Political Quotes

“I think it is quite disgusting and somewhat embarrassing that we will vote today to mess up our U.S. Constitution with a balanced budget amendment. We are taking this action because collectively we do not have the courage and we do not have the willpower to do what we know should be done, and that is stop borrowing and cut spending. It has been over 25 years since this body has passed a balanced budget. While it is a shame that Congress needs to pass a balanced budget in order to do what the people of this country expect them to do, the growing national debt requires this kind of drastic action. On February 28, 1993, the national debt stood at $4,106,000,000,000. In just 365 days of this administration, the national debt has grown to $4,469,000,000,000. That is $363 billion in just 1 year, or $1 billion a day. Just last year, the per capita share of the national debt was $16,073. This year, it is $17,306. That is an increase of $1,233 in just 1 year for every man, woman, and child. How much more debt do we need to burden our children before we say ``enough?'' According to CBO, the money we borrowed to spend just last year increased this year's deficit $15.2 billion because of interest.”