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House Proceeding 04-29-09 on Apr 29th, 2009 :: 2:36:10 to 2:37:20
Total video length: 5 hours 24 minutes Stream Tools: Stream Overview | Edit Time

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John R. Carter

2:35:52 to 2:36:13( Edit History Discussion )

John R. Carter: ache $2 trillion just for this year -- mr. akin: $2 trillion for this year. if you go from george washington to george bush and you add up all of the debt that's been accumulated, you're looking at $5.8 trillion. so what you're saying, in one ye we're going to do not quite

John R. Carter

2:36:10 to 2:37:20( Edit History Discussion )
Speech By: John R. Carter

John R. Carter

2:36:14 to 2:36:34( Edit History Discussion )

John R. Carter: half of that, everything since 1770's to now, we're going to burn that in one year? my goodness. judge carter. mr. carter: and that's not the debt. that's the deficit. mr. akin: that's the deficit. mr. carter: the debt's worse than that because we're borrowing all this money that we're spending right now. so, when you look at all these packages we've put together and

John R. Carter

2:36:35 to 2:36:56( Edit History Discussion )

John R. Carter: you total them up, that's where your $8.7 trillion comes in right there that you have demonstrated there. in addition, as kevin points out, they made false assumptions of the growth of this economy and based upon those false assumptions, everybody's already told them they weren't going to

John R. Carter

2:36:57 to 2:37:18( Edit History Discussion )

John R. Carter: work. they were told by all the authorities that look at these things. these numbers don't work. they went ahead with them anyway and now we're looking at a $2 trillion deficit. so, the debt gets even worse. you know, our children, i heard somebody say this morning, somebody ought to tell every graduating senior this year that

John R. Carter

2:37:19 to 2:37:20( Edit History Discussion )

John R. Carter: they can add $156,000 to their school debt because that's what

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