Political Quotes

Pete Domenici: this distinguished columnist, who has a knack for exposing attempts at political deception and making difficult things…

On the recordMarch 13, 1995
this distinguished columnist, who has a knack for exposing attempts at political deception and making difficult things simple, points out the deceit in the arguments that we heard on the floor last week. I encourage all who participated in the balanced budget amendment debate to read this column. I am asking that it be made part of the Record so everyone will have an opportunity to do that. Because, if nothing else, Mr. Krauthammer's essay brushes aside the political rhetoric and emphasizes that, no matter how you add it up, where you put the numbers, or, as he says, which pocket you put it in, an obligation of the Federal Government remains just that--an obligation of the Federal Government. And we or our children and grandchildren have to pay it. Mr. President, it just seems to this Senator that the balanced budget amendment should have been adopted. I repeat for those who are worried about the Social Security trust fund or, more precisely, where will the money be, where will it come from to pay Social Security recipients 20, 25, 30 years from now, I submit that the best thing we could have done was to get the unified budget of the United States in balance in 7 years. Because I believe that would have more to do with what Social Security of the future needs than anything else. Simply put, as Mr. Krauthammer later in his article alludes to, the best thing for Social Security in the future is a vibrant, growing American economy with low inflation.
Said by
Pete Domenici

Editor's note · Context

Discussing the importance of a balanced budget amendment and its implications for Social Security.

Share

More from Pete Domenici

Jun 18, 2012

I am not sure it is happening. We have to wait a little bit longer.

congress.gov
Jun 18, 2012

For it to survive, you have to end up putting revenue into the mix.

congress.gov
Jun 18, 2012

If that is happening, I think that is private sector.

congress.gov
Jun 18, 2012

I think it is very important, for some of you who have gone through lame duck, to make sure that you know it is not the best choice of an arena to which you would assign the solution of major problems.

congress.gov