On the recordJuly 24, 2006
I would be for keeping the tax cuts in place, letting them grow for their maturation. I think a lot of them do not kick in for full force until 2010, because the trend that I am seeing is this 11.1 percent more collections, more people working, industrial production increasing 4.3 percent, real hourly compensation rising at 3.2 percent, real consumer spending increasing at 5.1 percent over the first quarter, productivity in the Nation up 3.7. See, I would say to you that because of the tax relief, because of the job growth package and because of that, we are going to be able to grow ourselves and our economy to meet the needs to be able to take a sizeable chunk out of that red part of your chart.
Source
govinfo.gov
