Political Quotes

Joe Cunningham: let us talk about those piggy banks. The gentleman from Missouri and his statements, I would like to speak directly to…

On the recordMarch 31, 1998
let us talk about those piggy banks. The gentleman from Missouri and his statements, I would like to speak directly to those. First of all, for 30 years, Democrats controlled this Congress; and the debt has soared, where we pay over a billion dollars a day on just the interest. That is before law enforcement. That is before education. That is before anything that we want to pay for. The liberal Democrat leadership was against a balanced budget because that limits their ability to spend. They were against a tax relief for working families. They were against welfare reform. They just wanted to spend more money for it. Who has to pay all of those extra costs for not having a balanced budget, for not having tax relief? They increase taxes and they put increase on Social Security tax. They cut veterans and military COLAs. They increase the tax on working families. So the record is very clear. But who is going to pay for that? We had a D.C. bill where we would waive Davis-Bacon to pay for 60-year-old schools. The word 'children' was mentioned, but do we think the leadership would waive Davis-Bacon that saves 35 percent to build schools in Washington, D.C.? No, because they are tied to their union brothers. It is 35 percent savings. Again, who has to pay for that 35 percent? Working families and senior citizens. Alan Greenspan has told us that we cannot bust these budget caps because the interest rates right now are between 2 and 8 percent lower.…
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Joe Cunningham
South Carolina

Editor's note · Context

Addressing fiscal responsibility and the impact of Democratic policies on the national debt.

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