Mr. President, I rise today to discuss the twin manufactured crises that are facing the country: A hobbled government and the threat of default. I have seen some describe this as a game, and I have heard others say it is just partisanship posturing. But this situation is neither. This is serious business. In fact, I am deeply troubled about this--not only as a Senator representing the State of Rhode Island, but as an American--about where my country is going. I am dismayed that some on the other side have decided that for whatever reason--and those reasons seem to keep changing--the only way to achieve their goal--and their goals seem to keep changing--is to shut the government down and suggest that defaulting on our debt will have no consequences. It would be a nice fiction if we could say: Well, America really didn't have to pay its bills. That we don't have to pay for the trillions we spent in Iraq and in Afghanistan, or for the significant tax cuts under President Bush that benefited the wealthiest Americans. I didn't support the operations in Iraq, and I didn't support those tax cuts. I think we could have invested the money much more wisely and helped America. But the reality is all these bills are coming due, and the United States Treasury has to pay them. Some of my colleagues on the other side are suggesting: Well, we can prioritize payments. No one will be upset. No one will be hurt if we don't pay the bills as they come due.…
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