Political Quotes

John Yarmuth: I know it is fascinating, and I have heard this argument now year after year after year talking about how much every…

On the recordFebruary 3, 2021
I know it is fascinating, and I have heard this argument now year after year after year talking about how much every individual in this country has owed because of the debt--the national debt. We have been accumulating debt in this country for most of our 240-year history. I ask the gentleman: Has there ever been one American citizen or one American citizen's ancestor who has ever paid any of that debt or who has ever been asked to pay for that debt? Of course not. That is because we are a sovereign currency nation. We don't pay attention to that. And just to clarify one thing he said, he said spending money has never helped in a crisis. Well, you will find virtually no economist who will not say that what we did last spring when we passed the CARES Act helped us mitigate the very first few months of this disaster. We didn't do enough then. We can't make the same mistake now. Mr. Speaker, I yield 2\1/2\ minutes to the gentleman from California (Mr. Takano), the distinguished chair of the Committee on Veterans' Affairs.
Said by
John Yarmuth
Democratic · Kentucky
Source
govinfo.gov
Feb 3, 2021

Share

More from John Yarmuth

Aug 12, 2022

I just want to clarify one thing. It seems to me that Republicans just don't want people to pay taxes even if they are owed. We know there are hundreds of billions of dollars of owed-but-not-paid taxes in this country every year. This is…

govinfo.gov
Jun 13, 2022

Experts across the ideological spectrum agree that the main drivers of current inflation are international supply chain issues and energy price hikes caused by Russia's war in Ukraine.

congress.gov
Jun 13, 2022

He doesn't control the oil companies.

congress.gov
Jul 19, 2022

If every life were truly sacred in this country, we wouldn't be having a hearing about programs to keep mothers and their children healthy, fed, and cared for, we would be fully funding them.

congress.gov

Other voices in this conversation