Phil Gingrey: “I think that national debt is something like $8.77 trillion now. It is $29,000 for each man, woman and child. Well, the…”

“I think that national debt is something like $8.77 trillion now. It is $29,000 for each man, woman and child. Well, the Democrats have come with these 11 spending bills... to increase that spending an additional $23 billion. If my math is correct, then that raises the amount of debt for every man, woman and child in this country from $29,000 to $30,000. But wait just a second... The way they are going to avert that is, you guessed it, raising taxes. They are going to put the largest tax increase in United States history on the backs of the American people. That is why the gentleman from Ohio has such a good amendment, to just simply say, let's go back to 2007 levels. Our hardworking men and women in this country, many of them, if not most of them, during this past year probably got no raise. Their cost of living went up. It didn't go down. So they are in a negative situation. Let's not make the matter worse by putting additional tax burden on the backs of the American people.”