Can you imagine in your household if, for every $1 you spent, 40 cents was borrowed? Can you imagine if you were in that situation and didn't change your buying or your spending habits? That would be absurd. Yet that's what the U.S. Congress is doing. We've had a debate on a spending reduction of less than 2 percent. Yet, the way some people are screaming and hollering, you would think that we were cutting spending in half. This isn't about protecting programs and the status quo. This is about the next generation. Sit down, and tell your children: You know what? We've got a deficit of $1.6 trillion, and we've decided the tough decisions that are necessary to balance the budget aren't worth it for the next generation. That is not the America that you and I know and love. We deserve better. We can do better. It's time for Democrats and Republicans and independents to come together to do what is best for the United States of America, to not worry about the next election but to worry about the next generation.
Editor's note · Context
The speaker addresses the need for fiscal responsibility and bipartisan cooperation to address the national deficit.
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