Political Quotes

“I thank the Senator. I very much appreciate the Senator from Illinois yielding for a question. If the Senator would not mind a series of questions, the first question has to do with, I guess I would say the sense with which we on this side of the aisle should receive the protestations of intense concern about the deficit that come from the other side of the aisle, and it relates back to when the previous Republican administration first took office. As the Senator from Illinois mentioned, the last Democratic administration left an annual budget in surplus and a nation that had a $5 trillion debt. But my recollection is that in addition to a nation in annual budget surplus, what President Clinton also left the Republican administration that followed was a budget trajectory projected by the nonpartisan professional Congressional Budget Office to eliminate the national debt of the United States of America. We would be a debt-free nation if the Democratic policies of President Clinton had been followed according to the nonpartisan, professional Congressional Budget Office. If I additionally recall, there were actually economic debates that were provoked by that, wondering whether it was actually a good idea for the Nation to be, for the first time since President Andrew Jackson, debt free.…”