[Congressional Record (Bound Edition), Volume 155 (2009), Part 8]
[House]
[Page 10888]
[From the U.S. Government Publishing Office, www.gpo.gov]




               A BUDGET OUR CHILDREN WILL LIVE TO REGRET

  (Mr. KIRK asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. KIRK. Mr. Speaker, this Congress has voted for unprecedented 
debt, and a look at Treasury's borrowings shows a stark picture. On 
Monday, we borrowed $98 billion. Tomorrow, we will borrow another $61 
billion. On average, Congress is forcing the Treasury to borrow $157 
billion a week.
  Over the first 100 days, our debt has increased by more than $5.5 
billion per day. China has cut its lending to the United States by 95 
percent, effectively canceling this Congress' credit card.
  Let me finish with a couple of personal facts.
  With only 111 million Federal taxpayers, the rate of spending by this 
Congress in the first 100 days has shown the congressional leaders put 
each taxpayer into debt at a rate of $1,400 per week, $3,200 per 
quarter, and over $9,000 each just for the first 6 months of this 
Congress. That's quite a record, a world record, and one our children 
will live to regret.

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