On the recordApril 15, 2010
I understand the need, again, to protect water and to protect estuaries. We all understand that. I grew up carrying water to my home, so I understand the value of water about as much as anybody here. But while we're increasing spending to protect estuaries, my constituents can't afford the bait and tackle to go fishing because they are out of work, they have lost their jobs, and there's no prospect for them to get jobs. I can't be responsible for ill-informed Republicans who have said things that my colleagues have quoted. And I want to say I don't vote against tax cuts, but every bill that they have put in that has had tax cuts have had tax increases in them. Republicans are voting against tax increases. What we have to be aware of here is that we should be dealing with the real problems that the American people are facing, and they have to do with the economy. In 2009, the budget deficit was $1.4 trillion, the first time in history the deficit exceeded $1 trillion and the first time the deficit exceeded 10 percent of gross domestic product since World War II. The consequences of this reckless spending are worth highlighting. But today the cost of the national debt is $41,398 for every man, woman, and child in the U.S. According to the March, 2010, monthly Treasure report, the Federal Government is projected to spend $425.127 billion paying interest alone on the national debt. We should be dealing with that.
Source
govinfo.gov




