Jack Kingston: “Imagine in your own household if, for every dollar you spent, 40 cents was borrowed. Obviously, you would sit down with…”

“Imagine in your own household if, for every dollar you spent, 40 cents was borrowed. Obviously, you would sit down with your family at the kitchen table and say, Okay, for every dollar we spend, 40 cents is borrowed. We're going to have to change our purchasing habits. That's what American families do; that's what farmers do; that's what small businesses do each and every day. Yet, for some reason, the U.S. Congress thinks it can defy gravity and not worry about this deficit, which is now $1.5 trillion. The debt is nearly 90 percent of the GDP, and we owe much of this money to China. We have got to make tough decisions. It is not time for partisan politics. We need to come together as Democrats and Republicans and do what American families, farmers and small businesses do every day, every year. We need to reduce spending and turn this ship around.”