Political Quotes

“this bill represents another partisan Republican failure. It offers no balance either for our energy policy or our federal budget. The only balance involved in this plan is the balance sheets of big oil, dirty coal, and dangerous nuclear industries. They receive substantial boons and largesse from the bounty of this bill. The balance here is the balance of sweet words about conservation and the environment, like those we just heard, with the harsh reality of huge subsidies for these industries at the expense of all the rest of us. Yesterday, we learned that the Treasury is having to borrow more money, incurring more public debt, increasing the amount of red ink in order to fund the already unwieldy tax cut upon which the President has insisted. What solution do the Republicans offer us today? Well, they are going to increase the flow of red ink. Today, they are drilling. They are drilling for red ink. And as we would say in Texas, they have hit a real ``gusher'' of red ink in this bill, because they have over $30 billion of mostly special interest tax breaks to be paid for directly out of the Medicare trust fund. And it is not my word, but a recent Republican memo, as reported in the July 27th BNA Daily Tax Report, that says they are already into the Medicare trust fund, and the Social Security trust fund is next.”