Lindsey Graham Quotes
I'm for Simpson-Bowles. It doesn't raise taxes, it closes loopholes and takes the money we would give to a few people and put it on the debt.
Graham, Lindsey. Interview by David Gregory. Meet the Press, NBC, 25 Nov. 2012.
During the Iraq War, President George W. Bush, cut taxes several times as part of his economic philosophy. The result he claimed kept the economy sound. It also plunged the nation into the highest national deficit in U. S. History.
He and Bowles were the two leaders of the Presidential National Commission on Fiscal Responsibility and Reform. The commission recommendations to put the nation on a sound financial footing involved sacrifice by almost every sector of American society—everyone would have to give up something that they valued. So the initial reaction of almost every interest group was to oppose the plan. Over time however, there was a realization that unless the burden would be borne by some and not by others, the plan was reasonably fair. It illustrates the initial reaction of Americans to reform proposals is to retain all the benefits that they have and have others give up their benefits.
Lindsey Olin Graham is an American lawyer and politician serving as the senior United States senator from South Carolina, a seat he has held since 2003. A member of the Republican Party, Graham served as chair of the Senate Committee on the Judiciary from 2019 to 2021.