Concurrent Resolution On The Budget For Fiscal Year 2012

Floor Speech

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Mr. ROSKAM. I thank the gentleman for yielding.

My colleague from Connecticut talked about a guarantee. Well, there is one guarantee that is for sure, Mr. Chairman, and that is the guarantee that Medicare as we know it is a pipe dream into perpetuity. It's going broke. The guarantee that the Democratic House has brought us in the past is a guarantee that says 47 percent of our debt obligations are to foreigners.

We are guaranteed right now to borrow 40 cents on every dollar unless we do something about it. So what do we do about it? There are famous themes in literature that fast-forward into the future. You get a glimpse of the reality of the future, and then we always love it when the hero comes back and says, Oh, here's what's going on. There's a choice. Let's make a good choice and let's move forward.

Well, we don't need fiction today. What we need is the clear-eyed reality of what these numbers present to us, and they present to us a choice:

We can either choose to do nothing, and I would say that is choosing, or we can choose to do something. We can choose to do a historic plan that brings a brightness to the economy, that creates jobs and opportunity, that doesn't mortgage our children's future to China and ultimately puts the U.S. on a global competitive basis, the likes of which the world will have never seen.

This is a time of choosing. Let's move forward and choose the House Republican plan, which makes guarantees and makes promises that we can keep with.

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