[Congressional Record Volume 159, Number 29 (Thursday, February 28, 2013)]
[House]
[Page H706]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                         DEBT AND OVERSPENDING

  (Mr. HULTGREN asked and was given permission to address the House for 
1 minute.)
  Mr. HULTGREN. Madam Speaker, $52,653. A lot of numbers have been 
associated with our skyrocketing debt and government overspending, but 
$52,653 is a particularly striking one and should give everyone pause 
as the specter of an unwanted sequester looms over the Federal budget 
this week. $52,653 is the amount each individual American man, woman, 
and child owes as of today to pay off the country's $16.6 trillion 
debt.
  Clearly, overspending by the Federal Government has saddled us and 
our children with unsustainable debt, And just as clearly, any 
alternative must include reduction in spending.
  I'm not looking for winners or losers in D.C.; I want the American 
people to win when we make the cuts that need to be made. Controlling 
spending is a necessity. Targeted spending cuts, such as the House has 
twice proposed and passed, is vital to the sequestration solution.
  There is nothing worse than passing on a legacy to our children of a 
lower standard of living. Madam Speaker, we can and must deal with this 
issue of debt and overspending so that our children will not have to 
face $52,653.

                          ____________________