Political Quotes

On the recordMarch 26, 2010
We have a huge debt at the moment. I think if you look at the major contributing factors of that debt, they would include tax cuts that were unpaid for, supported strongly by the Republicans, which went dramatically to the richest Americans, and two wars that have been unpaid for. In fact, I think in a few weeks we are going to have to consider another supplemental Defense budget which at this point I do not believe is paid for and which I do not feel will engender any objection by the Republican side. It will include, given the nature of counterinsurgency operations, monies that will be used, ironically, to help develop productive jobs and build clinics and do things our soldiers must do to secure the peace in Afghanistan and Iraq. Yet at the same time we can't find that kind of money here without on offset to help Americans. So there is a question of priorities. There is a question of the deficit. Again, repeating something my colleague said, I too recall when we had a surplus. That was under the leadership of President Clinton. There were tough votes by my colleagues and myself. That surplus has dissipated. We are now in a severe situation with the deficit. The compelling priorities of Americans who need to work and can't find it yet are extremely persuasive and should be responded to by the success of the bill.
Said by
Jack Reed
Democratic · Rhode Island
Source
govinfo.gov
Mar 26, 2010

Editor's note · Context

The speaker addresses the national debt and its contributing factors, emphasizing the need for prioritizing American jobs.

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