On the recordJuly 19, 2011
Members speak with so much certainty about these things. It's not what we know that's the problem. It's what we know that just isn't so. Now, first and foremost, when we look at the Constitution of the United States, and we look at article I, when we deal with the legislature, among other things, the items or powers granted to the legislature, the first one is to borrow on credit on behalf of the United States. Now, if the Forefathers had no notion that we would be borrowing, they would not have granted this as the first enumerated power to the legislature. But let's deal with this more commonsensical misinformation that's been shared on the floor. They said, well, most families have to balance their budgets. No, our families have mortgages. They don't wait till they get homeless to then go the bank to try to get a roof over their family's head. They borrow so they can have a home. They don't wait until they need a car; they borrow the money to have the car. They said most businesses balance their budget. The manufacturers in my district don't wait until their machines fall apart to recapitalize their business. So we need to stop dealing in falsehoods here and know that our country, the greatest superpower in the world, has to act in responsible ways. I encourage a ``no'' vote on this proposal.





