Political Quotes

“the deficit reduction package that passed last year had a number of important elements in it. Those elements have borne fruit. We talked, when the package passed, about creating new jobs. That has been accomplished. Last year we created 1.6 million jobs. That is more jobs than were created in the total of the previous 4 years. In addition to that, it has been forecast that there will be 2 million new jobs created this year. That is important. It can be attributed to the deficit reduction package that passed last year. In addition to that, we were told that the top 1 percent of American taxpayers would pay more taxes; that the 99 percent of other taxpayers would pay less taxes or no more taxes. That is the fact. So when people go to pay their taxes on April 15th, there will be approximately 1 percent of the American public, that are the wealthiest people in America, who will pay more taxes; 99 percent of the people in America will find out on April 15th that they will pay less taxes or no more taxes. In addition to that, the deficit reduction package indicated that we would do something significant relating to the accumulation of debt. That has been accomplished. It was forecast last year that we would have a debt, a yearly deficit, of over $300 billion. The prognosticators were 40 percent wrong. Conservative estimates are that we will be under the figure by more than $120 billion.”