Political Quotes

“Mr. President, I thank the Senator from Colorado for his remarks and for his leadership. He has been right on point with respect to what has to be done in this country to get the debt threat under control. Make no mistake, we do face a debt threat of ominous proportions. Yesterday, the Congressional Budget Office again warned us: ``Debt crisis looms absent major policy changes.'' You go to the end of this article that was from the Associated Press, by Mr. Andrew Taylor, a respected writer, and it says: CBO says the debt increases the probability of a fiscal crisis in which investors lose faith in U.S. bonds and force policymakers to make drastic spending cuts or tax hikes. That is where we are headed if we do not respond. And it is going to require a bipartisan response with Republicans and Democrats, because Republicans control the House of Representatives, Democrats control the Senate, and there is a Democratic White House. So when Republicans--as I just heard on this floor--blame it all on the President, that is not going to work. That is not going to work, because Republicans can block anything in this Chamber, and Republicans control the House of Representatives. So guess what. They are going to have to join Democrats and be responsible. And being responsible means doing some things that are tough. Republicans and Democrats are going to have to do some things that are tough. Why? Because we are borrowing 40 cents of every dollar we spend.…”