President Obama and the Democratic Congress have set six records. Unfortunately, they are not the ones the American people hoped for: One, Americans are staying unemployed longer than ever before; Two, for the first time since the current budget rules were adopted 35 years ago, the House will not pass a budget; Three, the Federal debt has never been larger; Four, the cost of health care has never been higher; Five, we are more dependent on foreign oil than ever before; Six, the Federal Government has taken control of an unprecedented number of private companies, according to the Congressional Research Service. These records stifle economic growth and hurt all Americans. They are taking our country in the wrong direction.
Lamar Smith: “President Obama and the Democratic Congress have set six records. Unfortunately, they are not the ones the American…”
Editor's note · Context
The speaker criticizes President Obama and the Democratic Congress for economic records.
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