Political Quotes

“Madam Speaker, I yield 1\1/2\ minutes to the gentlewoman from Washington (Ms. DelBene), a member of the Ways and Means Committee, chief architect of the child credit expansion. Ms. DelBENE. Madam Speaker, I rise today and ask this body to keep in mind four numbers: 6 million, 9, 15 trillion, and 4. Moody's predicts that if Congress fails to address the debt ceiling, we will lose 6 million jobs, reach a 9 percent unemployment rate, wipe out $15 trillion in household wealth, and see a decline in real GDP of 4 percent. That would trigger a global market panic not seen since the 2008 financial crisis. The brinkmanship that has been displayed by my colleagues on the other side of the aisle is really incomprehensible, but also dangerous. The debt limit has long been a bipartisan issue. Each of the last seven times the debt limit has been addressed, it was on a bipartisan basis. Putting politics ahead of the country is the exact kind of cynicism that makes American people sick. And as a former business leader, these are the games that keep our business community from being able to invest, to innovate, and grow. So I say to my colleagues, it is your duty to extend the debt ceiling and protect the American people from an economic crash. The Joint Economic Committee, which we all depend on for advice and guidance, predicts a default will result in a lasting downgrade of America's credit, drastically increasing costs for car loans, mortgages, student loans, and credit.…”