Political Quotes

Tim Ryan: “Just to clarify that, we are running an $83 billion deficit just for one month, just for the month of November, which…”

On the recordDecember 13, 2005
Just to clarify that, we are running an $83 billion deficit just for one month, just for the month of November, which means we do not have the money; we are not taking in the money to pay out the bills, and we have got to go and borrow the money. And this $83 billion that the gentleman from Massachusetts was talking about, we are borrowing it from China. We are borrowing it from Saudi Arabia. We are borrowing it from Japan, and we have to pay interest on it. So we are running up a tab here for the next generation that is not fair. And we are doing things to the next generation, our generation, our generation, that we are going to eventually have to pay the bill.
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Tim Ryan
Democratic · Ohio

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