Political Quotes

“Reclaiming my time, Mr. Jordan, you're exactly right. And I'd like for you to talk about the Republican balanced budget that we introduced last year and again you're working on it this year. But you brought up the President's budget. Todd Akin, our colleague from Missouri, was very generous to loan me this chart. This is about the President's proposed budget that he gave us. We don't have a House budget. We may not get a Senate budget. This pie chart, I just want to pay attention to two figures. Total receipts proposed, $2.56 trillion. Total outlays, $3.834 trillion. Now, $1 trillion is a lot. People can't get their arms around or mind around what's $1 trillion. But if you subtract 2.5, in receipts, plus change from 3.8 plus change, you see we have a big budget deficit that's been proposed by this administration. This is actually unsustainable. I've heard our colleagues on the other side talk over and over again about the deficit that was created by George Bush. And, in fact, all I hear from our colleagues over and over again is about the deficit, and they're still blaming the Bush administration. Well, I've not been a great fan of the budget deficits that the Bush administration put forward, but if we look at this chart, these are the deficits under the Democratic budgets. This is in billions of dollars. We see in blue the deficits, 2004, 5, 6, 7, that were under the Bush administration. We did have budget deficits, and that was wrong, absolutely wrong.”