On the recordFebruary 3, 2021
Mr. Speaker, I rise today in opposition to the H. Con. Res. 11, which paves the way for our national deficit to increase by $2.1 trillion. Our current debt is $28 trillion. Let's put that in perspective. This budget that we are looking at here will never balance. It will push our national debt to $41 trillion by the end of its forecast. Let me say that again: $41 trillion by the end of its forecast. This out-of-control spending is jeopardizing the very future of Social Security and Medicare. Every senior should be deeply concerned about the possibility of losing Social Security based on this out-of- control spending by the Democrats. Currently, our country pays about 2 percent on the debt that we have. It will not stay at 2 percent because 2 percent is currently low. If our interest rate increases, we are going to struggle to try to fund our discretionary programs like defense and infrastructure because the money will go toward interest. This is dangerous, fiscally irresponsible, and reprehensible. Just like a business or a family, when the credit card bill comes due and there is not enough money, you have to cut. The Democrats have put our Nation in a perilous situation with this out-of-control spending. We must take our growing national debt crisis seriously and not look at this laundry list of progressive ideas put forth by the Democrats.…





