Political Quotes

“I want the Presiding Officer and my colleagues and the people of America to know what is keeping me awake nights. It is actually thoughts of my grandkids and their future that keep me awake nights. I see a bleak future for them because of our overspending, and I hear their small voices saying: You were there. Why didn't you fix it? Why didn't you give us the chance you had? We didn't want anything for free. We just wanted an opportunity to earn our own way to what was the American dream. How are we going to answer that question? I am not just asking the Members of Congress, I am asking everyone in America because everyone has and is getting benefits from this great country at the expense of the future. Let's look at the problem together. Here is where we are right now and where we are headed: Our national debt isn't sustainable because of the interest alone. Interest on the debt could mean we would have to make cuts to programs we never dreamed of cutting. We already owe $1,900 billion. Sometimes that is called $19 trillion. I prefer to call it $19,000 billion; it sounds like more. That is soon headed to $20,000 billion, or $20 trillion. We have already exceeded that. At 1 percent interest--and that is interest alone--interest would amount to $200 billion a year. We need to worry about when the interest rate gets to the norm of 5 percent, and that could happen as early as in the next 3 years.…”