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Public Statements

Debt Negotiation

Floor Speech

Location: Washington, DC

Mr. HERGER. Six days, Mr. Speaker. Six days until we exceed the debt limit, and we still haven't seen a plan from the White House. However, we have the first 2 1/2 years of his administration as an example of the future he wants for America. The President's policies display his commitment to unchecked government spending. The President supports massive tax hikes on a Nation already enduring the worst jobless recovery since the Great Depression.

The President is content to ignore our entitlement crisis. His actions over the last 2 1/2 years have put this country in significantly worse shape than when he took office. We have seen a total failure of leadership from the White House. He threatened to veto the commonsense solutions of Cut, Cap, and Balance. The reason? By his own words, he wants a debt limit increase to carry him through the next election.

Mr. Speaker, the American people have had enough. We need action, and we need it now. No more speeches, no more rhetoric. The American people deserve to know what the President's plan is. It's time for President Obama to come to the negotiating table and work with us. We're running a $1.6 trillion deficit, borrowing 40 cents of every dollar we spend. Without action, we will guarantee our children and grandchildren a future far less bright than the one our parents left us.

Republicans are here, ready to make the tough decisions, cut spending, and reform the way business is done in Washington. We're ready with solutions that will turn around our debt crisis and begin getting America back to work. But these solutions will remain a fantasy as long as the President's focus remains on politics and reelection rather than the good of the American people. We have 6 days left. It's time to act.

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