[Congressional Record Volume 159, Number 140 (Wednesday, October 9, 2013)]
[House]
[Page H6429]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                     PLAN FOR PAYING DOWN THE DEBT

  (Mr. YODER asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. YODER. Mr. Speaker, the American people understand the importance 
of making tough decisions and balancing their budgets.
  According to the Federal Reserve, over the past 3 months, Americans 
have worked to pay down their credit card debts by more than $6 
billion; yet the United States Government continues to operate in the 
red, as it has operated in the red 55 of the last 60 years. Our 
national debt now stands at $17 trillion. Now the administration is 
asking Congress to increase our debt by trillions more.
  Mr. Speaker, Americans do not want to raise the debt ceiling again 
unless they see a path towards paying down the national debt and 
balancing the Federal budget. American citizens cannot take out a loan 
without a plan to pay it back. How can our Nation continue to borrow 
money without any plan to pay it back?
  Mr. Speaker, let's stop the culture of debt and despair in 
Washington, D.C. Let's put a plan in place to pay down our debt, and 
let's get our country back on solid financial footing.

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