Political Quotes

John Spratt: We have come a long way from 1992 when the deficit, even with a large surplus in Social Security, was $290 billion and…

On the recordOctober 28, 1999
We have come a long way from 1992 when the deficit, even with a large surplus in Social Security, was $290 billion and headed up. We passed three budgets to reverse that course... But how can you help but denigrate what this budget before us represents? Because what it does is make a mockery of the discretionary spending ceiling. The discretionary spending ceiling for this year, according to CBO, is $580 billion in July, $579.8. We are $30 billion over that particular limit... You can do that if is a genuine emergency, but the Census, an emergency? $4.4 billion? Spare parts, POL for the Army, an emergency? Give me a break. We are trashing the rules, the disciplines, that have gotten us to where we are in doing this.
Said by
John Spratt
South Carolina

Editor's note · Context

Discussing budgetary discipline and spending limits during a floor speech.

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