Political Quotes

“Right, and it passed months ago. We all talk about the jobs impact, the Warren Act notices that are going to go out, and all the uncertainty created by not knowing what the impact of this is going to be, but the House of Representatives passed a budget months ago which spelled out in clear detail how they would avoid these Draconian cuts to the national security budget, replaced them with alternatives by finding reductions in spending in other areas of the budget, and put a budget out that actually accomplished that objective and avoided what we all know is going to be a disaster and a train wreck at the end of the year. So what happens? The Senate--the world's greatest deliberative body-- doesn't pass a budget for the third year in a row. Here we are, at the eleventh hour, less than 4 months away from when this would take effect, with defense contractors sending out pink slips to employees in the very near future, and the Senate has done nothing to avoid what we know is a very predictable crisis. Everybody knows this is coming. The Congressional Budget Office is predicting it, the Federal Reserve is predicting it, outside analysts are predicting it. Everybody knows the combination of tax increases on January 1 and the dramatic cuts in the Defense Department are going to take the country into a place economically that we don't want to go. In most cases, according to the CBO, they have said it is going to take us back into a recession.…”