[Congressional Record (Bound Edition), Volume 162 (2016), Part 2]
[House]
[Page 1737]
[From the U.S. Government Publishing Office, www.gpo.gov]




               RETURNING TO A FISCALLY RESPONSIBLE NATION

  (Mr. EMMER of Minnesota asked and was given permission to address the 
House for 1 minute.)
  Mr. EMMER of Minnesota. Mr. Speaker, I rise today to address the need 
to control our Nation's debt.
  Due to a rapid and unsustainable expansion of the Federal Government, 
the Obama administration has racked up $8 trillion in new debt, pushing 
the national debt to more than $19 trillion. If we continue down this 
reckless path, the Congressional Budget Office projects a return to $1 
trillion annual deficits by 2022.
  Today, the House of Representatives is working toward returning to a 
more fiscally responsible nation by voting on the Debt Management and 
Fiscal Responsibility Act. This legislation will begin to restore 
fiscal discipline by requiring the U.S. Treasury Secretary to appear 
before Congress at least 21 days before hitting the debt ceiling to 
present the administration's plans to reduce the national debt.
  While more work needs to be done, this legislation is one step closer 
to financial sanity and security.
  I want to thank Representative Marchant for his hard work on this 
bill. I urge all my colleagues to support it.

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