Political Quotes

“``Moment of Truth'' is the very appropriately entitled report of the President's bipartisan deficit commission, since it took barely a moment for him to cut a deal with Senate Republicans that spikes our national debt upwards almost a trillion dollars in new borrowing from the Chinese and others. This deal borrows from our future to throw tax money at problems with the efficiency of most of its provisions that you would get if people stood and shoveled out cash at the front door of the Capitol. {time} 2030 Billionaire estate bonuses, or 1 percent of the people getting a giant tax cut--that doesn't provide meaningful job growth. There is a very good reason we pay Social Security taxes: in order to share in the old-age survivor and disability insurance that is Social Security. This proposed Republican payroll tax holiday is not a day at the beach. It endangers the very fabric of Social Security. That is why the National Committee to Preserve Social Security and Medicare has rightfully called this bad deal ``a disaster'' for Social Security. In a very few months, these same Republican privatizers of Social Security will claim, just as they are tonight about the Bush tax proposal, that we are raising taxes on workers when we seek to end this alleged ``temporary'' payroll tax cut.…”