Political Quotes

Paul Ryan: Mr. Speaker, let's just be really clear. You are hearing this debate about taxes. Nowhere is the difference between the…

On the recordMay 17, 2007
Mr. Speaker, let's just be really clear. You are hearing this debate about taxes. Nowhere is the difference between the two parties ever clear than it is right now. We brought a budget to the floor that not only did not raise taxes, it kept taxes low, and it reduced spending, and it balanced the budget, and it finally stopped the raid of the Social Security Trust Fund. That's what we proposed. We are not in the majority. Our view did not prevail. The Democrat budget did prevail. What did that budget do? It passed the largest tax increase in American history. That's not what we say, that's what the Congressional Budget Office says, our scorekeepers. So what did they do in conference? They decided to accede to the Senate and have a slightly smaller tax increase. They started off with the red line, largest tax increase in American history as measured by the Congressional Budget Office. No matter what you say, the numbers in the budget just don't lie. Then they said, let's have a trigger. If we don't spend too much money, and if the surplus is big enough in 2010, then maybe some taxpayers could get some tax relief, and we won't raise all of their taxes. We will extend the marriage penalty and the child tax credit, 10 percent bracket, but will all the other tax increases occur? So we will have the second highest tax increase in American history. That's what their proposal does. They simply cannot have it both ways.
Said by
Paul Ryan
Wisconsin

Editor's note · Context

Discussing the differences in tax policy between the parties during a budget debate.

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