The ... report makes it clear that, without the treats given to us by tax cuts and low interest rates, consumers are on their own, ... Let's just hope they don't trick us and slow spending sharply.

We have said throughout the campaign that New Zealanders would pay for National's tax cuts through higher mortgage and interest rates and today's statement from the bank bears that out,

This administration has no plan, no vision, no answer beyond simplistic knee-jerk tax cuts for the wealthiest among us.

A bunch of problems that we have ahead of us are largely because of these tax cuts. They are very costly and will contribute significantly to budget deficits in the future.

I am worried that it seems inconsistent and unsustainable for the president to be asking for large tax cuts before we know what our continuing obligations are. I would like to see us take a deep breath, deal with Iraq....I don't believe that we really fully appreciate the cost that we may be embarking upon,

I think the tax cuts were too big, and I am worried about the deficit. You have to pay it back at some point.