Political Quotes

On the recordDecember 19, 2017
I thank my friend, Mr. Garamendi, for allowing me the opportunity to speak about this. You have FDR on the poster. He also said December 7 was a day that would live in infamy. This is a day that will live in infamy because of the tax bill that was passed today. I don't like to speak in this hyperbolic way, but what was passed by the Republican House, and soon by the Republican Senate, is something none of us has ever seen before. Let's just do some easy math so that people understand how unbelievable the numbers are on this. Let's take Speaker Ryan's numbers. He said an average family of four making some $60,000 are going to save about $1,183. Okay. Of the four, that is about $275 per person. That is nice. I like it. What he doesn't tell you, and what the Republicans refuse to talk about, is how much money is put on the credit card of the Nation for the current generation and future generations to have to pay. At best, it is $1.5 trillion. That is a number that none of us can really understand how big it is. But let's say there are 300 million Americans. Divide 300 million into $1.5 trillion and that is $5,000. Let's do the math. You get to save $270, but you put $5,000 on the credit card. Wait a second. That doesn't sound quite right. Where does that $4,730 go? Well, it goes straight up to the wealthiest among us. So all of us, as a country, as a nation, and as a people, have the obligation to pay this back. And who gets it? Just a very slim few.…
Said by
Ed Perlmutter
Democratic · Colorado

Share

More from Ed Perlmutter

Mar 31, 2022

I remind my friend, Mr. Arrington, that there are 12 million acres of nonproducing Federal land with 9,000 unused but already approved permits for production. Mr. Speaker, I would also like to wish Mr. Arrington a happy birthday. Mr…

govinfo.gov
Sep 13, 2022

I think will bring a lot of fruit to bear in terms of suggestions that we had and have about modernizing and improving the way this place functions...

congress.gov
May 11, 2022

We had a fantastic trip and I tried to get everybody--Don can attest to this.

congress.gov
Sep 14, 2022

Well, I'm smiling because we have this thing at the YMCA called the e-gym, where it sort of tracks you...

congress.gov

Other voices in this conversation