Political Quotes

“If there's going to be honest discussion about what caused this debt, then we've got to go back in history--and not distant history--to acknowledge that it was the reckless spending policies of the Republican administration and George Bush that contributed more to this debt than any other administration in the history of this entire country. George Bush, in 8 years, accumulated more debt by more reckless decisions than all of the Presidents who preceded him. All of those decisions, incidentally, were discretionary decisions: A war of choice--wrong war, wrong time--put on the credit card of the American taxpayers; tax cuts that did not stimulate the economy but burdened us with generations of debt; a Medicare prescription drug program where the choice was not only to put it on the credit card but to make it embedded in law the unwillingness of the Federal Government to negotiate bulk price discounts with the drug companies. It guaranteed high prices at the expense of the taxpayers and our consumers. That is the legacy of debt that brought us to this situation.”