James Norton said "my mother always said, ``Do not let me have to tell you twice.'' We heard you, Moody's. We do not need to hear from Standard & Poor's, too. We need to respond that we are not the kamikaze Congress. The markets actually responded positively all during our tortured balanced budget negotiations. There were Dow Jones records broken. The reason, of course, is that they expected a balanced budget. A more balanced budget compromise would have the same effect, only this time the benefits would not be only to the markets, but also to jobs, to renewed confidence in our economy, and especially in much needed renewed confidence in the Congress of the United States." @ PoliticalQuotes.com

On the recordJanuary 25, 1996

my mother always said, ``Do not let me have to tell you twice.'' We heard you, Moody's. We do not need to hear from Standard & Poor's, too. We need to respond that we are not the kamikaze Congress. The markets actually responded positively all during our tortured balanced budget negotiations. There were Dow Jones records broken. The reason, of course, is that they expected a balanced budget. A more balanced budget compromise would have the same effect, only this time the benefits would not be only to the markets, but also to jobs, to renewed confidence in our economy, and especially in much needed renewed confidence in the Congress of the United States.

Said by

James Norton

Ohio

Source

govinfo.gov

Editor's note · Context

Addressing the importance of a balanced budget during congressional negotiations.

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