On the recordJanuary 26, 2012
Mr. President, I come to the floor aghast that we have entered into a unanimous consent agreement to spend less than 2\1/2\ hours talking about raising the debt ceiling another $1.2 trillion-- $1.2 trillion. We passed the Budget Control Act that raised the debt limit to $15.2 trillion. The President has requested another increase in the debt limit of another $1.2 trillion. We passed the Budget Control Act that didn't cut spending. There is no absolute reduction in spending. We didn't eliminate one program. We didn't do one oversight hearing on the waste, fraud, and abuse in the Federal Government from the time of August, when we passed that, until now. No wonder America is disgusted with Congress. On September 7, the debt limit was increased from $8.9 trillion to $9.8 trillion. In July of 2008 the debt limit was increased to $10.6 trillion, and in October to $11.3 trillion, in February of 2009 to $12.1 trillion, in February of 2010 to $14.3 trillion, in August of 2011 to $14.7 trillion, in September of 2011 to $15.2 trillion, and now we are going to raise it to $16.3 trillion. I did not vote for one of those. The reason is a debt limit does not mean anything in this country, because every time we come up to the debt limit, what we do is just pass it rather than do what the American people have asked us to do. Little has changed in Washington in the last 5 years.…





