[Congressional Record Volume 170, Number 169 (Friday, November 15, 2024)]
[House]
[Page H6016]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE UNITED STATES' EXISTENTIAL THREAT REPRESENTED BY $36 TRILLION IN
NATIONAL DEBT
(Mr. GOOD of Virginia asked and was given permission to address the
House for 1 minute.)
Mr. GOOD of Virginia. Mr. Speaker, I must bring attention, once
again, to our Nation's existential threat represented by $36 trillion
in national debt and another $2 trillion deficit this year.
Yet in this very Chamber just a couple of days ago, every Democrat
joined two-thirds of Republicans in adding $200 billion in new
mandatory spending.
So is our debt and our spending just campaign talking points?
Is it just a slogan, or does it really matter?
Do we really care about it?
I will commend Senator Rand Paul from Kentucky who just yesterday had
the courage to stand alone and block emergency spending because he said
it needs to be paid for. What a concept, that we would pay for the new
spending on top of the layers and layers of debt that is causing so
much inflation, higher interest rates, and threatening the financial
future of our kids and our grandkids.
Why not cut the expansion of the IRS?
Why not cut a trillion dollars in climate credits?
Why not cut the tens of billions of dollars of COVID funds that are
still not covered for?
Why not cut the spending for the U.N. or UNRWA or the WHO?
Mr. Speaker, there is so much low-hanging fruit. I am so thankful
that we will have Elon Musk and Vivek Ramaswamy looking at that in the
new administration.
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