This debt is about the past, not about the future.
I don't agree with Mr. Gingrich on many fiscal issues, but I think on this one, he is right.
I hope that we are going to find a common path forward on many of these issues.
We began down this path by enacting tax cuts that cost the government $2.3 trillion.
The total deficit over that 10-year period amounted to $6.1 trillion, a swing of $11.7 trillion from January 2001 and it...
In January 2001, CBO estimated that the total budget surplus for 2002 to 2011 would be $5.6 trillion, surplus.
Many of the most senior Members of this Committee routinely voted to raise the debt ceiling during those years.
Instead, after years of reckless spending and tax cuts, the Federal Government ran deficits from 2002 until 2011.
As we debate increasing the debt ceiling this afternoon, I think a bit of history is important as we acknowledge the cur...
I think that is a considerable issue for this committee.
What are the strategies afoot with your office to encourage some of our market priority countries, such as Brazil, to jo...