Political Quotes

“we are having the traditional debate today, and that is, when spending is a little tight, do we raise taxes, or do we bring spending under control? Our friends on the other side of the aisle are using their traditional argument to raise taxes, and we are saying that we should keep spending under control. We are in a recession; world war. Clearly, we do have a deficit. We all admit to that. And every time we have been in a recession, we have had a deficit. Every time we have been at war, we have had a deficit. As the Congressional Budget Office has stated, 72 percent of the deficit is a result of the economy and the war against terrorism. Clearly, if we want to get this economy moving again, we need to bring spending under control and continue to lower taxes for American workers. And not one real-world economist has said that we should increase taxes during a recession. They all say, including Alan Greenspan, that we should lower taxes. I would note that if our friends are successful in stalling or repealing the Bush tax cut, this is what they will do: They will increase taxes on married couples. Our friends would increase taxes on the death tax for small-business people and family farmers. They would increase taxes on small-business people and entrepreneurs. They would also increase taxes on parents who have children, because they would stop the implementation of doubling the child tax credit.”