Unless you reduce the long-term spending burden, you cannot cut taxes in any lasting way, but can only shift the burden of taxes from the present to the future.
Peter George PetersonMany Republicans have what I call a 'tax-cut syndrome' where they have never seen a tax cut they didn't really like and didn't see a tax increase they didn't hate and do everything they could to block.
Peter George PetersonThrift is not some obsolete Victorian notion. . . . It will be the difference between those who prosper and achieve respect and those who become a burden to their children and society.
Peter George Peterson