Political Quotes

“Mr. President, today is an important day on our promise to deliver tax relief for America's working families and our businesses, to create more jobs and grow our economy faster. The House Ways and Means Committee is about to unveil their first draft of a tax cut bill. That is a good step forward after we both passed our budgets a couple of weeks ago. As we move forward through this process, it is important that we all recognize that tax cuts are a way to let the American people and our businesses keep more of their money, not the government's money but their money. We also have to be mindful of the impact it has on our staggering national debt of over $20 trillion and rising deficits. We can expect the economy to grow at a much healthier rate than it has in recent years if we pass a good tax bill. But we also need to look for other ways to offset the costs of those tax cuts to a degree. There have been a lot of discussions during the year about what I would consider unwise and painful changes to our tax law. Eliminating deductions, credits, exclusions, exemptions--they are popular and widespread. Some people call that the spinach, in addition to the ice cream of tax cuts. However, I have what I would call maybe a creative idea, a novel idea--one that I think is gaining momentum in the Senate and in the House.…”