[Congressional Record Volume 156, Number 104 (Wednesday, July 14, 2010)]
[House]
[Page H5550]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
{time} 1010
DEBT
(Ms. JENKINS asked and was given permission to address the House for
1 minute and to revise and extend her remarks.)
Ms. JENKINS. For the past 18 months, the leadership in the House has
ignored the impending fiscal crisis, acting like they know best and
that the economy would recover if we simply spent more money. They're
wrong. And today, I'd like to remind them of one number that should get
their attention: $166 billion. A few years ago, that was more than the
annual budget deficit. Now, that's how much the debt increased on June
30 alone. The President's fiscal commission said this debt is a cancer
``that will destroy the country from within.'' As a daughter of two
cancer survivors, those words are strong. But as a CPA that knows how
debilitating debt can be, I couldn't agree more. It's time for the
majority to stop ignoring reality. It's time to stop the reckless
spending and get the $13.2 trillion debt under control.
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