[Congressional Record (Bound Edition), Volume 158 (2012), Part 2]
[House]
[Page 2495]
[From the U.S. Government Publishing Office, www.gpo.gov]




                         STOP DEFICIT SPENDING

  (Mr. CHAFFETZ asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. CHAFFETZ. For 4 consecutive years, President Obama has introduced 
a budget with a $1 trillion deficit--4 years in a row. This has never 
happened in our Nation's history.
  Well, how much is $1 trillion? If you spent $1 million a day every 
day, it would take you almost 3,000 years to get to $1 trillion. No 
longer can we do this. We're paying more than $733 million a day in 
interest on our national debt. We deficit spend something like $4 
billion a day.
  Ladies and gentlemen, we cannot sustain the spending that we have. 
Our Nation is going bankrupt. It is imperative that this Congress get a 
grip on its fiscal future and put forward a budget that is responsible 
and over the course of time will actually balance our books and pay off 
the national debt.

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