One of the high spots of the decade for me was offering the bill which culminated in the tax act of 1986, which brought rates down. That was the most difficult problem to solve: how to make the tax system of the United States more fair. We tried to make it simpler, but we failed on that one.

We do many things at the federal level that would be considered dishonest and illegal if done in the private sector.

When all else fails, tell the truth.

One of the high spots of the decade for me was offering the bill which culminated in the tax act of 1986, which brought rates down. That was the most difficult problem to solve: how to make the tax system of the United States more fair. We tried to make it simpler, but we failed on that one.

Some of us are like a shovel brigade that follow a parade down Main Street cleaning up.

It's common knowledge that a large percentage of Wall Street brokers use astrology.

At dinner parties I sit below the salt now. There are a lot of interesting people there.