Political Quotes

On the recordAugust 2, 2012
Here we are 20 months removed from December 2010 when we last had this debate, 20 months removed from when the President, 91 current House Democrat Members, and 39 sitting Democratic Senators all agreed that our economy couldn't survive a new round of tax increases; 20 months removed from unemployment of 8.9 percent that has continued, quarterly GDP growth of just 2\1/2\ percent; and 20 months from a President who proclaimed it wasn't wise policy to raise taxes during a recession. Well, what has changed, Mr. Speaker? Not much. Unemployment is still over 8 percent, GDP growth has actually worsened to 1.5 percent, and politicians and Presidents from both sides of the aisle are, once again, saying it is not wise economic policy to increase taxes. Yet one thing has changed. Earlier this summer, the President reversed his decision, decided our economy had undergone some sort of significant improvement and called for massive tax increases on American small businesses, a call which Senate Democrats responded to and which, according to independent analysis, would shrink our economy by 1.3 percent. The rhetoric used to advocate for increasing taxes by the other side is the same populist grandstanding we have been hearing for years: everyone needs to pay their fair share. We need to increase taxes on those millionaires and billionaires. Only 3 percent of America's job creators will be affected.…
Said by
Aaron Schock
Illinois
Source
govinfo.gov
Aug 2, 2012

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