Political Quotes

“This is an important moment. These bills move the Nation dangerously closer to the cliff with only 11 days before our Nation would go over it. They make finding common ground far more difficult with only 11 days left to find it. These bills are not a plan; they're a ploy. They are bills to nowhere. They undermine trust so essential for agreement. We've just heard it. The Republicans claim that letting the tax rate go up from 35 to 39.6 percent on income over $1 million is not a tax hike because it would happen on its own. But then they say that if the tax cut rate would go up on income below $1 million by happening on its own, it would be the biggest tax increase in history. That is patently inconsistent. {time} 1400 But far worse than the hypocrisy is the way they design their tax provisions. For those with income over $1 million, they provide a tax cut of at least $50,000. They raise only one-third of the revenue contained in the Speaker's discussions with the White House and far less than proposed by the President. Talk about undermining trust. It would raise taxes on 11 million middle class taxpayers--11 million--through their failure to continue the education credit, and they hurt millions of other middle class families with their failure to keep the improvements to the child tax credit and the earned income tax credit.…”