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Public Statements

This Credit Card Congress

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Date:
Location: Washington, DC

BREAK IN TRANSCRIPT

Mr. CHAFFETZ. Mr. Speaker, I rise with deep concern about the families of the United States of America. The economics of this credit card Congress are not working. Where are the jobs?

We cannot tax and spend our way out of our challenges. I firmly believe that President Obama, Speaker Pelosi and the Democrats in Congress are taxing, spending and borrowing too much money. This credit card Congress has now put us nearly $12 trillion in debt.

We are spending nearly $600 million per day just in interest on that debt. Bailouts and stimulus money by the billions of dollars are not helping the average person at home, and now we have a proposal to slam through a government-run, Chinese-financed health care system that puts a Washington, D.C., politician between our doctor and my wife.

The tax-and-spend, credit-card-driven, Chinese-financed economics driven by the Democrats doesn't work. We need fiscal discipline, limited government, accountability, and a strong national defense. We need to restore liberty for the American people and for small businessmen and -women. That's where you'll find the jobs.

Stand up, America. Let your voice be heard. Put a stop to this credit card Congress.

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