Mr. Speaker, why are we here for the third time in 3 years? It is because our country has borrowed over $1.5 trillion in that time from 2001 until now. Mr. Speaker, this is not an accident. This is the first administration and the first Congress in the history of this country that has knowingly, willfully, deliberately, and consciously pursued an economic plan that will leave our country weaker in the long run than when they found it. No other people who have occupied these seats have consciously, willfully and deliberately bankrupted our country like what is going on today. Just in the last 4 years, at a 5 percent interest rate, these people have raised taxes on the American people $67 billion a year each and every year from now on to the rest of our lives because of this prolific borrowing that is going on. All we have asked of the majority is before we borrow another $800 billion in the name of every citizen in this country, they would at least give us the opportunity to stop and say why do we not pay for what we are spending? Why do we not do the moral value of paying our bills?
Editor's note · Context
Addressing national debt and fiscal responsibility during a House floor debate.
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