Political Quotes

On the recordFebruary 7, 2013
I come to the floor to speak on the Violence Against Women Act, but before I do that, I wish to say I appreciate the comments of my friend from Indiana. We all want to get this budget under control. We all recognize we have to get it under control not only for today's generation but for multiple generations to come. During the last few years we have been able to cut almost $2 trillion of our budgetary costs over the next 10 years, cuts we have been able to accomplish in a bipartisan way but led a lot by this side. Let me remind folks where we are. Four years ago this economy was flat on its back--an economy that didn't have any air in it. It was in a grave situation. But where are we today? We have a 5-year housing start, incredible activity within the automobile industry, with record-high sales going on there. The stock market has doubled in the last 4\1/2\ years. Most recently, the CBO--the Congressional Budget Office, a bipartisan office which doesn't show any favoritism to any side-- verifies that in 4 years we have cut the annual deficit by 40 percent. I know that is not where it should be yet because we want to balance it, but a 40-percent reduction in the annual deficit is significant. So we are on the road. Is it a slower road than we would like? Sure, but it is on the road to recovery. It is having a positive impact. As a matter of fact, now the deficit, as the amount compared to our GDP, is cut in half. So we are making some inroads.…
Said by
Mark Begich
Democratic · Alaska
Source
govinfo.gov
Feb 7, 2013

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