Political Quotes

“I think it is helpful just to use the charts because the charts tell the story better than anything else. I mean, we have all this rhetoric about how good the economy is, how good this is, and whether or not there is going to be a deficit. But one does not produce numbers and charts like this by accident. If we look at when President Reagan came in, my colleagues will remember that his budget passed pretty much as he introduced it. He had enough support in Congress to get his budget passed. And we see what happened to the deficit after Johnson, Nixon, Ford, Carter, what happened to the deficit under Reagan and Bush. It was essentially their budgets that passed. When President Clinton came in, it was his budget that passed. Very narrowly without a single Republican vote in the House or the Senate, his budget passed, and we saw the deficit declining year after year. When the Republicans took over, it was still President Clinton's budget, because he vetoed the budgets passed by Congress several times.”