[Congressional Record Volume 157, Number 114 (Wednesday, July 27, 2011)]
[House]
[Page H5592]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
DON'T FALL FOR THESE ACCOUNTING TRICKS
(Mr. BROUN of Georgia asked and was given permission to address the
House for 1 minute.)
Mr. BROUN of Georgia. Mr. Speaker, in the midst of all the talk about
raising the debt ceiling, I don't hear anyone talking about the most
important factor in this equation, our unsustainable National debt.
Everyone is focused on raising the debt ceiling, but if we truly want
to get our economy back on its feet, we need to begin paying off the
debt that President Obama and his predecessors have created.
It's obvious that our Democrat leaders in the White House and the
Senate care more about making campaign speeches than about the
livelihoods of the American people. Liberals want to raise taxes, but
of course not until after the elections. And they want to sham us with
talks about future cuts that we will never see materialize. It's like
one big Ponzi scheme, and they're trying to get the American people to
buy into it.
We need spending cuts now, and we need to pay down our outrageous
debt. I urge both my colleagues and the American people not to fall for
these accounting tricks.
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