Political Quotes

“Mr. President, I echo the comments of my colleagues from Nebraska and Indiana who have expressed their support for the cut, cap, and balance approach to dealing with our debt crisis. It had 234 votes in the House, and it is the only plan out there. As my colleague from Indiana said, the Democratic leadership in the Senate has yet to produce a plan that will meaningfully deal with the greatest crisis our country has faced in my service in the Congress; that is, this massive, out-of-control debt the Senator from Nebraska pointed out which could lead to much higher interest rates along the lines of what we are seeing in some of the European countries, which would absolutely crush this economy. If we are serious about growing the economy and creating jobs, we have to get Federal spending under control. We need a smaller Federal economy and a larger private economy. What has been happening since this President took office is that we continue to grow government. We have added 35 percent to the debt. Spending has increased by 24 percent--non-national security discretionary spending--at a time when inflation was 2 percent. Federal spending has been growing at 10 times the rate of inflation. The number of people receiving food stamps has gone up by 40 percent. The unemployment rate is up by 18 percent, and 2.1 million more people are unemployed today than when this President took office.…”