American - Politician | May 2, 1947 -
One of the things I give Nancy Pelosi a lot of credit for is that she's able to get things passed and hold her members together because she shows us that she's doing everything possible to get our views into these bills.
Peter Welch
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We urge the Department of Justice to carefully investigate and aggressively prosecute all senior bank officials who participated in manipulating the London interbank offered rate throughout the financial crisis.
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To the extent that people overpay as a result of the Libor manipulation, they should be able to get their money back. Individuals who have mortgages, pension funds who had pensioner investments - whoever was ripped off is entitled to get their money back.
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The Citizen's Petition reflects Vermont's spirit of pragmatism and across-the-board cooperation. I applaud the 'Campaign to Fix the Debt' for calling attention to one of the country's most pressing problems, our ballooning national debt, and for urging policymakers to find practical solutions.
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The rhetoric on the Hill is getting very heated and it's getting quite dangerous. The gun is at the head of the American economy and Congress is holding it and its got a hair trigger. We've got to pay our bills.
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Last night, I had a telephone townhall for my constituents back in Vermont, and we had 11,500 people on it. And I had people on Social Security saying if getting fewer benefits will help us on the debt, they're for it. And I had a farmer saying that he's had subsidies for 35 years but we can't afford them anymore.
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I favor the extension of the middle-class tax cuts because in a recession they're stimulative and they help with demand.
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There's a tendency in politics to attribute bad motivation much too quickly, and the sooner you attribute bad motivation to someone you disagree with, the harder it is to find some common ground to make some progress that would give people confidence that you got it more right than wrong.
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If I tried to shout over my older brother, my mother told me keep quiet. If I tried to shout over my little sister, my father told me to shut up. I found the best way to be heard was to lower my voice and actually speak when I had something to say.
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There's no conscious plan here; my whole life in politics as a state legislator and in Congress has been about strengthening the middle class.
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America pays its bills. It always has. It always will. The fact that Washington is now debating whether to honor its debts and obligations, then, should come as a surprise. But playing political football with a necessary vote to raise the nation's debt ceiling has become as predictable as a Twitter rant from Charlie Sheen.
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Historically, the minority party in Congress votes against raising the debt limit, forcing the majority party to whip its members into casting politically painful votes in favor.
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