Political Quotes

“There's a critical moment now. Right now. That moment is seen in the deliberations that are going on here in this Hall, in the Capitol, about the fiscal cliff, about the deficit. And there are those who would suggest that the only way to deal with it is with an austerity program, reduce government expenditures at every level. There's some evidence cited by Mr. Higgins earlier that there's another way of dealing with this, and that is to put people to work, to use the power of government to put people to work, even if that means borrowing money at 1 percent. Putting it into an infrastructure bank to finance projects that have a cash flow, such as your sanitation facility in Toledo, Ohio, or a toll road or the St. Lawrence Seaway, all of which have a cash flow. You could maybe charge a percent and a half. You borrow at 1 percent, you charge a percent and a half, and we build. We put people to work. Ms. Kaptur, why don't you pick this up, and then Mr. Higgins, and we'll carry on our conversation”