Political Quotes

On the recordAugust 1, 2012
I thank the gentleman for yielding. I also thank him for his legislation on the floor today, to strengthen the backbone of our democracy, the great American middle class. Today we can do just that by passing President Obama's middle-income tax cut, which is on the floor today as the Levin substitute. It has already passed the Senate and could be signed into law by the President before the weekend. We have an opportunity. We have an opportunity to give a tax cut to 100 percent of the American people. We have an opportunity to relieve some of the uncertainty that exists in our economy as to how we are going to pay the bills and how America's working families are going to pay the bills. We have an opportunity for fairness, which is an all-American value, for fairness for our families, for our businesses, and for our budget. We must not--as some people always accuse Congress of doing--miss an opportunity. {time} 1700 We have to take advantage of the opportunity that is here today. The bill provides for fairness for the middle class and certainty, as I mentioned. The Republican alternative says not only do we want to give 100 percent of the American people a tax cut; we want to give a bigger and better tax cut to people making over $250,000 a year ,2 percent of the American people. In order to do that, we greatly increase the deficit which would incur borrowing from other countries, including China.…
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Nancy Pelosi
Democratic · California

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