Tim Ryan: “I apologize to all of the sailors out there. But clearly, there is no concern for these budget deficits that we are…”

“I apologize to all of the sailors out there. But clearly, there is no concern for these budget deficits that we are running, putting our country in a position of weakness with some of our foreign competitors. So I think it is important that the American people just at least see the duplicity of some of the comments that we are getting here today, a party that was clearly for fiscal responsibility. I have to be honest with my colleagues. When I go back home, and I live in a pretty strong Democratic area in northeast Ohio, I am running into more and more Republicans that are very, very frustrated with the behavior of the Congress and the President running these deficits, because they have always been fiscally conservative. That has been a cornerstone of the Republican Party for many years, and now, they are looking and saying, wait a minute. And here we are as Democrats trying to put in the PAYGO provisions, that if you provide tax cuts or any kind of spending increases, you have to pay for them. And I think we have evolved as a Congress over the last 10 or 15 years, and we recognize how dangerous these deficits are. But a Republican House, a Republican Senate, a Republican President, $600 billion deficit, unending war in Iraq, borrowing from Social Security, borrowing from the banks in China; very, very dangerous proposition.”