Political Quotes

“Mr. President, there is a simple reason we are all talking about the debt limit increase. It is the fact that this President has spent more money than I ever believed would be possible. So far, he has spent over $10 trillion in 3 years, and next year, if he has his way, he will spend another $3.5 trillion. I remember so well back during the Clinton administration--I think it was 1995--I was outraged. I came down to this podium. I said: Can you believe a President has a budget of $1.5 trillion? And this President has spent $10 trillion in this short period. If he had not spent all of this money, then we would not be here talking about a debt limit increase right now. I hate to sound so partisan about it, but it is truly a partisan issue. The Democrats have supported his spending, and the Republicans have not. The Boehner plan we are going to vote on--they are going to vote in the House today, and I think we may have an opportunity to vote here later on tonight--may not be perfect. None of the stuff around here is perfect. But it is good. It has dramatically improved over the last 12 hours. It allows the debt limit increase but only after we significantly cut spending. Never before have we tied--in the history of this country--a debt limit increase to spending cuts, but it is something we have to do now that we are so far into this mess. The first step to this plan cuts spending by over $900 billion in exchange for a $900 billion increase in the debt limit.…”