Senate Proceeding on Mar 12th, 2008 :: 8:31:20 to 8:33:44
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8:10:55 to 8:31:20( Edit History Discussion )
Speech By: Christopher Dodd

8:31:01 to 8:31:20( Edit History Discussion )

Christopher Dodd: see their income tax rise $5,300 or 61%. that's how low you would have to go on the taxable scale to be able to raise the money that you need to fund $300 billion increase in the federal government.

8:31:20 to 8:31:34( Edit History Discussion )

John Ensign: let me put things in perspective. c.b.o. said that president clinton in 1993 raised taxes in this country $240.6 bil0.lion over five years. the late senator moynihan from new york called it the large

8:31:20 to 8:33:44( Edit History Discussion )
Speech By: John Ensign

8:31:34 to 8:31:47( Edit History Discussion )

John Ensign: of the tax increase in the history of public financing in the united states or anywhere else in the world. now, i'm not addressing taxes. our proposal if a spending increase is bigger than the five-year

8:31:47 to 8:32:02( Edit History Discussion )

John Ensign: increase that president clinton imposed on the american taxpayer. it's bigger than the five-year increase of the clinton tax increases which was the largest in the history of this country or, as senator

8:32:02 to 8:32:17( Edit History Discussion )

John Ensign: moynihan said, anywhere else in the world. well, senator obama promised to pay for this record new spending with tax increases on families making over $250,000 a year. that's a pretty apraktive attractive

8:32:17 to 8:32:31( Edit History Discussion )

John Ensign: target. more americans aspire to get there than worry about there. as my dear friend from colorado pointed out this increase would only yield $225 billion over five years -- a far cry from the amount

8:32:31 to 8:32:48( Edit History Discussion )

John Ensign: we need which is $1.4 trillion the let me say that again: $1.4 trillion which is required under the new spending program. so, in item california washington fashion, we have a proposal by somebody

8:32:48 to 8:33:03( Edit History Discussion )

John Ensign: who spend $1.4 trillion and to pay for it in total with the taxes on just families over $250,000 worth of income which would equal $225 billion over give years. now, somehow in washington that's

8:33:03 to 8:33:16( Edit History Discussion )

John Ensign: understood as a promise to pay for in total -- $225 billion collected in taxes and $1.4 trillion spent. well, i don't ned to belabor the point. i'm here to ask my colleagues, i'm here to beg my b colleagues,

8:33:16 to 8:33:28( Edit History Discussion )

John Ensign: vote against this amendment. vote against my friend from colorado. lo turn him down. america doesn't need us to spend more money. they need us to fix the programs that are designed to affect the american

8:33:28 to 8:33:44( Edit History Discussion )

John Ensign: people today. we don't need to tax the american people more. we need to tax them less. we need to look at corporate taxes in this country and we need to reduce them. we need to look at health care

8:33:44 to 8:33:53( Edit History Discussion )

Kent Conrad: and figure how to fix it. we need it look at education and figure out how every child across crosses thegoal line. if we create jobs here it is not the jobs most americans want. if we allow the private