House Proceeding on Jun 9th, 2009 :: 0:20:10 to 0:24:00
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0:20:07 to 0:20:27( Edit History Discussion )

Dan Burton: work and debt case to the state unnoticed. i yield back. the speaker pro tempore: the gentleman from indiana, mr. burton, is recognized for five minutes. mr. burton: i ask unanimous consent to address the house for five minutes, revise and extend. the speaker pro tempore: without objectio mr. burton: madam speaker,

0:20:10 to 0:24:00( Edit History Discussion )
Speech By: Dan Burton

0:20:28 to 0:20:48( Edit History Discussion )

Dan Burton: members of congress in the house and senate get literature sent to them every single day. we get probably four or five books a week. i don't know how many little leaflets and familiar flets we are asked to read. we don't have time to read them all. we ask our staff to read some of them. we don't have a chance to get into the minutia of some of these brochures.

0:20:49 to 0:21:10( Edit History Discussion )

Dan Burton: but our colleagues in both the house and senate got this little booklet called "the state of the union's finances, a citizen's guide." this will be given to people across the country. i hope every one of my colleagues and everybody in america gets a chance to read this little booklet. this was sent to us by our colleagues, frank wolf, republican of virginia, and jim

0:21:11 to 0:21:31( Edit History Discussion )

Dan Burton: cooper, democrat of tennessee. i just want to read to you a little bit about the situation that america faces. americans right now i don't thinare aware of the fiscal problems that we are facing. as of 2008, in the fall of 2008, we had $12.2 trillion in explicit liabilities, that's

0:21:32 to 0:21:52( Edit History Discussion )

Dan Burton: public held debt, military and civilian pensions, and retiree health benefits, and other things related to that. we had $1.3 trillion in debt for federal insurance and loan guarantees and leases and so forth. and we had a $42.9 trillion debt for medicare hospital insurance,

0:21:53 to 0:22:16( Edit History Discussion )

Dan Burton: medicare ot medicare prescription drugs, and social security. that's a total of $56.4 trillion in debt that we have right now today. and that amounts to, my colleagues, $184,000 debt for every man, woman, and child in this country.

0:22:17 to 0:22:37( Edit History Discussion )

Dan Burton: a family of four, $435,000. $435,000 for a full-time worker, rather. and for each household, $483,000 in debt. that's the national debt today. george washington said, we should avoid ungenerously throwing upon posterity, our kids, the burden we ourselves ought to bear.

0:22:38 to 0:22:58( Edit History Discussion )

Dan Burton: in 1796 they had a deficit and george washington said, we can't allow this to happen because we don't want to leave a burden to our kids and our grandkids by spending too much money. i am telling you right now, colleagues, and anybody else who is going to leave our kids and our grandkids is something that they will curse us for because they

0:22:59 to 0:23:19( Edit History Discussion )

Dan Burton: are going to have to pay extremely high taxes and the inflationary problems that they are going to face are going to be unsurmountable or insurmountable. i can't believe that we are doing this right now. we are talking about a national health care program that's going to add additional trillions of dollars, we are talking about bailouts to the financial

0:23:20 to 0:23:40( Edit History Discussion )

Dan Burton: institutions and the auto industry. we are talking about a cap and trade program that's going to increase the cost of every family in america between $3,000 and $4,000 to turn on their lights or buy gasoline at the service station or anything else that produces energy. and we are adding about $2 trillion a year to this and it's unsustainable. it's going toffect every man,

0:23:41 to 0:24:02( Edit History Discussion )

Dan Burton: woman, and child that's living in america today. but what it's going to do to the future generatio is unbelievable. we can destroy this we don't get control of spending. this isn't political high ber bolet. i'm telling you right now, colleagues, we can destroy this form of government and civilization we have just like