Political Quotes

“I have risen many times over the past 3 years to talk about the bad policy choices of the Obama administration and the harmful effects of these policies on our economy and on the American people. In many ways, the President's decisions have made things worse in our country. The bill before us today would impose what is being called the Buffett tax. It is just one more example of a policy that will hurt our economy, not help it. This tax will take money from the pockets of small businesses that they would use to create jobs. More than one- third of all business income reported on individual returns would be hit by this tax increase. Back in September President Obama said this tax hike on American families would raise enough money not only to pay for his increased spending but it would ``stabilize our debt and deficits for the next decade.'' Back then he said: ``This is not politics; this is math.'' Of course, we now know the Buffett tax is only about one thing: politics. The increased tax revenue would amount to about $5 billion this year, which is about the same amount of money Washington will borrow over the next day and a half. The President would have to collect his so-called Buffett tax for more than 200 years just to cover the Obama deficit from last year alone. That is not just my math; that is the math from the Joint Committee on Taxation.…”