[Congressional Record Volume 155, Number 21 (Tuesday, February 3, 2009)]
[House]
[Page H880]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                              {time}  1415
                      WHERE DO WE BORROW IT FROM?

  (Mr. McCLINTOCK asked and was given permission to address the House 
for 1 minute.)
  Mr. McCLINTOCK. Madam Speaker, when we speak of running up $2 
trillion of debt to pay for this year of unprecedented spending, where 
does that money come from? We don't have it, so we borrow it. Where do 
we borrow it from? We'll borrow that $2 trillion from the same pool of 
funds that would otherwise have been available for employers seeking to 
add jobs, or homebuyers seeking to buy homes or consumers seeking to 
buy new cars and appliances. But now that money won't be there for 
consumers or homebuyers or employers to borrow to expand the economy 
because government has borrowed it instead to increase government 
programs like the National Endowment for the Arts.
  Madam Speaker, when are we going to stop hurting the economy and 
start helping it?

                          ____________________