On the recordApril 4, 2025
Madam President, our country has had some pretty severe economic challenges as of late. I am not talking about the recent stock market losses; although those are quite important for someone with a 401(k). I am talking about how real Americans, average Americans, feel as if the American dream of homeownership, of buying a new car or truck, of buying their child a car, or affording a student loan is just slipping out of their grasp. We saw this fear during the Biden administration when inflation was so high that the Federal Reserve increased interest rates. As these interest rates rose, so did consumer interest rates on all sorts of things, directly impacting the ability of a family to realize the American dream. This speech is about how we preserve that ability of Americans to achieve that dream and how what we are doing today--tonight, in this Congress--directly impacts that. Now, it may seem pretty distant to someone who is watching from home, but it does directly impact that. How much money the Federal Government borrows, how much this budget resolution leads to increased indebtedness sounds abstract, but it impacts your ability to buy that home, to buy that car, to attend that school.…





