Political Quotes

Steve Scalise: “I think most people would recognize that bailout didn't work, including many of the people who initially asked for it.…”

On the recordJanuary 14, 2009
I think most people would recognize that bailout didn't work, including many of the people who initially asked for it. And while those of us who voted against it said there was a better way and presented an alternative approach, that was much more based on cutting taxes and encouraging the private sector to make investment. There are trillions of dollars sitting on the sidelines right now that we could bring back into the economy to turn this economy around instead of using taxpayer money and adding another trillion dollars on to a national debt that is already too large.
Said by
Steve Scalise
Republican · Louisiana

Editor's note · Context

Discussing the effectiveness of the bailout during a floor speech.

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