Less than 1 percent of his tax cut takes effect this year. All economists are saying it does not stimulate the economy and I would argue it would have the opposite effect,
For the president to claim that spending -- as opposed to the tax cut -- is at the root of the problem is simply to pass the buck.
marketing scheme designed to make last year's unpopular tax cut more palatable.
Our bill recognizes that we are in a period of economic uncertainty, so we give people immediate tax relief, which we think will help them get through this uncertain time,
We are locked into a process that is based on a tax proposal that was put together a year ago, when the economy was very different than it is today, ... There is a lack of willingness to adjust and modify and respond with an economic plan that is in tune with today.
What we're seeing is a talking down of the economy, the suggestion of a recession, the suggestion of a slowdown in order to justify what looks like it's going to be a $3 trillion tax cut,
The right way includes an immediate tax for those Americans most affected by the economic slowdown and a budget that leaves enough money to pay off the debt, invest in the needs and priorities of the American people, and keep interest rates low and our economy strong,
I suggest to members that we're making a mistake with this budget, ... It's a $2 trillion-plus tax cut that mostly goes to the richest Americans.
They've scheduled two hours debate on a trillion dollar tax cut. That's crazy.
It reveals that the tax cut is so big it gobbles up virtually the entire available surplus, forcing cuts in vital programs like Medicaid and the State Children's Health Program.