Political Quotes

“I thank the chairman for his work on this bill, bringing it forward, as well as his graciousness for letting me speak today. Mr. Speaker, I will say that what I am hearing from the other side leaves my head spinning. I hear yammering, but I constantly wonder: Did they bother to read this particular balanced budget amendment? The struggle I have with this balanced budget amendment is not what they say. They say this is going to go directly to spending reductions. The issue for me is, when I look at it, I see that we make it easier to raise taxes, that is what we make it easier to do, by a 51 percent vote. When I see it, we make it easier to spend like we did in the omnibus, the bipartisan omnibus bill, because that only requires a three-fifths vote to set aside the balanced budget restraints by this administration. That gives me concern, because 61 percent of the vote in the House would have exceeded that just a couple weeks ago with the omnibus bill. In the Senate, it was by more than 60 percent. So that is a bit problematic for me. I will make one last point here before I continue on to the previous point, and that is we are going to see 7 years, roughly, for the ratification process and then another 5 years after that before this actually is enacted. That is 12 years. That means that we are going to have probably around a $30 trillion national debt by then.…”