Political Quotes

“nearly every day we see scenes playing out in countries around the world where their financial security is in ruins. This is the last thing we want to experience in our great country, and that is why we need to reform our fiscal policy and the way we have done business. There is too much at stake not to take action. The International Monetary Fund urged us to address our soaring budget deficits, and credit rating agencies Moody's and S&P may be forced to downgrade our government's AAA rating. So what is the majority doing to address this fiscal crisis? Absolutely nothing. It has been nearly 790 days without the majority in this Chamber proposing a budget, and it appears the majority isn't anxious to work on one. The majority-led Budget Committee has failed to meet this year to begin working on a resolution. We can't even have an open debate in this Chamber about the budget. Instead of voting to start the debate on budget measures last month, the majority squashed all proposals, including the President's own plan. This is failure to govern at the most basic level and the American people deserve better. We need a budget that puts us on the path to fiscal discipline. Every week we hear warnings of why this must be done. Last week the Congressional Budget Office issued the starkest warning yet of the danger posed by our spending problems. Our Nation's debt will exceed the size of the U.S.…”