Political Quotes

“Reclaiming my time, the parties have agreed on some fundamental principles of budgeting. Going to use real numbers, commonly agreed to, as scored by the Congressional Budget Office, an office established for that very purpose. Secondly, we are going to operate under budget caps, caps that limited the amount of money that could be spent. Thirdly, we were going to have pay-as-you-go, so if you, operating within those caps, were adding spending, you had to cut spending somewhere else. Those are the three core elements the parties have agreed to in terms of budget discipline that got us out of this god-awful deficit and into the situation where the surplus is today. I think the gentleman from Minnesota makes such a great point in expressing his real alarm at now the Republican majority tearing apart those agreed principles of budget discipline. I think of it kind of like a dam holding back a wall of water. Just think about it being these budget discipline principles holding back a flood of Federal spending.”