un-debt.net

In the Weekly Republican Address, Sen. Saxby Chambliss (R-GA) expresses his condolences on the passing of Sen. Robert C. Byrd (D-WV) and wishes Americans a happy Independence Day. Sen. Chambliss also discusses the problem of the $13 debt the United States faces. “At a time when many Americans are clipping coupons and pinching pennies, President Obama and the Democrats in Congress continue to spend money that they — we — do not have,” he says. Sen. Chambliss points out, “The national debt has risen by $2.4 trillion in the 500 days since President Obama took office. That’s an average of nearly $5 billion a day. Even though we have to borrow 43 cents of every dollar we spend and the debt is set to double in five years, Congress and this White House still continue to splurge.” He notes, “And with much of America’s debt being held by other nations — such as China — our national debt is also a national security issue.” Sen. Chambliss says, “At some point we have to say ‘enough is enough.’ We have to make tough decisions about spending beyond our means. I continue to hope that President Obama, Speaker Pelosi and others will take a step toward responsibility and restraint, and reject the path of reckless spending that America is presently on.”