[Congressional Record Volume 157, Number 100 (Thursday, July 7, 2011)]
[House]
[Page H4686]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE DEBT CEILING REDUCTION ACT
(Mr. BROUN of Georgia asked and was given permission to address the
House for 1 minute and to revise and extend his remarks.)
Mr. BROUN of Georgia. Mr. Speaker, we have overspent and we are
overextended. Now we have to get out of debt.
For the last 20 years, we have been increasing the debt ceiling and
allowing Washington to spend more and more of the taxpayers' money.
This method of madness hasn't worked, and today, our economy is
suffering because of it.
Yesterday, I introduced a unique bill that would lower the debt
ceiling to $13 trillion. This proposal would force Washington to make
the spending cuts that we so desperately need to pay down the debt.
State and local governments, businesses and families understand, when
you've maxed out your credit card, you can't just give yourself a
credit increase. Instead, you have to cut spending and pay down your
bills. The Federal Government is the only entity that does not
understand this.
Mr. Speaker, I urge my colleagues to support H.R. 2409, the Debt
Ceiling Reduction Act, because we need to turn this country in a
completely different direction.
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