Political Quotes

“I would ask that every young person under the age of 35 years old in this country listen to what I have to say. We are almost $6 trillion in debt as a Nation, as a people, we owe. That is 16 percent of the money that comes here every year. That means we have a 16 percent mortgage on this country. The President has submitted a request to the Congress for authority to borrow another three-quarters of a trillion dollars. That is another $750 billion. The administration has submitted a budget that is not balanced for the next 10 years. If there ever was a recipe for financial disaster, if there ever was a generational mugging going on in this Congress because we will not cut spending or raise the money that we need to finance the war and other things that we want today, then let me just say to all of you young people, under these policies, you are going to be overtaxed the rest of your lives because you are going to have to pay 16 or 18 percent interest before you ever get to what you need in your day when it comes.”