Political Quotes

“Madam President, we had a debate earlier on this. This is the Dollar-for-Dollar Deficit Reduction Act. It makes all the sense in the world. Here we have a $16 trillion national debt, now exceeding $130,000 per household in America. We are told by the Congressional Budget Office that there is $9 trillion more coming over the next decade. We have to make this difference here on this bill. We have to take this opportunity to ensure that we are, in fact, beginning to reduce spending, getting this under control, as we once again are asked to extend the debt limit. This would not apply to this particular short-term debt limit, by the way; it would set up the discipline for the next debt limit, which is anywhere from 3 to 6 months from now. Now is the time for us to come together as Republicans and Democrats and determine how we indeed reform the entitlement programs, put tax reform in place, go through regular order in the Finance Committee, as the chairman and others have called for, to ensure that we can get this under control. It is a commonsense proposal. We did it 2 years ago. Most Democrats and most Republicans here on the floor supported it in the past. About 95 Democrats in the House have also supported it. It is a dollar-for- dollar reduction over 10 years as we raise the debt limit. The PRESIDING OFFICER. The Senator's time has expired. The Senator from Montana.”