Political Quotes

“Mr. President, reserving the right to object, we have now crossed $28 trillion in debt. We borrow more than $2 million every minute. The deficit last year was over $3 trillion. The deficit this year will be over $3 trillion. There is a $1 trillion wish list out there for everybody. Everybody wants something. Somebody says: Oh, there is money in the Treasury. Guess what. There is not. There is a big hole, a big black hole in the Treasury, 28 trillion dollars' worth. So we do have this one asset, and when we sell it, we should do it to pay down the deficit. We shouldn't do it to expand government further. So I object to this because we are $28 trillion in debt. We don't have any money, and we should be fiscally conservative as we profess to be. I object. The PRESIDING OFFICER. The objection is heard. The Senator from Nevada.”