Political Quotes

Mark Neumann: And I think that is the point of this whole discussion. We can do tax cuts without touching the Social Security money.…

On the recordJune 23, 1998
And I think that is the point of this whole discussion. We can do tax cuts without touching the Social Security money. There is absolutely no reason in the world that this government should take the money coming in from Social Security and use it for tax cuts or anything else. That money belongs in the Social Security Trust Fund, but that does not mean we cannot do tax cuts. There is so much waste, fraud and abuse to go out. I want to again slow down a little bit and just make sure everybody understands what an audit is. Again, I come out of the private sector. We ran our company, and I will never forget the first time that we wanted to borrow money in a bank, and the bank said you have to have an audit first. And I went: ``What's an audit?'' And they said, ``Well, an accountant has got to come in, and they got to look at your books, and they got to actually make sure that the money you say you're spending to build that house is actually being spent on, the money, on the house that you say you are building. And not only that, they would like to know that the revenue that you say you're getting from the sale of that house is actually enough to cover the money that you spent on that house.''
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Mark Neumann
Wisconsin

Editor's note · Context

Discussing tax cuts and the importance of protecting Social Security funds.

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