Political Quotes

On the recordFebruary 24, 1994
In one of his pithier observations, Winston Churchill once said that "Americans can be counted on to do the right thing, after they have exhausted all other options." The politicians of this country have now exhausted a raft of different options to bring Federal finances under control--deficit limits, tax increases, caps on domestic spending, cuts in defense spending--but the Nation's budget remains shamefully out of whack. But we can no longer flinch from reality; we can no longer afford the illusion that we can borrow our way to prosperity.…
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Larry Craig

Editor's note · Context

The speaker discusses the need for a balanced budget amendment and reflects on past financial options.

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