Political Quotes

“I thank the gentleman for yielding. Mr. Chairman, I rise today to oppose the radical Republican budget, which will increase unemployment and savage Medicare and Medicaid and other programs that families depend on, mostly to finance tax cuts for the rich and partly to fix the deficit crisis that we have already tamed. In 2009, the deficit was 10.1 percent of GDP. Next year, it will be down to 5.3 percent. This is the largest and fastest reduction in deficits since the demobilization after World War II. To add insult to injury, the Republican budget would make sweeping, regressive changes to the Tax Code, which would raise taxes on middle class families by up to $3,000. Millionaires, however, would actually see a tax cut averaging $245,000 a year. This is just wrong. Working families should never have to pay more just so the rich can pay less. We no longer, if we ever did, have a deficit crisis. With 12 million people searching for employment and with almost 5 million Americans without jobs for more than 6 months, we do have a jobs crisis. According to the Economic Policy Institute, the net effect of the Republican budget would be to decrease the gross domestic product by 1.7 percent, resulting in 2 million additional jobs lost in 2014 alone.…”