Political Quotes

On the recordMarch 25, 2004
not only did we cut the taxes in 1993 and 1997 in our budget this time, it resulted in 22 million jobs, a reduction in poverty, a reduction in those who were without health insurance. And today under your economic stewardship, 2.5 million Americans have lost their jobs, 43 million Americans are without health care, 2 more million Americans are in fact in poverty that used to be in the middle class, and a trillion dollars worth of corporate assets have been foreclosed on. These are the economic results of your economic plan. It does not set priorities. It assumes all tax cuts are equal. And if you think a tax cut allowing a corporate jet to fly around when children of working families do not get a tax cut, those are the wrong priorities that resulted in the economic losses that you have on your record. The 90s were the best economic period of time; $550 billion of deficit cannot be erased in a 1-minute speech.
Said by
Rep. Rahm Emanuel
Illinois

Editor's note · Context

Discussing the economic impact of tax cuts and job losses during a floor speech.

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