Political Quotes

“Mr. Speaker, I rise in strong support of the tax cut compromise. Although our economy is in recovery, it remains fragile. If we don't pass an extension of the tax cuts now, every American will see smaller paychecks and higher taxes in January. This compromise provides needed assistance to every American: an extension of the unemployment insurance that the CBO says will add 600,000 jobs; an extension of Earned Income Tax Credits and Child Tax Credits for lower income families; an AMT patch for middle income families; a 2 percent cut in the payroll tax that provides up to $2,000 in tax relief for workers; a 2-year extension of the income tax rates for all Americans; and business tax cuts that will spur up to $50 billion in private sector investment in the economy, which is desperately needed. According to economist Mark Zandi, this compromise will add a full percentage point to the gross domestic product next year. Although we are in recovery, it is not a robust recovery. We need all of the stimulus we can get. This isn't a perfect bill, but I support the bipartisan compromise.”