[Congressional Record Volume 161, Number 24 (Thursday, February 12, 2015)]
[House]
[Page H989]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
UNSUSTAINABLE DEBT UNDER PRESIDENT OBAMA
(Mr. WILSON of South Carolina asked and was given permission to
address the House for 1 minute and to revise and extend his remarks.)
Mr. WILSON of South Carolina. Mr. Speaker, in July 2008, then-Senator
Barack Obama said that President Bush adding to the national debt was
``irresponsible'' and ``unpatriotic.'' In February 2009, President
Obama warned congressional leaders that the rate of government spending
was unsustainable and pledged to cut the deficit.
Clearly, his words did not translate into actions. The deficit has
tripled since President Obama took office. Now, the President's recent
budget last week provides for $8.5 trillion in new debt and does not
ever balance. Republicans, led by Chairman Paul Ryan, will produce a
positive budget which balances.
The current rate of government spending is putting America's youth at
risk with skyrocketing interest payments. I will keep working to
promote policies that reduce our debt, cut wasteful spending, and
create jobs while maintaining vital defense funding to promote peace.
In conclusion, God bless our troops, and may the President, by his
actions, never forget September the 11th in the global war on
terrorism.
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