Political Quotes

“I want to talk about the importance of passing this tax reform legislation for the people of Colorado. What we have is an opportunity to see real wage growth in this country-- something we haven't seen for far too long. Over the past decade, I think people who are on both sides of the aisle have recognized that while there might be some economic job activity, job creation taking place, while we might see some low economic unemployment numbers in States like Colorado, what we haven't seen is the kind of wage growth we know we can create. Under the analysis done by nonpartisan think tanks in Colorado, they estimate that wages would grow--after-tax income--by over $3,000. That is incredible wage growth for families who many people estimate and who other economists have said could see a financial hardship if they were asked to come up with $400. In fact, we know that if over one-third of people in America had to come up with $400 today, it would create a financial crisis in their household. We heard our colleague from Pennsylvania and our colleague from South Dakota talking about the fact that a family earning a median household income of $73,000 would see a 60-percent reduction in their taxes next year. A single parent with a child, earning $41,000 a year, would see a 75-percent tax cut. Let me read a headline from a story in Colorado.…”