Michele Bachmann: “the Democrat majority has once again ignored the dozens of experts, including Chairman Greenspan, including the Federal…”

“the Democrat majority has once again ignored the dozens of experts, including Chairman Greenspan, including the Federal Reserve Chairman Ben Bernanke, and also the Comptroller David Walker, who have pleaded with us, pleaded, Mr. Chairman, with the Congress and given us repeated warnings about the unsustainable rate of entitlement spending. This is our upcoming economic tsunami, Mr. Chairman. Their budget has turned a blind eye to the impending crisis that is coming upon this next generation. Who among us can look in the eyes of the next generation, knowing what we know of the bill that will be handed to them for the party that we are all having today? Unfunded net liabilities. And yet we can stand here and do nothing to address the concerns and put off any major reform for at least 5 years? Now is the time, Mr. Chairman, to have true transparency, and I am sad to say that this bill does none of that.”