Political Quotes

“Mr. Speaker, I yield myself such time as I may consume. We can go back and forth all day about he said, she said, who has lowered taxes more, who has cut the deficit, who has done what, but let's just recall when the Republicans were in office. They cut taxes for the wealthiest people in this country, which contributed considerably to the deficit. And while the Republicans did not vote for the American Recovery and Reinvestment Act, one-third of that and more is our tax cuts for the middle class. So if one of my colleagues was on the floor saying that this was the largest tax cut ever enacted, it may or may not have been, but I think it was the largest tax cut for the middle class and the group of working people in our country who need it more than anybody. I just want to read a quote here from Bruce Bartlett, the domestic policy adviser under President Reagan and Treasury Department economist under President George H.W. Bush. He said on 3/19/2010: ``Federal taxes are considerably lower by every measure since Obama became President.'' According to the JCT, last year's $787 billion stimulus bill, enacted with no Republican support, reduced Federal taxes by almost $100 billion in 2009 and another $222 billion this year. Let's just talk a little bit about what's in there because people love to talk about these abstract notions of did you or didn't you lower taxes. Well, here's what's in the American Recovery and Reinvestment Act, one-third of which was tax cuts.…”