Political Quotes

“I point out that the allegation that this is a bipartisan piece of legislation is simply not accurate. A total of three Republican Members in the entire Congress will be voting for this bill--only three. That is not a bipartisan approach, by any measure. I think there are some hard facts we should not ignore as we address and dispose of this issue and move on to others. I remind my colleagues that the current national debt is $10.7 trillion. The 2009 projected deficit is another $1.2 trillion. The cost of this legislation before us is $1.124 trillion; that is, $789 billion plus interest. The expected omnibus spending bill, which will be coming shortly, is roughly $400 billion. The expected supplemental request for Afghanistan and Iraq will be an additional $80 billion. We will be addressing appropriations bills for 2010 that will be over a trillion dollars. We are already spending $700 billion on TARP I and II. And estimates, according to the media, are that TARP III will be somewhere around $1.5 trillion. We are on a spending spree of unprecedented and historic proportions.”