Political Quotes

“I thank the distinguished gentleman from Maryland. Mr. Chair, I rise in opposition to this bill. Dynamic scoring, as contemplated in this legislation, is nothing more than a wolf in sheep's clothing. It is a desperate attempt to revive a failed theory of trickle-down economics that has been widely discredited by academics but, more importantly, has been discredited in practice. Let's just look at a side-by-side comparison: Eight years under Bill Clinton, he raises the top tax rate to 39.6 percent, and 20.3 million jobs were created. George Bush comes into office. He lowers the top tax rate from 39.6 percent to 35 percent, and what happens? Did the economy grow? Did the rich invest more in the economy? Does the economy take off? No. We lose 650,000 jobs. A side-by-side comparison. Dynamic scoring is just designed to revive a theory that has hurt the American people when put into practice by a Republican Congress and George Bush. We should be investing in job training, investing in education, investing in transportation and infrastructure, investing in research and development, and investing in technology and innovation. Instead of trying to promote progress for the greatest number of Americans possible, this budget, this bill, this Republican majority is simply trying to protect prosperity for the few. And that is why we should reject this bill. The CHAIR. The time of the gentleman has expired.”