Political Quotes

“Under the Bush tax plan, a millionaire in this country got a $93,000 tax cut, for someone on the average making $1 million in this country. Alan Greenspan, the President's guy on the Federal Reserve, yesterday said in order to pay for our budget deficits, we are going to have to cut Social Security and cut Medicare. Of course that is what he thinks, an investment banker, a Wall Street banker, someone who has enjoyed, and whose friends have enjoyed, these huge tax cuts and wants to continue enjoying these huge tax cuts, who does not much rely himself on Medicare or Social Security now or in the future. But, again, the fact a millionaire gets a $93,000 tax cut and because so many millionaires have gotten such huge tax cuts under the Bush plan over the last 3 years, Alan Greenspan is right, I suppose, if that is the way you think of this, that in order to pay for those millionaires' tax cuts, we are going to have to cut Social Security and Medicare. This Congress and this President have made a series of choices. They have chosen to give tax cuts to people in our society who need them the least, people making $1 million, $10 million, $20 million, $50 million, $100 million, people who are billionaires.”