Political Quotes

“we are at the point where this administration has tried to finance three wars with three tax cuts, which has resulted in $450 billion in annual deficits and $3 trillion in additional debt. There is a right way to cut taxes and meet our obligations, both here at home and abroad; and then there is a wrong way. I have strongly supported responsible tax cuts for middle-class families, but that is not what we have here. I have worked in the past on two budgets, both in 1993 and 1997 when we balanced the budget, reduced the national debt and met our obligations in the areas of education, health care, the environment, while we secured the peace in the Balkans; opposite of everything that is being done today. We can do it if we make the right choices and have a good strategy. We are not doing that here. I find it ironic that we are handing out another $13 billion in a corporate giveaway on the very day that the New York Times and the Wall Street Journal cited studies and found that 82 of our largest and most profitable companies paid no Federal income taxes in at least one of the last three years and that corporate taxes were at their lowest sustained levels since World War II. In fact, corporate taxes have financed only 6 percent of the government expenses during the last two fiscal years at the very time that we have been sending people over to fight the war on terrorism. When we have a war going on, everybody has skin in the game.”