The U.S. Congress deserves credit for moving our nation to a balanced budget and a federal surplus. Having dealt with that kind of situation on the state level, I know that you have been offered hundreds of ideas for how to spend that surplus even before it arrives. When considering what to do with the federal surplus, I believe Congress should set aside funding for high priorities like Social Security and education. I also believe, however, that Congress would do well to consider returning some of the surplus funds to hard-working American taxpayers. As the governor of a state that receives the lowest return on our federal tax dollars, I also believe that a tax cut would be the most equitable.
Tax cuts work.
Tax cuts keep government's relationship with the people in balance and help limit the size of government. What's more, they can keep our nation headed toward prosperity as we head into a new century. Mr. Chairman and members of the committee, I thank you for your time, and I welcome any questions you may have for me. To view them you must have Adobe's Acrobat PDF Reader. If you do not have this software you may download and install it from Adobe's website .