Political Quotes

“for the past several weeks I have come to the floor to talk about the fiscal cliff and the threat it poses to our economy and to our Nation. As the deadline nears, the fiscal cliff has caused a lot of concern and a lot of uncertainty around the country. It appears that too many people in Washington are not serious about real solutions to get us back on solid economic ground. The White House and Democrats in the Senate are still not focused on spending cuts. They continue ignoring the real drivers of Washington's debt. We know what they are. They are out-of-control entitlement programs: Social Security, Medicare, and Medicaid. Until we find a way to save and strengthen these programs, no amount of tax revenue will be able to match the increases in entitlement spending. According to the latest numbers from the Congressional Budget Office, the problem is actually getting worse. In its monthly budget review for December, the Congressional Budget Office said the budget deficit for just the first 2 months of this fiscal year was already $292 billion. When we take a look at that and compare this pace, we will record our fifth straight year of a trillion-dollar deficit. In just October and November alone, which are the first 2 months of this fiscal year, we are already $300 billion in the red. Total outlays for those 2 months were $638 billion. That is an increase of almost 4 percent over the same period 1 year ago.…”