Political Quotes

“I think that is right. We are talking about, is this a huge reversal from what we got just 2 months ago because it did not address Medicare, Medicaid, Social Security that now we hear he might be addressing. The Senator mentioned the debt commission. They spent most of the last year studying and hearing experts, becoming exceedingly concerned about the future. Mr. Erskine Bowles, who was chosen by President Obama to head that commission, when he first saw the President's budget, said: It is nowhere near what is necessary to avoid a fiscal nightmare. This is really serious. The budget the President submitted here was rejected by his own Chairman, saying: It is nowhere near what is necessary to avoid a fiscal nightmare. Since then, he has followed up to say: This is the most predictable crisis the Nation has ever faced. He said: Not just for our grandchildren, it could impact us now. So I ask the Senator: Don't you think, if the President is going to make a speech and announce a change in his policy, he should--as the House budget people have done--submit a budget to the Congress that can be analyzed by the Congressional Budget Office, scored, and we can actually use it as part of the discussion about how to bring debt under control?”