Statements about Bankruptcy

Children born today will carry a $30,000 share of the national debt.

"Harry Reid says he does more for Nevada. He's done more for unemployment. We were at 4.4 percent. Now we're at 14 percent. He's done more for the foreclosure rate. We have the highest foreclosure rate in the nation. He's done more for bankruptcy. We have the highest bankruptcy rate in the nation."

GM has "repaid our government loan, in full, with interest, five years ahead of the original schedule."

The financial services regulatory bill "will end taxpayer bailouts."

"The bill reported out of committee sets up a $50 billion slush fund that, while intended for resolving failing firms, is available for virtually any purpose that the treasury secretary sees fit."

"Bill White spent his city billions of dollars into debt (and) saw crime rates soar while he backed gun control."

Sixty-two percent of all personal bankruptcies are "caused by medical problems."

"President Obama will now own 60 percent of GM, and his union buddies will own almost 20 percent."

Senators who have accepted millions in campaign contributions from the financial industry voted against allowing bankruptcy judges to modify home mortgages.

John McCain opposed bankruptcy protections for families "who were only in bankruptcy because of medical expenses they couldn't pay."

"She said, you know, 'I voted for it, but I hoped it wouldn't pass.' That was a quote on live TV."

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