Political Quotes

On the recordJune 15, 2010
I thank the gentlelady. I think what you are looking at is from the small business owners. They understand right off the bat that something has to be done. They understand that they have had to make deep, deep cuts. Until recently, I served on the Budget Committee, and you are still a member. Sitting through those hearings with the Congressional Budget Office director or the Office of Management and Budget director or Secretary Geithner or when we heard from Mr. Bernanke, we heard the same thing: we are on an unsustainable growth of spending in this country. It has got to be stopped. They don't offer a solution, but it is a very simple solution: you don't spend what you don't have. I was one of 19 grandkids on my maternal side. I will never forget my grandmother, the good German farm woman she was, she had a simple saying, that he who goes a borrowing goes a sorrowing. She pretty much made sure that all 19 of us understood that. Again, you don't spend what you don't have because we cannot spend our way out of this mess. If we are going to be doing that, all we are doing right now, and have been doing, is mortgaging the future of the next generation of Americans. You know, the question when you talk to parents out there and say are your kids going to be better off than you are, most parents don't believe it. They think that their kids are going to have a harder time of it than they have, and that is a bad sign for America's future.
Said by
Bob Latta
Republican · Ohio

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