Political Quotes

“Mr. President, I come to the floor today to speak on the issue that has consumed more of my time and energy during my time in the Senate than any other, and that is the state of our Nation's finances. As a member of the Budget Committee and the Finance Committee, I wanted an opportunity to speak about the looming convergence of several important fiscal deadlines. The government's ability to continue borrowing money, the so-called debt ceiling--which is an oxymoron since the debt ceiling is simply going ahead and authorizing payment for bills that have already been incurred, but more on that later--obviously must be raised this fall, and the budget year runs out on September 30, the end of this month. Meanwhile, the White House continues to talk about working on comprehensive tax reform this fall, even though, at least to date, my colleagues on the other side of the aisle, the Senate Republicans, are making it pretty clear they are not going to actually do a major tax reform because they are going to have to rely on a more modest approach, an approach that will require only 51 votes. That sounds as though what may end up coming from the majority will be more of a tax cut than tax reform. In mid-July, President Trump told an interviewer: ``After healthcare, taxes are going to be so easy.'' Well, we will see.…”