On the recordMay 23, 2007
PAYGO, pay-as-you-go. You can't keep borrowing, you can't keep spending, adding new programs unless there's money in the budget. You can't pretend there's some trickle-down future great thing. If it happens, wonderful, but you know something, we all want lower taxes. We all want a reasonable amount of spending, but you've got to be fiscally responsible. I'm just proud that we're getting things back on track. So maybe like in the 1990s, when we moved into a budget surplus, which we should have been proud of and sustained that over time, we want to go back to the old ways of the 1990s and certainly not the way of the last seven or eight years.
Source
govinfo.gov
