Political Quotes

“Thank you, Mr. Perlmutter and Mr. Garamendi, for holding this. As John Adams, our second President once famously said, Facts are stubborn things. This chart here, which is a chart which is using the Congressional Budget Office facts and figures in terms of what happened to this country since 2002, which as my friend indicated, was the last time we had a balanced budget in this country. This chart shows that we have accumulated about $7.5 trillion in debt. And $5 trillion of that was due to the policies of the last administration, starting with the Iraq and Afghanistan wars, two wars which, again, lots of debate about whether it was in our national interest. In any case, what is not debatable is that we never paid a penny for either one of those conflicts. The Bush tax cuts, $1.8 trillion; nondefense discretionary spending, $608 billion. TARP, the Wall Street bailout, which a lot of people forget occurred under the last administration; a Medicare drug benefit which was passed in 2005 and was never paid for. Not a nickle of that benefit was ever paid for with either offsetting revenue or other spending reductions. And the 2008 stimulus bill which the Bush administration had presented. A lot of people don't remember the check that people got sent during that time. Again, none of those expenditures were paid for.…”