Concurrent Resolution On The Budget For Fiscal Year 2012
I think all of the Members should be aware that today is Father Coughlin's last day as our Chaplain after 11 years of service. I think all of us, not just the Members but the officers and the staff, owe a giant debt of gratitude to Father…
I think all of the Members should be aware that today is Father Coughlin's last day as our Chaplain after 11 years of service.
I think all of us, not just the Members but the officers and the staff, owe a giant debt of gratitude to Father Dan. He has been an invaluable part of our community, not just with the opening prayer but his counsel and his guidance that he's offered to all of us. In the House's darkest hours, he's been there to gently lead us back to safe haven. In between, when things get really noisy around here, he tries to encourage us to stop, find some quiet time, and reflect.
He was appointed by Speaker Hastert 11 years ago. He comes from Chicago, where he will return. I am sure that there's one person that's real happy he's returning, and that's his mother, who's 96 years young.
So, Father Dan, on behalf of the whole House, I want to thank you for your service. I know we haven't always been the most cooperative congregation. I hope that you will keep this House and the people who serve here in your prayers. We will keep you in ours.
With that, I am happy to yield to my colleague from California.
Father Dan, may God be with you.
Amendment No. 4 Offered by Mr. Garrett
Mr. Chairman, the American people understand that we can't continue to spend money that we don't have. Our national debt has now surpassed $14.2 trillion, and it's on a track to eclipse the entire size of our economy.
This massive debt that we are incurring hurts private sector job creation, eroding confidence, spreading uncertainty amongst employers big and small, and discouraging private investment in our economy that is sorely needed in order for us to create jobs.
This debt is also a moral threat to our country. In my opinion, it is immoral to rob our children's and grandchildren's future and leave them beholden to countries around the world who buy our debt. We have a moral obligation to speak the truth and to do something about it.
Yesterday, we took the first step in beginning to address this massive debt by passing legislation that will reduce our deficit by $315 billion over the next 10 years. It was an imperfect bill, but it was a positive step that has cleared the decks and allowed us to focus on cutting trillions of dollars, not just billions.
Chairman Ryan and the members of the Budget Committee have done an excellent job of putting together a budget that's worthy of the American people. This budget will help job creation today, lift the crushing burden of debt that threatens our children's future, and preserve and protect programs like Medicare and Medicaid. Most importantly, the budget shows families and small businesses that we're serious about dealing with America's spending illness so we can put our country on a path to prosperity.
The Ryan budget sets the bar for the debate going forward. President Obama had an opportunity to match it. Unfortunately, he gave a partisan speech about the need for more spending, more taxing, and more borrowing. He said he wants to target our debt problem through a so- called ``debt fail-safe,'' but exempts the major entitlement programs that account for most of the long-term debt problems. And he proposed yet another commission, though he ignored the recommendations of this last one.
Instead of offering serious solutions, the President asked Congress to raise the debt limit without addressing Washington's spending problem. The President wants a clean bill, and the American people will not tolerate it.
Now, let me be clear: There will be no debt limit increase unless it's accompanied by serious spending cuts and real budget reforms.
We delivered this message on Wednesday morning to the President. We cannot continue to borrow recklessly and dig ourselves a deeper hole and mortgage the future of our children and grandchildren. The American people are looking for leadership to address this debt crisis. Unfortunately, the President has failed to put a serious proposal on the table. If the President won't lead, we will.
No more kicking the can down the road. No more whistling past the graveyard. Now is the time to address the serious challenges that face the American people. And we will.