Political Quotes

“Milton Friedman once said he would rather have a $1 trillion budget that is way out of balance than a $2 trillion budget that is in balance. I think his point is even more poignant now than when he made it several years ago. If we manage to balance the unified budget this year--and most recent revenue trends suggest we will--we will do so by taxing and spending at a level of about $1.75 trillion. That is a level of spending that is 25 percent higher than when President Clinton took office just 5 years ago. Despite the claim President Clinton made in his State of the Union Address that we have the smallest Government in 35 years, the fact is that the Government has never been bigger--never. And it will continue to grow by leaps and bounds if Congress approves the myriad of new spending proposals that President Clinton is proposing in his latest budget. It seems to me that although we may have succeeded in balancing the budget, we still have two very different visions of where we should be headed in this country.”