Political Quotes

“I would like to thank the gentleman from Virginia for his enormous leadership. As I agree with all of my colleagues, everybody has a different reason why they run for Congress. I have been in business for 30 years. Your first term, my second term. But that was my number one issue by far is these runaway deficits. And since I came in 2006, we've got $1.4 trillion. We've picked up another $2 trillion. Another 20 percent we've added to the deficit in the last 3 years. It's crazy. The numbers today were over $12 trillion in debt. And with the budget the Democrats have presented in terms of going forward, they're talking about close to $20 trillion in the next 6, 7, 8 years. If you took the number of 5 percent cost of money on $20 trillion, it's a trillion dollars a year before you pay $1 for Social Security, Medicare, or anything. It's unbelievable. This past year, the deficit was $1.4 trillion. As bad as it's been in the past, if you look at $300 billion, $400 billion is way too much. We should have been balancing those budgets. But $1.4 trillion, that is three times larger, plus, than any other deficit from that standpoint. The last 50 years--and what really motivated me is why this has to be a bipartisan effort. In the last 50 years, I think--and you might know exactly the number, but I think it's only been about four or five or six times we balanced the budget. Forty-four times we haven't.…”