Political Quotes

“I too rise in strong support of the balanced budget amendment--the strong, meaningful, balanced budget amendment presented on this side of the aisle because it is an important, necessary effort to rein in the biggest economic problem and threat we have facing us. I want to dovetail and expand on some of Senator Paul's comments, with which I certainly agree. First of all, I hope it is perfectly clear that our debt--our growing, unsustainable level of debt--is a clear and present danger and an immediate danger to our Republic, to our democracy, to our economy, and to our future. Overspending has been a problem for quite a while in Washington. It has been a problem under Republican and Democratic administrations and Congresses. But forever it was a problem because we were passing on these big debt figures, this big burden to our kids and grandkids, and we were kicking the can down the road. It was a problem for the future which we should correct now but largely a problem for the future. As Senator Paul said, that is not true anymore. It is an immediate threat right now. It is not a question of just our kids and grandkids; it is a question of next month, next year, whether we avoid a crisis, as is brewing in Europe, which could be the biggest hit to our economy since the Great Depression, bigger than what we went through in 2008. So this issue is an immediate threat, and it is not some esoteric issue about balance sheets.…”