The Honorable Jason Chaffetz, UT-03
One Minute Speech on Fiscal Discipline
January 13, 2009 2:00pm E.S.T.
Thank you, Mr. Speaker/Madam Speaker. I rise to give voice to the need to cut the size and scope of government. While the rhetoric and calls for increased spending continue to escalate, let us also remember it is our duty and our obligation to do more with less.
Over the past 12 years annual federal spending has more than doubled, exceeding $3.1 trillion.
Since January 2007 our government has added an average of $2.8 billion per day to our national debt. If deficit spending were the way to prosperity, our economy would be booming.
We are more than $10 trillion in debt, and there is no end in sight.
Let us remember it is not the government’s money we talk about and spend, it is the American people’s money. And we cannot afford to continue to run this government on a credit card.
We are going to have to do more with less and that means finding ways to cut government spending.
Thank you, Mr. Speaker/Madam Speaker. I yield back the balance of my time.
