A Quote by Charles B. Rangel

The President is destroying the fabric of America with a combined policy of war, tax cuts for the wealthy, and reductions in spending for domestic needs.

Charles B. Rangel

Quote Topics

America Combined Cuts Destroying Domestic Fabric Needs Policy President Spending Tax Tax Cuts War Wealthy

Quote Author

Charles B. Rangel
American - Politician
Born: June 11, 1930

The dirty little secret is that both houses of Congress are irrelevant. ... America's domestic policy is now being run by Alan Greenspan and the Federal Reserve, and America's foreign policy is now being run by the International Monetary Fund [IMF]. ...when the president decides to go to war, he no longer needs a declaration of war from Congress.

Robert Reich

Much fiscal policy is implemented, not through spending increases, but through tax credits and other so-called tax expenditures. The markets should respond to them as they do spending cuts, with little contraction in economic activity.

Alan Greenspan

You want to do tax reductions, you want to do permanent tax reduction, reductions in spending. You've got to go out and explain it to the people, get them on your side and have them become the levers that you need in congressional relations.

Rudy Giuliani

Look, I'm very much in favor of tax cuts, but not with borrowed money. And the problem that we've gotten into in recent years is spending programs with borrowed money, tax cuts with borrowed money, and at the end of the day that proves disastrous. And my view is I don't think we can play subtle policy here.

Alan Greenspan

I do not intend to dispute in any way the need for defence cuts and the need for government spending cuts in general. I do not share a not in my backyard approach to government spending reductions.

Stephen Harper

Over the past 100 years, there have been three major periods of tax-rate cuts in the U.S.: the Harding-Coolidge cuts of the mid-1920s; the Kennedy cuts of the mid-1960s; and the Reagan cuts of the early 1980s. Each of these periods of tax cuts was remarkably successful as measured by virtually any public policy metric.

Arthur Laffer

You can't be evangelical and associate yourself with Jesus and what he says about the poor and just have no other domestic concerns than tax cuts for wealthy people.

Jim Wallis

Should we freeze or postpone prospective tax cuts and avoid any new tax cuts until we are sure we have the money to pay for the war on terrorism and the war in Iraq.

Timothy J. Russert

So when the only domestic social policy is tax cuts that mostly benefit the wealthiest Americans, we say, 'Where is faith being put into action here?'

Jim Wallis

You've got to either say you're going to cut taxes and find some spending cuts. I think we ought to reform long-term entitlement spending in the country, but you can't out of one side of your mouth say, 'Yes, we're for tax cuts, we're for spending discipline, and we're for bringing down the debt.'

Harold Ford, Jr.

In Indiana, which has been hard hit by manufacturing losses, job declines, and shrinking wages, Governor Pence combined tax cuts with spending restraint to spur the Hoosier economy.

Lawrence Kudlow

When I see the sort of mindless tax cuts for the wealthy, cuts to education, I just think we've got it exactly backward in this country.

Bill Foster

Even if Bush could be forgiven for taking America, and much of the rest of the world, to war on false pretenses, and for misrepresenting the cost of the venture, there is no excuse for how he chose to finance it. His was the first war in history paid for entirely on credit. As America went into battle, with deficits already soaring from his 2001 tax cut, Bush decided to plunge ahead with yet another round of tax "relief" for the wealthy.

Joseph Stiglitz

Now, the president would like to do tax reform, which would obviously lower rates for most people in America and make the tax code fair and get rid of loopholes and special treatment. But absent tax reform, the president believes the right way to get our fiscal house in order is ask the wealthy to pay their fair share.

David Plouffe

Whenever people in Washington complain about spending cuts, they mean spending cuts that would affect defense contractors. They want to massively increase spending cuts everywhere else in the budget.