Roy Cooper: “in the time remaining, I am a Blue Dog, I am cochair of the Blue Dogs. Every Blue Dog has a sign outside his or her…”

“in the time remaining, I am a Blue Dog, I am cochair of the Blue Dogs. Every Blue Dog has a sign outside his or her office that lists the debt, $8.3 trillion, and each American's share of that debt. It is very important that all Americans recognize the liabilities that this administration has added to our backs. Mr. Spratt said earlier, $3 trillion of this have been added just in the last 4 or 5 years. It took America the first 204 years of its history to get $1 trillion in debt. Now we are doing it about every 18 months. But don't take my word for it. Don't take the Blue Dogs' word. Look at a book just written by one of the most conservative Republican economists in America, Bruce Bartlett. It is called ``Imposter: How George W. Bush Bankrupted America and Betrayed the Reagan Legacy.'' Now, you might say, well, he is a disgruntled economist, although I would urge everybody who cares about our fiscal future to read this book. Look at this one. This is from President George W. Bush's Department of Treasury, and they are so proud of this document that it was delivered to this body on Christmas Eve without a press release. In this document, you discover that the deficit last year was not the $319 billion that these gentlemen will admit to, it was $760 billion, over twice as large, and the unfunded liability for America approaches $46 trillion.…”