Political Quotes

Paul Tonko: Very well said, Representative Edwards, and I just want to attach my comments to yours about the impact of Medicare, an…

On the recordJuly 12, 2011
Very well said, Representative Edwards, and I just want to attach my comments to yours about the impact of Medicare, an investment that has produced a lucrative dividend. We have kept the dignity factor alive for seniors, we have kept our seniors well, we have enabled them to recover, we have enabled to them to live because of an attachment to our health care plan. On the other side, we have allowed for spending for a tax cut for millionaires and billionaires, spending on a tax cut for millionaires and billionaires time and time again, knowing that the result is no real lucrative dividend, negligible. We look at not only the spending that people acknowledge was okay for something not returning a dividend, we lost 8.2 million jobs in the Bush recession, but then we borrowed all the money to spend, needed to spend, for that tax cut. What a contrast. And the Democrats in this House have said, no, let's do programs that have a return. Let's invest in our senior community and let's not spend on these tax cuts that have no dividend, no lucrative dividend. And if we didn't have the money to spend for tax cuts for millionaires and billionaires, why then did we go and borrow from China and Saudi Arabia? So it makes very little sense to follow that road to ruin which the Republican plan, once the Ryan plan, now speaks to. We have been joined by Representative Jackson Lee from the State of Texas.…
Said by
Paul Tonko
Democratic · New York
Source
govinfo.gov
Jul 12, 2011

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