On the recordFebruary 14, 2006
Which is also going back to OPEC. So OPEC is benefiting from the high oil prices, high gasoline prices. They are benefiting from the net interest we have to pay on the money we are borrowing from them at the expense of education, homeland security, and veterans. Let me just show you this, and let me just say this is a powerful, powerful, powerful group of information here that we need to share, and I have got to tell you something. I love this slide. I love this. I want to be friends with this slide. Look what we can do. This says what else could the government do with the interest, the red that we just showed, what else could the government do with the interest that the country pays every day on the debt that we have. $1 million in every congressional district per day. That means in the gentleman from Florida's congressional district, you get $365 million; the gentleman from Massachusetts (Mr. Delahunt), $365 million for your congressional district; $365 million for mine. I can tell you, with the health care priorities and education and veterans that live in my district, they would love to have an extra million a year. With the debt every day, we could provide health care for almost 80,000 more veterans if we balance our budget, if we get our fiscal house in order here. We could improve Social Security solvency by almost half a billion dollars if we could begin to balance the budget.
Source
govinfo.gov




