On the recordJuly 22, 2011
I would appreciate the Chair letting me know when 4 minutes has expired. Let us put this debate in context. In 2010, we had a major election in the country. The people who were elected in the House made promises to their constituents: If you send me to Congress, I will try to change the system and deal with the fact our Nation is being run into the ground. We have more debt than any future generation can ever pay off, with 40 cents of every dollar we spend being borrowed money. If you are born today, you inherit about $48,000 of debt. We are spending more on Social Security payments than we collect in taxes. Medicare is underfunded by $30-something trillion over the next 75 years. When you add up all entitlement programs, we are about $50 trillion short of the promises we have made. Simply put, the House Republicans who were elected, during their campaigns said: I believe Congress is out of control. We are going to become Greece, and I want to do something about it. What did you expect when they got here? They would say: Okay, I have been taught the real way the Congress works, and it is all okay. They did something about it. Congratulations. Anytime a person running for office fulfills the promises they made to their constituents, they have done a great service to democracy. Cut, cap, and balance is the House effort to reduce spending not 10 years from now but this coming year.…





