Political Quotes

“Reclaiming my time, I thank the gentleman both for his comments and for his offering of that substitute. The reason is threefold: Number one, that substitute doesn't comply with the rules of the House. We made a decision in this body that we were going to not continue to ask for more and more and more out of taxpayers' pockets but that we were going to try to do our own business here in terms of oversight on all the money that's already being borrowed and spent and sent out the door. {time} 0940 Number two, that happened to be the rules that we adopted in this Congress, Mr. Speaker, but under the rules adopted in the last Congress in which you were the Budget chairman, you know your substitute would also not have been in order under the PAYGO rules that you instituted. Again, not a Republican or Democratic issue. Under a Republican House, the substitute is not in order. And under a Democratic House, the substitute is not in order. But, number 3, and, I would argue, most importantly, I say to my friend, we've got a trust deficit with the American people, and it doesn't surprise me. When we talk about the 5-year impact of the reconciliation plan that we passed out of our Budget Committee and I hope that this House will pass today, we're talking about a net effect on debt reduction, the process for which reconciliation was created, of $65 billion over 5 years. Over the next 5 years, $65 billion is not going to have to be borrowed from our children and our grandchildren.…”