Political Quotes

“Congressman, the fact is simple. We could tax those over $100,000 a year 100 percent and we still simply could not close the deficit for this year. The fact of the matter is people talk about this government getting smaller, and the President's original budget spent $47 trillion in the next 10 years--an $8.7 trillion increase in spending. We're talking about a $2 trillion increase in spending in the next 12 months in taxes. We're not talking about reducing the size and scope of this government. We must get ourselves on a completely different trajectory. We must bend the trajectory back towards the American people, back towards the private sector, and eliminate the disincentive for growth in our economy called taxation. So to the extent that we can flatten the tax, spread the risk, we find ourselves in a more prosperous society with a stronger economy led by those folks in the private sector. Entrepreneurs have an opportunity to take those dollars and reinvest them in such a way to create more jobs. It is a simple formula. Mr. Speaker, I yield 5 minutes to the gentleman from South Carolina (Mr. Mulvaney).”