It is the difference between owning your own home and living in somebody else's house. It is the difference between your children going to college or going to work. It is the difference between having a retirement program and not having one. Let me begin talking about the President's tax cut. Perot and Mr. Dell.
Nobody knows what a trillion dollars is, so obviously it is huge.
What I would like to do is, using some figures from the National Taxpayers Union that are very relevant to the debate, let's convert it into English. The answer, 6.2 cents. We now hear from our colleagues that when we cut the bottom rate twice as much as the top rate, then it is skewed to the rich. It was over twice as big as the Bush tax cut. The Reagan tax cut, in 1981, gave back 18.7 cents out of every dollar collected.