Political Quotes

“The Congressional Black Caucus budget reacts to this chart which shows the recovery over past recessions. This recession has been deeper and longer than any others. We still haven't gotten the jobs back. At the rate we're going, we're not going to get the jobs we lost in the 2008 recession for another 2 years. That's why it's important that the Congressional Black Caucus has a budget that has $500 billion in jobs. That will create about 5 million jobs as soon as we can get the money out the door, 5 million jobs, which will significantly reduce the impact of that recession. That's in stark contrast to the Republican budget, which maintains the sequester. The suggestion there is that 700,000 to 2 million jobs would be lost. So we have a choice: 5 million jobs or lose jobs. We have a choice in terms of investments in education, transportation, scientific research, investments in our future, or cuts in those investments. We have a credible path to achieve the Simpson-Bowles 10-year goal rather than a budget that depends on $5.7 trillion in unspecified tax increases to offset their $5.7 trillion tax cut that they say is revenue neutral. Also, it is a budget that requires massive cuts in Medicare, Medicaid, and other health care programs, pensions, and everything else that will adversely affect those most in need. The one-third cut, 25 to 30 percent cut in Medicaid, we have to remember that two-thirds of the Medicaid expense goes to the elderly and disabled.…”