On the recordMarch 19, 2012
I appreciate the gentleman from Arkansas yielding. I want to take a couple of steps back in this conversation and first talk about the national debt. Many Americans are well aware that today we owe well over $15 trillion in national debt. This year alone we're going to borrow $1.3 trillion on top of a trillion dollars last year and the year before that. There are trillion-dollar deficits as far as the eye can see. Last year, the House Republicans put forward a budget that showed a path to balance telling the American people how we balanced the American budget at some point in the future. Now, last year and this year, the President put out a budget, neither of which were ever balanced, never telling the American people what his plan is to bring American spending to balance with its revenues. So we look a couple years back when the President and this House passed the Affordable Care Act, or ObamaCare, which the CBO now states that over 10 years, the rosiest of projections say it's going to cost the country nearly $2 trillion more. Even when they put out that budget or that proposal for health care reform, they're still not willing to put out a budget that says how we're going to pay for it. That concerns me. I'm a father of six. We're spending today and passing the bill off to the next generation. It's unconscionable. Let's actually talk about what the President and this House have passed in ObamaCare: $2 trillion over 10 years in additional spending.…





