Political Quotes

“here we are, another week, another tax debate. Another occasion in the House of Representatives where the GOP majority has offered nothing, nothing substantive about the looming deficit crisis that is racking up historic levels of debt in this country. I do not suppose it is a mystery they do not want to talk about it because when they bring their budget, whenever they can get it out of conference, it will include, we are told, an increase in the borrowing limit for our country. It will take the borrowing limit to the highest levels in the history of the United States. Some are saying it will take the borrowing limit over $10 trillion. That is $10 trillion of debt to be incurred under their fiscal plan for this Nation. Debt we will leave to our children and debt we can not responsibly pass on. So as we take a look at something imperative like doing something to respond to the AMT, let us, for goodness sake, put in place a provision to pay for it so we do not even drive this monstrous debt they have given us even deeper. That is what the substitute is about. It talks about clamping down on high-flying tax cheats, some of the worst avoidance schemes, some of the most shallow, unjustifiable schemes created simply to cheat the Federal Government by the high flyers that can afford the hundreds of thousands of dollars of legal and accounting bills to dream up these schemes.”