Political Quotes

“We have half an hour, so consider that a mercy for everyone who has had to deal with some of these presentations. The original goal tonight was actually to do some things that were a bit more optimistic, some things that we have identified where you could actually modernize and cut the cost of this government and actually do the job that we are supposed to do here, but I need to clear up a couple of things. First, I owe everyone--because apparently last week when I was speaking, I was speaking so fast that I didn't explain this particular chart, so I am making up for myself last week. The point I was trying to make is, in the last fiscal year, our borrowing represented about 6.4 percent of the entire economy. When you have individuals around here saying we have these parts of our 2017 tax reform that expire at the end of next year, if we just extend those and don't pay for them, that is what drives us to almost 9.2 percent of the entire economy 9 budget years from now. If we actually find a way to pay for them and still extend those tax reforms, we actually get some economic growth. If you just let everyone's taxes go up, you end up in about 9 years a little under 7 percent of the entire economy borrowed. It is a little geeky, but the passion I have tried to show here is, I believe the moral thing to do is we don't let the portions on the middle class, their taxes, go up next year, but we also step up and find a way to pay for it.…”