Political Quotes

“I thank the gentleman. Madam Speaker, I rise today to state the obvious, that the Federal Government still spends too much and it borrows too much. President Obama has asked the Congress to raise the debt limit by $1.2 trillion. Let's put this number into perspective. There are 83 million families in the United States. So what the President is really asking is for every hardworking American family to mortgage an additional $14,450. While middle-class Americans are struggling, the President has requested to pile more and more debt on top of hardworking taxpayers. Americans are tired of hoping that their lawmakers will come together and find commonsense solutions to a very serious problem facing our Nation. Our national debt stands at over $15 trillion. Our outstanding debt totals 100 percent of our Gross Domestic Product. Our credit rating has been downgraded. Medicare will be bankrupt in 9 years, and Social Security faces insolvency. The time for hope is past. We must act. America simply cannot wait. We got into this mess because of a decade of budget tricks, accounting gimmicks and empty promises. We did not get into this situation overnight, and we certainly cannot get out of it overnight. But the fact is, we need a commonsense budget and a Federal Government that is efficient and effective, not one that wastes money of hardworking taxpayers.…”