Political Quotes

“Mr. Speaker, when we talk about the budget, it's helpful to know where we are and how we got here. This chart shows the budget deficit over the years and shows that when President Clinton came in, we reversed the trend of deficit and actually went into surplus and were going to stay into surplus until the Republican leadership had a President who would actually sign their bills. We immediately went in the ditch and have bounced around in the ditch ever since then. We had, when this administration came in, a projected surplus of $5.5 trillion, more than enough to pay Social Security for 75 years without reducing benefits. Unfortunately, those 8 years will come in at about a $3 trillion deficit, a reversal of over $8.5 trillion deterioration. And although they overspent the budget that much, they didn't create any jobs. This is the job growth since the Great Depression. These last 8 years have produced the worst job growth since the Great Depression. And so we have a budget that will reverse this.”