Political Quotes

On the recordMay 28, 2010
I thank the distinguished chairman for his recognition and also for the excellent job he has done to bring this bill to the floor today, the American Jobs and Closing Tax Loopholes Act. Mr. Speaker, it is our responsibility here, almost an ethical one really, to create jobs for the American people. Equally important is to reduce the deficit. So any of the pieces of legislation that we bring to the floor must strive to do both, to strike that balance. {time} 1245 I congratulate the chairman on this important legislation because it does both, creates jobs and helps to reduce the deficit. If I had four words to describe the bill, it would be the same four words--it's a four letter word, I prepare you for that--jobs, jobs, jobs, and jobs. It's about jobs, it's about summer jobs for young people, it's about Build America bonds, jobs and the infrastructure sector, it's about jobs that are produced by our investments in research and development tax credits in the legislation to have research into higher skilled jobs and bring us to a different place technologically. That's very important. It's about helping people who have lost their job through no fault of their own. And that's important to them individually; but it's also important, as economists tell us, that unemployment insurance is the fastest way to inject demand into the economy, thereby creating jobs immediately. These and in other ways in this legislation we are creating jobs.…
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Nancy Pelosi
Democratic · California

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