Political Quotes

On the recordMay 5, 2004
I find my friend from Pennsylvania's commentary somewhat ironic because all independent observers agree that after three rounds of massive tax cuts, we are getting very little benefit for the magnitude of the costs involved. On our side of the aisle, we have had a variety of areas that would have put far more people to work producing far more economic benefit for this country at far less cost. It is also ironic that somehow, the blame; after 10 years of Republicans in control, that somehow, this inequity is the problem of the Democrats. In fact, under the watch of my Republican colleagues, we have seen the 'millionaires' tax' that was enacted in 1969 to stop sheltering all income, now punishes people who pay their taxes, claim a child care credit, and save for their future. In the midst of the largest tax-cutting frenzy in our country's history, the Republican majority has used the $600 billion that is going to be extracted from people who do not deserve to pay this over the next 10 years, to disguise the impact of their misguided policies. Now, I would suggest that it is inappropriate to continue limping along as my Republican colleagues would do today with the enactment of their proposal.
Said by
Earl Blumenauer
Democratic · Oregon

Editor's note · Context

Addressing the impact of tax cuts and economic policy during a floor speech.

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