"The money the president wants to borrow for Iraq will come directly out of the American taxpayer wallets in the form of Medicare and Social Security receipts. That's your money"
About this Quote
The specific intent is to reframe the Iraq appropriation as a raid on a social contract. He’s not just warning about budget trade-offs; he’s insisting on a kind of civic accounting. By invoking “receipts,” he turns benefits into proof of ownership, a record of contributions already paid. That word choice is sneaky-effective: it implies the government is merely holding what citizens have deposited, not dispensing charity.
The subtext is sharper. Byrd is accusing the administration of laundering war costs through deficit financing, then presenting the bill later as “necessary” entitlement reform. It’s also a message to working- and middle-class voters: elites can call it patriotism or security, but the funding mechanism is redistribution upward and outward, away from retirees and the sick toward contractors and campaigns.
Context matters: Byrd, the Senate’s institutionalist and a fierce critic of post-9/11 executive overreach, is using the most American political cudgel there is - “that’s your money” - to convert outrage into a constituency. He’s betting that fiscal realism can do what antiwar moralizing often can’t: make the costs impossible to ignore.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Byrd, Robert. (2026, January 16). The money the president wants to borrow for Iraq will come directly out of the American taxpayer wallets in the form of Medicare and Social Security receipts. That's your money. FixQuotes. https://fixquotes.com/quotes/the-money-the-president-wants-to-borrow-for-iraq-87507/
Chicago Style
Byrd, Robert. "The money the president wants to borrow for Iraq will come directly out of the American taxpayer wallets in the form of Medicare and Social Security receipts. That's your money." FixQuotes. January 16, 2026. https://fixquotes.com/quotes/the-money-the-president-wants-to-borrow-for-iraq-87507/.
MLA Style (9th ed.)
"The money the president wants to borrow for Iraq will come directly out of the American taxpayer wallets in the form of Medicare and Social Security receipts. That's your money." FixQuotes, 16 Jan. 2026, https://fixquotes.com/quotes/the-money-the-president-wants-to-borrow-for-iraq-87507/. Accessed 12 Feb. 2026.

