Kevin Hern: “I appreciate the comments from my colleagues across the aisle. What the American people have just heard is the only way…”

“I appreciate the comments from my colleagues across the aisle. What the American people have just heard is the only way forward is to spend even more. Remember, the Obama administration's own Treasury Secretary said the spending is what caused the inflation that you are experiencing that is running rampant across America. The spending is crushing the future of our American kids and our grandkids and future generations, with over $30 trillion in debt. The same inflation that the Feds right now are raising interest rates, they are going to drive up our mandatory spending on the interest on our debt. The answer is not to continue spending ourselves into bankruptcy. There has been no offer from my colleagues across the aisle where there is any way to quit spending the amount of money we are seeing today. Moody's just said that the American people have $5 trillion more in their bank accounts today than they had just a little over a year ago, money that was sent to them by the Federal Government that we borrow from places like China. Friends, we have got to be more fiscally responsible. I spent the last 2 years--5\1/2\ months last year, 5\1/2\ months this year--as the budget chairman for the Republican Study Committee, actually working on the budget, actually seeing where our spending goes. We cannot keep having double-digit increases in our spending and expect to be ever responsible to the American people for the future of this country. Ms. DeLAURO. Mr.…”