[Congressional Record Volume 156, Number 85 (Tuesday, June 8, 2010)]
[House]
[Pages H4217-H4218]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
CONGRESS MUST ACT TO AVERT A DEBT CRISIS
(Ms. FOXX asked and was given permission to address the House for 1
minute.)
Ms. FOXX. Madam Speaker, we've got a debt problem in America. The
[[Page H4218]]
Federal Government keeps spending money and running up the national
credit card at a record clip: $8.5 trillion over 10 years. Congress
can't just cross its fingers and hope everything works out. That will
only make the debt crisis that much more severe for our children and
grandchildren.
We must start cutting spending and reducing the deficit now. To do
otherwise and watch as our national debt prepares to overtake us is
reckless. It is as if we are on the Titanic; we know there is an
iceberg ahead of us in the darkness, but we refuse to change course. No
amount of denying our debt crisis will change the fact that this
iceberg exists. We can avert disaster, but we must act quickly to
restore fiscal responsibility before it is too late.
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