Political Quotes

“on February 14 President Obama delivered his budget to the Congress. I often describe to my constituents that Washington is an island surrounded by reality. Nowhere is this more apparent than with President Obama's February 14 budget. In presenting and defending his budget, President Obama and his staff have said his budget ``lives within our means'' and that ``it will not add to the debt,'' and that ``we are not going to spend any more money than we are taking in.'' Obviously all you have to do is study the budget and you come to the conclusion that these astonishing statements do not equal the facts. The Congressional Budget Office recently projected the deficit for fiscal year 2011, the year we are in, will exceed $1.5 trillion. This is on top of a $1 trillion-plus deficit in 2009 and 2010. Today, of every dollar spent, more than 40 cents is borrowed. Our country is on an unsustainable path. But you would not realize that by looking at the President's budget proposal. It does not recognize the serious fiscal crisis our country faces. What it represents is the status quo. Over the 10-year period, President Obama's budget adds more than $10 trillion in publicly held debt and $14 trillion in gross debt. Does that sound like on February 14 he put before us a budget such that we are going to live within our means and not spend any more than we take in?…”