Every evening across this great land, after homework is finished and the supper dishes are cleared and the children are put to bed, Mom and Dad sit down at the kitchen table, they sharpen their pencils, and they take out a pad of paper, and they struggle to make ends meet. Whether their budgeting technique is different than the house next door, they know, without a doubt, that they cannot have their monthly bills exceed their monthly take-home pay. If the bills are higher than the monthly pay, they have to make changes. So bill by bill they discuss what they have to pay. They discuss things like the power bill and the rent and the mortgage, the car loan, the credit card payments. Mom and Dad cut out the things that they can do without. Maybe it's the golf membership for Dad. Maybe it's the weekly pedicure for Mom. Whatever it is, they know they have to make tough and real decisions. It's time to stop the spending insanity here in Washington, D.C. America, your Nation is broke. We cannot continue to borrow 42 cents of every dollar we spend. We cannot continue to spend a trillion dollars more each year than we're bringing in; and we definitely cannot do that year after year, raking up over $14 trillion in debt that our children must one day pay. And your Congress is struggling with cutting a paltry $61 billion from a $3.8 trillion spending plan. It's like we're arguing over what station the radio is on while the car is going off the cliff.…
On the recordApril 8, 2011
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