Political Quotes

“Mr. Speaker, I yield myself the remaining 1\1/2\ minutes. The American people know that after the Nation's first, second, third, and now fourth trillion-dollar deficit--the American people know after the worst employment record in 30 years--that the problem is with the President's economic policies. Ultimately, the debate comes down to this: Do we have a debt crisis because Washington spends too much or because the American people are undertaxed? My colleagues on the other side of the aisle say a nation can tax its way into economic growth, that it can tax its way into economic prosperity. They want to impose taxes on 40 percent of the income on small businesses, and they somehow think they will create more jobs. Mr. Speaker, if you gave them every job-harming tax increase that they have asked for, it would be roughly 16 percent of the additional $11 trillion of debt that the President wants to put on this economy, our children and our grandchildren. The American people know we can do better. It is time to quit spending money we don't have for jobs the stimulus program never creates. {time} 1130 I'm proud to be a part of this reconciliation package which will save the draconian cuts that are aimed at our warfighters and their families and be able to begin the process of ensuring that a great Nation lives within its means and that we can give the next generation greater hope, greater opportunity, greater economic growth.…”