On the recordJuly 25, 2018
Mr. President, our national debt now exceeds $22 trillion. We are borrowing about $1 million a minute--actually, more than $1 million. Many authorities, including Admiral Mullen, have said the greatest threat to our national security is actually our debt. The best way to do something about debt is to quit spending yourself further into a hole. We had spending caps. We adhered to them for a couple of years, and we actually were reducing the size of the deficit. This year, though, the deficit will actually approach $1 trillion, and next year it may exceed $1 trillion. This amendment would put the spending caps back just on the spending we have before us in this bill. I would advocate that if you are concerned about the debt, concerned about the deficit, and concerned about the strength of our country, that you vote to reinstitute the spending caps. The PRESIDING OFFICER. The Senator from Alabama.
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