Yes. Recall that President Obama, since he took office, will double the debt in 5 years, triple it in 10 years. This is absolutely unsustainable. When the Budget Committee met with Mr. Orszag, who is the director of the OMB, the Office of Management and Budget, we asked him if this budget was sustainable. In other words, if there are adequate revenues being collected to pay for the budget that we have passed. And Mr. Orszag acknowledged that there are not. We cannot do that. Yet we do it year after year after year.
On the recordMay 26, 2010
Editor's note · Context
The speaker is discussing concerns about the sustainability of the federal budget and rising national debt.
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