Political Quotes

On the recordDecember 10, 2010
I am not against tax cuts. I voted for them many times in my life when we had surpluses. I have even been pressured to vote for things, and have done so, when we didn't have the surpluses, but they were targeted and focused and there actually had been some rational thought attached to where we might need to borrow some money and spend it, such as in the stimulus package, because in that instance, if we didn't get some spending going, we could slip further into a recession. Even conservative economists counseled us on parts of the stimulus package. By the way, contrary to popular myth, that was about the same size as this package. This package is actually larger. This package is going to be $900 billion. The stimulus was $800-something. It was less. But in that stimulus package about a third was tax cuts. Remember that, Mr. President? A third of that was tax cuts. It wasn't all just spending. But every economist--conservative, liberal--said the government has got to step up and spend in this economy because this place is shutting down--meaning the country--and so we did.
Said by
Mary Landrieu
Democratic · Louisiana
Source
govinfo.gov
Dec 10, 2010

Editor's note · Context

The speaker discusses the importance of tax cuts and government spending during economic downturns.

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