Political Quotes

On the recordMarch 30, 2004
the House is on the verge of passing a $2.3 trillion budget with a $521 billion deficit, showing that it is impossible to finance three wars with three tax cuts and come up with a different result outside of a $521 billion hole in the budget. This budget repeats the same mistakes that have resulted in a jobless economy and a wage recession in America. It continues the status quo of the administration's economic policies that have resulted in nearly 3 million Americans losing their jobs, 43 million Americans without health care, of which 33 million Americans work but have no health care, and 2 million Americans who used to be part of the middle-class and now are in the level of poverty, and wages are frozen, and $1 trillion worth of corporate assets and individual net worth have been called into bankruptcies. What do you do when have you this type of economic results? You think you would change your economic policies. No. This budget puts your foot on the accelerator, expecting a different result but repeating the same economic mismanagement.
Said by
Rep. Rahm Emanuel
Illinois

Editor's note · Context

Criticizing the proposed budget and its economic implications during a House floor debate.

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