Political Quotes

“the lead story in today's Wall Street Journal really tells it all: ``Seeing Red: As Budget Deficits Loom, Many Promises, Programs Could Suffer. Social Security Is Vulnerable as Huge 10-year Surplus Contracts by $4 Trillion.'' Yes, an unprecedented 70 percent of the estimated surplus has evaporated in less than a year. It is true that the two Republican budget offices, one here in the House and one at the White House, cannot agree on exactly how deep a hole Republicans have dug. But I can tell you, even using Arthur Andersen accounting, this hole is a whopper. Our Republican colleagues have ``stimulated'' little more than red ink with their huge tax breaks designed for certain privileged corporations and the wealthy few. What a difference those huge tax breaks have made. They have not stimulated anything except red ink. Now when they have dug such a deep budgetary hole, it is time to stop digging, instead of offering more and more corporate tax breaks, as our Republican friends persist in doing this year. Let us at least stop that digging downward, embrace some fiscal restraint and begin climbing out of this budgetary hole before Social Security is wrecked and we reach the point of economic ``no return''.”