Political Quotes

“This is the economic growth over the last few years. We got the lowest economic growth that we have gotten in 50 years. We also have a budget that creates new debt. This is the surplus and deficit over the past few years. You will notice it under Reagan and Bush; the Clinton budget, which was passed without any Republican help; President Bush came in, and we are back down into deficit. This is called a wartime budget. Unfortunately, there is no wartime money in the budget. How bad do deficits have to get? This is a chart that shows where the interest on the national debt has gone. Interest on the national debt, if the Republicans had not messed up the budget, would have gone to zero by the end of this budget deficit. Instead of going to zero, we are going to be spending more on interest on the national debt than we are spending on everything in government. Because of the deficits we are cutting education. The 12 percent increase over the past few years, this budget is a cut in education.”