James Hill: “if Congress were to receive a fiscal responsibility report card, there would not be a single passing grade. Congress…”

“if Congress were to receive a fiscal responsibility report card, there would not be a single passing grade. Congress should receive an ``F'' for failing when it comes to taking care of our Nation's fiscal security. Congress should receive an ``F'' for failing to pass a budget resolution conference report. Both the Senate and the House are controlled by the same party, and yet no agreement was reached on simply setting a budget that Congress should stick to. So much for taking fiscal responsibility seriously. Congress should receive an ``F'' for so poorly managing the taxpayers' money that the debt ceiling will have to be raised by over $8 trillion in just a few short months. For the third time in 3 years, the majority party needs to increase the debt limit. Last year we saw the largest debt limit increase in history, $984 billion, Mr. Speaker, and now we are looking at another $690 billion increase just to keep the Federal Government running. Congress should receive an ``F'' for failing to pass spending caps and pay-as-you-go legislation, or PAYGO. Pay-as-you-go is a common-sense piece of legislation that Congress ought to pass if we are going to be serious about putting this fiscal House back in order. Simply put, PAYGO provides the blueprint for getting our Nation out of the red ink that we are swimming in.”