In the next hour we're going to be talking about a subject that has caught the attention of Americans. It's, generally speaking, a boring subject, but now it's not become boring anymore, and that is the problem with the Federal Government overspending, the problem with the budgets that have been proposed, the problem of the financial trajectory of our country and the threat that that trajectory poses. I'd like to step back in time a little bit as a Republican to talk about the fact that over a 12-year period, Republicans had deficit spending in a number of years at about a hundred billion dollars or maybe a little more. If you put that all together over 12 years, you have over a trillion dollar amount of deficit spending. But what we're looking at in 1 year now is over a trillion dollars. In other words, the Democrats are spending more in 1 year than we did in 12 years, or you could say that they're spending enough in 1 month to compensate for every year of the Republicans.
Editor's note · Context
The speaker addresses concerns about federal government overspending and budget deficits.
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How much time do I have remaining? The Acting CHAIR. The gentleman from Missouri has 1\1/2\ minutes remaining.
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