On the recordJuly 19, 2011
On July 15, 2011, just 4 days ago, President Obama said, ``We don't need a constitutional amendment to do our jobs.'' But the President clearly does. Let's go through the facts which the other side has conveniently forgotten. In the 30 months that he has been President, a short 30 months, he has added almost $4 trillion to our national debt. That is $133 billion a month, $3.1 million per minute, $51,000 per second. We have seen the destruction of Medicare through the enactment of ObamaCare, making Medicare insolvent by more than $60 trillion. You want to talk about Medicare destruction, you can look right over here and see Medicare destruction. We have almost 40 million Americans on food stamps, the most ever. We have spent $1 trillion on a stimulus plan, but we still have one out of every six working-age Americans either underemployed or unemployed. {time} 1520 This is what Mr. Obama calls ``winning the future.'' That's what he threatened in his veto of Cut, Cap, and Balance. He wants to win the future. Mr. Obama, you're not winning the future. You're not winning anything. The Obama plan for our country is tax, spend, and regulate; not winning the future. More taxes mean fewer jobs. More spending and more debt: fewer jobs and less economic growth. More regulation: fewer jobs, less economic growth. And with the Obama plan, there's more. You get to have gasoline prices that are double what they were when he was inaugurated.…
Source
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