Political Quotes

“No, I can't yield any more because I am running out of time. Mr. Speaker, this is one of two bills that we are considering on the floor this week to make tax cuts permanent, and it is unfortunate that neither of these bills is paid for 1 year or permanently. Together, they would increase the deficit by $93 billion. Nobody is suggesting we are going to pay for that, so our kids will pay for it. Democrats support extending many of the preferences we are talking about, but we are also deeply concerned about America's fiscal future. And I voted that way, not just talked that way. I hear a lot of talk from my friends in the majority about the debt, but that talk too often fails to translate into fiscally responsible policy. It didn't in 1981 when we cut taxes deeply and increased the national debt from the time I came in under Reagan 189 percent, more than any President that has been President during my term in the last 34 years. We have seen these two tax bills before--when Republicans brought them to the floor last Congress, along with several other permanent tax cuts, which, together, would have ballooned the deficit by more than $600 billion. That is twice what we will spend on medical research at NIH and 10 times what it would cost to expand community college access. I also hear a lot of my friends on the other side of the aisle talk about a broken tax system. I tell my friend, that system is going to remain broken.…”