Political Quotes

“it is foolish and irresponsible to propose increasing the deficit as part of a plan to balance the budget, but that is exactly what the Republicans want to do. Their much touted 6- year budget plan will order the Congress to borrow $17 billion next year in order to pay for 1 year of tax cuts, tax cuts that in the end will cost $175 billion in just 6 years, even though the Republicans only have enough to pay for $124 billion. Are we not supposed to be cutting the deficit? Every year we fail to balance the budget we add to the growing national debt. The nearly $5 trillion debt sops up national savings, leaving increasingly less money for private investment, new equipment, technology, and worker training. Balancing the budget involves some very difficult choices. We just passed a defense authorization bill this year that added $13 billion to what the Pentagon asked for. Last year we added, that is right, we added $7 billion to what the Pentagon asked for. We have tough choices to make. How about the $200 billion we could save in corporate welfare over a 6-year period if Republicans would forget about the special interests and really try to make the tough decisions to balance this budget? The short-term consequences of expanding free trade pale in comparison to the long-term effects of a growing national debt, lower wages, a poorly trained work force and lagging economic growth.”