On the recordOctober 9, 2013
Mr. Speaker, as the clock ticks, the country gets closer to a time when it will run out of money. People probably couldn't understand all of the debate leading up to the implementation of ObamaCare just a few days ago, and some of the questions and debate became blurred. That was one of the biggest government programs--largest spending programs--probably in the history of our Nation; but it did have consequences, because you are spending more trillions of dollars, and if we are going to provide health care, we want it right. There are many Americans who don't have health care, and we should assist them in a responsible fashion. The roll-out has been a disaster. We are holding a hearing on that in the Oversight and Government Reform Committee. All that being said, it's about time to pay the piper here. I think the American people will understand, and can understand, that the country is close to default. The country is close to default because we have incurred an indebtedness that will soon exceed $17 trillion, an indebtedness which, again, will reach the current limit next week. They are asking for another $1 trillion or $900 billion to get us one more year. We are going to have to pay the piper. When you spend $1.5 trillion more a year in the first year with the Obama administration and, in each succeeding year, over $1 trillion more than you took in, you acquire an indebtedness.…





