US Presidency
1981

And encouraging more savings and investment is precisely what we need now to rebuild our economy. There's also a little sleight of hand in that trigger mechanism. You see, their bill, the committee bill, ensures that the 1983 deficit will be $ 6 1/2 billion greater than their own trigger requires. As it stands now, the design of their own bill will not meet the trigger they've put in; therefore, the third year tax cut will automatically never take place. If I could paraphrase a well known statement by Will Rogers that he had never met a man he didn't like, I am afraid we have some people around here who never met a tax they didn't hike. Their tax proposal, similar in a number of ways to ours but differing in some very vital parts, was passed out of the House Ways and Means Committee, and from now on I'll refer to it as the committee bill and ours as the bipartisan bill. They'll be the bills taken up Wednesday.