Political Quotes

“I thank the gentleman for yielding, and I rise in support of this legislation. First, let me say that there were two messages that came from this election, in my opinion--maybe others as well, but certainly these two. One, we need to grow jobs. We need to have more jobs for our people. We need to grow our economy. The second was we're very concerned about the deficit. I agree with both of those conclusions in this election, and I think we need to do both of those. To some degree, they're contradictory because, in the short term, in order to grow the economy we've got to invest in the economy and we need not take money out of the pockets of consumers. Now, as a result of the tax bills that were adopted in 2001 and 2003, because we wanted not to have the scoring for a longer period of time and the deficit displayed exploding, they were made to sunset. That is to say, the tax cuts were put in place and then they were sunsetted. It so happens they sunset at the end of this month. That would mean, normally, if we allowed that Republican policy--which I did not vote for--to go into effect, that the taxes would increase on everybody. What this bill does is it says no, we want to cap, and we want to make sure that no American has any tax increase on the first $250,000 of their income. No American. One hundred percent of American taxpayers would be exempt under this bill from any increase in their taxes on January 1 of this year.…”