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On the recordJanuary 18, 2012
Mr. Speaker, I rise today to ask my colleagues to support House Joint Resolution 98 denying this President the trillion-dollar draw on the Nation's line of credit. You know, just because you've got the credit limit that you've asked for doesn't mean you have to max out the credit card. How dare this President come back for another increase in the Nation's debt after the failure of the supercommittee. How dare he. This President did everything he could and successfully stopped the committee from producing any kind of cut to the size and scope of government, and now he wants to kick the can further down the road yet again. Another year, another trillion dollars in debt, Mr. Speaker. What has this administration done to stop the deficit spending that fuels the debt and brings about the need for an increase in the debt ceiling? Nothing. Mr. Speaker, this administration has done absolutely nothing to rein in this Federal Government. This is the same President whose party controls the other body. And on Tuesday, the United States Senate will mark 1,000 days since they last passed a budget, the same day the President delivers his State of the Union address. What an embarrassment, to continuously ask for more debt without even pretending to know how you've budgeted. If this were a private business, it would be bankrupt. This President and, sadly, this Congress continues to mortgage the futures of our children and grandchildren, drowning them in a sea of debt.…
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Jeff Duncan
Republican · South Carolina

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