Political Quotes

“I guess that there is enough hot air that comes from this place to float any balloon, and I wish I was making up what I am about to say. But if you go to the www.publicdebt.treas.gov, you will find the things that I am about to say are there on the government Web site from the United States Treasury. The record is simply this. In 2002, this Congress raised the debt ceiling by $450 billion. In 2003, by $984 billion. In 2004, by $800 billion, and in this budget reconciliation process, there is another $781 billion of debt increase, amounting to $3.01 trillion, all of which is done in the last 4 years. Now, I speak tonight as an American. We only have one dollar. We only have one Treasury. And for either party to claim some sort of mantle of financial responsibility here is absolutely ridiculous. No American political leadership in the history of this country has borrowed as much money as quickly as this Congress and this administration in the last 4 years. This is not an argument. This is fact. Go to www.publicdebt.treas.gov if you do not believe me. And what this means to us as Americans is in 2000, we had $50 billion a year out of the tax base that was available for education, for health care, for veterans. It is not available now because it is going to interest.…”