Charles Rangel: “I would like to join in the bipartisan request that we try to work this out. The request sounds like a drunk going to an…”

“I would like to join in the bipartisan request that we try to work this out. The request sounds like a drunk going to an Alcoholic Anonymous meeting, saying just give me one more drink and I will not do it again. But there has to be a program involved in joining with my colleagues in this bipartisan approach, and we have a program and that is pay-as-you-go. My colleagues cannot help themselves with spending. They think they have a credit card with no limit on it. They go to the richest of their friends and they tell them, they do not ask for it, that they are going to give them a $1 trillion tax cut. Then when they ask, well, where are we going to get the money, do not worry about it, we will increase the debt ceiling, we will just borrow some money. Who are we borrowing the money from? The Japanese and the Chinese. What kind of patriotism is that? What kind of bipartisanship do my colleagues want for that? The truth is every day for the next 2 years we are going to be dealing with the moral issues that encompass this Congress and this country, and the quicker my colleagues try to explain how they can take a surplus projected at $5.6 trillion and then come up and waste it and come up with a deficit of $3 trillion, the quicker they can see that the interest on this debt is going to be larger than the things that they talk about in the Koran, in the Bible or in the Torah and all of those things.”