Political Quotes

On the recordFebruary 18, 2011
I want to briefly begin by thanking the Appropriations Committee. I understand the nature of what has been happening here, the size of the taxpayer savings that we have seen over the last 3 days. But I rise because the debt and the deficit problem facing our Nation are greater than I think most people in this room understand, and certainly most people back home understand. The circumstances demand that we go just a little bit further than we have and that's what this amendment does. It goes just a little bit further. It takes non-defense discretionary spending back to 2006 levels instead of 2008. That represents an additional 3 percent savings, which on the one hand doesn't sound like that much, but on the other hand actually saves $134 billion of the $900 billion worth of deficits that we will incur between tomorrow and the rest of this year. Folks have asked me why I have done this, why I have waited 3 years to do it, why we are here at 1 o'clock in the morning to hear this amendment. I am doing it because I feel that most of the folks don't grasp the size of the difficulty. I know that most of the folks in my district don't grasp it yet. And I have been struggling with how to explain to people exactly what a $1,600 billion deficit means and a $14,000 billion debt. This chart, I think, does it better than anything else. This chart is something that we put together using Congressional Budget Office numbers from the base line.…
Said by
Mick Mulvaney
Republican · South Carolina

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