[Congressional Record Volume 157, Number 176 (Thursday, November 17, 2011)]
[House]
[Page H7733]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                    NATIONAL DEBT HITS $15 TRILLION

  (Mr. YODER asked and was given permission to address the House for 1 
minute.)
  Mr. YODER. Mr. Speaker, yesterday was another landmark day in 
Washington's borrow-and-spend legacy. The national debt now stands at a 
staggering $15 trillion. This comes at a time when our economy is 
struggling, the unemployment rate is high, and Americans are tightening 
their belts and doing more with less. It remains clear that the 
Washington theory of borrowing and spending to create wealth and grow 
jobs simply is a fraud on the American people.
  Both political parties know that this staggering debt is a cancer on 
the future of our Nation and something we can no longer ignore. I ask 
my colleagues to join together and save the future of this country, to 
stop the suffocating debt and spending. Let's pass a constitutional 
amendment that requires a balanced budget, that prohibits Congress from 
borrowing from the future, and let's pass a legacy of prosperity and 
wealth to the next generation.

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