Political Quotes

“I appreciate the passion of my good friend from Texas, and many of the points he is making need to be heard and understood. Even if it is uncomfortable, the truth has to be told. Mr. Speaker, I rise today to talk about legislation I am promoting to return the United States to the gold standard. As was discussed earlier, our Nation is facing an inflation crisis not seen in over 40 years. Inflation is a regressive tax hurting lower-income Americans more than anyone else. West Virginians have seen the value of their savings erode before their very eyes as a result of the reckless tax-and- spending spree of President Joe Biden and the Washington Democrats and an overzealous Federal Reserve. Thanks to Democrats, your 401(k) is now more like a 301(k), and it will go even lower if they stay in power. Today, our national debt is over $32 trillion, which is borrowed, not only from Americans, but also from foreign adversaries. We know who is responsible for the current debt crisis, but the question has to be asked: What in our country's history allowed us to get to this point? The answer can actually be traced back to 1971, when President Richard Nixon took the United States off the gold standard. Rather than tackle the root causes of economic challenges, Nixon severed the dollar's convertibility to gold once and for all. President Nixon said at the time that that would actually combat inflation.…”