Political Quotes

“If I could engage the Senator in a colloquy, this is a chart that shows the legislation we are considering today. What it shows is the tremendous hit to the tax that supports Social Security. This is the Old Age Survivors Disability Act. It is a $240 billion hit to the funding to support Social Security. We both are going to vote no on both pieces of legislation today because we do not think seniors should take this level of hit. In the Casey-Reid legislation--this is where the so-called millionaires' tax comes in--it only refunds what Social Security needs to the level of 7 percent in 2013. In fact, according to one analysis, we may trigger the end of the debt limit before the election if we pass this because of the $246 billion we will have to borrow temporarily until the long stretch of this revenue comes in. =========================== NOTE =========================== On page S8104, December 1, 2011, the Record reads: In the Casey- Reed legislation--this is . . . The online Record has been corrected to read: In the Casey-Reid legislation--this is . . . ========================= END NOTE ========================= We are about to do a chart with the Republican alternative. It has the same long payout there, and tremendous hit to Social Security. In this time of all these political bills, I think Senator Manchin and I are both saying let's not do the political thing anymore.…”