Political Quotes

On the recordJuly 28, 2011
The Republican majority has once again proven its complete irresponsibility by putting our economy at risk in handling our Nation's finances. A little over a decade ago, there were projected surpluses as far as the eye could see. The Nation had achieved a firm financial footing. That was before the George Bush administration and the Republicans took us on a spending spree, paying out trillions in huge tax cuts, skewed to--guess who?--the top 2 percent, the wealthy, whose investment decision then killed jobs in our country. The last month that George Bush was in office, we lost over 700,000 jobs just in that month. The Bush Administration plunged the Nation during that decade into two wars they refused to pay for. History tells the story. Then came the big economic collapse of 2008 during the Bush Administration that included a loss in Federal revenues, which followed the largest economic downturn since the Great Depression, due to George Bush's capitulation to Wall Street abuse. Now, Republicans claim to care about the Federal deficit? Well, yes, revenues have shrunk by about $400 billion a year because of the financial crisis they created we're trying to dig ourselves out of. Spread out over 10 years, that covers the, roughly, $4 trillion we're trying to eke out of this sick economy to pay down our debt.…
Said by
Marcy Kaptur
Democratic · Ohio

Share

More from Marcy Kaptur

Feb 16, 2025

We find it deeply troubling that the Department ... has sent a strong message that it does not view the oversight and safety of legacy nuclear weapons cleanup sites as a national security priority.

msnbc.com
Feb 25, 2025

The Afghan and Iraq wars declared by Republican Presidents added $8 trillion. If you look at this, two-thirds of what we owe were caused by the Republican side of the aisle. I represent a lot of Republicans, and I will tell you they are…

govinfo.gov
Feb 13, 2025

I thank Congressman Johnson for his comments. I yield to the gentleman from New York, Congressman Tim Kennedy, a phenomenal new Member from Buffalo.

govinfo.gov
May 5, 2025

I stood yesterday with food pantry leaders from across northwest Ohio at the SeaGate Food Bank. We shared deep concerns about rising unemployment, rising food prices, and Federal cuts to food programs by the Trump administration. This is…

govinfo.gov

Other voices in this conversation