Political Quotes

“as we conclude the discussion on the budget, I wanted to come to the floor because there is a significant feature in America's fiscal picture that affects this budget considerably but has not really gotten the attention it deserves; that is, the debt of the United States of America that has been run up by President George W. Bush. It is a frightening legacy, really, because of the weight, the fiscal burden of it that will weigh on our children and our grandchildren. If I may, we calculated the Bush Debt at $7.7 trillion, and we did it this way. We took the projections for the U.S. budget on the day George Bush took office, which projected that we actually would have no debt left at all in our country by as early as fiscal year 2009--and, indeed, there was economic debate among America's leading economists wondering if it is really good for our country for America to be completely debt free.”