Political Quotes

“Mr. President, there is always an easy way to get something done in this body, and that is to spend money and not pay for it. And I am sure that gets a lot of Democratic votes and they could just pass this bill right through the body. I am sure our House Members, the majority in the House, will just pass this legislation and we will just add $10 billion more to the debt. That is what we are talking about. Is this necessary? Senator Bunning has made a number of suggestions about how this bill could be paid for. But it is not a question of delaying it, in my view; it is just simply a question of not wanting to use any of our existing moneys to pay for the extension of unemployment insurance. If we don't do that, if we don't pay for it, as we in the Senate are wont to say, then where does the money come from? We borrow it. There is an interesting article in the Washington Times today, a front-page article talking about how much of our debt China owns. They say they own a good bit more of it than we have understood, that a lot of their money goes through other institutions, and then they buy U.S. Treasury bills, and really the amount owned by China is larger than we expect. Well, so be it. I don't know what that number is. But it is not healthy for the United States of America to incur the amount of debt we are now incurring. It is not healthy.…”