James Norton said "the only thing more reckless than a Government shutdown is talk of default, and I mean talk. Talk alone on this subject is playing with fire. Secretary Rubin is accused of bluffing. The real question is are we bluffing? The market opened today down 50 points. It is beginning to level off. But I do not like this game of chicken and I hope my colleagues do not. We have maligned the Secretary, but I think we should thank him for finding magic money. They language he is using this time is quite different and quite definitive and he concludes by saying I will not sell the Nation's gold, and I will not withhold taxpayers' refunds. Now we are into whether we will have a clean or dirty debt limit bill. This gets us into the mode from which we have just ascended. Please, no more ``deja vu all over again,'' not with the Nation's full faith and credit." @ PoliticalQuotes.com

On the recordJanuary 23, 1996

the only thing more reckless than a Government shutdown is talk of default, and I mean talk. Talk alone on this subject is playing with fire. Secretary Rubin is accused of bluffing. The real question is are we bluffing? The market opened today down 50 points. It is beginning to level off. But I do not like this game of chicken and I hope my colleagues do not. We have maligned the Secretary, but I think we should thank him for finding magic money. They language he is using this time is quite different and quite definitive and he concludes by saying I will not sell the Nation's gold, and I will not withhold taxpayers' refunds. Now we are into whether we will have a clean or dirty debt limit bill. This gets us into the mode from which we have just ascended. Please, no more ``deja vu all over again,'' not with the Nation's full faith and credit.

Said by

James Norton

Ohio

Source

govinfo.gov

Editor's note · Context

Addressing concerns about government shutdown and potential default during a congressional debate.

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