Political Quotes

On the recordMarch 24, 2010
I wish to thank the Senator from New Hampshire who I think has offered extraordinary leadership on this issue and on the issues regarding our country's huge amount of indebtedness. As does Senator Gregg, I find it hard to believe that we are taking over $500 billion in savings from Medicare, as he just mentioned, to leverage a new entitlement when we know that Medicare itself has a $37 trillion unfunded liability. As he mentioned, we go further by not even dealing with this doc fix which he was just discussing. I look forward to his amendment, I look forward to supporting it, and I thank him for his leadership. I wish to speak today about unfunded liabilities. I was the mayor of a city. I know the Presiding Officer served in the general assembly in the State from where he comes. I was the commissioner of finance for our State where we dealt with all of our financial issues for the State of Tennessee. I know Senator Gregg was a Governor. One of the things that I think bothered all of us who used to serve at the city and State levels was unfunded mandates.
Said by
Bob Corker
Republican · Tennessee

Editor's note · Context

Corker addresses concerns about unfunded liabilities and the impact of federal mandates on state finances.

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