On the recordMarch 20, 2010
I was just on the steps of the Capitol speaking to a Cold War veteran who served this country admirably and then went to serve the Fire Department in the State of Mississippi. He has driven all the way from Mississippi to Washington, D.C., because he is concerned that the health care bill that's going to be passed is going to increase the debt for his grandchildren and his children. We know for a fact that since October 1, the beginning of this fiscal year, we have overspent by $655 billion. This is money we do not have that we've gone ahead and spent. We've borrowed this money and applied it to programs that I don't believe we needed. So he's concerned that, looking at this health care bill and the current projections, the total cost outlays over the next 10 years is $1.2 trillion, money, again, that we don't have, and so we're going to have to borrow from somewhere. And that takes into consideration that there's only 6 years of health care benefits that are going to be applied in the first 10 years and 10 years of higher taxes. If you go on to the next 10 years, it's going to be over $1.5 trillion that we will have to borrow for the health care bill that we are about to vote on tomorrow.
