46 Quotes by John Spratt

The deficit in 2006 is almost certain to increase, because the bulk of spending for Katrina and Rita will occur in 2006, ... What's worse is that when the Congressional Budget Office factors the Bush agenda into the budget, CBO sees the deficit doubling to $640 billion in 2015.

What we've done is design a package that is front-loaded and fast-acting deliberately.

Without the Guard and Reserve, our active duty troops could hardly deploy.

This war so far has cost us $125 billion and counting, because largely we decided to do it on our own, with only the United Kingdom as a paying, fully participating partner.

What we are effectively doing, I say this to the young people of America whom my colleagues represent, is leaving our children and grandchildren the tab for fighting a war, letting them pay for the lion's share of it by simply adding it to the national debt.

could easily add $50 to $100 billion more.

Even after the economy is back on its feet and grows -- upon their assumption of the rate of 3.2 percent a year -- even then, we still have a negative bottom line after you back out Social Security and Medicare, as we think he should,

It would put us on a path to endless deficits and a Mount Everest of mountainous debt,

They agreed on one thing for sure, that the gravest threat facing the United States is that of terrorists armed with nuclear weapons.