Political Quotes

“I want to thank Chairman Neal for his leadership on this issue and for his dedication to tax relief for middle-income Americans. Why are we again talking about the AMT? We are here because Republicans have made it clear that they prefer political expediency over fiscal responsibility. They have decided that it is fine to pile debt onto the shoulders of future generations. They say so what if we add $50 billion next year to our national debt? So what if we add $1 trillion to our national debt over 10 years? My Republican colleagues have said there is no need to pay for AMT relief because this tax was never intended to hit these people. Did they forget that in 2001 the Republican Congress knew that the first round of Bush tax cuts for the wealthy would be paid partly by pushing 24 million middle-income American taxpayers into the AMT in 2007? Did they forget that for the past 6 years their budgets anticipated tax revenues from these middle-income taxpayers to mask their failed fiscal policies of the last 6 years? No, they didn't forget. They just didn't want to act responsibly. We will not act so recklessly. We will provide tax relief and we will pay for it.”