Political Quotes

Debbie Wasserman Schultz: Put the chart back up because I think it's important to note that when we began using this chart, it was actually at…

On the recordFebruary 7, 2008
Put the chart back up because I think it's important to note that when we began using this chart, it was actually at $1.03 trillion and the bar was a little bit lower. Now, here on this chart it's 1.19, and it's really $1.33 trillion in foreign debt. The bar is up to the President's chin. It's actually, the 1.33 I think is up to his lips. He's about to drown in the debt right here on this chart. So we really need to make sure, I mean, there are deficits and there is debt, both are significant, both are important, and both really hamper our long-term security. When we talk about the need for homeland security, economic security for Americans is equally as important. If we can't rely on our government and our leadership in the government to make sure that we make responsible fiscal decisions like we did when we reinstituted the PAYGO rules, when we made sure that the bills that we pass here are paid for and that we, going forward, aren't going to cause more debt and more deficits and saddle that burden of debt on future generations, that's what fiscal responsibility is all about; that's what financial security is about. Every single day Americans have to make sure that they don't spend more money than they take in, and we have families across the country who make sacrifices in order to be able to do that. They know they're in trouble if they go in the opposite direction.
Said by
Debbie Wasserman Schultz
Democratic · Florida

Editor's note · Context

Discussing the importance of fiscal responsibility and the impact of national debt.

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