Political Quotes

On the recordApril 12, 2018
Here they go again. Republicans are coming to the House floor to decry growing deficits, as if they had nothing to do with them. Just this week, the non-partisan Congressional Budget Office (CBO) reported that the federal deficit is going to double over the next five years--driven by policies passed by a Republican-controlled House and a Republican-controlled Senate and signed into law by a Republican President. Their hands are stained with red ink. The fact that these same Republicans are now saying we need a Balanced Budget Amendment to tame our debt is more than a little hard to swallow. In fact, I don't know how they are not choking on their hypocrisy. Republicans increased the deficit by $1.9 trillion to provide huge tax breaks mostly to wealthy individuals and large corporations. Just look at the analysis from the Tax Policy Center, which shows the top one percent--those with income over $730,000 a year--getting an average tax cut of over $50,000 in 2018, compared to only $60 for those at the bottom. And CBO tells us the deficit will grow even higher if the GOP further extends these tax cuts for the top. The purpose of today's activity is not to bring balance to the budget--it is to provide political cover for Republicans. But even they are having trouble pretending to take this bill seriously.…
Said by
Mike Levin
Democratic · California
Source
govinfo.gov
Apr 12, 2018

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