Political Quotes

“Mr. President, this is what I find astonishing. We have been talking about this for a number of months. Frankly, for years we have been talking about tax reform. Actually, since 1986 we have been talking about tax reform. Our plan removes millions of low-income Americans from having to pay taxes. I think it is interesting that our friends' argument on the left is sincere but wrong. It misses the fact that if you are living in a single-parent household, with a mother or a father who is working paycheck to paycheck, getting another $100 a month is real money. Why are we not talking about the actual benefits to the specific people who benefit from this tax reform? When Senator Toomey talks about the typical American family seeing its taxes slashed by 60 percent, why is that specific savings of $2,200 not a meaningful--perhaps, transformative--savings that allows someone now to save for college or to save for retirement? To me, this is where the rubber meets the road. Yes, here on the other side of the Potomac, it is OK to talk in platitudes. I prefer to talk to individuals about the impact of our actions in their households and the impact of our actions in their accounts. It is a very simple way of doing the math. You don't have to pull out a calculator for a 75-percent savings for the average single parent who makes $41,000. The reason that we use $41,000 is that that is the average income of a single head of household.…”