On the recordOctober 30, 2015
Mr. President, the number one threat to our country's future is our debt. The number one threat to our national security is our debt. This deal gives the President the power to borrow unlimited amounts of money. This deal represents the worst of Washington culture. The left and the right have come together in an unholy alliance to explode the debt. The left gets more welfare, the right gets more military contracts, and the taxpayer is stuck with the deal. This is a bipartisan busting of the budget caps that will further indenture our next generation. I promised the voters of Kentucky to oppose deficits, to oppose budgets that don't balance, and to spend only that which comes in. I will not give this President any power to borrow unspecified amounts of money. Our debt now equals our entire economy. Not raising the debt ceiling means we would be forced to only spend what comes in--also known as a balanced budget. I could accept that. But I can also accept a balanced budget that brings us to balance over 5 years. The debt threatens us like never before, and now is the time to take a stand. I have traveled far and wide across America. I have not met one voter outside of DC who supports adding an unlimited increase to the debt ceiling. I hope my colleagues will listen and will listen very clearly to their constituents before voting for this terrible, rotten, no-good deal. The time is now to take a stand. The time is now to say enough is enough--no more debt.…
Source
govinfo.gov




