(email exchange)
Yes, classic!
>
> On Wed, Mar 4, 2009 at 9:32 AM, Joshua wrote:
>
> Regardless of our feelings towards deficits and debt, we have to be proud of our
> knowledgeable politicians…see below…
>
> Here’s the transcript: Stunning
>
HOUSE COMMITTEE ON WAYS AND MEANS
WASHINGTON, D.C.
REP. CHARLES B. RANGEL HOLDS A HEARING ON THE PRESIDENT’S BUDGET
PROPOSAL FOR FISCAL YEAR 2010
MARCH 3, 2009
SPEAKERS:
REP. CHARLES B. RANGEL, D-N.Y.
CHAIRMAN
REP. PETE STARK, D-CALIF.
REP. SANDER M. LEVIN, D-MICH.
REP. JIM MCDERMOTT, D-WASH.
REP. LINDA T. SANCHEZ, D-CALIF.
SANCHEZ: Thank you, Mr. Chairman.
And thank you, Secretary Geithner, for being with us this afternoon. I was absent for part of the hearing, so pardon me if I’m asking questions that have already been answered. But I know that a lot of criticism has been leveled at this budget because of a fear of future debt. That’s what we keep hearing. We can’t burden, you know, future generations. My question to you is a very specific one. Do we really need to balance the budget in order to reduce our future deficit — or our future — pardon me — debt burden, or can we reduce our debt burden while still running deficits, because some people would have you believe that the two must go hand in hand?
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