Political Quotes

“I wish to offer a few thoughts here regarding what our esteemed colleague, Mr. Simpson, said about the Federal balance sheet. If you think of your own checkbook, when you work and earn money, you have an entry that is positive. You have a payroll check or earn interest on something. Then, if you have to pay a bill, you put a minus sign and subtract it, and you see what is left. What is interesting about the arguments from the folks on the other side of the aisle is, they only talk about what is subtracted. They don't talk about what is being added. Both revenues and expenditures are a part of the Federal budget. It is interesting to me. I have served in Congress for a while now, and the other side never talks about revenues. They only talk about expenditures. The interesting thing about revenues is when an economy is booming, you are bringing more revenue into the Federal Government. The Federal debt, as a percent of our economic prowess right now, is decreasing because we are growing the economy. What we are spending in this bill causes more economic growth. That is a good thing. What the other side is not talking about is that there are a lot of free riders in our country, and they are not paying their fair share of revenues into the Treasury. We have to talk about that side of the budget, too. There are a lot of people who are what I call free riders. We are paying for them.…”