Political Quotes

Paul Ryan: there is just one big bottom line to this debate today: People are overpaying their taxes. We are going to hear a lot of…

On the recordMarch 8, 2001
there is just one big bottom line to this debate today: People are overpaying their taxes. We are going to hear a lot of debate today saying it is too risky, the process is backwards, all of these things. What is behind these remarks is basically this: They want to deprive people from getting their tax payments back. They want to keep the size of the bite of Washington out of workers' paychecks as big as it is today. Look at the whole perspective of this. This tax bill, in its entirety, is 6 cents on the dollar. The tax relief plan is 6 percent of all the Federal revenues over the next 10 years. So the idea that this is too big and irresponsible is irresponsible. Make no mistake, Mr. Speaker. If this tax bill is defeated and this money comes to Washington and is laid up on the table, it will be spent by this body and we will not get tax relief. This bill is responsible because we are first paying off our public debt. We are protecting the Medicare and Social Security trust funds; and, most importantly, we are giving every hard-working American some money back in their paychecks. I urge passage of the rule and passage of the bill.
Said by
Paul Ryan
Wisconsin

Editor's note · Context

Discussing tax relief and the implications of a proposed tax bill.

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