On the recordJanuary 26, 2012
Mr. President, we are here today to debate the President's desire to take on more debt. We are here to debate whether it is a good thing to put current and future generations on the hook for the spending policies of this administration. I believe that it is not a good thing. We should not enable this administration to spend more taxpayer dollars by increasing the debt ceiling. We should be forcing the administration to lead, and to make the reductions in government programs and spending that everyone knows must happen if we are to remain a free and prosperous Nation. Here is the bottom line, and it is not pretty. Our debt today is $4.6 trillion higher than when President Obama took office. In his 3 years in office, President Obama has run up the three largest deficits in American history. Three trillion-dollar deficits. This is an enormous burden that the President is placing on American taxpayers. He talks about fairness. Well, this debt is unfair to current taxpayers and future generations. Yet by this debt ceiling increase, he wants Congress to give him a green light to spend more, running our debt up to nearly $16.4 trillion. The debt per person has increased by $13,963 since President Obama took office. This is unacceptable. I will be voting for this resolution of disapproval. The debt ceiling should not be increased. The fiscal path that this Nation is on is a path to ruin. The President knows that.…





