On the recordJanuary 18, 2012
Madam Speaker, I rise today as the proud primary sponsor of the subject resolution that is before the desk. Madam Speaker, I'd like to start my conversation with a few numbers: $15.2 trillion. That is the size of our national debt. We as a Nation are borrowing at the rate of $58,000 per second. That is approximately $45,000 for each man, woman, and child in America. This type of debt is not sustainable. Madam Speaker, this resolution is offered today to send a message to the Nation and to the world that this Chamber is going to lead and not hide. We are going to deal with the issue of the national debt once and for all because it is time. The path that we are on is not sustainable. It is a path of bankruptcy, it is a path that will destroy the American Dream if we do not stand up to the plate and lead us out of this fiscal nightmare that we now find ourselves in. Now, many people in this town and in this Chamber and in the Chamber on the other side of the Capitol probably would like this issue to go away until after the election. The problem is, is that the issue will not go away. And even though if we don't want to deal with it politically, we need to deal with it substantively. And my resolution that is before this Chamber will send a message that the constant borrowing on the backs of our children and our grandchildren must come to an end. I quote the words of our own President when he was Senator in the U.S. Senate.…





