On the recordJanuary 23, 2013
Today's debate is about one very simple but profoundly important goal, Mr. Speaker, and that is restoring our vibrant economy by reducing the crippling weight of the growing debt caused by our Federal Government. In the coming months, we face a string of deadlines that will force Congress and the administration to address the fundamental challenge of our trillion-dollar deficit and its mounting effect on our economy and jobs in America. We've already exceeded $16 trillion in debt, and Republicans find this debt level absolutely unacceptable and that is why we are here today. By contrast, President Obama seems to be perfectly comfortable with the idea of reaching $23 trillion, which is where we'll be at the end of his second term if we continue his policies in that direction. While $16 trillion in debt is stifling our economy, $23 trillion would crush it. It would crush the dreams and hopes and aspirations of our great Nation and the people who will certainly follow us, our children and our grandchildren. That's why, today, we're considering this rule and the underlying bill in order to reverse this course. Our great Speaker, John Boehner, and our majority leader, Eric Cantor, are pleased that this bill is on the floor today to discuss not just this important activity with our Members of Congress, but to let the American people know we are serious about what needs to be done to save this country from this crippling debt.…
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