July 11,2007
Grassley Welcomes Lower Budget Deficit Estimate, Says Tax Relief Helps Fuel Revenue Growth
Sen. Chuck Grassley, ranking member of the Committee on Finance, today made the following comment on the Office of Management and Budget estimate of a lower federal budget deficit than last year’s deficit.
“Good tax collections, bigger paychecks for individuals, and capital gains from a strong stock market are all proof of a growing economy. The policy of tax relief is increasing federal revenue. Those on the other side of the aisle who dismiss the benefits of tax relief may be trying to cover up their own predilection for higher spending.”
###
Next Article Previous Article
Recent News
- Wyden Slams RFK on Purging Public Records Teams at HHS After Publicly Promising “Radical Transparency”
- Wyden, Senate Colleagues Slam Social Security for Improperly Declaring Thousands Dead, Call for Watchdog Investigation
- CBO: Republican Medicaid Proposals Cut Benefits and Kick People off Health Coverage
- Wyden Urges Colleagues to Vote ‘No’ on Bisignano’s Nomination to Lead Social Security
- Wyden Statement at Finance Committee Hearing on Nomination of O'Neill and Andres to be HHS Deputy Secretary and Congressional Liaison