Political Quotes

“it has to be said, now that we are going to consider another budget, that this has been the most irresponsible fiscal management of the Federal budget that we have ever seen in our Nation's history. When you consider the fact that of all the 42 Presidents that preceded this President, if you added all of the debt that was bought by foreign nations, none of it comes close to the amount of money that we have now borrowed from foreign nations; almost half of our debt. China, particularly in the last 5 years, has increased their debt holdings of American securities by 300 percent. But beyond that, when you look at who have been the beneficiaries, you see that there has been smaller job creation in this administration than in any Presidential administration since the days of Herbert Hoover, who experienced, of course, the Great Depression. Madam Speaker, we need to change this budget around, and not in the direction that the majority wants us to turn. Madam Speaker, it has to be said, now that we are going to consider another budget, that this has been the most irresponsible fiscal management of the Federal budget that we have ever seen in our Nation's history.…”