Political Quotes

“This budget is a cash-flow management plan for fiscal year 2003 and for 4 years beyond. It is a cash-flow plan that is, in many ways, similar to the cash-flow plans that individuals must manage for themselves, those which families plan while sitting around the kitchen table and small businesses establish when determining how many employees they will hire or how many equipment purchases they will make in the coming year. In fact, there are over 1 million families today, due to the tragic events of last September, who are planning their finances to weather the emergency situation they are facing in their lives: loss of a job, slowing business revenues, and so forth. Many of these families will borrow or have borrowed from their savings or retirement, life insurance or home equity to ride out the storm. Mr. Chairman, it is from the cash flow of the taxpayer all across the country that the Federal Government receives its income. When individual family and business budgets are healthy and strong enough to make the necessary and often the discretionary purchases, when they are thriving enough that they are adding jobs to the workforce and expanding business opportunities, the Federal Government's budget is the strongest. Today, we have a deficit cash flow. It is from the lack of consumer confidence caused by the lack of job confidence.”