Political Quotes

“So Mr. Elmendorf told us at the Budget Committee that we are on an unsustainable path. OK. This is after the Budget Control Act, after we reduced the growth of spending $2.1 trillion, and that includes the sequester. After we did all that, this year he told us we are on an unsustainable debt course. He said this is a danger to America and we have to get off it and we need to make further changes to get on the right course. So we have looked at this budget, and we thought the committee, which called him, would listen to him, and we wanted to see if the budget that is on the floor now actually helps us get toward a sound financial future. I have to say it does not. It does not change the course we are on. It raises taxes dramatically, but it raises spending and eats up all the new taxes, not altering the amount of debt that will be raised over 10 years. Isn't that a failed budget plan? Isn't that a failure of leadership? I hate to say that. But the challenge of our time is to deal with our financial crisis. The challenge of our time is to alter the debt course we are on and put us on a sound path, and it has not been met by this budget. The House budget--we all may have different ideas about some of the things in it--provides for increased spending every single year, but it balances the budget, totally balances the budget, in 10 years. It would balance in 10 years and does it by increasing spending every year, on an average of 3.4 percent a year.…”