Political Quotes

On the recordOctober 4, 2017
Mr. Chairman, I rise today in opposition to this proposed amendment to the budget resolution. I think it is very important, when discussing spending such as suggested before us, to remember that we do not live in a fantasy world. We live in a world where resources are limited. We have to make difficult choices. These are the same choices every family makes with their budget every day of the year. Currently, our national debt rests at over $20 trillion. The entire U.S. GDP in 2016 was only $18.57 trillion. Should we continue to spend money that we don't have without restraint? This proposal never balances. It does raise taxes, though. With the tax increases in this proposal totaling $3.9 trillion, one would expect this budget to balance. What this does do is add over $1 trillion in new spending. What is another trillion when you are only $20 trillion in debt? I challenge the supporters of this proposed budget to research the potentially catastrophic impacts of defaulting on our national debt. We are saddling future generations with an unsurmountable burden. When our grandchildren and children look back on what we have done here, do we want this work to be that we left our country broke? I don't think so. Mr. Chairman, I urge my colleagues to not kick the can down the road and to not pass this proposed amendment.
Said by
Ralph Norman
Republican · South Carolina

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