Political Quotes

“it was only a few months ago that Republicans were telling us we would not need to touch this debt ceiling until 2008, and frigned concern that we would probably pay down so much debt that we would hurt the economy. Well, we know that in the meantime much has happened, but one of these developments is the impact of one tax break after another for their wealthy Republican friends and another is that corporate tax abuse has been totally ignored to the extent that some corporations in this country actually have the arrogance, at a time of national security need, to renounce their citizenship, move their mailbox to Bermuda or some other foreign island, and evade their United States taxes at the same time our deficits continue to mount. It is not just a spending issue, though there have been plenty of spending bills in this House that I have voted against. A loss of tax revenues also contributes to the deficit and a total disinterest and disregard for this aspect of the problem by the Republican leadership. I do not believe there is a carpet big enough to sweep underneath all the mess that Republicans have made of our budget. After a few years of paying down the deficit, when Americans enjoyed the benefits of lower interest rates to purchase homes and cars, we now face a return to years of one deficit after another.”