John Spratt
John Spratt
John McKee Spratt, Jr.is an American politician who was the U.S. Representative for South Carolina's 5th congressional district from 1983 to 2011. He is a member of the Democratic Party. Spratt was the dean of the South Carolina congressional delegation, chairman of the U.S. House Committee on the Budget, and the second ranking Democrat on the U.S. House Committee on Armed Services, where he served on three subcommittees: Oversight and Investigations, Strategic Forces, and Air and Land Forces. In addition...
NationalityAmerican
ProfessionPolitician
Date of Birth1 November 1942
CountryUnited States of America
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.
What we've done is design a package that is front-loaded and fast-acting deliberately.
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.
This budget is not going to put us on a path to balancing the budget. Not in five years, not in 10 years, not in 20 years. It would put us on a path to endless deficits and a Mount Everest of mountainous debt.
Your tax cut gets bigger and bigger as time goes on and it takes huge cuts out of all of these accounts, including defense.
any kind of significant downturn in the economy is going to put the budget back in the red.
These additional tax cuts can only have one affect; they will add dollar to dollar to the deficit which (is) already enormous, $521 billion this year,
The situation in Iraq, unfortunately, differs dramatically from the rosy picture that was painted for us by expatriates before the war.
Once we got the budget today, we found out why it was so long coming,
The young in this country, and you fellows are young by my reckoning, have a right to be concerned about the course that our government, the Federal Government, is taking under President Bush.
There were no hearings, there was no testimony,
This is a watershed budget. It will set a course for us for years to come.