|2:54 PM EST||
Ginny Brown-Waite, R-FL 5th
Ms. GINNY BROWN-WAITE of Florida. I thank the gentleman.
Madam Speaker, I rise today in opposition to H.R. 4314, which, according to the majority, ``permits continued funding for government operations.'' That sure sounds a lot better than H.R. 4314, a bill to borrow another $300 billion from China. Or we could also entitle it, H.R. 4314, a license to keep spending like a teenager with a credit card.
Madam Speaker, the United States is already paying $250 billion per year in interest payments alone on the debt. We are paying more for that interest by borrowing more. That just doesn't make sense.
The argument that we have already spent the money, and when the bill comes in the mail we have to pay it, is misleading. Every American with a maxed out credit card would love to be able to pay his bills by simply raising his limit. That is what we're doing here today, ladies and gentlemen. That includes the 15 million unemployed Americans who are still wondering when the so-called stimulus is going to create or save their jobs.
I urge my colleagues to vote against more borrowing and to certainly vote against this bill. America does not want more debt.