On the recordFebruary 10, 2016
For years, our Nation has limped along from debt crisis to debt crisis. Every time, we say to ourselves ``just a little more spending today, and we will fix this mess tomorrow,'' but tomorrow never seems to come, and the ocean of red ink gets deeper and deeper with each passing day. Thanks to this ``spend now'' and ``save never'' mentality, the national debt has soared to $19 trillion, and there is no end in sight. The Federal Government has been overspending for so long that we are financially bankrupt. If we continue to pass this debt on to our children and grandchildren, we are also morally bankrupt. We need a solution to our constant budget busting. H.R. 3442 will help our Nation address this fiscal crisis. By requiring the administration to testify before Congress, we are requiring them to bring realistic, serious solutions to the table. We are calling on them to offer a plan for actually reducing our debt, and--this is key--we are requiring these solutions before we reach the point of no return. What we have wrought in debt and deficit isn't merely a fiscal challenge or an economic problem--it is poisonous to our human potential. It is time for the Federal Government to start making the same tough choices that small businesses and folks in Colorado are making every day, and this bill is a good start.
