Political Quotes

On the recordFebruary 2, 2011
Mr. President, I rise to make a point of order that the pending amendment violates section 311 of S. Con. Res. 70, the concurrent resolution on the budget for fiscal year 2009. Mr. President, the amendment will significantly worsen the deficit--a fact confirmed by the CBO in a letter to Speaker Boehner on January 6. The CBO letter says clearly they estimate that enacting the health care law repeal would increase Federal deficits in the decade after 2019 by an amount that is in the broad range around one-half percent of GDP for that period. The GDP for that period is $293 trillion. Mr. President, one-half of 1 percent is an increase in the deficit and debt of this country of more than $1.4 trillion. We have heard colleagues on all sides say we have to get our deficits and debt under control. Yet one of the first measures is to explode the deficits and debt, add $1.4 trillion to the debt. That is not just irresponsible, it is reckless. I urge my colleagues to support the budget point of order. The PRESIDING OFFICER. The Republican leader is recognized. Mr. McCONNELL. Mr. President, only in Washington could you argue with a straight face that starting a new multitrillion-dollar entitlement program is going to save money. CBO could only look at the proposition that was presented to it, which frontloads tax increases in Medicare cuts and backloads benefits.…
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Kent Conrad
Democratic · North Dakota

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