Political Quotes

“last week we learned the administration's budget projects a $521 billion deficit. What we also have learned, based on that budget, is that not only are they running a budget deficit, or a fiscal deficit; they are also running a credibility deficit. It is impossible to wage three wars with three tax cuts and expect a different result. They have, time and again, whether we are dealing with the issue of weapons of mass destruction, the benefits of their tax cut, or with the issue of Medicare, on point after point, they are running a credibility deficit. The other day, Time Magazine ran a cover story about the growing credibility gap for the President of the United States. It is all because of the actions he has taken. Let us take the issue of Medicare. We debated here whether we were going to charge the taxpayers $400 billion for a prescription drug benefit; and before a single benefit has been issued, which is questionable, but before a single benefit has been issued to a single senior citizen, the taxpayers were charged another $150 billion, and the administration knew all about it all along. We did nothing to bring down the price of prescription drugs, which are going up next year 15 percent and are going up the following year another 15 percent. Yet they knew all along, while we were debating a prescription drug benefit that will not be seen by a single senior citizen for another 2 years, they knew the bill was actually $550 billion.”