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“ Democratic priorities are clear: we will fight to get the economy back on track, we will create jobs, and we will help unemployed workers. ” |
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Pelosi: 'Tax Cut Will Not Grow the Economy, Only the Deficit'
Washington, D.C. -- House Democratic Leader Nancy Pelosi released the following statement on the Republican tax bill passed by the Congress this morning:
"This tax cut is a tragedy. It does not create jobs and it does not grow the economy--the only thing it grows is the deficit.
"This tax cut is the unraveling of fiscal responsibility. By promoting his unnecessary, unfair, and fiscally unsound tax cut, President Bush created a tax cutting frenzy among Congressional Republicans. The result is a bill to put our children $1 trillion in debt.
"President Bush and Republicans in Congress never miss an opportunity to miss an opportunity to do what is right for average Americans. Instead of investing in our children, we are indebting them. We are mortgaging their futures for a tax break that benefits those who need it least, at the expense of investing further in the education of our children."
“ Democrats are united in presenting a New Direction for America, one that will make our nation as strong as its people, one that brings opportunity, security, and prosperity to all Americans. ”
Democratic Leader Nancy Pelosi
