On the recordJune 20, 2007
You stand here and scratch your head and wonder how it is they could allow it to get to this point. There is no logical, rational explanation. The only thing I could come up with is, A, they think we are dealing with Monopoly money here and it is not real money and it is not real debt; or, B, it is not really my personal debt, so it doesn't affect my personal bottom line, so it doesn't matter; or, C, which is the worst, they just didn't care. It just didn't matter. Their rhetoric was of the utmost importance to them. Making sure they could continue to pass tax cuts that benefited the wealthiest 1 percent of Americans, the debt be damned, the deficit be damned, none of that mattered to them, as long as they could keep their contributors happy.
Source
govinfo.gov




