But I sat here and listened carefully to his very eloquent speech that was totally irrelevant to the motion that is before the House. We are not talking about raising taxes. We are talking about being concerned about the rising deficit. And sooner or later these speeches that we make, and I think it was Yogi Berra who said this is deja vu all over again, sooner or later folks like the gentleman from Arizona (Mr. Hayworth) are going to have to come to this floor and increase the debt ceiling for the United States of America, the credit card limit. Because they can talk about all of what these tax cuts are doing all they want to, but CBO today certified that we now have the largest deficit in the history of our country, $422 billion; and it is explained away, somehow, some way, this rhetoric that we hear over and over that unfortunately has got a few of the American people believing them, that these deficits do not matter. They do matter; and soon, I hope, the gentleman from Arizona will stand on this floor and move the motion to increase our debt ceiling to $8 trillion, which is what somebody is going to have to do because we will reach sometime in October or early November the credit card limit of what the United States of America can borrow.
Charles W. Stenholm: “But I sat here and listened carefully to his very eloquent speech that was totally irrelevant to the motion that is…”
Editor's note · Context
Addressing concerns about the rising deficit and the need to increase the debt ceiling.
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