Certainly it is the right thing to do. We take money involuntarily away from people in the form of taxation and appropriate it to the executive branch and then do not even ask them what they did with it. If we ask them, they could not tell us. That is outrageous, and the American people ought not to put up with it, and I hope they will not for too much longer. Let me say one other thing about the consequences of these deficits. We have raised the debt ceiling, and we are going to have to raise it again either this month or next month. It will be the fourth time we have raised the debt ceiling in 4 years, and the consequences of this, not only are we degrading the tax base because we are diverting more and more to interest, but 90 percent of these interest checks are now being sent overseas, not even staying in this country. When one is dependent upon foreign interests that do not see the world as we do for their finances, that creates a vulnerability, a financial vulnerability, for our economy, number one; but, two, I think it is a national security issue. If one reads history, as we all do from time to time, one will see that there are two things that a country cannot survive if they allow themselves to get into that situation. One is for a country to remain strong and free it must have the inherent ability to feed and clothe its citizens, agriculture.…
Share
More from John Tanner
Mr. Speaker, on September 14, 1960, President Eisenhower signed legislation into law, creating real estate investment trusts. House Resolution 1595 celebrates the 50th anniversary of REITs, as they are called, and the enhanced…
Thank you, Mr. Chairman. Madam Speaker, if we were in Afghanistan by ourselves, perhaps this debate would be worthwhile, but the fact is we are not. I am presently serving as the president of the NATO Parliamentary Assembly. The Afghan…
On August 5, 2010, 10 unarmed humanitarian aid workers affiliated with the International Assistance Mission... were brutally killed in Badakhshan province, Afghanistan. There were six Americans among the murdered aid workers. These brave…
this rule embodies a fundamental principle of responsible stewardship of this country, and that is to live within our means and pay our bills. There are some folks around here who apparently don't believe the laws of arithmetic apply past…





