Political Quotes

On the recordFebruary 26, 1998
That makes me senior, that is right. But you know we came here in 1993, and within, I think, you know, the first 6, 8 months, the deficits were projected to be $200-$250 billion per year as far as the eye could see. The only way that we were going to stimulate the economy was by increasing Washington spending, and the only way to even try to get the surplus would not be by putting a discipline into Washington spending, but by increasing taxes because obviously Washington would know how to spend your money better than what you would. And now 5 years later, I mean, you know, Mr. Neumann came in and helped us take the majority. You are helping us and setting us on a new agenda or implementing this agenda where we are now close to being at surplus, and now what we need to do is we need to put the discipline in place and make it an institutional criteria that every year we will have a surplus and every year we will work on paying down our debt, reforming entitlements and reducing the scope and the influence of Washington government.
Said by
Pete Hoekstra
Michigan

Editor's note · Context

Discussing fiscal policy and budget deficits during a speech on the House floor.

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