Political Quotes

Jim Bunning: I paid for it, and I paid for it out of stimulus money. We passed in this body just last week a pay-go that is extended…

On the recordFebruary 24, 2010
I paid for it, and I paid for it out of stimulus money. We passed in this body just last week a pay-go that is extended to all the bills that come through this body. We passed a bill earlier this week on which we did not do pay-go. We did not pay for it--at least $10 billion of it. The cost of these extensions is another $10 billion. That means that $20 billion goes directly to the debt of this country. We just extended the debt limit to over $14 trillion. The reason I offered the offset that the leader objected to was so that my 40 grandkids don't have to pay the bill. We cannot keep shifting our spending to our kids and our grandkids. Believe me, I want to extend those provisions just as badly as the leader does, but we need to pay for them. That is the reason I offered my substitute to his original text.
Said by
Jim Bunning
Source
govinfo.gov
Feb 24, 2010

Editor's note · Context

The speaker discusses the financial implications of extending provisions and the importance of fiscal responsibility.

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