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Public Statements

The Debt Ceiling

Floor Speech

By:
Date:
Location: Washington, DC

Mrs. WALORSKI. Mr. Speaker, I will remind my distinguished colleague from Indiana that Notre Dame was undefeated this year. It was a very successful season, and we'll just put that on the record.

Mr. Speaker, I am deeply humbled to represent the people of Indiana's Second Congressional District in the United States House of Representatives. Today I speak for the first time before this Chamber and on their behalf.

To the hardworking Hoosier families in north central Indiana, thank you for sending me to Washington. I'm eager to work with my colleagues here to make raising a family and sending a child to college just a little bit easier.

To the small business owners in South Bend to Plymouth, please know that each day I will work tirelessly to strengthen the economy so you can employ those who want to work within our community.

To the senior citizens between La Porte and Peru, you can count on my support to restore the American Dream and ensure that America's best days are not behind her in the past, who absolutely want to put our future and our future generations on a solid concrete path.

Mr. Speaker, I want to let the people of Indiana know that in the coming weeks they'll hear many assertions in the debate over whether Congress should increase the debt ceiling. The people of Indiana deserve to hear the truth. The entire Nation deserves to hear the truth:

The truth is that, even as I speak, our national debt is spiraling out of control toward $16.5 trillion;

The truth is that the United States has not run one, not two, not three, but four consecutive trillion dollar budget deficits;

The truth is that this Federal Government is borrowing an unthinkable 46 cents for every dollar it spends, while throwing our children under the weight of the bill;

The truth is that the share of the national debt for every family in Indiana is a staggering $143,190. For every Hoosier, it's $52,737;

The truth, Mr. Speaker, is that it's time for us to stop spending money we simply do not have.

Admiral Mike Mullen, former chairman of the Joint Chiefs of Staff, has warned us. He said, ``the single biggest threat to our national security is our debt.''

In order to get our debt under control, we first must completely take care of our spending. As families in Indiana's Second District and all across the Nation, we have to prioritize spending, we have to create budgets and live within our means; so should this Congress of the United States.

Each day that we delay getting our fiscal house in order, we threaten the safety and well-being of those we love and care about the most. We threaten the opportunity and promise of future generations by limiting the resources we have to invest in infrastructure and education. Mr. Speaker, as I said earlier, the truth is that it's time for us to stop spending money we simply do not have.

As big as our national debt may be, Americans have always been able to come together and solve big problems. I thank the good people of Indiana for electing me to listen to their needs and bring good Hoosier common sense to Washington. I look forward to working together in this Congress on their behalf and to tackling our most serious issues.

Ladies and gentlemen, the clock is ticking. Let's get to work.


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