Political Quotes

“in 1998, when we balanced the unified budget for the first time, we paid off over $50 billion in debt. In 1999, we took that to over $80 billion in debt retirement. This year, fiscal year 2000, over $150 billion. The 4-year total, including the budget we are going to be debating on the Floor here tomorrow, is over $450 billion in debt relief. The budget that we will have on the floor, which covers the years 2001 through 2005, will have over $1 trillion in debt relief, even taking into consideration the $40 billion that we have set aside for Medicare reforms and prescription drug coverage, even taking into consideration the elimination of the marriage penalty, the health insurance deductibility for individuals, the small business tax relief package that has already passed this House. Taking into consideration all of those measures, we are going to pay down over a trillion dollars in debt in the next 5 years.”