Political Quotes

“Mr. President, we have a debt ceiling for a reason. It is not completely arbitrary. It is not just made up. It is not something that someone came up with for their own amusement. No. When the sheer numeric volume, the quantity, the amount of our national debt ceases to cause panic; when the principle of jeopardizing our children's future loses effect; when the sacrifice it would cost taxpayers to pay the debt becomes laughably large; when all else fails, Congress sets a cap and says: Here, here, here. We have to think about this. We have to think about this debt problem. There is a reason why we have that. They are sound reasons rooted in logic, rooted in mathematics, rooted in the inevitability of our own future if we don't control the way that the Federal Government spends money. Now, nearly half of the Members of this entire body--almost the entirety of the Senate Republican conference--wrote a letter almost 2 months ago, saying that we would not raise the debt limit. We committed that we were finally going to make a change for the sake of families back home and generations still unborn. We were going to make a change to rein in reckless spending. Now we are faced with more spending and more debt than our country has ever seen before. Our debt-to-GDP ratio has now reached a staggering level of 125 percent.…”