Political Quotes

“I thank the ranking member from Illinois for yielding. Mr. Speaker, before we vote on new legislation, it is very important that we have an honest look at the price tag. As Republican leader of the House Budget Committee, it is my responsibility to track how new spending impacts our Nation's bottom line. Every time Washington passes unpaid-for legislation that adds a new benefit or program, or expands an existing one, our fiscal problems get much worse. At each one of these moments, we take another step toward either raising taxes on middle- and low-income working-class Americans or asking China for another IOU. Look no further than the $2 trillion Biden bailout bill that was passed back in March. It added trillions to our Nation's debt. Also, the $5 trillion BBB that was passed out of this House would add trillions to our debt. According to the Congressional Budget Office, which is the official scorekeeper for Congress, the true cost of the bill before us is hidden. The true cost before us is hidden. Why? On paper, the bill appears paid for. However, the new spending does not begin until 2025, and then the expansion of benefits does not go into effect until after the budget window in 2032. Meanwhile, the pay- fors all go away within the 10-year window. This is a creative way for Democrats to use budget gimmicks and delay program start dates to push through billions in unpaid-for spending.…”