Political Quotes

“Senator Evan Bayh said: And so raising taxes right now would be the wrong thing to do because it would dampen consumer demand and lessen business investment. `` `We're not creating jobs, and raising taxes now would not be a great idea,' Rep. Michael McMahon, a New York Democrat, said this week.'' This is a quote from the Wall Street Journal on July 21: Martin Vaughan and John McKinnon: ``Bush Tax Cuts Split Democrats.'' ``Rep. Bobby Bright, a Democrat facing a tough reelection race in Alabama, said tax increases, even if limited to the wealthiest families, could imperil the recovery.'' This is a quote from The Hill newspaper on July 22: Alexander Bolton: ``Democrats may stop Bush-era tax cuts for wealthy from expiring.'' `` `I think the recovery is sufficiently fragile that we ought to leave tax rates where they are,' said Rep. Gerry Connolly, a freshman Democrat from Virginia. Connolly said Democrats should not allow the 2001 Bush tax cuts to expire for anybody.'' Again, a quote from The Hill newspaper on July 22: Alexander Bolton: ``Democrats may stop Bush-era tax cuts for wealthy from expiring.'' The leader of the Federal Reserve, Dr. Ben Bernanke, said: ``In the short term I would believe that we ought to maintain a reasonable degree of fiscal support, stimulus for the economy . . . There are many ways to do that. This is one way.'' I do not blame the distinguished chairman of the committee because we have not marked up these bills.…”