Political Quotes

“I thank my friend from Arizona for yielding, and I thank him for his leadership on this important issue. Madam Speaker, we have $22 trillion of debt, over $22 trillion of debt now. We are accumulating debt at approximately $1 trillion a year. America is financially bankrupt, and if we continue to place this burden on our children and grandchildren, we are also morally bankrupt. We are threatening our ability to react to world affairs, our ability to deal with the dynamic threats that we face in this world, not just land, not just sea, not just air, but space also. We need to balance the budget, but it requires us to make difficult decisions today, to ensure a prosperous future. And it requires us to make significant cuts to our discretionary spending. One of the amazing, unique characteristics of this place, of Congress, is that for some reason, we make a distinction between discretionary spending and mandatory spending. My grandchildren don't care if they have to pay back a debt that was created by mandatory spending or a debt that was created by discretionary spending. They don't care. A dollar is a dollar to them, and it should be to us, and we should take control of mandatory spending, just as we take control of discretionary spending.…”