Quotes Of The Day - Monday, 12/27/2010

Published by Lois Lame, SALRCYTMVDQJCP & Assistant Editor

Date:  12/27/2010
Post:  1,347

A selection of notable quotes from the December 1st meeting of the National Commission on Fiscal Responsibility and Reform:


“The era of deficit denial is over.” – Erskine Bowles, Co-Chairman of National Commission on Fiscal Responibility and Reform and Former Clinton Chief-of Staff


“The problem is real. The solutions are all difficult.” – Erskine Bowles, Co-Chairman of National Commission on Fiscal Responibility and Reform


“Our spending is the highest it’s been in 60 years…it is unsustainable.” -Sen. Kent Conrad (D-ND), Chairman of the Senate Budget Committee


“Our government is growing at a rate that is simply unaffordable.” – Sen. Judd Gregg (R-NH), Retiring Ranking Republican on the Senate Budget Committee


“We are running up debts that will essentially bankrupt our children’s future.” – Sen. Judd Gregg (R-NH)


“We have a serious national debt problem and it has global implications.” – David Cote, CEO, Honeywell


“This is a very serious plan for dealing with an imminent catastrophe.” – Alice Rivlin, Commissioner


“We are on an unsustainable fiscal path.” – Rep. Jan Schakowsky (D-IL)


“The deficit is the symptom. Spending is the disease.” – Rep. Jeb Hensarling (R-TX)


“The best way to deal with this problem is spending reform and economic growth.” – Rep. Paul Ryan (R-WI), Chairman of House Budget Committee


“This is a very serious plan for dealing with an imminent catastrophe.” – Alice Rivlin, Commissioner


“This is the framework for us to move forward.” – Ann Fudge, Commissioner


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