Political Quotes

“I am a little confused. As I said earlier this morning, I thought we were in the business of cutting taxes with this bill only to find out that we are actually increasing taxes on 2 million Americans. I am disturbed because those 2 million Americans are Federal employees, FBI agents, cancer researchers, people that help move our Social Security checks, people who work very hard, who have experienced downsizing, and who are now confronted with the notion that in order to get a $500 per child tax deduction, they are going to pay an extra $750 to get that. They are paying that in the form of an increased contribution for their retirement. There is nothing wrong with the Federal retiree system now. It is not overly generous. In the private sector they would not have to pay anything at all. It is not insolvent. We have had research to indicate that it is in fine shape. Why are they doing this? They are doing it to raise money and they are raising money to give a tax break to the wealthiest citizens in America. The top 1 percent of Americans will get 10 percent of the benefits under this bill. The top 20 percent will get 50 percent of the benefits under this bill. It does not seem right to me.”