Political Quotes

“Often people wonder why the deficit gets worse, either under Republicans or under Democrats. Under the previous Republican administration, the debt doubled. It went from $5 trillion to $10 trillion. Under this administration, it will go from $10 trillion to about $20 trillion, although we don't know the exact number because we are now letting the President borrow an unspecified amount of money. But we are on target to add more debt under this President than all of the previous Presidents combined. People ask: Why does this go on? Where are the fiscal conservatives? I guess I would maintain that there are very few fiscal conservatives on either side of the aisle. Both sides of the aisle have what I would call sacred cows. On the right they have the sacred cow of military contracts. And then the interesting thing is they say: We don't have enough money to properly defend the country. But the interesting thing is that when you look at military spending, we actually spend more on our military than the next 10 countries combined. Think about it. Russia, China, and eight more countries--add up all of their military spending, and it still doesn't equal what we spend on the military. Since 9/11 we have increased our military spending by 50 percent. How do we do that? How do we get the money for the military? It only happens by a compromise with the other side.…”