Political Quotes

On the recordJuly 27, 2011
Mr. President, I wish to say to the Senator from Oklahoma that standing and going through the list of things that offer opportunities for saving is very important. I have a list as well. For example, on my list, we know of well over $1 trillion of money owed to the United States of America by people who have not paid it. If we even got a portion of that over a 10-year period--that is over a 10-year period--we could do that. I look forward to working with the Senator on that. But tonight we are not facing a 3-week timeframe as my colleague perhaps suggested, we are just facing down a 5-day timeframe and we are facing a manmade crisis and, by that, I have to say a Republican-made crisis on raising the debt ceiling. We have never in the history of this country faced a situation such as this. Why do I say this? Because the debt ceiling has been raised 89 times--89 times--and I can tell you because I voted for it a number of times and voted no four times. Yes, on occasion you vote no on it and send a message, but you don't bring it down. I have never seen anything like this. We are going down a dangerous path. When I say we have raised the debt ceiling 89 times, that is in the Record--55 times under Republican Presidents, 34 times under Democratic Presidents. The debt limit was raised the most times during Ronald Reagan's Presidency. During his 8 years, the debt limit was increased by 200 percent.…
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Barbara Boxer
Democratic · California

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