Political Quotes

“I rise today in full support of a balanced budget amendment. I am proud to be a cosponsor of S.J. Res. 10, along with all of my fellow Republicans. Shortly, the Senate will vote on two proposals for balancing the Federal budget. One of those proposals, offered by my colleague from Utah, Senator Hatch, will provide a strong and meaningful change to the way this Congress performs it spending function. I thank the Senator for his continued hard work on trying to balance the budget, something he has been working on since 1995. Unfortunately, he, like all of the Members of this body, has seen the recent and disconcerting rise in debt. It is appalling that we continue to head down a path to destruction and fiscal lunacy. The American people are fed up with this. How do we know that? Recent polls say that only 9 percent of the population believes in the spending path Congress has chosen. For the fiscal year ending September 30, 2011, we had in excess of $1.3 trillion in deficit spending. In November of this year we surpassed $15 trillion in total debt. This rampant overspending will not end without a drastic change--without taking away the power to overspend. Not only have the American people told us this, our financial markets have told us this as well. Unbearable debt in the European markets is depressing our domestic financial markets. If left unchecked our own debt will continue to lower economic outlook.…”