Political Quotes

On the recordMarch 11, 2011
I thank the gentleman for his comments, and I would observe to him that with respect to H.R. 1, numerous economists have indicated, including Mark Zandi, who was, of course, one of the principal advisers to John McCain when he ran for President, Chairman Bernanke, chairman of the Federal Reserve, Goldman Sachs, Moody's, and others, that the just rejected H.R. 1, if adopted, would lead to the loss of hundreds of thousands of jobs, in one analyst's point of view, over 800,000 jobs. In fact, of course, three Republicans voted against H.R. 1 in the Senate, and one of those who voted for H.R. 1 in the Senate said this, Mr. Speaker: Let me be clear that I strongly oppose some of the proposed cuts in the House-passed bill--that was H.R. 1--particularly the drastic cuts that would disproportionately affect low-income families and seniors. Making such deep and immediate cuts to critical low-income heating assistance, weatherization, and Head Start programs in the middle of the fiscal year would cause serious problems for those who rely on these programs. That was Senator Collins, a Republican from Maine, when the bill was on the floor. So let me ask the gentleman, do we have a plan to proceed so that we can, A, retreat from the uncertainty that we keep creating by these 2 weeks?…
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Steny Hoyer
Democratic · Maryland

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