Political Quotes

On the recordDecember 4, 2017
Mr. Speaker, I yield myself 4 minutes. Mr. Speaker, this could be a long few days if they can't agree on a motion to go to conference. That is not exactly the most heightened controversy we have. Mr. Speaker, I want to stand in support of the Democratic motion to instruct conferees on the Ryan-McConnell tax package and in strong opposition to the Republican tax plan. Behind me is a replica of the national debt clock. This clock was just reconfigured. New features have been added just in time for the Republicans to acknowledge that they are about to add $1 trillion to this national debt clock, which they tortured Democratic Presidents on for years about the debt. So let me provide you with some historical perspective. In January of 2001, when Bill Clinton said good-bye, we were looking at a $5.4 trillion surplus, four straight balanced budgets, and record economic growth. The CBO said that the surplus might even go beyond $5.6 trillion. But what really happened during that period of time? After the Bush administration left, we were staring at $6.1 trillion worth of debt. So what happened? In 2001, the Republican Party cut taxes by $1.3 trillion and said it was all about economic growth.…
Said by
Rich Neal
Democratic · Massachusetts

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