On the recordJuly 6, 2011
Well, first I want to thank the Senator from New Hampshire for allowing me the opportunity to do this together because it is important. She brings a tremendous amount of credibility to this discussion. She is not just a mother and a Senator, but she is also a small business owner who has run a small business, been there on the front lines with her husband running a small business, who recently got off the campaign trail, as I did, and heard from job creators all across the State as to what they are talking about, and we are going to get back to that in a moment. But as the Senator rightfully outlined, I am the father of four young children, four children whom I think deserve to inherit a country that is as great as the one my parents and their generation left us, and that is what we are debating here at the end of the day. If you look at the numbers, they are absolutely startling. I think these numbers have been said before, but you cannot say them enough-- $14.3 trillion of debt. Trillion is not a number or a figure I have ever used in my life until I got to Washington. I do not know where else in the world that applies other than in the Congress, the term trillion--$14.3 trillion is our debt. Our kids already owe $46,000. My oldest is only 11 and already owes $46,000. Our total debt is about to reach the size of our entire economy. That is kind of the framework in which we are operating when we discuss this.…





