Patrick McHenry actually said...

"Our budget deficit has reached an all-time high and the national debt is crippling our economy."

"But reckless spending fueled by bottomless borrowing and guaranteed by endless bailouts is an unsustainable course."

"States now say that more money would help them through their current rough patch. The reality, however, is that the money States receive from the stimulus has, in many ways, made them worse off."

"States do not want or need the power to declare bankruptcy."