Blake Moore: “Mr. Speaker, we have in this country a $7.1 trillion national debt. We have a projected deficit by the Office of…”

“Mr. Speaker, we have in this country a $7.1 trillion national debt. We have a projected deficit by the Office of Management and Budget for this year alone of $521 billion. The interest on our national debt, $7.1 trillion, is almost $1 billion a day. We are in a hole, Mr. Speaker, and we are digging the hole deeper and deeper by our lack of fiscal responsibility. American families live by three simple rules: Number one, do not spend more money than they make; number two, pay off their debts; and, number three, invest in basics in the future. The basics for an American family are food, shelter, transportation, health care, education, things that we write checks for, bills that we write checks for, every month. And the same basics for our country, our national defense, some sort of Social Security system, some sort of national highway system to transport goods around this country and keep our economy going. And yet the government, our government and our Congress, has not lived by these rules that American families lived by for many years, and to show for that we have a $7.1 trillion debt. We need to get back to fiscal responsibility.”