Political Quotes

On the recordOctober 14, 2013
I thank the gentleman for yielding, and I would like to thank my colleagues, Congressmen Jeffries and Horsford, for once again leading the Congressional Black Caucus Special Order hour. Mr. Speaker, here we stand, nearly 72 hours before the United States Treasury reaches the debt limit. We are 72 hours away from compromising our ability to make Social Security, Medicare, Medicaid, and veterans benefits payments. We are 72 hours away from risking default on our international debt obligations; 72 hours away from the potential of stocks plummeting and interest rates soaring, reversing recent gains in the housing, automobile, and banking markets. Our Nation is 72 hours away from the possibility of a severe economic disaster both at home and abroad. Unfortunately, the House majority's inability to move beyond partisan politics has created one economic crisis after another. Our country is still feeling the effects of the economic downturn and subsequent recession that began in 2007. Communities around the country continue to struggle with high unemployment, less access to loans for small businesses, and a fragile housing market. It is irresponsible to do further damage to our economy by even threatening to allow America to default on its bills. We must first do no harm, Mr. Speaker. Yet that is exactly the position we are in because of House Republicans.…
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Marcia Fudge
Democratic · Ohio

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