I rise to turn back the clock. No, I am not referring to the annual daylight savings time change that occurred this past weekend. Nor am I having a moment of nostalgia. Rather, I am referring to the famous clock that tallies the Nation's growing debt. The surpluses of the late 1990s put the clock that tallies our Nation's debt into retirement. But now, the borrow-and-spend policies of the Bush administration and the Republican Congress put the clock back in operation, adding $1 million to the Nation's debt every minute, for a total of $3 trillion in new debt since 2002. The Republican Party's 2007 budget, which we will vote on this week, continues their borrow-and-spend policies. It also will cause a problem that the designers of the Time Square clock did not anticipate. It cannot accommodate the extra digit that will be required to display a debt of over $10 trillion. American taxpayers, along with our children and our grandchildren, should not be saddled with this debt. We should stop this fiscal irresponsibility and reject the President and the Republican Congress' budget. ____________________
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