Political Quotes

“Mr. Speaker, the nonpartisan Committee for a Responsible Federal Budget has said that, over two decades, this very bill will add over $2 trillion to the national debt. For anyone who hides behind poor kids to justify that $2 trillion in debt, understand that there is no poor child in America who will get a dime out of this bill next year. Their tax credits do not expire now. We have more than another year to resolve that matter. No, this isn't about poor children. It is about big gifts. Indeed, in the holiday spirit, the biggest bow of all has been put on a special gift for Wall Street. The world's largest financial institutions, you know, the ones that brought America to its economic knees with the debacle over finances and then came forward and got a majority of this Congress--not me--to vote for a taxpayer bailout, well, they are back here again, and they are getting a reward. They are getting a tax subsidy that is made permanent. It just happens to be a tax subsidy that was removed from our Tax Code originally in a bill that Ronald Reagan signed into law. When it got put back in on a temporary basis, Bill Clinton sought to veto the provision because it was so unjustified. Christmas, of course, is not cheap. This bill, this gift to Wall Street, costs $78 billion--not paid for--borrowed from the Saudis and from the Chinese to give Wall Street $78 billion, with a ``B.'' How much money is that? Well, about the same amount is included in the bill this will be a part of.…”