Political Quotes

“Mr. President, this week, the House is expected to vote on legislation to begin to rein in Congress's out-of-control spending and avoid a debt default. As the American people know, this is a critical task that has become more urgent by the day. The United States hit its debt limit, basically maxing out on our national credit card. We maxed out on our credit card in January, and the Treasury Department has been using what they call ``extraordinary measures'' to prevent the government from defaulting on its debt. Because it depends on how much revenue is coming in the front door from taxes, we don't know exactly when these measures will be exhausted, but experts say it could happen as soon as June, which is only 1 month away. So clearly it is time to get serious about solutions. From the beginning of this discussion and debate, two things have become abundantly clear: One, default should be avoided at all costs. This is something that Republicans and Democrats both agree to. Our economy is still stabilizing from the uncertainty caused by the pandemic, our banking system has endured two high-profile collapses, and inflation continues to wreak havoc on family budgets. The latest RealClearPolitics average for the Biden administration's handling of the economy says that only about 37 percent of the American people believe President Biden has done a good job on the economy.…”