Political Quotes

Kendrick Meek: Mr. Ryan, I want to say something about that chart that is right behind you. I am going to tell you, Mr. Speaker, how…

On the recordMarch 9, 2006
Mr. Ryan, I want to say something about that chart that is right behind you. I am going to tell you, Mr. Speaker, how the American people end up going through what we call here in Washington the Potomac two-step. I will break it down a little further, how they get fooled, what one may say, bamboozled, hoodwinked. You go that way; I am going this way. Let me just quarterback this thing for a minute, Mr. Ryan. As you can see, the increase in foreign borrowing is $1.16 trillion on this chart. What the President has done and what this majority, the Republican House, has done, Mr. Speaker, is they have said, well, we will put it in this column and further down here in the corner where you have a $0.02 trillion increase in domestic borrowing, we do not want folks to really know what we are doing. We want to borrow from these other nations and let us make a big deal here at home because if we make a big deal here at home, maybe, just maybe, Mr. Ryan, the American people will say, wait, slow down, easy on that credit card. That is an interest rate. It is a $230 billion interest rate per year, more than what we are investing in education, more than what we are investing in homeland security, since the President and the Republican majority are supposed to be the big homeland security people. More than what we are doing there. Mr.…
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Kendrick Meek
Florida

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