Political Quotes

“I first want to applaud and thank the committee for their work. They've reached the laudable goal of reducing the overall expenditures by $4 billion. And that is much appreciated and noted. I just happen to think we can do just a little bit better. I'm looking at the committee report regarding the committee's recommendation on the Community Development Fund, specifically the Community Development Block Grants. And I read: ``This is $396 million above both fiscal year 2012 and the budget request.'' So you have the President making a budget request, and you have last year's expenditures. What this amendment does is reduces by $396 million to get it back to where we were. Again, I think the President is even also on the same page. Now, Madam Chair, we have to recognize what a dire financial strait we're in in this country. We have to understand that we have a multitrillion-dollar challenge. We talk about a trillion with a capital T and it's hard to get your arms around it. But if you were to spend a million dollars a day everyday, it would take you almost 3,000 years to get to $1 trillion. So when we're racking up a trillion-plus-dollar deficit each year, when our national debt at the end of this year will approach $16 trillion, when we're spending more than $600 million a day in interest on our national debt, we're going to have to cut some spending. To actually bring back and reduce this to the proper level, I think would be more appropriate.…”