Political Quotes

On the recordJanuary 6, 2011
I thank the gentleman. And reclaiming my time, the analogy I used earlier was with families, and we all know we're in a difficult budgetary situation. We know we're running huge deficits right now, and we know that the money that we are spending, a large portion of it we are borrowing because tax revenues can't support it. This Republican majority now has basically taken the position that they're going to strangle this government and put a cap on expenditures. And certainly I understand that's part of their honestly held philosophy, but if you're a family and you've got two kids high school age and two income earners, one of them loses their job, are you going to then say under no circumstances am I going to borrow money to help pay for the college education of my two teenagers so they can have a better life and they can be prepared to meet the demands of the future; I'm just going to keep cutting expenses? And that analogy seems to be working here, particularly with regard to transportation as well and the investment that we have to make.
Said by
John Yarmuth
Democratic · Kentucky

Editor's note · Context

Speaker Yarmuth discusses the implications of budget cuts and borrowing in relation to family financial decisions.

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