On the recordAugust 1, 2019
Madam President, some say it is irresponsible not to raise the debt ceiling. Well, true fiscal conservatives say it is irresponsible to raise the debt ceiling without any reform of our profligate spending ways. To allow the debt ceiling to go up an infinite amount--as much as Congress can possibly spend and borrow over a nearly 2-year period--is fiscally irresponsible and has never been seen in our history. This may well be the most fiscally irresponsible thing we have done in the history of the United States. The Federal Government is currently spending nearly $2 million every minute. Don't let anybody fool you--this is a spending problem. The annual deficit this year will exceed $1.2 trillion. What is irresponsible is recklessly indenturing our children and our grandchildren. What is irresponsible is binding our kids to this massive burden of debt. What is irresponsible is a Congress that believes it is Santa Claus and that it can be everything to everyone and that everything is free. At least the Democrats are honest. The Democrats don't care about deficits, and they will tell you that to your face. The Democrats, in fact, are falling all over themselves to propose more than $50 trillion in new spending in addition to the trillion-dollar annual deficits. They want to add $50 trillion in spending. Yet it is not just the Democrats. The Republicans are also guilty--at least the Big Government Republicans who will vote for this monstrous addition of debt.…
Source
govinfo.gov




