Political Quotes

“With great respect to my dear friend, the gentlewoman from San Francisco and minority leader, I'm delighted that she came down to engage us on this very important issue. The gentlewoman does recognize and know that the House on August 1, in fact, did exactly what she is suggesting today, and that is to take action on what the future tax rates would be in this country. And on a bipartisan basis, 256-171, this House of Representatives said let's understand that now is a bad time to raise taxes on the American people; and let's extend for a period of time all of what are known as the tax cuts which allow America to keep working. We passed it 256-171. Mr. Speaker, I'll insert into the Record a chart that exists on the House Budget Committee that shows the choice of the futures. And one future that was presented, this slide that I've got that's on the House Budget Committee is essentially about the current pathway as the President would choose as outlined in his budget that the gentlewoman, Ms. Pelosi, spoke of that got no votes in the United States Senate. Not one vote. No votes here, the plan that the President has presented which would substantially not just raise taxes, but substantially raise spending. If you isolate the President's ideas of simply raising taxes on whatever he calls the top 2 percent, those who have a household income of $250,000 and above, what you essentially do, Mr. Speaker, is very quickly lose 700,000 American jobs.…”