I mean, people legitimately borrow money, and businesses legitimately borrow money for two reasons. One is for survival, to eat, to pay salaries if you are a small business. And they borrow money for investments. We have plenty of…

Last May, President Richard Levin of Yale University delivered a commencement speech, and I think the message he conveyed in that speech is worth repeating here for the Members of this body and also for the American people. I am going to…

When most people borrow money--and go into debt--it's either for survival or for an investment that will pay off in the future. Borrowing $114 billion from China to give massive tax breaks to the wealthiest Americans meets neither of those…

Mr. Chairman, when families around the country try to deal with their budgetary issues and there are limited resources available, what they do is, they say, Well, we may have to borrow money; but if we're borrowing money, we're going to…

This week, the Senate and the House will be asked to vote on a package of tax extenders and other provisions that will provide great benefits for many hardworking American families and for low-income people. Unfortunately, this comes at a…

There was a time, and it wasn't too long ago, that the gorgeous waterfront park in my hometown of Louisville, Kentucky, was a junkyard. It was a time, just 25 years ago, that if you found yourself in our now thriving downtown after dark…

I would ask my colleagues from the other side of the aisle why did they write them into the law? Because these are Republican tax hikes that we are dealing with, trying to decide what makes sense from a fiscal standpoint and from a…

We are now in a situation in this country in which we have the greatest disparity between the very wealthiest people and everybody else that we have had in 100 years. Already this year, the top 1 percent of the income earners in this…

Soon we are going to have to decide how to treat the Bush tax cuts. We are going to have to decide whether or not to indebt the American people another $700 billion to extend benefits, tax benefits, for the richest 1 percent of the…

If the story is true, Senator McConnell will have to explain to the families of all the men and women who sacrificed in Iraq why he was willing to play politics with their lives.

Our Republican colleagues are constantly reminding us that the administration last year said that unemployment would not get to 8 percent if we passed our Recovery Act. Well, that remains to be seen. But let's talk about a projection that…

We heard just a few minutes ago a repetition of the myth that our friends from the Republican Party tried to foist on the American people, the idea that somehow, by restoring the pre-Bush tax rates on the wealthiest Americans, we are going…