Francisco Canseco: “This is a spending-driven debt crisis that has us borrowing approximately 40 cents of every dollar.”

The victims of MF Global deserve their money back, but they also deserve to know what happened to it.

One thing that continues to amaze me is the complete disconnect between what goes on in Washington and the realities on the ground in our economy.

All it takes is a 5-minute conversation with a community banker, a small businessman, or a credit-worthy family who can't get a loan to comprehend just how badly this promise has been broken.

I thank the gentleman from Texas for yielding. Mr. Speaker, the Financial Services Committee has responsibly contributed, roughly, $35 billion in deficit reduction measures to this bill, and I am happy that one of these measures that I…