Jack Kingston: “I thank the gentleman from New Jersey for yielding. During his 8 years as President, President Bush increased the…”

“I thank the gentleman from New Jersey for yielding. During his 8 years as President, President Bush increased the national debt $3 trillion. We spent too much money. But not to be outdone, in a 3-year period of time, President Obama has increased the national debt $5 trillion--a 56 percent increase. Then he turns around and lectures middle class American families, struggling families, to eat their peas. He offers no plan, no answers--nothing but a phoney budget that even failed in the Democrat-controlled Senate 97-0. Harry Reid voted against his budget. The President owns this economy, not Haliburton, not Cheney, not George Bush. It's the President. He owns the skyrocketing debt. He owns the 15 million unemployed. He owns the failed stimulus plan. President Obama owns the extended Bush tax cuts because it was he who extended them 2 years. Now, in our time of great fiscal crisis, when America needs leadership, he is absent. The Republicans in the House are offering a plan, and I understand the Democrats don't like it. That's good, because sometimes the two parties have to battle it out, and you get a better product from it, but you can't do it when the Democrats aren't offering a plan. We will pass this plan today, and I hope Harry Reid and the Democrats will pass a plan and that we can get together. I hope the President decides to offer a plan.…”