Political Quotes

On the recordMay 31, 2011
I thank the gentleman for yielding. Unfortunately, this is a serious issue on which serious time has not been allotted because you put this on suspension. This is a serious issue. Our country is in crisis from a fiscal standpoint. Now I wanted the gentleman to yield because I don't think the gentleman has any idea what the facts are. Eighty-nine percent increase in the debt under Ronald Reagan. He could have vetoed every one of those bills. Under George Bush, 115 percent increase in the debt. Under Bill Clinton, less than 40. Ladies and gentlemen, this issue is an important issue that is being treated not as an adult. This is not the adult moment of which Speaker Boehner spoke. And you didn't mention that the budget you voted for, I presume, I'm not sure, increased the debt by $1.9 trillion between now and October 1 of this year. Ladies and gentlemen, this is not an honest debate. This is not an honest proposal. This is a serious issue. TARP was a serious issue, and the American public didn't want to see it passed. And had it not passed, we would have gone into depression. Who said that? George Bush, Hank Paulson, the Republican Secretary of the Treasury, and Ben Bernanke, the Republican appointed head of the Federal Reserve. It was a tough vote. And so what did we do for America? We came together, Republicans and Democrats, more Democrats supporting the Republican President's request than his own party, to save America from depression.…
Said by
Steny Hoyer
Democratic · Maryland
Source
govinfo.gov
May 31, 2011

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