Let's think about something very quickly. What is the most basic job that we can do--in the House of Representatives or in the Senate of the United States--in government? One of the most basic jobs we do is to pass a budget; to figure out where we are going to spend money and how we are going to spend money. Yet it has been 799 days today since the other Chamber has passed a budget out of the Senate. Since that day, we have added $3.2 trillion in debt to our country and we have spent $7.3 trillion. Now we are finding ourselves bumping up against this debt ceiling, against the statutory limit of where we can spend and borrow money. We are on this record clip, this record pace to blow through this debt ceiling, and we are here. In 2006, now-President Obama stood in front of the Senate and said that raising America's debt limit is a sign of leadership failure. Well, sounds like we are in that position today. Five years later, we are once again talking about an over $2 trillion increase in our Nation's ability to borrow money, which we are tacking on to the responsibility of our kids and our grandkids. Once again, we're back. We have an extreme failure of leadership in this country that is of epic proportions. We know, we look at our budget, we see over a trillion-and-a-half dollars this year that we are spending that we haven't taken in, and yet we are continuing to haggle about whether we need to just raise taxes or have spending cuts.…
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