Political Quotes

“I thank Representative Raskin for his thoughtful points and comments on the President's tax policy. I have a few other points before we conclude. The President has said that we can't afford foreign aid given our deficits, but the President thinks that the average American doesn't know math. Mr. President, the average American can do math. The deficit is $20 trillion. Our foreign aid every year is no more than $30 billion to $40 billion. Your proposal would increase the deficit between $200 billion to $500 billion. So this red herring that somehow foreign aid is responsible for the deficit is just false. What is responsible for the deficit is the massive tax cuts that you are proposing that would add, according to conservative economists, between $2 trillion to $5 trillion more to our deficit, and it is all to finance the corporate interests, all to finance the investor class. We have, on the Democratic side, on the progressive side, proposed an alternative, and that alternative is based on the view that we need to encourage job creation and raise wages for mainstream America, that we need to invest in the people actually doing the work. It is based on the thinking of people who used to be Republicans and people like Jack Kemp, who said: Let us invest in areas that don't have jobs and economic growth and have heavy investment for training on the technologies of the future. That used to be the thinking on the other side of the aisle.…”