[Congressional Record (Bound Edition), Volume 158 (2012), Part 1]
[House]
[Pages 905-906]
[From the U.S. Government Publishing Office, www.gpo.gov]




                CBO REVEALS PRESIDENT'S FAILED POLICIES

  (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, throughout his campaign 
for the White House, the President made an empty promise to cut our 
deficit in half by the end of his first term. Earlier this week, the 
Congressional Budget Office announced its projection that the 
President's failed policies, sadly, have more than doubled the annual 
debt. Our debt has increased by almost $5 trillion over the last 3 
years. This statistic shows that throughout the Presidency of the 
current President, the President has recklessly spent the tax dollars 
of hardworking American families.
  The Wall Street Journal stated: ``To sum it all up, the CBO's facts 
plainly show that Mr. Obama has the worst fiscal record of any 
President in modern times. No one else even comes close.'' At a time 
when Americans are searching for jobs, the President must follow 
through with this promise to the American people and work with both 
Houses of Congress to stop Washington's out-of-control borrowing and 
spending.
  In conclusion, God bless our troops, and we will never forget 
September the 11th in the global war on terrorism.

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