Political Quotes

“Mr. President, we had a number of Senators come to the floor over the last couple of hours talking about some of the problems that we face as a country. They are real, they are serious, and they are being made more severe still and more severe than they need to be by virtue of the step that the Senate is, I fear, about to take. When we extend the debt limit without any plan as to how you are not going to be back in the same position in just a few more months and you are raising it or, as we have been doing it lately, just suspending the debt limit, you are creating sort of a debt limit Mardi Gras, an era in which any amount of additional borrowing is permitted during that period. It becomes especially dangerous during times like this one, where we are spending not just to the tune of billions, not just to the tune of hundreds of billions, not just to the tune of a trillion more than we take in, but to the tune of many trillions more than we take in each and every year. That is what is hurting poor and middle-class American families. It is a reverse Robin Hood that is so perverse. It is a reverse Robin Hood effect. We are effectively borrowing--stealing from the poor and giving it to the rich and well connected, and we are giving the praise that accompanies it to the politicians who clamor for attention as a result of other people spending other people's money that other people will have to work for to earn back and to pay it back.…”