Ernest Istook: “this amendment is about $1.3 billion extra in Federal spending. No matter where we say the money is going to go, where…”

“this amendment is about $1.3 billion extra in Federal spending. No matter where we say the money is going to go, where is it going to come from? We asked the proponents, and they say we will take it out of the money that we were planning to spend next year. Where do we get the money next year? Well, from the year after that and the year after that. Kind of reminds me of the husband who wanted the boat. He says to his wife, ``I am going to get a boat.'' ``Where are you going to get the money?'' ``I will take it out of the mortgage.'' ``How will you pay the mortgage?'' ``I will take it out of the electric bill.'' ``How are you going to pay the electric bill?'' ``I will take it out of the clothing budget.'' ``How are you going to buy clothing?'' ``I will take it out of the grocery budget.'' ``How are you going to buy groceries?'' ``I guess we will have to borrow.'' That is what this is about. This is about increasing the amount that we are going to borrow. From where do we intend to borrow this $1.3 billion? Well, there are many different ways. We could write a check, if we had one. We could put it on a MasterCard or an American Express or a Visa. But ultimately it means we are talking about borrowing that money from our children. I have five of them. I do not want them to be buried in debt before they are even grown.”