Political Quotes

“That is my amendment as well. Thank you. Yesterday we defeated, by a vote of 51 to 46, actually smart financial management that would have paid for all the costs for the next 60 days for the unemployment insurance. What we were doing was utilizing money that we are already paying interest on that is sitting, not being used, by taking a portion of that to pay for this so that we don't go and borrow another $18.2 billion. The wisdom of the Senate said, no, we don't want to do that. We are going to have today two other opportunities on a way to finance that. This amendment basically takes the agreed-to tax loophole, which we agreed to before we left for the spring work period, and adds to that half as much of the financial management money that I recommended we do yesterday and the amendment was defeated. So we have about $9.5 billion worth of tax loophole closures that we have already agreed to in this amendment and $20 billion, which will save $10 billion in terms of the way CBO scores it--it is ridiculous the way they score it, but in terms of the way they score it, we have to move $20 billion so we can save $10 billion. The point is that we get an option: we can borrow another $18.2 billion to pay for this or we can take money we are already utilizing very inefficiently and pay for it. We are going to choose not to do it again, and we will probably get another 46 or 47 votes.…”