Political Quotes

On the recordMarch 20, 2013
I would like to reemphasize the point the Senator from Michigan has made and Senator Murray has made, which is that we have been down this road before. We can't simply cut taxes for the wealthiest Americans to magically create jobs. What it produced in reality was a huge deficit, along with two unfunded wars. But that seems to be the message again from the other side--let's just cut taxes and then, of course, cut spending too. That is not the balanced approach we need in the Nation. That is not the balanced approach that in the 1990s, as my colleague pointed out, got us to a surplus, got us to a sense that we were really moving forward and that the middle class had a chance, that their children would have a better life. And that is what we have to do again. When I look at my State of Rhode Island, I can cite a myriad of examples of the harm that would be caused by the Republican budget. The budget they are proposing, which leaves the sequester in place would result in about a $4.5 million cut in Federal support for our public schools. I can tell you that every city and town in Rhode Island is struggling just to keep the lights on. If they lose $4.5 million of Federal aid, that is going to make it even harder. And do you know what happens? Well, guess what happens to property taxes. They go up.…
Said by
Jack Reed
Democratic · Rhode Island
Source
govinfo.gov
Mar 20, 2013

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