On the recordApril 14, 2011
I thank the gentleman for yielding. Mr. Speaker, we are facing a crisis in the country today. Imagine back home in your family budget if for every dollar you spent, 40 cents was borrowed. Surely you would bring your entire family to the kitchen table and say, okay, what can we cut out? We cannot continue to borrow 40 cents for every dollar we spend. You would make changes in your household budget. But for some reason, many in Washington, D.C. want to stick their head in the sand and say, no, we really don't have to do this. And yet right now the national debt is 90 percent of the GDP. We borrow billions of dollars a year from China, which is not exactly a great idea in terms of national security. I sit on the Defense Subcommittee of Appropriations. We watch China year in, year out building up their army, and yet we go to them over and over again for more money. And yet, while we do that, those in Washington, D.C., don't want to do anything. We heard yesterday the President's mulligan budget. As you know, Mr. Speaker, the President of the United States is responsible to submit his budget to Congress each year, which the President did in February, totally ignoring his own deficit commission's recommendations. The Simpson-Bowles language was not in there.…
