Political Quotes

“We have had this debate for 10 years. The facts are out. The biggest beneficiaries were the lower middle and upper middle income families in America. The biggest hit, if we don't extend these tax cuts, will be the lower middle and upper middle income families in America. Under that bill, we had more jobs, higher wages, higher benefits. The average family's net wealth went up to historic highs, and that is what is at stake right now. The bottom line here is, you can throw all the numbers around that you want, but the people in America know we had the strongest economy in our lifetimes as this tax cut went into place. And if we see this tax cut expire, we have seen the National Association of Manufacturers and the U.S. Chamber of Commerce give us the data--a million jobs lost. We are going to see GDP and our growth go down by at least a percentage point, and the same kind of negative impacts on the economy will happen every time we have a massive tax increase in this country. This battle, no matter how you want to characterize it, is over whether we should have another massive $4.3 trillion tax increase, and I object. The PRESIDING OFFICER. The Senator from Minnesota. S.J. Res. 37”