Bill Pascrell: “Woody Allen said, ``This is a tragedy of a disaster.'' Look at the State of New Jersey. A member of my colleagues' own…”

“Woody Allen said, ``This is a tragedy of a disaster.'' Look at the State of New Jersey. A member of my colleagues' own administration, very good friend of mine, left the State and said I had a billion dollar surplus. What happened to it? Now we have an $8 billion deficit, the worst in the Nation. We cannot fill these cards unless we know the numbers. We do not know the numbers 10 weeks from now. How can my colleagues tell us what the numbers are going to be 15 years from now? $400 billion more in deficit, $400 billion more and my colleagues need to address the American people on American values who believe we should pay for what we are getting and not go into debt even further. By 2008 we will have paid the government's debt, the Nation's debt. Now what has happened? We are into deficit, Mr. Speaker, and Woody Allen's words ring so true, so true.”