Political Quotes

On the recordFebruary 9, 2012
I thank the gentleman for his comments. I am pleased to hear that. As the gentleman knows, Mark Zandi just a few days ago said that failure to extend the payroll tax and the unemployment insurance benefits ``would deliver a significant blow'' to our fragile economic recovery and could cost our economy 500,000 jobs and raise the unemployment rate by at least three-tenths of a point and lower economic growth by seven-tenths of a point. Now I'm pleased to hear what the majority leader has said, but of course we still have some concern. Representative Paul Broun, one of your Members from Georgia said, This payroll tax holiday is just a gimmick to try to get Obama reelected. This is bad policy. Representative Chaffetz from Utah, one of your colleagues, said, Tax holidays just are bad policy. A year is pretty short. The chairman of your campaign committee, Pete Sessions, was quoted in the L.A. Times. Representative Pete Sessions of Texas, who heads the House Republican campaign committee, called Obama's plan--that is, the extension of the payroll tax--``a horrible idea.'' He said GOP candidates would have no difficulty explaining to voters why they want to let the tax break expire. And then, of course, the chairman of the conference committee, my good friend, for whom I have a great deal of respect, apparently does not agree with what the majority leader just said in wanting to extend this tax cut, because he said, I'm not in favor of that. I don't think that's a good idea.…
Said by
Steny Hoyer
Democratic · Maryland
Source
govinfo.gov
Feb 9, 2012

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