Political Quotes

“I, frankly, do not. But reclaiming my time, I especially don't support paying the bills for Baghdad and Kabul that we could be using to reduce our deficit here at home. Third, we're going to spend at least $60 billion over the next 10 years to give tax breaks to oil companies that made record profits--$44 billion last year alone--as our constituents are paying over $4 a gallon at the pump. I support repealing those giveaways to the oil industry and putting that money toward the deficit. I don't see the gentleman anymore, I'm not sure how he stands on it, but we support that. Four, I support the idea that people who make more than $1 million a year might be asked to contribute just a little more in taxes to help reduce this deficit. Now I know the other side is going to say, well, this will hurt the job creators in America. There is an echo in this Chamber. In 1993, President Clinton proposed a modest increase on the highest earning Americans to help reduce the deficit. The former Speaker at the time, or Mr. Gingrich--he wasn't the Speaker at the time, he became the Speaker--said this would cause the worst recession in American history. He was wrong. The gentleman who became the majority leader, Mr. Armey, said that this was a recipe for economic collapse. He was wrong. When we followed the supply-side trickle down the last 8 years under George W. Bush, the economy created 1 million net new jobs.…”