Political Quotes

On the recordMarch 28, 2012
This budget is based on the false belief that if we ask those who have the least in America to take a little less and we ask those who have the most to thicken their cushion just a little bit, that everybody will be a winner and America will grow. No matter how many times that mythology fails--most recently with the Bush-Cheney tax cuts that didn't grow the economy effectively but did grow the deficit to record levels. No matter how many times it fails, they insist on having a little more of it. Our contrasting view on tax policy was demonstrated in the committee consideration of this bill. I suggested that we extend the higher education tax credit that I authored so that a mechanic and a nurse with a young person who's gotten their high school diploma in San Antonio, Texas, can walk over to St. Philip's or San Antonio College and have their tuition, up to $2,500--which will cover tuition and textbooks there--that they get that right off their taxes, a tax cut. They rejected that tax cut because they said it would be better if we gave a tax break to billionaires and those at the top of the economic ladder, and eventually that mechanic and that nurse and that young person would see the benefit. I don't think they do. I think they'd like to be able to choose for themselves with a higher education tax credit opportunity for the future.…
Said by
Lloyd Doggett
Democratic · Texas

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