Political Quotes

“I rise today to discuss our Federal finances and the need to address our unsustainable fiscal debt and deficit. The Federal budget has already been on an unsustainable path before COVID-19 reached our shores and before the pandemic and our government's response to it, which has accelerated what I believe is a coming day of reckoning. I recognize the unprecedented crisis presented by COVID-19. I support the necessary response. Together, Congress has passed and the President has signed five separate pieces of legislation responding to the pandemic and its economic fallout that together will cost more than $2 trillion. I never would have supported trillions in new spending unless I truly believed that it was necessary to combat the virus and prevent economic catastrophe resulting from the government shuttering the economy. I know many of my colleagues feel that same way. When this crisis abates--and it will--the Federal Government cannot afford to return to the status quo of unsustainable budgets and surging debt that jeopardizes the prosperity of future generations. We have to start serious conversation about how we are going to pay our bills and put our finances on a more sustainable path. We can justify aggressive borrowing and spending as necessary during times of crisis, but that can't be the default.…”