Political Quotes

On the recordMarch 15, 2011
I've had an opportunity to listen to two of my friends on the Republican side of the aisle. I just need to remind them, when you take a voluntary pay cut, when you subsidize and give tax cuts to millionaires and billionaires, when you prosecute a couple wars to the tune of $1 trillion that you don't pay for and then when you let Wall Street run amuck without any police on Wall Street and you have a crash, you're going to have major debt. So now they're complaining about a debt that they were instrumental in creating. All right. We've got to pay it, but you've got to get people back to work. The best way to reduce the deficit is to have people working. President Obama has reduced what we're spending in Iraq by $100 billion. That's real money. You can't just focus on education. You can't just focus on energy efficiency. You've got to focus on tax cuts for oil companies and on tax cuts for millionaires and billionaires. It's both sides of the ledger. It takes all of us working together to get this under control, and we Democrats intend to do that.
Said by
Ed Perlmutter
Democratic · Colorado
Source
govinfo.gov
Mar 15, 2011

Editor's note · Context

Perlmutter addresses the causes of national debt and the need for job creation to reduce it.

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