Political Quotes

“My friend is certainly correct, I voted against the Infrastructure, Investment and Jobs Act, and I did so for a very good reason. It didn't pay for itself. There have been three previous transportation bills in my time here, two under President Obama. I voted for those because they paid for themselves. My friends worry about rising costs. They should worry about rising costs. It is their reckless spending that sparked the worst inflation in 40 years and the highest interest rates in 20 years. When they are concerned about housing costs, just look in the mirror. That is not just me saying that. Go back and look at all the Democratic economists that criticized the passage of the so-called American Rescue Plan where my friends injected $1.9 trillion into the economy at a time when we were growing at over 6 percent and rapidly recovering. We do have problems with what it costs. Nobody in my son's lifetime-- he is 41 years old--ever paid 8 percent interest rates, but my friends got us there. It didn't take them long to do it, either. The record deficits we are running are why we are having to make some of these reductions. The income to the Federal Government is actually higher than it has been in quite some time. It is higher on a percentage basis, it is higher in actual totals, but you can't continue to spend at these rates. That is what caused inflation. That is what drove up housing prices.…”