On the recordJanuary 18, 2012
I yield myself such time as I may consume. Mr. Speaker, I want to quote from an article in The Hill. My friend and colleague Mr. Mulvaney from South Carolina said that this entire procedure ``is just a fig leaf for some Republicans to say they are against more debt, even though they essentially approved it.'' That's what we know this to be. This money has been spent. It's out the door. My colleague, Mr. Mulvaney from South Carolina, agrees and has put it into the Record. Even the budget from the Republican Study Committee, which the gentleman cited, calls for specifically raising the debt ceiling by $5.6 trillion, increasing the national debt by a third. That's not the answer. The President has led the way through the creation of the Simpson- Bowles Commission and their hard, bipartisan work to come up with a way to reduce the national deficit. The Republican Study Committee budget, the Paul Ryan budget, all of the budgets that the Republicans brought before the House increase the deficit substantially, more so than any Congress has in the history of this entire country. I reserve the balance of my time.
