Jeb Hensarling: “I somewhat reluctantly rise in opposition to this conference report. The goals contained within this conference report…”

“I somewhat reluctantly rise in opposition to this conference report. The goals contained within this conference report are very lofty goals. I know that many good things could be done with this money and that there are many good programs contained within it. But I have to ask a most inconvenient question, which I frequently find myself asking on this House floor: How are you going to pay for it? Mr. Speaker, we continue to run deficit, which means now, by definition, when you are running a deficit, the first money is coming from raiding the Social Security Trust Fund. Is this program worth that? I have Members coming to the floor to decry, well, we are borrowing money from China. Well, if you are floating T-bills and they are buying that debt, yes, then you are borrowing money from China. Is this worth borrowing money from China?”