Political Quotes

“I thank the gentleman. Madam Chair, I am standing in opposition to this proposal. When we debated the middle income tax cut a few weeks ago, I spoke in favor of a tax system that we might design for the future, a progressive system with substantial tax relief for working families, and, in our own Democratic caucus, suggested that the number $250,000 was too low; that if we raised that ceiling to $500,000, we could take care of every S corporation, we could take care of every small business person who at the end of the month uses their credit card. That was rejected. But I still thought that was a reasonable compromise. Now, when my friend Mr. Camp spoke a couple of minutes ago, he delineated the clearest position of the two parties when he said he was upset that we were not paying for the extension of unemployment benefits. For years they borrowed the money for Iraq, they borrowed the money for Afghanistan, and, I challenge anybody on the other side tonight to dispute this point, they borrowed the money for the Bush tax cuts as well. That is what we are discussing here. Now, the reason that I stand in opposition to this proposal tonight-- because there are many good provisions in this bill, including alternative minimum tax, and I do wish the Build America Bonds program was in here--this represents a serious threat to the solvency of the Social Security system. We will never return that number down the road.…”