Political Quotes

“The economy received an early holiday gift this past week when Black Friday and Cyber Monday shopping figures outperformed expectations. However, we still face significant challenges. Unemployment remains too high and global markets are showing signs of instability, both of which are the lingering effects of the Great Recession. Casting a grim shadow over all of our actions is the fact that some Members of this body still persist in ignoring the public and letting ideology stand in the way of striking a reasonable balance to tame our national debt and grow the economy. Of note is the recent report released by the nonpartisan Congressional Budget Office, showing that the Recovery Act we passed 2 years ago has been a significant success in an otherwise gloomy economic picture. According to the CBO, the Recovery Act increased GDP growth by up to 1.9 percent in the third quarter of this year, a quarter in which we had 2 percent growth. That's an extraordinary impact. Thanks to the Recovery Act, 2.4 million people, according to the CBO, now have a job and the overall unemployment rate is 1.3 percent lower than it otherwise would have been if we'd done nothing, as my friends on the other side of the aisle wanted us to do. According to CBO's in-depth analysis, the Recovery Act will continue to have a significant impact on the economy.…”