Political Quotes

“Mr. President, I am concerned about the financial status of our country. We are clearly on an unsustainable spending path. The people are rightly furious with their Congress. We should, as they well know, never have gotten ourselves in the financial situation we are in today, where we are projected to have a deficit this fiscal year, of $1.5 trillion--the largest deficit the country has ever had-- on top of deficits of the last 2 years of $1.2 trillion and $1.3 trillion. We are on a path to doubling the entire U.S. debt in less than 4 years. In the next 3 to 4 years we will double the entire debt of the United States. We are on an unsustainable path, as every witness who has testified in recent years before our Budget Committee has stated. It is an unacceptable situation. There was a shellacking in the last election of people, the big government folks. We have not even had a budget in 2 years--in 735 days we have not had a budget. The Budget Act requires the Congress to pass a budget by April 15. The House has done theirs. The Republican House has passed a budget, a historic budget. The Democratic Senate is now talking about commencing hearings on Tuesday. I hope we have a good hearing. Maybe we will.…”