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Richard Neal: “This is a vote about paying for the tax cuts in 2001 and…”

Featuring: Richard Neal, Democratic | U.S. House Massachusetts, 1st Congressional District

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Congressman Richard E. Neal Speaks Out on Raising the Debt Ceiling

Published | Video Starts at 00:41

This is about paying for the war in Iraq, which I was opposed to, but I believe we still have an obligation to pay for, including the 1 million new veterans that were created that are currently straining our VA system. In addition, This is a vote about paying for the tax cuts in 2001 and 2003 that continued right through 2010 based upon the mistaken notion theology that was applied suggesting that in fact tax cuts pay for themselves. This is about a turnaround of a projected surplus of $5 trillion that instead became ongoing deficits in debt noted for the ill conceived policies that many of our friends … (00:41–01:00)

CLAIM

Asserts that tax cuts from 2001 and 2003 continued through 2010 and were based on the idea that tax cuts pay for themselves.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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