Political Quotes

“Our Nation is $20 trillion in debt, and there might be $100 trillion or $200 trillion in unfunded liabilities. I am not sure we really know what the answer is there. But we have got to find a way to reduce our spending and make sure that the things we are paying for are worthy and that we are getting something--we are actually getting what we are paying for. I am offering an amendment to H.R. 3219 to reduce the appropriations to the Congressional Budget Office by 50.4 percent. We all know and agree the Congressional Budget Office is tasked with determining the budget and economic impacts of proposed legislation which are critical to our everyday decisions. Oftentimes, they are late, and, unfortunately, too often they are woefully incorrect. I don't mean to impugn the fine people who work at the CBO, but something is amiss. If we keep on accepting it, how are we ever going to get our policy right? The CBO's fiscal analysis is consistently incorrect, and, as a result, has detrimental implications on a variety of policies. This amendment reduces the CBO's fiscal year '18 appropriations by 50.4 percent which just happens to be the exact same percentage that the CBO was off when it predicted the enrollment numbers for the Affordable Care Act exchanges in 2016. In 2010, the CBO projected that 21 million people would enroll in the exchange plans by 2016. The actual enrollment was about 10.4 million people. That is an error of 50.4 percent, Mr. Chairman.…”