Political Quotes

“I wish to retain that 7 minutes after Senator DeMint speaks. The PRESIDING OFFICER. The Senator from South Carolina is recognized. Mr. DeMINT. Mr. President, I have a motion at the desk. The PRESIDING OFFICER. The motion is pending. Mr. DeMINT. Mr. President, in a moment, I will move to suspend the rules for the purpose of offering my motion to permanently extend the current individual income tax rates, finally repeal the death tax once and for all, and permanently patch the alternative minimum tax. I know a lot of work has gone into this tax compromise. I appreciate the fact that both sides have worked so hard to strike a deal. While I appreciate the efforts that have been made, I am concerned that the bill currently under consideration does not permanently extend tax rates and, thus, will have a marginal, if any, benefit to our economy. Temporary rates make for a temporary, uncertain economy. My substitute amendment ensures a long-term stable economic environment for Americans to create jobs, buy a home, invest their assets, save for retirement, and preserve their family farm or business. We need to stop and consider what we are doing to our country and to our economy. We are the premier free market economy in the world. Yet almost all of our Federal tax rates are temporary. I have been in business most of my life, and I understand a lot about how free markets work, how businesses plan--usually in a 5- or 10-year window, looking at their bottom line.…”