Political Quotes

“You are trying to explain it about the amount of money we are borrowing per family or taxpayer per second. Yet, to put it in stark terms, what we are talking about with the debt and the deficits, what it really means is the inability to afford a house for the average American, right, because the impact that flows from it is, as you alluded to, higher interest rates, an inability for the Fed and for Congress to continue to borrow and print money because of what you are describing worldwide. The ability to have people to buy, our debt goes down. The cost of debt is going to go up, the interests are going up, inflation is going up, and the average American family is going to take it on the chin. That is what we are talking about. The reason I bring that up is because our colleagues, as you point out, run around here saying: I need more money for the program. I need more money for--fill in the blank. I need more money for Medicaid. I need more money for SALT. Why? It is because they feel like they have a political interest in doing so. I am sure the gentleman had, like I did yesterday, the farm bureau coming into your office and needing help. Guess what? I understand why they need help. It is because we, the Federal Government, have messed up their lives quite vociferously.”