billion deterioration in this budget in just 3 years. And so whatever you call it, whatever label you put on it, look at the chart. This is called tax cuts are working, deficit is manageable, whatever you want to call it. Look at what this administration's policy resulted in. Now, you talked about who is paying for it. Part of the war is being paid for by veterans benefits. We are debating now as to whether or not we are going to at least maintain present services.
Said by
Bobby Scott
Democratic · Virginia
Source
govinfo.gov

Editor's note · Context

Discussing the impact of tax cuts and budget deficits during a floor speech.

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