[Congressional Record Volume 158, Number 123 (Thursday, September 13, 2012)]
[House]
[Page H5932]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
A LONG-TERM DEBT SOLUTION TO THE COUNTRY'S FISCAL CLIFF
(Ms. JENKINS asked and was given permission to address the House for
1 minute and to revise and extend her remarks.)
Ms. JENKINS. This week, Moody's threatened to downgrade the U.S.'
credit rating if Washington fails yet again to deal with the long-term
debt problem. This is not news. We were downgraded last year, but
instead of acting to fix the problem, this administration racked up a
$1 trillion deficit for the fourth year in a row, and now we face a
fiscal cliff that could cause another recession.
Enough with the short-term fixes, patches, gimmicks, and tricks. They
only make the problem worse. This country needs a comprehensive budget
and tax reform. This means a simpler Tax Code that is more fair and
efficient, and it means fundamental spending reform that will save
Medicare.
We have a rare opportunity to put this country back on the right
track to ensure a more prosperous future for our children. Let's take
it. It's time to put the American people first.
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