Mr. McCLINTOCK. Mr. Speaker, 2 weeks ago, Congress and the President added $1.9 trillion to the national debt limit. That translates to more than $6,000 for every man, woman, and child in this country, more than $24,000 for an average family of four. Now, your family is required to repay that debt through future taxes just as surely as if it appeared on your credit card statement. Now, $24,000 is the price of a new car. Only you don't get a new car, just the payments for a new car. What you get instead is another 14 months of deficit spending.
Two-thirds of economic growth is consumer driven, and yet we have just cost every family in America an average of $24,000 from its future purchasing power. These policies are not helping our economy; they are hurting it. The American people are coming to understand this. Let's hope it's in time to change this Congress, change this administration, and save this country.