On April 15, 1986, President Reagan talked about his formula for opportunity. He stated: "Whatever you want to call it, supply-side economics or incentive economics . . . it's launching the American economy into a new era of growth and opportunity . . . Our basic ingredients for a tax package haven't changed: tax rate reductions, thresholds high enough so hard-working Americans aren't pushed relentlessly into higher brackets, some long-overdue tax relief for America's families, and investment incentives for American business . . ."

And the concept of growing the economy by promoting a good atmosphere for business, so that more Americans work, save, and invest should be a bipartisan policy as it once was.

President John F. Kennedy remarked in 1962: "It is increasingly clear that no matter what party is in power, so long as our national security needs keep rising, an economy hampered by restrictive tax rates will never produce enough jobs or enough profits."

We know that when government takes money away from working families, it stifles growth and builds obstacles to success. Senator Ensign will continue to support efforts to allow families to keep more of their hard-earned money. Congress should work to provide relief to America's families, open the doors to opportunity, and let future generations know that the American dream is well within the reach of all who truly desire it.