Political Quotes

On the recordJune 29, 2006
Thank you, Mr. Ross, and I am delighted to be here and delighted that this hour is being devoted basically to common sense. You know, when I was growing up in Tennessee, my parents basically taught me three things about financial responsibility: one was live within your means; two was to pay your debts; and three was to invest in the future, whether it was for your retirement or your kids' college or whatever. But those were three pretty good financial guidelines, I thought. Live within your means, pay your debts, pay who you owe, and save enough to invest in the future. Unfortunately, this government of ours, all of us, we are not doing any of those things. We are not living within our means, not paying our debts, and we are certainly not investing in the future. I have been so frustrated because, for the last 3 years, anyway, along with Congressman Ross from Arkansas, some of us have been talking about the consequences of what is going on here. Unless one can figure out how to repeal the laws of arithmetic, folks, I am telling you, this country is getting in deeper and deeper financial trouble. To give you some idea, in the summer of 2002, on the same tax base we have in the summer of 2006, there is now $60 billion less of the money that Congress takes away from the American taxpayer involuntarily in the form of taxation and appropriates to any administration.…
Said by
John Tanner
Tennessee

Share

More from John Tanner

Jan 13, 2010

This Sunday, Ukrainians will go to the polls to elect a new President. The successful conduct of these elections is important to our country, the United States. As Vice President Biden said during his visit to Kiev last summer, ``we…

govinfo.gov
Jul 21, 2010

Thank you, Mr. Chairman. I guess this probably symbolizes as much as anything what's wrong with Congress. Here are people who get up and say this is a good bill that's good for job creation in this country, it had been bipartisan for 30…

govinfo.gov
Dec 11, 2007

The PAYGO rule, as we have here now as Mr. Ross pointed out, is basically what all of us do in our private lives. We live within our means. We pay our bills, and we hope we have some left to invest in the future. This government has done…

govinfo.gov
Mar 12, 2008

we have seen, as Mr. Boyd pointed out, an unprecedented amount of borrowing take place since 2001. No political leadership in this country has borrowed as much money as quickly as we have seen over the last 80 months or so. That's just…

govinfo.gov

Other voices in this conversation