[Congressional Record (Bound Edition), Volume 156 (2010), Part 7]
[House]
[Page 10142]
[From the U.S. Government Publishing Office, www.gpo.gov]




                CONGRESS MUST ACT TO AVERT A DEBT CRISIS

  (Ms. FOXX asked and was given permission to address the House for 1 
minute.)
  Ms. FOXX. Madam Speaker, we've got a debt problem in America. The 
Federal Government keeps spending money and running up the national 
credit card at a record clip: $8.5 trillion over 10 years. Congress 
can't just cross its fingers and hope everything works out. That will 
only make the debt crisis that much more severe for our children and 
grandchildren.
  We must start cutting spending and reducing the deficit now. To do 
otherwise and watch as our national debt prepares to overtake us is 
reckless. It is as if we are on the Titanic; we know there is an 
iceberg ahead of us in the darkness, but we refuse to change course. No 
amount of denying our debt crisis will change the fact that this 
iceberg exists. We can avert disaster, but we must act quickly to 
restore fiscal responsibility before it is too late.

                          ____________________