Political Quotes

“What this amendment basically says is it does away with the revenue that the committee has put into the bill. It says the only way to do deficit reduction is to cut, cut, cut--cut Social Security, veterans programs, Medicare, Medicaid. One out of four corporations does not pay a nickel in taxes today. No problem. We are losing $100 billion with companies putting their money in the Cayman Island's tax havens. No problem. The only way to go forward is to cut, cut, cut. The American people do not support that concept. This amendment should be defeated. Mr. President, I raise a point of order that the pending amendment is not germane to the underlying resolution and therefore violates section 305(b)(2) of the Congressional Budget Act of 1974. The PRESIDING OFFICER. The Senator from North Carolina.”