Political Quotes

“The Republican majority of this House is holding the American people and its economy hostage in a cynical ploy to keep the economy from growing and creating jobs. In the year 2000, 12 years ago, the Federal budget had a $258 billion surplus that was a direct result of having created 22 million private sector jobs under the Clinton administration. New road and bridge projects were funded and American businesses were providing the labor and equipment to help rebuild the Nation's infrastructure. In the year 2001, the new Republican administration came in and looted a surplus that they didn't create to finance two tax cuts we couldn't afford and two wars that took over $1 trillion out of the American economy. They ruined the American economy by losing more jobs than in any period in the past 60 years and created a financial crisis not seen since the Great Depression. The Republican Party and their failed policies took us from record surplus to record deficit. In 2009, the Republicans handed this mess over to the current President and have vowed not to help him rebuild this Nation and its economy. They have created a phony debt limit crisis that reverberated throughout the American economy and the financial markets. The debt ceiling crisis cost American investors $18 million and led to a downgrade of the Nation's credit rating. This debt limit crisis imposed a tax on the American people that did real and permanent damage.…”