Political Quotes

“Madam President, I rise today to let the American people know that there are some of us left in Washington--some of your representatives--who actually do care about the mounting debt. We now have over $22 trillion worth of debt, and you ask yourself: Whose fault is this? How did it get so out of control? How did we accumulate so much debt that we are accumulating debt at $1.5 million every minute? Under George W. Bush, the debt went from about $5 trillion to $10 trillion. Under President Obama, it went from $10 trillion to $20 trillion. Under President Trump, it will go from $20 trillion to about $30 trillion. So the debt is out of control, and you ask yourself: Why is no one doing anything about it? Whose fault is it? Well, really, I think you can see that it is a bipartisan problem. Both parties are at fault. We have a debt now that exceeds $22 trillion. If you have ever seen usdebtclock.org, you can see the numbers spinning out of control. Now, how would that apply to an individual? Each individual American in the country owes about $70,000 of that debt. Some people say: Well, it is so enormous; do deficits really matter? In fact, I think it was one of the changes, when Republicans way back said that deficits don't matter. Well, it actually does matter. It matters to your budget each year because what happens is that as interest grows, it crowds out everything else.…”