I submit the following: On July 27, Carol Augias from Mahopac, New York wrote to me: ``Representative Hayworth, I have never written to a Congressperson before, however, I am deeply troubled by the debt ceiling stalemate. While I firmly believe that the massive debt we carry in this country needs to be reduced (I personally curtail my spending when my debt exceeds my comfort level), I am very concerned about what may happen if we default on our loans. Please find a way to get this issue resolved prior to the August deadline. Some compromises must take place. Once we have taken care of the immediate issue we, as a Nation, must evaluate our financial position so that our country will continue to flourish and children will also be able to purchase a home, afford a college education.'' Mr. Speaker, Carol is right. We need to resolve the debt limit crisis for the sake of future generations. Just as the American people--like Carol--pay their bills, the federal government must do the same, so we are obligated to raise the Treasury's debt ceiling. But we must do so responsibly because our nation has another critical and painful problem that is related to our enormous debt: 14 million Americans need jobs. We can make our economy grow, and create jobs, by assuring that the dollars Americans work so hard for are theirs to spend and save and invest. To do this, the federal spending juggernaut has to stop. And, as Carol pointed out, there is a need for cooperation.…
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