Congresswoman on Debt Ceiling: Possible Financial Ruin

[cy18]

Democratic Congresswoman Hochul of New York on the debt ceiling, budget cuts, Medicare, future of America and much more:

http://www.cyinterview.com/2011/07/congresswoman-kathy-hochul-speaks-earnestly-wants-to-make-sure-congress-doesn%E2%80%99t-bring-nation-to-financial-ruin-%E2%80%93-pending-if-debt-ceiling-not-taken-care-of-health-care-costs-obscene">http://www.cyinterview.com/2011/07/congresswoman-kathy-hochul-speaks-earnestly-wants-to-make-sure-congress-doesn%E2%80%99t-bring-nation-to-financial-ruin-%E2%80%93-pending-if-debt-ceiling-not-taken-care-of-health-care-costs-obscene

[elleng]

1. NEW Congesswoman Hochul

'We went from a huge surplus a decade ago to deficit spending under the previous president and now we’ve gotten ourselves into a very serious problem. So no reason to point fingers, just a recognition that it was only ten years ago when we had surpluses How did we get from there to here and what are we gonna do to go ahead and fix it?

Everyone needs to take some ownership of it and move forward and be willing to make some tough decisions. I had a voting record recently as last Thursday. I voted to cut over seven billion dollars in everything from aid to Pakistan to infrastructure in Afghanistan and I said I was going to do that when I was running and I came here and I’m doing exactly that and many, many Democrats are subscribing to that as well that we do need to be more responsible to our spending, get that under control and everything is on the table including defense spending.”'

[cy18]

2. Great Quote

The blame game will not solve any of these problems. Everyone needs to work together and put their ideology aside.

[cy18]

3. Question

Glad you enjoyed the interview. Did you go to West Virginia? Saw you posted it in another thread.

[elleng]

5. No, my daughter did.

Hochul's interesting, and provides hope, imo.

[cy18]

7. Yes

You very well may be right.

[dixiegrrrrl]

4. There are those who argue we did NOT have a surplus back then

but that we had an accounting gimmick.

[elleng]

6. Right, and there are those who would argue that the Moon is made of Green Cheese.

[cy18]

8. Yup

Clinton did a great job balancing the budget. If this government and the people learned to value their lives over material things and other stuff, we wouldn't have the problems we currently have. We all have to live within our means.

[SammyWinstonJack]

9. Really? Yes it was definitely us little people who ran up this huge debt, you betcha.

because we chose to not 'live within our means".


:eyes:

[cy18]

10. Everyone

Was referring to everyone including people and the government.

[badtoworse]

11. You can look up the national debt at the link below

http://www.treasurydirect.gov/NP/BPDLogin?application=np

According the US Treasury, the national debt in 2001 was about $5.7 Trillion

[cy18]

12. Thoughts

I'm all for balancing budgets.