Political Quotes

“there is something that somehow is not mentioned very often on this floor, and that is our Nation is going broke. We certainly have military threats, but we have an even bigger threat of our Nation going broke. The gentleman from Iowa (Mr. Nussle) last year passed this budget, the President's budget and the President's tax cuts, and the net result of that budget and those tax cuts, passed with Republican votes in the House and Senate, because the other body was controlled by the Republicans then, has increased the national debt by $440,604,894,921 in 1 year. The President was in Iowa last week saying we need a budget. My goodness, if it is another one of those, we do not need it. This is on track to be the largest deficit in American history. The previous record was held by then-President Bush in 1991 where the fiscal year budget increased by $435 billion. If this continues, and we only have 12 days left in this fiscal year, the gentleman from Iowa (Mr. Nussle) would have orchestrated the single largest increase in the American deficit in 1 year.”