On the recordNovember 30, 2023
I thank my friend from Pennsylvania. When I started this speech, I talked about The Wall Street Journal poll from this month finding that only 36 percent of voters said the American Dream still holds true and that our country, our society, is in deep despair and needs help. I talked about the $11,400, according to CBS, that the typical American household must spend additionally every year just to maintain the same standard of living that they enjoyed in January 2021. The fact of the matter is, the American people are suffering. We in this body know it, yet we are doing nothing about it. All we are doing is making it worse by spending more money we don't have, indebting our children and grandchildren. We are now $34 trillion in debt, and all I get from my colleagues on the other side of the aisle is lip service about taxes when we have been bringing in revenue to the Treasury at the top level we have ever done in the history of this country, 19.2 percent. We have plenty of revenue. What we refuse to do is deal with our spending problem, promises that we have made but cannot honestly deliver on without printing money. I talked about the extent to which the average American family can no longer afford a car. A new car costs $50,000, nearly double what it cost 10 years ago. Why?…
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