Political Quotes

“for a moment, I want to talk about what our decision should be in this United States Congress as we approach another budget year. One of the big challenges of the Congress of the United States is the overspending of government, because it adds to the debt. Over promising adds to unfunded liabilities, and the question becomes, when is it time for Congress and the White House to start faxing and reducing the growth of the Federal Government? I would suggest, Mr. Speaker, that the time is now. We should start next year making changes in the programs, such as Social Security, Medicare, and Medicaid, where Congress has overpromised and does not have the revenue coming in to pay for these programs in the long run. That includes Social Security. The reason I suggest now is a good time is because the economy is growing very rapidly, and I quote from an article in the U.S. News & World Report by Editor-in-Chief, Mort Zuckerman. ``New jobs are being generated in large numbers, income is growing at twice the rate of last year, and the acceleration is such that we will probably see a 5 percent growth in the gross domestic product. Sixty-one percent of private industries surveyed have added workers. That is the highest in 4 years. Business confidence has surged to a 20-year high, and business spending is exploding. The productivity boom, meanwhile, has made it possible to keep inflation under 2 percent, saving consumers billions.”