Political Quotes

“since I see no one is waiting to speak, I might offer a couple of comments about the proposed budget agreement. We are still evaluating this, looking at the details, but first things first. This seems to me to be something we should agree to. It certainly gets us past this artificial debt crisis that would cause the United States to go into economic cataclysmic fits. If we do not raise the debt ceiling, America cannot pay its obligations it has already incurred. It would be the first time the U.S. Government went into default. That time has already run out, but through extraordinary measures the Secretary of the Treasury has been able to keep the cashflow going, but he is running out of all of his tricks of the trade next week, November 3. That is the first thing it would do most immediately. The second thing it would do is it would get us over this budgetary impasse of a budget that lays out the blueprint--for the flushing out of that blueprint, which are the appropriations bills. So in the case of the budget, what had been brought forth was a budgetary gimmick of saying we were going to raise the amount of money we needed for defense, but it was not going to meet this arbitrary budget cap that had been set 3 years ago by the cuts across the board called the sequester.…”