On the recordFebruary 29, 2012
For 4 consecutive years, President Obama has introduced a budget with a $1 trillion deficit--4 years in a row. This has never happened in our Nation's history. Well, how much is $1 trillion? If you spent $1 million a day every day, it would take you almost 3,000 years to get to $1 trillion. No longer can we do this. We're paying more than $733 million a day in interest on our national debt. We deficit spend something like $4 billion a day. Ladies and gentlemen, we cannot sustain the spending that we have. Our Nation is going bankrupt. It is imperative that this Congress get a grip on its fiscal future and put forward a budget that is responsible and over the course of time will actually balance our books and pay off the national debt. ____________________
