[Congressional Record Volume 152, Number 86 (Wednesday, June 28, 2006)]
[House]
[Pages H4687-H4688]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
WASHINGTON REPUBLICANS CAN'T IGNORE FACT THAT THEY CREATED RECORD-
SETTING DEFICITS
(Mr. CLEAVER asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. CLEAVER. Mr. Speaker, I am a Democrat, and I am glad about it.
The reason for this joy is over the fact that the party to which I
belong is pushing back against this Republican-led Congress and their
out-of-control spending. Let us take a look at the facts. President
Bush and congressional Republicans have turned a $5.6 trillion surplus
into a $4 trillion deficit, a change of $9 trillion.
This is the most fiscally irresponsible American administration. We
owe China almost $150 billion. My hope is that we never have to go to
war with them because I don't believe they are going to finance it.
[[Page H4688]]
Secondly, it is absolutely unacceptable that the United States is
borrowing almost all the money they are using to fight in Iraq and
Afghanistan.
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