Political Quotes

“The deadline for preventing the United States from defaulting on our debt is growing closer, and the need to act is more critical. The truth is, Mr. Speaker, we don't know the full extent of the damage that our Nation's economy would suffer. But here is what we do know: a default would mean higher interest rates for over 278,000 New Yorkers with mortgages, a loss of disability benefits for over 100,000 New York veterans, and the threat of being unable to pay Social Security and Medicare drug reimbursements to over 3,000 New Yorkers. Mr. Speaker, the argument by some in this Chamber that defaulting on our debt wouldn't be a big deal is outrageous. Putting the full faith and credit of our Nation--not to mention the strength of the world economy--on the line simply to prove a political point is both reckless and irresponsible. This House must put the best interests of the American people first and avert this disaster so we can get back to rebuilding this economy and nation-building right here at home. ____________________”