Political Quotes

“this rule embodies a fundamental principle of responsible stewardship of this country, and that is to live within our means and pay our bills. There are some folks around here who apparently don't believe the laws of arithmetic apply past the steps of the Capitol or the front door of the White House. Well, they do. And there's some who've said deficits don't matter. Well, if that was true, we'd just borrow what we need to get along and forget about it, not have any Tax Code at all. Everybody knows that that is ludicrous. What we have witnessed over the last 72 months is something that has not occurred in the history of this country since 1776, and that is the willful and knowing plunge into debt by our continued refusal to pay our bills. When they say we can pass the AMT fix and we don't have to pay for it because it was never intended on these folks, and therefore, it doesn't exist, if I said that in Tennessee, they would say that fellow's been in Washington too long; we've got to get him home. That is absurd. The arguments to justify borrowing more money right now for all future generations plus us, to me, are the worst of political rhetoric. Somebody's going to pay this bill. We have asked the CBO, and they say if we don't pay for it, instead of $50 billion, with the interest carry, it will be $80 billion. And so it's not unlike a credit card, and we have a Nation's credit card here. I think we are looking at warning signs all over the world.…”