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Keyword: debtcloture

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  • Cornyn: We have a moral obligation to deal with our debt

    02/15/2014 6:24:32 AM PST · by jimbo123 · 41 replies
    Pearland Journal ^ | 2/6/14 | Pearland Journal
    WASHINGTON, D.C. — U.S. Senator John Cornyn (R-TX) spoke on the Senate floor today on the need to deal with our growing national debt to ensure that it does not endanger the future of the next generation. Excerpts of the speech are below: “Back in 1997, the debt was $5.3 trillion. $5.3 trillion in 1997. That was the last time we had a vote in the Senate on a balanced budget amendment to the Constitution, and we came within one vote of passing a balanced budget amendment to the Constitution. But today the debt is $17 trillion-plus. “And the President...