Political Quotes

“I do not believe the people of this country realize just how bad things are financially. The governing majority here in the House took credit for balancing the budget when President Clinton was in the White House, and since the time that President Bush took the oath of office, they have set out on a fiscal plan that has so far borrowed $1.1 billion a day every day that we have had a one-party government in this country. With this debt increase, that figure is going to move to $1.7 billion a day. So far this fiscal year, the government, the governing majority here, has borrowed and we have paid interest on, or so far this year we have paid interest of $100 billion in the 7 months of this fiscal year. That is $14 billion a month, $475 million a day, and $20 million an hour. We will have paid interest, by the time this debate is over, of $20 million. We, me, them, him, our children, our grandchildren are paying $330,000 a minute in interest just now. Right now, since I started talking, we have been writing checks of almost $330,000, or $5,500 a second. The United States Treasury each day prints currency with a total face value of about $696 million. At that rate it would take 10,201 days, or 28 years, just to print enough money to pay off the national debt.”