Political Quotes

“I rise today to discuss a subject that transcends partisanship and political parties, and that is our growing national debt. Nearly 230 years ago, President George Washington issued his Farewell Address. It is a speech full of advice and wisdom that this country still looks to today for guidance. But lost within that address is an often-overlooked warning--a warning against the accumulation of debt. Specifically, our first President cautioned the newfound American public that our government should avoid "the accumulation of debt, not only by shunning occasions of expense, but by vigorous exertion in time of peace to discharge the debts which unavoidable wars may have occasioned." In other words, President Washington warned us against kicking the can down the road and pushing off a burden that he said "we ourselves ought to bear." So today I ask, has our country heeded these words of warning? Let's take a look. As of this morning, the national debt totaled $36.7 trillion. To put that into perspective, that is more than triple the amount of debt from when I first came into office in 2009. And to get your head around it, if you break that number down per American, it translates to more than $107,000 in debt for each and every person in our country. By 2029, the debt held by the United States as a percentage of our economy is expected to be higher than at any point in the entire history of our Nation.”