[Congressional Record Volume 157, Number 78 (Thursday, June 2, 2011)]
[House]
[Page H3917]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
PRESIDENT'S DEBT CEILING REQUEST FAILS
The Chair recognizes the gentleman from South Carolina (Mr. Wilson)
for 5 minutes.
Mr. WILSON of South Carolina. Mr. Speaker, on Tuesday night, the
people's House spoke loud and clear: No debt limit increase without
real spending cuts to promote job growth. Liberals wanted to increase
the debt limit by $2.4 trillion with no meaningful reforms. At a time
when the Federal Government is borrowing 42 cents of every dollar it
spends, the last thing Americans want to do is raise the government's
borrowing limit recklessly killing jobs. Liberals in Congress need to
attach real cuts to any increases they are seeking. That means for
every dollar proposed to increase the debt limit, there should be one
dollar in cuts. It makes sense.
Tuesday night's vote of 318-97-7 shows that the House is
overwhelmingly in agreement with this debt limit increase being denied.
Over 80 Democrats joined with the 237 Republicans to vote against the
President's debt ceiling request. Adding more debt to our economy
handicaps small business job creation and aggravates our country's debt
crisis even further. This is a direct risk to senior citizens with the
value of the dollar being put at risk. It's a threat to students who
could be faced with overwhelming debt in the future.
In conclusion, God bless our troops and we will never forget
September 11th in the global war on terrorism.
____________________