Political Quotes

“This is really not about the R&D tax credit. I have favored it. I continue to favor it. Democrats, indeed, are in favor of tax incentives. Sometimes, we are criticized for that, but that is not the issue here. It is whether we make this permanent without paying for it. It is fiscally irresponsible to do so, and it endangers key programs that matter for all Americans, and that is why the veto message from the President. Why fiscally irresponsible? It is unpaid for, costing, over 10 years, $156 billion. As you said, the gentleman from Oklahoma, it is part of a package, the total of which would be $310 billion; and if you add the others referred to, the package could be $500 billion, more or less--a huge sum--unpaid for. The $310 billion that is represented by this package is more than one half of the projected deficit this year. So it is not only fiscally irresponsible, it is also hypocritical. It violates the Republican budget itself that requires extenders to be paid for, if permanent, with other revenue measures. Here is what the chairman of the Budget Committee said last month: Our debt has grown more than twice the size of our economy. You can't have a prosperous society with that kind of debt. Mr. Brady, who, I guess, will be speaking on this, said last month: Americans have had it with Washington's fiscal irresponsibility, and I don't blame them.…”