I thank the gentleman for yielding. Mr. Chair, the American people are asking this Congress and this President what part of ``broke'' don't you understand. Already we have seen, on June 30, the third largest one-day increase in the national debt in our history: $166 billion larger than the entire annual deficit of 2007. Already this year the deficit has crossed the trillion dollar mark for only the second time in American history. Of course, the first time, as we know, was last year. We are looking at the largest national debt in our Nation's history. As a percentage of our economy, it rivals that of World War II, and it's only due to get worse. {time} 1440 And yet since the Democratic majority has come in, President Obama has been elected, this body has gone on a spending spree, today borrowing 41 cents on the dollar, mainly from the Chinese, to send the bill to our children and our grandchildren. At one time Mr. Hoyer of Maryland, now the House majority leader, said to run deficits was akin to ``fiscal child abuse,'' and now all we seemingly hear from the other side is the refrain, ``Que sera sera.'' So today we have an appropriations bill, one, Mr. Chairman, that's coming to this floor without a budget. First time in the history of the House the House hasn't even attempted to pass a budget. Well, Mr. Chairman, I guess the only reason you want a budget is because you want a limit on spending. If you don't want to limit your spending, you don't need a budget.…
On the recordJuly 29, 2010
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