Political Quotes

“Mr. President, I always enjoy listening to my colleague from New York. He is one of the brightest people in this body, he is one of the toughest, and he has been a very dear friend all these years. I might mention that the Schumer-Hatch bill is now law, a bipartisan bill we did put through. That was a good step in the right direction as far as gaining jobs. I would also like to point out that 56 percent of all capital gains that create jobs are paid for by people who earn over $500,000 a year. I also would care to point out that I absolutely guarantee to everybody watching us today what would happen if there were these tax increases. I think the distinguished Senator knows his suggestion polls very well. Is that the reason we should do it? No. But I guarantee, and I do not think anybody could doubt this guarantee, that if his approach wins, the Democrats will take every dime of that and spend it. In fact, the President's budget spends more toward the end than it does now--I mean a lot more. That is one of the problems. We know a good 50 percent of small businesses would be affected. They are the ones who create jobs--25 percent of the employees and about 50 percent of small businesses would be affected if we do what the Democrats would like to do. Be that as it may, those are some of the differences.…”