[Congressional Record Volume 156, Number 80 (Tuesday, May 25, 2010)]
[House]
[Page H3753]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
DEVELOP A PATH TO FISCAL SOLVENCY
(Ms. JENKINS asked and was given permission to address the House for
1 minute and to revise and extend her remarks.)
Ms. JENKINS. As a CPA, I've counseled folks who are in debt. The
first step is to acknowledge the problem. The second step is to develop
a budget that maps out the path to solvency.
Our children, who stand to inherit a national debt level that is
unsustainable, should require Congress to adopt a similar approach.
Apparently, the majority is afraid to admit that Washington has a
spending and borrowing problem, and they plan to avoid even discussing
a budget. In 2008, then-candidate Obama told Joe the Plumber, ``We need
to share the wealth.''
I was concerned then, but now I am appalled, because who are we
sharing the wealth with? The Chinese. Sending nearly a trillion dollars
to foreign nations to pay debt service on reckless spending is not what
our kids deserve. Our kids deserve a Congress that will do their job
and make the tough decisions to get our fiscal House in order, which
starts by developing a responsible budget.
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