On the recordJanuary 29, 2007
What I think is an important point here is that we could have come in and not passed the pay as you go. We could have done the irresponsible thing. And everyone says, well, the Democrats are controlled by all these interest groups. Well, we could have been irresponsible and said this interest group is going to get this and this one is going to get that, and we will borrow the money from China, as Mr. Meek had the chart up, and we would pay everybody back. I am telling you, Madam Speaker, she is great. We are doing the right thing. We could have done the easy thing, and we could have paid everybody back and made increases that were irresponsible because we would have continued down the charts where we are borrowing the money from China, paying the interest. They are taking that money, investing it back in their economy, buying submarines and everything else. But we did the right thing. So we have got to take the hit now, but the long-term economic interest of the country is going to be much better off.
Source
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