Political Quotes

“I thank the gentleman for his wonderful comments outlining the problem that we are faced with here. It sounds like we are up here criticizing the administration--and certainly we are--but it is far beyond that. I think to address a problem, whether it seems like an abstract problem or something that will happen in the future--to address the problem we must first understand it and recognize that the problem exists. The policies of this administration do not seem to understand that there is a real crisis up ahead if we don't take steps now to change the trajectory. Madam Speaker, I have a chart here beside me--and a few of the other speakers have mentioned this tonight--the amount of spending that this administration has incurred above the $4 to $5 trillion that we spend in the Federal Government every year--this is an outline of the major policies, starting with the American Rescue Plan and on and on. Student debt is the most recent. $4.8 trillion in less than 2 years in office-- $4.8 trillion. It seems like the response of this administration to every problem is just to throw money at it, and it is money we don't have. The response is to print money and to take money to spend the money of our future generations. He did this with the American Rescue Plan--$1.9 trillion. At that time, Democrat economist Larry Summers said that was the worst macroeconomic policy and a mistake that would end in double-digit inflation. He ended up being exactly right on that.…”