Joe Lieberman: “It seems to me as we deal with this budget resolution and we think about the condition of our economy and of the Federal…”

“It seems to me as we deal with this budget resolution and we think about the condition of our economy and of the Federal Government books, we have a short-term need and a long-term opportunity. The long-term opportunity is to constructively use the surplus that the American people have built up over the 1990s, to continue our prosperity, to continue to act with fiscal responsibility, and to invest in the seeds of growth in our economy so that the private sector, which is where jobs and growth are created, can in fact continue the growth in this decade that we had in the last decade. We also clearly have a short-term need. It has affected our longer-term discussions because the obvious fact is that the economy, after a period of unprecedented growth, has now slowed.”