Political Quotes

“Tonight. We are actually going to continue on a theme. I am going to try to dial back sounding like a jerk tonight, but I have been trying to make a point on the scale of the debt, the level we are at, the misunderstanding on its growth, and some potential solutions. We are also going to spend a little bit of time tonight--and this is what I was sort of pre-apologizing for--I am going to show that some of my brothers' and sisters' ideas from the left on raise this tax, do this, do that, don't even count as rounding errors. Let's actually start with some of the boards here. I have shown this a half dozen times, and I keep showing it because this is what I have bad dreams about. If you live in a world of math-- and I know this is, functionally, a math-free zone--but when we finished the debt ceiling deal, we basically got some applause by economists saying you basically moved yourself from maybe 120 to maybe 115 percent of debt- to-GDP at the end of the 9 years. That was the CBO number, but then some of the outside economists came in. Moody's Analytics said there are other things going on--the higher interest rates, the dramatic increase in spending in Medicare. Remember, the first 7 months of this year, we spent 16 percent more on Medicare. Next year's interest will functionally be three-quarters of a trillion dollars.…”