On the recordFebruary 1, 2006
In the last 4 years, this President and the Republican House and the Republican Senate have borrowed more money, $1.05 trillion, than any every other President before him and Congresses before this one in the last 224 years. We are borrowing money to give rich people a tax cut, period, dot. And when we talk about accountability, this is what we are talking about because this has long-term ramifications to our potential economic growth because the money we are spending to pay down this debt and to pay the interest to the Chinese government is money that we are not investing into the COPS program, we are not investing into our veterans, we are not investing into research and development, we are not investing into making sure that every household has access to broadband communications. We are not investing that money into public venture capital that will lure private investment like they are doing in Israel, and they have a lot of innovative things going on in Ireland. These are the things that we need to do, but it all starts with balancing here in budget in the United States Congress. Mr. Meek has two beautiful kids. He cannot ask his kids to be responsible and then his example is to be irresponsible. It just does not work that way. He works hard and his kids see him work hard. So at the end of the day, they are going to learn a lesson from him. I appreciate the gentleman's yielding to me.…
Source
govinfo.gov




