[Congressional Record Volume 157, Number 29 (Tuesday, March 1, 2011)]
[House]
[Page H1429]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
TURN THIS SHIP AROUND
(Mr. KINGSTON asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. KINGSTON. Mr. Speaker, imagine in your own household if, for
every dollar you spent, 40 cents was borrowed. Obviously, you would sit
down with your family at the kitchen table and say, Okay, for every
dollar we spend, 40 cents is borrowed. We're going to have to change
our purchasing habits.
That's what American families do; that's what farmers do; that's what
small businesses do each and every day. Yet, for some reason, the U.S.
Congress thinks it can defy gravity and not worry about this deficit,
which is now $1.5 trillion. The debt is nearly 90 percent of the GDP,
and we owe much of this money to China.
We have got to make tough decisions. It is not time for partisan
politics. We need to come together as Democrats and Republicans and do
what American families, farmers and small businesses do every day,
every year. We need to reduce spending and turn this ship around.
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