Political Quotes

“Mr. President, this is the first I am aware of this amendment. It was given to me this afternoon to take a look at. I don't have any history with it. It is interesting and coincidental that today is the 94th birthday of President George Herbert Walker Bush, the first President of the United States to ever live to the age of 94, a World War II decorated veteran, a man who served this country in so many different ways. This effort to eliminate the expenses--an amount that is paid to him as a former President--I had not seen before today. I am told this amendment would save the Treasury $4.3 million a year. So I would like to suggest to the Senator from Iowa--I am going to make an official request in this regard. We can do much better than $4.3 million a year in deficit reduction. I am going to ask the Senator from Iowa if she will modify her request to shave $404 million over 10 years by ensuring that millionaires across the United States--in Illinois and in Iowa--don't receive generous crop insurance subsidies. Big agribusiness in Iowa and Illinois receive government subsidies to the tune of nearly $600 million. A GAO study found that 4 percent of the most profitable farmers in America accounted for 33 percent of all the Federal premium support. My legislation that I am asking to be added to the Senator's amendment would reduce premium support for producers with an AGI, adjusted gross income, higher than $750,000 a year, and it will only reduce it by 15 percent.…”