Political Quotes

“Madam President, at long last today we have received the President's budget. It is several weeks actually months--overdue. It was supposed to have been out on February 4. It is generally used to steer or guide the budget debate we have in Washington, DC. In this case, it is going to be a reaction to. It is going to be an after-the- fact discussion of the budget, as the House and the Senate have both passed theirs; the Senate for the first time in 4 years and the House has passed their budget every year on time. One would wish the President's budget would serve as a bridge between the House and the Senate. In this point of the process it is so much after the fact and late in the game the President's budget has come to us. Regrettably, much of the President's budget is going to rely on the same formula the Senate Democratic budget did, which is to double down, to increase spending, significantly and substantially raise taxes, and add massive amounts to the debt. It never balances. The budget which was passed by the House of Representatives did balance. It balanced in 10 years. The budget which was passed by the Senate did not balance in 10 years. It never balanced. There was a real contrast in terms of trying to get to a balanced budget over a period of time, knowing full well it will not happen overnight. We got into a very big hole over a number of years, and it will take us a while to get out.…”