Political Quotes

“I yield myself such time as I may consume. Listening to my colleagues, I'm reminded of that old saying that Washington, D.C., is 10 square miles surrounded by reality. Let's talk a little bit about the definitions we use for cuts. First of all, the Government will spend more money this year than it did last year, just as last year it spent more money than it did the year before. We're not cutting anything. We're slowing down the rate of growth. In parts of the budget there are real cuts. But in terms of overall spending, it's ever and ever higher. According to the much quoted, much loved Congressional Budget Office, this year we will have the highest level of income for the Federal Government in history. In the history of the United States, we will have more money to spend than we have ever spent before. And yet that same CBO estimates it will run a budget deficit if we keep sequester, if we allow the revenue that occurred in January of over $850 billion. Now at some point you have to reconcile the highest level of income and an $850 billion deficit. We don't have a revenue problem here; we have a spending problem of historic and massive proportions. This is one small step in the right direction to try and get that under control. We look forward to what our friends in the Senate do. We look forward to what the administration does.…”