Brian Jones: “Soon the Congress will be asked to raise the debt limit of this Nation. This actually happened under the previous…”

“Soon the Congress will be asked to raise the debt limit of this Nation. This actually happened under the previous administration, and now it's happening under the new administration. I have not voted, from the time I have been in Congress, to raise this debt ceiling because all this really does is permit our government to borrow more money from foreign governments. I think we all know that we are what is called a debtor nation. We don't pay our bills anymore. We have to go to the Japanese, the Chinese, the UAE, and to many other countries to buy our debt so we can spend more. That is the reason I wanted to come to the floor tonight. Before we broke for Christmas, Frank Wolf had sent out to each Member of the House a little pamphlet that says, ``Don't Let Debt Defeat a Great Nation.'' He and Jim Cooper, in a bipartisan way--Frank Wolf being a Republican; Jim Cooper a Democrat--have introduced H.R. 1557, the SAFE Commission Act, and I want to talk about that in the little bit of time I have. And I am reading from his publication, Mr. Wolf's publication. ``We have amassed massive unfunded `promises' to guarantee future entitlement benefits that when added with liabilities like the debt, total nearly $57 trillion. That means every man, woman and child in America owes $184,000.''”