Political Quotes

“the question now being considered by the Senate is whether we should refund a portion of the federal government surplus to American families. Over the next ten years, the federal government will collect $996 billion more in income and other taxes than is necessary to pay fully for every existing federal program, agency and department. This means that the IRS will be taking almost $1 trillion more in taxes from the American people's paychecks than it needs to operate the government. This is a tax surplus--a tax overpayment. This tax relief debate, serious as it is, concerns only the non- Social Security surplus. Both sides agree that the Social Security surplus itself is to be reserved for Social Security recipients only, and not be diverted to any other purpose. There is, however, an important distinction between the two parties even on Social Security. Republicans, myself included, believe that we should pass a ``lockbox'' law, giving the strongest possible statutory protection to that Social Security surplus. Democrats have consistently filibustered our proposal, asking Americans simply to trust them not to raid the Social Security surplus in the future as they have in the past. That is not enough. The difference between the parties on taxes is even more striking.…”