Political Quotes

“I'm not prepared to throw in the towel and say, let's just redistribute what's left. I think we can have a bold program that will rebuild what we lost and go beyond that. The other thing that's very interesting is this. If you look at the bailouts that were spent last year, as we all know, those bailouts total almost the entire amount of discretionary spending Congress had in 2007. We're getting ready to double that. Once we do that, I think most Americans don't realize that we will not pay for that, we will give that to my granddaughter who turns 2 years old on February 14. But here's the cost we will pay until she reaches our age and one day pays it off. The interest carry on that alone equals the entire budgets for NASA, the National Science Foundation, the Department of Transportation, the entire cost of the White House, the entire cost of the Department of Justice, the entire cost of the FBI, the entire cost of the Department of Homeland Security, every Army Corps of Engineers project in the country, the Small Business Administration, and every expense of Congress combined. That's the interest we have thrown away for the next 20 or 30 years. And, Congressman, I would say this. When you come in and lay that on the budget table for this Congress, they have got to ask this: How do we pay for those lost budgets? They will do it either with massive, massive tax increases which our economy cannot withstand, or they will do it by having to find massive cuts somewhere else.”