Mike Garcia: “I thank my colleague from Texas for hosting this very important hour. I think what you have captured here in calling our…”

“I thank my colleague from Texas for hosting this very important hour. I think what you have captured here in calling our Nation's debt a curse is very important, very apropos. When you do the math with the $31 trillion worth of debt, that equates to roughly $94,000 for every man, woman, and child in the United States. As a head of a household of four and the father of two young boys, 15 and 6 years old, I echo your sentiments that we cannot put this curse on our children, our grandchildren. Mr. Speaker, facts are cold, hard, stubborn things. In this world, it doesn't matter what you hope for. It doesn't matter what you wish for. It doesn't even matter what your intentions were, even if they were well-meaning intentions. What matters are the results. The results stemming from this tax-and-spend policy brought on by this body, led by a very progressive majority with what I would submit are very regressive results, have resulted in a cold, hard reality for the average American family. Today's reality for the average middle-income, lower-class family is one defined by record-high inflation, mortgage rates that are skyrocketing, retirement accounts that are down nearly 20 percent since their high was established in early 2021, and record debt. These are regressive economic indicators. This reality is not just bad luck, Mr. Speaker, or the product of anything or anyone else besides your agenda to overtax and overspend, to overpromise and underdeliver. Mr.…”