Political Quotes

“Well, the promise was that--and it was repeated here, and the President went on national TV, and I believe he said it at the State of the Union--this bill would not add one dime to the deficit. If you drop out the $80 or so billion--and he estimated that his plan, if passed, would actually create $143 billion in surplus, in extra revenue for the Treasury; it wouldn't cost anything, it would create more money. So you lose $80 or so billion because the CLASS Act has proven to be the Ponzi scheme Senator Conrad said it would be, and we just saw in the President's budget a request for $111 billion more for the exchanges. Well, that already wipes out entirely, does it not, the promise that it wouldn't add to the deficit? Even before the bill is implemented, the projections are that it would cost money rather than make money for the Treasury. Is that the Senator's analysis so far?”