Political Quotes

“This is a simple, yet important, amendment that will in fact deliver the actual transparency the proponents of this bill claim to be providing. My amendment will ensure the dynamic scoring called for in this legislation and will capture the broader economic effects of Federal spending as well as Federal tax cuts. The way this bill is written, to exclude appropriations bills highlights the political intent of the authors of this bill to only take into account the effective tax cuts. Both spending Federal tax dollars and sending them back have economic consequences; we all know that. And looking at just one side of the ledger is nothing more than political gamesmanship. Of course, my Republican friends have cleverly baked into the base a permanent extension of the Bush tax cuts which CBO already has said will create a drag on the economy in the long term. But I guess we don't want to let the facts or sound economic policy get in our way. That's why my amendment would include the appropriations, will fix that disparity, and provide us a clearer picture of the economic effects of all of our actions. As my Republican friends seem to have forgotten, the Federal Government has had a long history of partnering with the private sector, and our Nation's universities in support of basic research are a great illustration. These investments spur American innovation and provide measurable, tangible economic benefits.…”