Political Quotes

“this budget conference report is the most fiscally irresponsible budget ever proposed to this House. When the Bush administration came into office, there was a projected $5.6 trillion 10 year surplus. Under this budget conference report, the country will pile up $12 trillion in debt over the next decade. We are doing it at the very time that we know that the next generation is going to be saddled with all of this mounting debt, because most of us are members of the baby-boom generation. We start retiring in 2008. We are going to double the number of people on the Social Security and Medicare trust funds, and yet we are going to borrow trillions of dollars from those trust funds to pay for these tax cuts. This will be the third budget built on economic policies that have not worked since President Bush took office. All you have offered is tax cuts and promises of economic growth. But instead of growth, 2.6 million private sector jobs have been lost between President Bush's election and today, and, by your own estimate, this plan will generate over the next year only half the number of jobs that have been lost in just the last 2 months. The market value of stocks has fallen by $5 trillion since President Bush took office and you started these budget plans. Consumer confidence has dropped to its lowest level in 9 years.”