David Obey: “Madam Speaker, the last people in the world I will take lectures from on fiscal responsibility are those Members of this…”

“Madam Speaker, the last people in the world I will take lectures from on fiscal responsibility are those Members of this House who voted for the Bush economic programs that borrowed $1.2 trillion and then took us into a war which, before it is over, will cost us another at least $1.5 trillion. Secondly, I would simply answer the gentleman's question when he asks who is going to pay. I would ask, who is going to pay if we do nothing and do not implement this package? I would submit the people who will pay will be every American who loses his or her job, every businessman who loses his ability to get credit because of the constriction of the economy; every student who will have to quit college because his family cannot afford to help him go.”