Political Quotes

“today I rise to speak about our country's need for tax reform. As our previous speakers have indicated, this is a critical time in our country, and we have an opportunity to make some good decisions that will impact our Nation for literally generations to come. Reforming our Tax Code is a top priority not only for myself but for many of my colleagues and the President. We are committed to delivering tax reform that will provide more jobs, bigger paychecks, and a fairer tax system for the American people. Over the 8 years of the previous administration, economic growth averaged a paltry 1.5 percent annually, which is about half of the post-World War II average. This anemic growth has led to stagnant wages and, according to the Joint Economic Committee, has cost families an average of $8,600 in income on an annual basis. It is no wonder that half of the American public says they are living paycheck to paycheck. This is simply not acceptable. Even more concerning, the Congressional Budget Office is projecting economic growth to remain under 2 percent over the next 10 years if we do not act. If that happens, let me just share with you the real concern. If we allow economic growth to stay under 2 percent, then we will literally bring in revenue based upon the size of our economy. If we allow economic growth to move at a paltry 2 percent or less, then we won't have the revenue to pay our bills. Today, right now, we are looking at trillion-dollar deficits.…”