On the recordJuly 30, 2011
Thank you, Mr. President. Following my colleague from Utah who talked about getting the President engaged in these discussions, I noticed a large story in Thursday's New York Times: ``President on Sidelines in Critical Battle over Debt Ceiling.'' President on the sidelines. We are at a time where we are facing the largest threat to our national security, and we cannot have the President on the sidelines. When I talk about the single largest threat to our national security, I am not talking about a terrorist organization. I am not talking about wars in Iraq and Afghanistan. I am not talking about natural disasters, disease, epidemics, and not famine. I am talking about our national debt. Our national debt is the threat. It is the greatest threat to our national security. I will tell my colleagues this isn't a problem for one party, the other party; it is a problem for all of us as Americans. I am not the only one who is saying that. Actually, the Chairman of the Joint Chiefs of Staff, ADM Mike Mullen, has said the most significant threat to our Nation's security is our debt. Let me repeat: The most significant threat to our national security is our debt. My colleagues may notice that Admiral Mullen makes no mention at all of the debt ceiling. He is speaking specifically about the debt. He is doing that because the debt ceiling isn't the problem; our national debt is the threat. We have $14 trillion of debt, and it continues to grow. We are borrowing every day over $4 billion.…





