[Congressional Record Volume 167, Number 179 (Tuesday, October 12, 2021)]
[Extensions of Remarks]
[Page E1087]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                   UNDERSTANDABLE MATH REVEALS CRISIS

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                            HON. JOE WILSON

                           of south carolina

                    in the house of representatives

                       Tuesday, October 12, 2021

  Mr. WILSON of South Carolina. Madam Speaker, I was grateful to 
receive from the appreciated historian Greg Shorey of Hilton Head 
Island, South Carolina, the following message . . .

       TO: SERIOUSLY CONCERNED PATRIOTS--IT IS IMPORTANT we all 
     understand how this proposed Budget Bill could seriously 
     affect us! The details destroy our freedoms & brings our 
     uncontrolled debt to $30 TRILLION!
       As with MOST in Congress, most voters won't take time to 
     comprehend the devastating affects this $3.5 TRILLION--2500 
     page budget bill the socialist Democrats are trying to shove 
     down our throats! This is an excellent way to understand the 
     math affects--BUT the greater DISASTER will be the death of 
     our free enterprise system & our Constitutional Republic!

  This cuts through all the political doublespeak we get. Politicians 
`new math.'
  It puts it into a much better perspective.
  Lesson No. 1:
  U.S. Tax revenue: $2,170,000,000,000
  Fed budget: $3,820,000,000,000
  New debt: $1,650,000,000,000
  National debt: $19,271,000,000,000
  Recent budget cuts: $38,500,000,000
  Let's now remove 8 zeros and pretend it's OUR household budget:
  Annual family income: $21,700
  Money the family spent: $38,000
  New debt on the credit card: $16,500
  Outstanding balance on the credit card: $192,710
  Total budget cuts so far: $385
  Got it??
  Lesson No. 2:
  Here's another way to look at the Debt Ceiling:
  Let's say, you come home from work and find there has been a sewer 
backup in your neighborhood . . . and you home has sewage all the way 
up to your ceilings. What do you think you should do? Raise the 
ceilings, or pump out the sewage?
  In conclusion, God Bless our troops, who successfully protected 
America for 20 years, as the Global War on Terrorism continues moving 
from Afghanistan to our neighborhoods.

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