On the recordJuly 20, 2011
Peter, as we stand here on the floor of this House debating an extraordinarily important moment in time about the direction we're going to go, this issue of paying our bills, we need to understand that what we're really talking about here is not tomorrow's bills; we're talking about expenditures that have been made over the years dating back to World War II and even before World War II, expenditures that have been made, votes by the majority of this House and by the Senate, signed by the President, America decided to spend the money. Earlier, I put up a chart here talking about where it came from--this House. And George W. Bush voted to reduce taxes, created a deficit, had to borrow money, voted to start and to carry out two wars, Afghanistan and Iraq, borrowed money to do it. These are past expenditures. And here we are 12 days away from the default crisis where our Republican friends are using this moment in time where we're not really discussing tomorrow's expenditures; we're talking about yesterday's expenditures, and they're saying give us our way or else America defaults.
Source
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