A Quote by John Breaux
When people see the budget, they're going to say, 'Oh, my God, I wanted a tax cut, but I didn't know what you were going to do to health care and to Medicare and national defense.'
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If we do nothing, as the Republicans suggest, we're going to see health care costs reach a point where small businesses can't afford it and families can't afford it. We're going to see people turned down from pre-existing conditions. We're going to find the Medicare doughnut hole - a gap in coverage that's going to hurt a lot of seniors.
The American people say, 'Don't touch Social Security, don't touch Medicare, don't cut defense.' That's 84 percent of the federal budget.
The Democrats are going to tax everybody through the roof. It is going to be focused on people that are wealthy because that's who they can tax. When you look at the stimulus plan - see, this doesn't make any sense, this is not working, it's not going to work, it's not intended to work the way we all were told it was gonna work. Health care is not going to get better. It's gonna get worse. It's gonna get rationed. The economy, the energy sector, nothing is being improved here. Everything's being wrecked.
I do think that Republicans are flirting with their tax cut, which has always been the narcotic of Republicans, that they in fact have to at some point, with any remote pretense of candor, abandon any pretense of a balanced budget.I mean, they talk about - because they are going to finance the tax cut by tax cuts. That's how they're going to do it. And I do think that the will is there right now in the Congress to act. I think they will be as close to unity as you will see on Capitol Hill this year.
The way to balance the budget is for Congress to cut Social Security, move the retirement age to 70, cut defense, Medicare and veterans pensions, while the states cut almost everything else. It would be tough but we could do it.
And I think most people in this country want to see a president that's got the courage to say we're going to cut the tax burden, and reduce the regulatory climate, and we're going to get Americans working.
Including health care. We're going to end up with better health care at a lower price. People are going to pay less and they're going to have a lower deductible.You know, the biggest - the second biggest problem, other than premiums, with Obamacare is the deductibles. They're so high, nobody's going to get to use them.
They never talked about my defense. But every coach I've played for, I make them say 'Oh, I didn't know about your defense. We're going to put you on the best players. And the other team thinks that you're not good, so they're going to attack you. But we love that.'
Whenever I'm asked if the Trump tax cut is for the rich, I say yes. It is a tax cut for the rich. It is a tax cut for the middle class. It is a tax cut for small businesses. It is a tax cut for the Fortune 100.
A tax cut means higher family income and higher business profits and a balanced federal budget....As the national income grows, the federal government will ultimately end up with more revenues. Prosperity is the real way to balance our budget. By lowering tax rates, by increasing jobs and income, we can expand tax revenues and finally bring our budget into balance.
We don't know what our health care costs are going to be. We don't know what our tax rates are going to be. We don't know what our interest rates are going to be. We don't know what our energy costs are going to be. All these uncertainties are being driven by the Government's agenda. What we really need to do is get Government to step back.
I'll tell you what's funny about it [NSA wiretapping]: They tell us we got to cut the budget; we have to have budget rollback. We're going to cut the budget on air traffic control, and every once in a while your plane is going to be delayed for three hours. But we do have the money laying around to hire people to read your emails and listen to your phone conversations. That just doesn't make any friggin' sense at all.
Well the thinking is we have the highest tax rate in the world. In the entire world, we have the highest tax rate. There's gridlock in Washington because there's no leadership. So what I'm doing is a large tax cut especially for the middle class and they're gonna- we're going to have a dynamic country. We're going to have dynamic economics. And it's going to be something really special. And people are going back to work.
Health care is still the number-one issue out there. Someone who seizes it, I think, will do very well in an election. Let's face it: Clinton's two big issues were the middle class tax cut, which he dropped, wisely, at the time to help reduce the deficit, and health care. That's what he ran on.
One such troubling provision is a tax increase to pay for the $635 billion included in the budget for health care 'reserve funds.' Health care reform is desperately needed in America, but I'm concerned that $635 billion will be a down payment on socialized medicine, causing the impersonal rationing of health care and destroying the doctor-patient relationship.
A lot of people out there working hard and finally building up to getting a pretty good income. Higher tax rates on them, you know, the income rates going up, the dividend rates are going up, the capital gains rates all going up before health care kicks in.
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