Political Quotes

“Well it is interesting how these seventh graders demonstrated greater fiscal sense than this Congress has been able to demonstrate, because we talked to them about debt and how essentially what we have been doing, to your point, to put it in their terms, would be like me, as a mom, getting a credit card in my daughters' names, okay, and going out and buying things for myself and then saying to them as soon as they are old enough to work, now you get to pay for all the things I bought myself. That is essentially what we are doing to future generations. And they said, Well, that is just not right. And they were right in understanding that. I also asked them, What would you do to not have debt; and they said, Well, spend less than you have. Pretty simple answer, but one that without PAYGO budget rules, which we once on a bipartisan basis adhered to in this body and were able to get ourselves to the largest surplus in the history of this Congress, we have now gone, since we have thrown out PAYGO rules and we are not requiring ourselves as a body of Congress to be more fiscally responsible, we now have the largest deficit in the history of the Nation, and that is pretty unconscionable.”