“Our debt also matters internationally. My friend, the ranking member of the Senate Budget Committee, likes to remind us that it took 42 presidents 224 years to run up only $1 trillion of foreign-held debt. This administration did more than that in just 5 years. Now, there is nothing wrong with borrowing from foreign countries. But we must remember that the more we depend on foreign nations to lend us money, the more our economic security is tied to the whims of foreign leaders whose interests might not be aligned with ours. Increasing America’s debt weakens us domestically and internationally. Leadership means that ‘the buck stops here.’ Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. America deserves better. I therefore intend to oppose the effort to increase America’s debt limit.”
Without knowing the person who made this public statement, decide for yourself if you agree or disagree with him. With our debt ceiling now nearly $17 trillion, we must make changes.
We don’t need party leaders who want to grandstand. We need American leaders who could care less about who gets credit or who gets the blame.
We need leaders who will do what then Sen. Barack Obama so strongly urged us to do in 2006 when he took the floor in the Senate and made those statements you just read above.
Dan Alexander is associate publisher of New Market Press and publisher and CEO of Denton Publications. He may be reached at firstname.lastname@example.org or email@example.com.