Political Quotes

“Last week in my hometown, thousands of families experienced their first week of a 3-month cut in pay. These hardworking families aren't unaware of our Nation's fiscal problems. We all see that our Nation is rapidly approaching $17 trillion in debt. But a few years ago, Washington denied that this path would lead us the way of Europe and we would not experience pay and benefit cuts to solve our problems like Europe has. Well, here we are. Families are living on much less today as a direct consequence of government overspending for so many years and the mandate to get our economy back in balance. In the past 3 years, Federal spending has been reduced, taxes have gone up, and the economy has actually experienced some rebound; but we're still overspending almost $700 billion a year, just this 1 year. That's down from $1.5 trillion in overspending 4 years ago, but it's still $700 billion in new debt that our Nation will take on this year. We have to deal with the economic realities that we currently face because the spreadsheet where we see the negative numbers, those numbers represent families and people that face the negative consequences of our inactivity. The GAO has identified multiple areas of government redundancy that waste money and where we fail to get the job done, but we seem to just nibble at the edges of fixing what is obviously in front of us.…”