On the recordMarch 5, 2026
Mr. Speaker, guess what. We had sort of a record today for not being in COVID or whatever disasters. Every day, I send out a text message. It is part of our Joint Economic Committee. I have a few thousand people who subscribe to this. Yes, it is a little geeky. What we are doing is we are capturing the numbers from the Treasury Department. We have built a whole system where we grab those and send those out. Mr. Speaker, you will be happy to know, over the last 12 months--and this will make sense in a moment--if you divide our borrowing, just our borrowing, we are now borrowing $83,720 per second. That is $83,720 per second. Functionally, when we do the 12-month math, that is a new record. Yet, we have flattened out discretionary spending. The things my colleagues and I get to vote on, that is flat, but we only get to vote on about 25 percent of the spending. This is why it is so hard to actually have this conversation here.
Source
govinfo.gov
