It's exciting and we're seeing it everywhere, not only here in DC but that kind of bipartisan support throughout our nation. President Bush has changed the tone here in DC and tonight's responsible budget for American's priorities building on what's just been a tremendous beginning. The president is asking the Congress to make his tax relief package retroactive to January 1st.
Federal taxes are at the highest peacetime rate in history.
Americans pay more in taxes than they spend on food, clothing and housing combined. This year it will take most Americans more than 4 months of paychecks to pay their tax burden. So far he has given no indication of that. What's exciting is that President Bush is putting forward the agendas he campaigned on. Certainly there is room for discussion and debate on these many issues, however, we believe that tax relief puts more money in the pockets of families, allowing them to pay down their personal debts and puts more money in the hands of entrepreneurs.