The Deficit

Floor Speech

Mr. GUTHRIE. Mr. Speaker, I stand before the House today to talk about when I was making the decision whether or not to run for office, my wife and I talked about it. We had young children and were concerned about what a campaign and being in Washington back and forth would do to our children.

We talked about the $400 billion budget deficit in 2007 and 2008 and not what it would do to our children if I ran for office, but what we could do for our children, and our children's children, and their friends, and their future.

And, now, the $400 billion budget deficit is the point, the decimal point on the current budget deficit, $1.4 trillion. The budget that has been presented says it is going to go up double in 5 years and triple in 10.

So I am here to work for my children and their future, and we need to ask ourselves every time a spending bill comes forward, is this worth borrowing from our children and our grandchildren's future to spend this money?

Source