Political Quotes

“Mr. President, I stand today and urge my colleagues' support for my amendment to this bill. I appreciate the eloquent arguments made by my friend and colleague, the Senator from New York, a moment ago. She is correct to point out that people have suffered as a result of this storm. My heart goes out to them. Anytime my fellow Americans find themselves in a position of need, we want to address that situation very carefully and make sure we do the right thing, make sure people are not overlooked. As we do that, and especially as we do something such as that in the way we are being asked to do it here, we must also consider how our actions here might have other implications down the road. We have to stop and consider that we are more than $16 trillion in debt and we are adding to that debt at a rate of more than $1 trillion every single year. The amount of money we spend in interest on our national debt now stands at a little over $200 billion a year and is expected to grow significantly in the next few years, such that by the end of this decade--perhaps much sooner--we are likely to be paying close to $1 trillion a year just to pay the interest on our national debt. It is because of considerations such as these that we put in place certain spending caps, in connection with the Budget Control Act, in the summer of 2011.…”