[Congressional Record Volume 169, Number 43 (Tuesday, March 7, 2023)]
[House]
[Page H1122]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
OUR NATION'S DEBT THREATENS FAMILIES
(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, America is heavily in debt
and living beyond its means.
Last month, the nonpartisan Congressional Budget Office issued a
report projecting a Federal budget deficit of $1.4 trillion for 2023.
Further, the net interest on our national debt will amount to a $10.5
trillion burden in taxes for families over the next decade destroying
jobs.
The Nation has had a record increase in revenue, but unfortunately,
under Biden and the Democrats, spending has surpassed the amount of
money raised. This reckless and irresponsible spending has led to
horrific debt as a threat to our children and grandchildren.
The newly elected House Republican majority led by Speaker Kevin
McCarthy is committed to creating jobs with an economy that is strong
and fiscally responsible.
In conclusion, God bless our troops who successfully protected
America for 20 years, as the global war on terrorism continues moving
from the Afghanistan safe haven to America.
I thank Tucker Carlson for last night's ``Tucker Investigates'' about
January 6, which Glenn Beck has correctly identified as every level has
been lying about January 6.
The truth has finally been revealed.
____________________