Political Quotes

“this chart shows where we were when Republicans took the majority in 1995. For the foreseeable future, at that time, this government went deeper and deeper into debt--for as far as the economist could see. We came in, as the new majority, determined we were going to reduce and slow down spending. Look, we did it. This is historic. I went back over the last 40 years. In every one of those years that the Democrats had control they used the surplus coming in from Social Security for other Government spending. Please look, what we are doing now. We do not have to increase the national debt in this 5 year Republican budget. The President's plan, the Democrats' plan, has to increase the national debt. Their plan forces this country deeper into debt by $2 trillion more than the Republican proposal. I want to say that again to the gentleman from South Carolina (Mr. Spratt). Your plan goes deeper into debt by $2 trillion more than the Republican proposal. Nobody should just talk about the debt to the public. They have got to talk about the total Government debt. Because what we owe the Social Security Trust Fund is just as important as what we owe Wall Street. I want to talk about the caps. The Republicans stay under the caps. The Democrat proposal does not stay under the caps. I am chairman of the Committee on the Budget Task Force on Social Security. That bipartisan task force is working very well together.”