Providing for Consideration of H. RES. 515, Addressing a Motion to Proceed Under Section 3101A of Title 31, United States Code

Floor Speech

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Mr. WILSON of South Carolina. I thank the gentleman for yielding, and I appreciate the leadership of Congressman Tim Scott on this very important issue.

As South Carolina votes in the Presidential primary on Saturday, our State is grateful for the leadership of Congressman Tim Scott, along with my other colleagues who are on the floor today, Jeff Duncan, Trey Gowdy, Mick Mulvaney.

We know that in November of last year, our Nation's annual debt reached $15 trillion and it recently exceeded the value of the entire American economy. Washington's out-of-control borrowing and spending must stop.

The President has ignored our Nation's spending problem and once again asked Congress to increase the debt ceiling by $1.2 trillion. This request is a chilling reminder of the out-of-control debt which threatens senior citizens' retirement security and saddles young people with a mountain of debt. The President in February of 2009 said the deficit is unsustainable, but then he proceeded to double the year's debt and has since.

Our Nation's unemployment rate has consistently remained above 8 percent for 35 months. This is tragic for American families.

Instead of offering solutions to reduce spending and decrease taxes to encourage economic growth, the President and the liberal controlled Senate continue to support legislation calling for massive tax increases and funding for programs that contribute to our growing national deficit, which destroys jobs and hurts American small businesses.

Americans have made it clear they expect their elected officials to make meaningful fiscal reforms today so as not to burden future generations with crushing deficits and debts tomorrow.

House Republicans have remained committed to our projects by fighting to create jobs and promote job growth in the private sector. Last year, House Republicans passed 35 job-creating bills, most with bipartisan support. Instead of acting on these bills to create jobs, the liberal controlled Senate refuses to consider most of these pieces of legislation.

By passing today's resolution that disapproves of the President's authority to increase the debt limit, Congress can help restore the American people's faith in our Nation's government by protecting future generations and limiting Washington's out-of-control borrowing and spending. Instead of giving the President more power to spend more money we do not have, Congress should work together to find ways to reduce spending and put America back on the path to fiscal responsibility just as Congressman Scott has pointed out families do.

I encourage my colleagues to vote in favor of this resolution.

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