Political Quotes

“I appreciate my distinguished chairman yielding time. I can understand why the American people are frustrated. We have a President who, from day one, campaigned on raising taxes, raising taxes, then became the President of the United States, and his party in the House and his party in the Senate, they've talked about raising taxes. All the while, we've had a down economy. All the while, we've had unemployment above 8 percent. Yet the interesting thing is that, when the same Democratic Party controlled the House of Representatives and controlled the United States Senate for 2 years, they decided not to implement the Buffett tax. {time} 1230 They decided not to increase taxes on Americans. Why? Because they know what we know and they know the truth, and that is that raising taxes will hurt the economy, that raising taxes is not what you do when you want to put people back to work. It's bad policy. It's why a year ago, despite all the rhetoric against the Bush tax cuts, despite all the rhetoric against the '01 and '03 rates, this same majority in the United States Senate and this same President said-- what? President Obama said, Now is not the time to increase taxes on any American. A year ago. If that were good policy a year ago, I might submit to you that it's good policy today. I don't know many Americans who believed a year ago that the economy was in any worse of a situation than it is in today. Raising taxes is not good policy on any American.…”