Quote Of The Day, November 22, 2011

“To suggest that there’s no waste in defense is laughable. Every branch in the service has people out there trying to find alternative fuels, and we have CHAMPUS [the Defense Department’s health-care program], which is second only to Medicaid in terms of its generosity.”

– Phil Gramm, on defense cuts likely as part of the budget sequester required by the failure of the Super Committee on Capitol Hill to agree on deficit reduction.

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