Political Quotes

On the recordMarch 22, 2013
I will try to be careful and quick. I wish to thank the distinguished Senator from Washington for yielding the time. I rise today to once again express my concerns about the fiscal problems facing our Nation. Thus far this year I have held public meetings in 61 of my State's 67 counties. Without exception, my State's top concern is our Nation's unsustainable debt and its effect on job creation and economic growth. Alabamians know the Federal debt currently stands at nearly $17 trillion. Yet they see that the Democratic budget before us does not balance--not in 10 years, perhaps not ever. They know the Federal debt has increased by $6 trillion under President Obama. Yet they see that the Democratic budget proposes to pile on $7 trillion more. My constituents know that excessive taxes are choking job creation in this country. Yet they see that the Democratic budget costs $1.2 trillion of new job-killing taxes. They know the stimulus package was an abject failure. My constituents understand that the more we borrow, the more we must pay back in interest. Yet they see that under the Democratic budget, we will pay more in interest on the debt--$791 billion--than we will spend on national defense. They know that fiscal reform without entitlement reform is meaningless. Yet they hear no mention of entitlements in the Democratic budget. It has been 1,423 days since the Senate passed a budget. My constituents waited that long for this.…
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Richard Shelby
Republican · Alabama

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