Political Quotes

Joe Crowley: there are a few key numbers to remember today: 25 million, the number of American families who will be hit by the AMT…

On the recordDecember 12, 2007
there are a few key numbers to remember today: 25 million, the number of American families who will be hit by the AMT this year without any action; $2,000, the minimum increase in income taxes for those 25 million Americans hit by the AMT; $9 trillion, our national debt today; $30,000, the share of the national debt by every man, woman, and child in America due to the reckless fiscal policies of President Bush; $0, the cost of this Democratic tax cut to the American public as Democrats are weaning this country off credit card-onomics; four, the number of votes so far this year on legislation to fix the AMT in 2007; zero, the number of votes Republicans in the House have taken to provide tax relief to those 25 million Americans. The game is up. The American people are watching. Either we are going to stand together today to provide 25 million middle-class Americans a tax cut while not adding to the share of the deficit owned by our children and grandchildren, or we can stick with the failed policy of the past and continue to stall and do nothing. The choice is easy. America can no longer live off credit card-onomics. We need to manage our House like we expect our constituents to manage their homes. Support this bill. It is tax relief without tax recklessness.
Said by
Joe Crowley
Democratic · New York

Editor's note · Context

Discussing the impact of the Alternative Minimum Tax (AMT) and advocating for tax relief.

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