Political Quotes

John Spratt: for the record and for clarity, we only got this document minutes before coming to the floor. It is hundreds of pages…

On the recordApril 10, 2003
for the record and for clarity, we only got this document minutes before coming to the floor. It is hundreds of pages long; but if you turn to about page 70, you will see just for clarity our debt limit now is $6.4 trillion. Vote for this resolution and you will raise that to 7.384 trillion, 984 billion in 1 year. Over the next 10 years, the deficits entailed by this budget resolution will require the debt ceiling to be raised to $12.040 trillion. Those are your numbers in your resolution, and that is what you will be voting for if you vote to adopt this budget resolution.
Said by
John Spratt
South Carolina

Editor's note · Context

Discussing the implications of a budget resolution on the national debt limit.

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