Ladies and gentlemen of the House, as we have on numerous occasions, we just raised the liability, or the ability, of the United States to pay a substantial amount. What we are doing now that we have not done in the last decade is to adopt a fiscal constraint at the same time, a fiscal constraint to get us to wherever Americans want us to be, and that is to fiscal balance, to a fiscally responsible government and a fiscally responsible country to match the fiscal responsibility of most of our citizens. The House has just voted that our country should pay the bills it already incurred. Those obligations, of course, come from actions America has already taken. Those actions cannot be changed, so it was necessary to pay the bill. But we can and must confront our record debt going forward. We can and must set a more responsible path fiscally for our country.
Editor's note · Context
Hoyer discusses the need for fiscal responsibility and addressing national debt.
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