Political Quotes

On the recordJanuary 18, 2012
I thank my colleague, and thank you, Mr. Speaker. I want to follow on to what my colleague said in his opening remarks about trying to get your hands around how big $1.2 trillion is. It's one of the things I struggle with. I know it's one of the things that my folks back home struggle with. So I look at it in a different fashion. If you are a family that is making $46,000 a year, which is just under the average household in the United States, this is the equivalent of borrowing an additional $14,000, which might not sound that much until you stop to realize that if you were that little family making $46,000 a year, trying to borrow an additional $14,000--which is what we're doing today--you also owe $305,000 on the credit card bill. You owe $305,000 on the credit card bill, and you are trying to borrow another $14,000. It raises the question in my mind, Mr. Speaker, a fairly straightforward and honest question: Does the President really ever intend to pay it back? Seriously. I think that is a legitimate question to ask. If someone came to me and said, ``Would you loan me an additional $14,000?'' and I knew that you already owed $305,000, I think asking that person a legitimate question would be to say, ``Do you ever really intend to pay it back?'' And if the answer is, ``Yes,'' which I assume it is, my question then would be, ``Well, when?'' Because you offered us a budget last year, Mr. President, that never balances, ever. We've heard a lot of nasty things today about Mr.…
Said by
Mick Mulvaney
Republican · South Carolina
Source
govinfo.gov
Jan 18, 2012

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