Cory Gardner

Mr. GARDNER

Mr. GARDNER. I yield to the gentleman.

Mr. GARDNER. I thank the chairman for his work and his support.

Mr. GARDNER. Thank you, Chairman Rogers. Last week, I offered an amendment in the House Rules Committee to add additional funding for an Emergency Watershed Protection program to be used for any area that had a designated major natural disaster. It's an important program that allows for watershed and infrastructure restoration. Many parts of the western United States were devastated by wildfires last summer, including areas in my district, the Hyde Park fire near Colorado Springs and the Waldo Canyon fire. In Colorado alone, there were over 100,000 acres of land burned on both private and Federal land, as well as over 600 homes destroyed in these fires. The EWP program will help communities in other areas of the United States to rebuild and prevent future damage to people and property. Unfortunately, this bipartisan amendment offered with other members of the Colorado delegation did not get through the Rules Committee process, and so it will not be considered on the House floor today. The tragedy caused by Hurricane Sandy necessitates assistance from the Federal Government, but it's also important that disaster assistance be available to other areas that experience natural disasters, particularly those when it comes to Federal lands. I ask the chairman to consider working with me and other Members for wildfire restoration.

Mr. GARDNER

Mr. GARDNER. Madam Speaker, I rise today to honor Dr. John Matsushima, who will be honored as a Citizen of the West at the National Western Stock Show this coming January. This prestigious award has been presented since 1978, and the selected recipient must embody the spirit and determination of the Western pioneer who is committed to perpetuating the West's agricultural heritage and ideals. I can think of no better person to receive this honor than Dr. Matsushima. Now 91 years old, he has dedicated his life to teaching others about agriculture and livestock. He began teaching in 1961 at Colorado State University, and he continued to enrich the lives of students until his retirement in 1992. Dr. Matsushima currently holds the title of professor emeritus at Colorado State University, and still spends significant time on campus as an adviser to those who will be future stewards of agriculture. Among his many honors and awards, Dr. Matsushima received the Japan Emperor award in 2009 and was the first Japanese American to achieve this accomplishment. He has also received national and Colorado 4-H Club awards, the Colorado State University Livestock Leader award, and Colorado State's Best Teacher award. He is a true pioneer who has committed his life's work to Colorado and to the Western United States. These stories highlight an amazing man, and I am proud to honor Dr. Matsushima on the House floor.

Mr. GARDNER

Mr. GARDNER. Today, I rise today to honor Colorado State Board of Education Chairman Bob Schaffer on his recent retirement. Chairman Schaffer proudly served the State of Colorado and our country in this Chamber, representing Colorado's Fourth Congressional District. Throughout his career in Congress and on the State Board of Education, he has dedicated himself to improving the education of Colorado and this Nation's youth. He's a passionate advocate of education policies that reach all students in our Nation. In addition to his work on the State board, Bob serves as the principal at Liberty Commons in Fort Collins, Colorado. Liberty is a public charter school and is consistently ranked among the State's top- performing schools. Chairman Schaffer has been an advocate for State and local control over education. He promotes the value that all schools need to be competitive and accountable, including faculty and administration. While the challenges of education have been many over the past two decades, Bob knows they are worthy of our time and our best efforts. Through his leadership, we have seen education in Colorado improve for our kids; they have a brighter future ahead and the tools to achieve success. And today, I recognize Bob Schaffer's service in this Chamber and his service to the people of Colorado.

Mr. GARDNER

Mr. GARDNER. Mr. Speaker, today I rise to honor the 75th anniversary of Lamar Community College. Located in Prowers County, Colorado, Lamar Community College has grown to over 1,000 students, and fosters an environment that supports students and the surrounding community. The value of having an institution of higher education committed to enriching the lives of its students has proven to be invaluable for Southeastern Colorado. Through a variety of partnerships, the college is able to offer students the opportunity to obtain admission and degrees from four-year universities. Properly representing the Eastern Plains of Colorado, Lamar Community College has become known for its successful agriculture and equestrian programs. The college hosts five National Junior College Athletic Association sports as well as a National Intercollegiate Rodeo Association team, and these programs have risen to prominence in the region. Lamar Community College's core values of Respect, Integrity, Open Communication, and Valuing People have allowed this institution to flourish over its history. It is with great pride that I honor the 75th Anniversary of Lamar Community College.

Mr. GARDNER

Mr. GARDNER. Mr. Speaker, I rise today to honor Washington County, Colorado on its 125th Anniversary. Washington County is distinctly different from the Washington I am standing in today. However, both did name their areas in honor of the first President of the United States, George Washington. This past February marked their 125th anniversary of Washington County, and they have much to celebrate. During the early 1880s, the Northeast section of Colorado experienced a boom in agricultural development and settlers flocked to the area for available and plentiful land to grow crops. In fact, my family sold farm equipment in Akron and Otis, something my family remains very proud of to this day. The population expansion led the Colorado State Legislature to pass legislation that officially established Washington County in 1887, and declared Akron, Colorado as the county seat. After some territorial disputes with the town of Yuma, the current boundaries were established in 1903. Today, over 4,800 Coloradoans call Washington County home, and the county continues to promote Colorado's rich agricultural legacy. I had the honor and privilege to represent Washington County when I served in the Colorado State Legislature, and it is again my honor and privilege to represent this great county in the United States Congress. I am proud to recognize Washington County on their 125th Anniversary.

Mr. GARDNER

Mr. GARDNER. Mr. Speaker, I rise on the occasion of Honor Flight Northern Colorado's eighth flight to Washington, D.C. bringing Veterans of WWII, Korea, and Vietnam to see their memorials. On behalf of a grateful delegation, state, and country, we welcome these heroes. The 122 Veterans on this flight include 48 from the Korean conflict, and 8 Purple Heart recipients from the Vietnam War. The Honor Flight program, founded in 2005, was intended to first honor all WWII Veterans that could make the trips, but then to afford the same to those from the Korea and Vietnam eras. We are, this day, honoring those Veterans from Korea (the Forgotten War) and Vietnam, our longest conflict in modern times, as they get to see their memorials. These trips are provided to our Veterans at no cost to them or their families. The fact that these soldiers, sailors, airmen, Marines, and Coast Guardsmen would uproot themselves from their homes and families and put themselves in harm's way for our country is very humbling. The sacrifices they--and the families they left behind--made are truly incredible. The debt of gratitude we owe them can never be repaid, for without their honor, courage, commitment, and above all--sacrifice we would not able to enjoy the freedoms we have today. Please join me in thanking Charles Agnew, Lewis Ashcraft, Robert Barnd, Eugene Bonkiewicz, Carson Bright, Frank Brown, Wayne Bullock, William Castor, Lowell Dart, Donald Draxler, Robert Duntsch, Jose Duran, Joseph Edwards, George Emerick, Jack Endacott, Marvin Fowler, Robert Gillham, Warren Garst, Joseph Graham, William Hampton, Walter Hayword, Roland Kaiser, Willis Kramer, Victor Lazar, David Leon, Verne Lewellen, Harry Livingston, Mary Livingston, Gilbert Lopez, Russell Mam, W. Dennis McHenry, Raymond Mega, Gerald Monroe, Donald Morrison, Bernard Nettesheim, Reynolds Olson, Homer Phillips Jr., Richard Porter, Marion Raines, James Rauenbuehler, Frederick Reck, Gilbert Rohde, Walter Sapp, Henry Schmitt Jr., John Shedd, Alan Schultes, Bill Shupe, Waldo Smith, Charles Smoot, Fredrick Stein, William Stromberg Sr., Gene Thorson, Clyde Treadway, Theodore Wahler, Arthur Wartburg, Crowell Werner, James White, Robert Williams, Evans Woodhouse, Darryl Anderson, Raymond Anderson, Donald Armagost, James Ball, Eugene Ball, Harry Ball, Leslie Brumley, Orlis Charboneau, Dale Crist, Robert Cupp, Timothy Daley, Bobbie Desmond, Edward Eson, Clarence Ehrlich, Alvin Eurich, Francis Fleming Jr., James Flynn, Leslie Fraley Jr., George Frysinger III, Richard Gero, John Goad, Virgil Hanson, Roman Hermann, John Hess, Billy Hettinger, Donald Hoffner, Marguerite Ingram, Robert Kramer, Robert Kruger, Lindy Leifheit, Chester McCoy, Chester McGuire, William Miller, Raymond Nuss, James Ochsner, Louis Peterson, Marshall Petring, Arnold Piel, Wayne Pimple, Richard Reagan, Gerald Rice, Harry Rieger, Edward Roebuck, Gerald Ross, Alan Seaman, Dick Sears, Joseph Sellers, William Shirey, Norris Slechta, Robert Stanley, Elizabeth Strahan, Clarence Strahan Jr., William Striffler, Darrell Viegut, Sam Warner, Doyle Biggs, Paul Delgado, Edward Fast, Dennis Henneberg, Donald Hess, Daniel Menzies, Jack Roberts, Steven White, Irvin Tregoning, Jimmie Tregoning and Merrill Tregoning for their dedication, commitment, and service to this great nation.

Mr. GARDNER

Mr. GARDNER. I thank Chairman Upton for his leadership on the Solyndra investigation, and I also thank Chairman Stearns for the great work that you did to really, no pun intended, bring this issue to light, the work that has happened over the past year with Solyndra. Last week was the 1-year anniversary of Solyndra's chapter 11 bankruptcy filing, an anniversary that was by no means met with ticker tape parades around the country. I've held 74 town meetings in my district. At each one, people talk about responsibility, the responsibility of the Federal Government to watch how our dollars are being spent to make sure that Federal taxpayer dollars are being spent wisely. Then they talk about Solyndra. They don't talk about Solyndra and say, you know, you should have kept giving them money. Why didn't those people keep giving Solyndra money? They talk about how did it happen in the first place. How did a committee that said ``no'' then come back and say ``yes''? How did a committee succumb to political pressure to put on a press conference for the Vice President so they could have great celebrations about spending a trillion dollars more in our stimulus bill? If people on the floor are so excited about Solyndra, why aren't they investing their money into it? But instead, they're putting their hope into a government program so that government program can take the risk, and in fact it did. It took the bankruptcy. Well, the sun has set on the Solyndra scandal, and it's a good thing, too, because the American people are tired of waste and abuse and fraud, and that's exactly what happened here. The fact is half a billion dollars in taxpayer money is gone, and I can't believe hearing the debate today that defends Solyndra, that defends the abuse of taxpayer dollars that says we should have done more. We shouldn't have done more. We shouldn't have done it at all. The fact that this company had a credit rating that they knew they were in trouble. The Department of Energy's oversight failed. I support this bill. Let's protect the taxpayer dollars.

Mr. GARDNER

Mr. GARDNER. This past week I had an opportunity to visit a business in Colorado, a manufacturing business in Colorado. It's a multi- generation family business that was started by this gentleman's dad 50 years ago. He's actually retiring from the business, and his son is going to take over the business, third generation, a manufacturing business in Denver. They've got around 300 employees, spread out in the western United States region. I asked him, I said, you know the past couple of years are you doing better now than you were then? His answer was no on any level. If you ask him about what his bottom line is, his company's profits? No, they're not better off than they were. If you ask them about the number of employees he has? No, they're not better off. In fact, they've struggled to try to make sure that they are able to keep the employees that they have been able to keep. This is something else that goes unreported, that work, that employee who is usually working a 40-hour work week or maybe a little bit more is now working a 30-hour work week or a 32-hour work week, because as an employer he feels the opportunity to try to do everything he can to keep these employees working, to keep their families with a job in the household. In order to do that, because their business is down, because their sales are down, they've actually now found themselves in situations where they are reducing hours, which means less take-home pay. In fact, if you look at the past 4 years, we've seen middle class pay, take-home pay, go down by about $4,000. If employment is decreasing and, again, if you look at those employment numbers that just came out this past week, for every one person who found a job, four people quit looking. So you can see that this business isn't alone in trying to make ends meet, to try to build a better tomorrow. We talked about the regulations that they face, and I talked about some of the recent changes that have been made, whether it's financial services legislation. In fact, one of the interesting points that we were talking about regulations, and I am sure you have heard a great deal about businesses in your district that are facing challenges with regulations and the ever-increasing cost of regulations, but this particular business, they were talking about how, because of the tough times that have hit their contracts, the people they contract with, the people who buy the goods from them, they are now actually having to float the cost of that business on their own books a lot longer. Because of the difficulties with some of the financial legislation we've seen, they're finding it even more difficult to do that. Here you have a company that's trying to make it work with their customers so that they can buy their goods by holding their receivables a little bit longer; but they're finding pressure now from financial legislation that makes it more difficult to do that. So the government is getting them both ways. The government has failed to come up with the policies to get government out of the way so that our businesses can grow. Yet when you have somebody coming up with a solution to try to grow their business, government policies there are affecting that and impeding their ability to do that.

Mr. GARDNER. You mentioned optimism for the country, and I carry the same optimism, too, because the people that we work for believe that this continues to be the greatest Nation on the face of this Earth. If we have Congress, if we have Washington that's actually getting its job done, that will pass the regulations to make it easier to do business-- excuse me, to repeal the regulations in this country to make it easier to do business, to make sure that we don't increase taxes to hurt their small businesses, better days are still ahead of us.

Mr. GARDNER. And the gentleman from Kansas and I share a common, we share the border, eastern Colorado, western Kansas. And so many of the challenges that my farmers are facing your farmers are facing. And you're right, we won't get into water tonight. We'll save that for another day, another time. But the fact is we could both use more of it. And the way we can use more of it is we store more water. Yet we have policies that are keeping us from storing more water, adding yet to the uncertainty of our farmers and ranchers who desperately need it. And so whether it's the tax increases that we see at the end of this year, if nothing is done, the estate tax, income tax rates, capital gains rates, and you mentioned that this isn't just a big tax increase. This isn't just a large one for the United States. This is the largest we've ever seen, not only in the United States, but around the globe.

Mr. GARDNER. You talk about those bills, the regulations that we've passed. You talk about the things that we have done to avoid the fiscal cliff, the things that we have done to avoid sequestration. There's a word that's been missing that we haven't used tonight: leadership. It takes leadership to address these issues. That's what we have provided through so many of these bills that we have talked about--leadership to make sure that hundreds of thousands of small businesses don't have their taxes increased; leadership to make sure that farmers and ranchers can continue their operations without worrying about a death tax that will prevent them from passing on their land to the next generation; leadership to make sure that the sequestration is carried forward. Yes, we reduce spending, but we do so in a more responsible fashion, a way to make sure that we don't jeopardize the ability of our men and women in uniform to defend our country and to protect themselves. I want to talk a little bit about the issue of sequestration because that's something that we haven't met. And the issue of leadership, once again, crops up. It just keeps coming forward where the House has led and we hear crickets from the other side of town. The American people, I don't know if they were following what happened with the White House just this past Friday. Last week, the White House announced that it will miss the legal deadline for delivering a report to Congress on the spending cuts from sequestration that will take effect in January. Now, we hear a lot of complaints about, well, the Congress hasn't done this and the Congress hasn't done that, but here's a law that says you've got a deadline to present your ideas for leadership to the American people. And I guess it must have been too tough because they're not going to comply with it--they didn't comply with it.

Mr. GARDNER. And 5.3 trillion, now, I think there's a statistic out there that shows that that's more money than the amounts of money spent by or the deficits between George Washington and Bill Clinton combined--or maybe it's George H.W. Bush. The fact is, we've never seen a period in our Nation's history where unemployment has been matched by a failure to recognize the needs of the American people, where debts are allowed to skyrocket, where you can say on TV one thing, pledge to the American people that you will cut the deficit in half, and then the next thing you know it's up by $5 trillion. Maybe the question isn't are you better off today than you were 4 years ago, but maybe the question ought to be are you better off today than you were $5.3 trillion ago?

Mr. GARDNER. Well, and I think that's the key, actually, as you mentioned, spurring economic growth. And we can talk about what happens to our economy with this policy or this legislation. But the bottom line is we've got to address that debt and deficit and only economic growth, long-term economic growth, is going to help us address our debt and deficit situation, but a high debt and deficit make it impossible for long-term economic growth. So you have kind of got a circular problem here that for whatever reason the United States Senate, the President, hasn't taken seriously. And just talk a little bit about the summer of recovery that was supposedly going to occur a couple of years ago after a trillion dollars was spent on the stimulus, money that went to companies like Solyndra that went bankrupt and the United States taxpayers are going to be out over half a billion dollars because they'll never get repaid. You've got the stimulus bill that was supposed to lead to the summer of recovery, and yet here we are with 43 straight months of unemployment at or above 8 percent. Now, the American people know that even that number is not right because they know that maybe they have got a job that is only part time or maybe they are working full time but certainly not at the level that they know is to their full potential. It certainly makes it more difficult for them to meet the needs of their families. So that 8.3 percent number doesn't even count the people who've given up looking for work, doesn't even count the number of people who are underemployed. So, the fiscal cliff, you've got millions and millions of Americans out there knowing what this Congress refuses to do, and that is if Congress will act to adopt these jobs bills that we've passed over to the Senate, if Congress will adopt the House budget that actually puts this country on a road and path to growing the economy, to preserving and protecting the promises that we have made to future generations, that number is going to come back down. It's not going to be 8.3, 8.1 percent. It's going to be lower. Millions of people will be back at work because of the bills and legislation that this body has passed, most with bipartisan support.

Mr. GARDNER. We talked about solutions when it comes to regulations. We've talked about the REINS Act. But here again with taxes, we have come up with solutions. We have voted to make sure that the estate tax, the death tax, doesn't come back in at those lower exclusion numbers breaking small businesses around the country. We've made sure that we avoid the massive tax increases that loom, once again, at the end of this year on families, middle class families. Thousands of dollars for middle class families around this country increase in taxes if nothing is done, and that's why the House of Representatives has passed a measure to make sure that those taxes don't increase, to make sure that we are making it easier for people to keep more of their own money so they can invest it in their families, so they can invest it into job creation, in their businesses. If this Congress adopts the President's plan, if this Congress does nothing, hundreds of thousands of small businesses around this country are going to see tax increases like we've never seen before. Tax increases will make it more difficult for them to make ends meet. And that's why the House has acted to make sure that we are dealing with the fiscal cliff to make sure that we are not making it more difficult in this country to succeed.

Mr. GARDNER. So you have got a government policy that actually is an impediment to job creation here. A company trying to bring jobs back in, but because of the cost of doing business here is so much higher than elsewhere, they had that unfair choice of how are they going to make things work, how are they going to be successful.

Mr. GARDNER. And you mentioned it, too. It's not just about cash in the bank. It's not just about how much money you have. It's about the assets that you have. And so your example where you may be cash poor but still hit this line, I think, is compelling to not only the farmers and ranchers, but you're right, to small businesses around the country who may own a restaurant, who may be trying to expand a sand and gravel operation, but they're going to be hit by this estate tax, which means they've got to sell, break it up, and not be able to pass it on.

Mr. GARDNER. It's all businesses. That's right.

Mr. GARDNER. And one of the things that I've heard over the past several months--and, in fact, I held a series of farm bill roundtables earlier this spring, where one of the things we heard about so much, and this is part of the fiscal cliff that we're facing, is the death tax, the death tax that this Nation faces going back into the lower exclusion rates as of January 1. Let me give you an example. I'm sure you've heard this time and again from the people that you represent. One of the farm roundtables that we held, a young man from Eaton, Colorado, stood up and said: With the estate tax coming back in at the end of this year, beginning of next year, we'll be forced to pay for our farm for a third time, and we simply can't afford it. This is a young man who wants to go on into life in agriculture. This is somebody who wants to be the next generation standing up to grow our food and fiber that this Nation depends on. But yet you've got a government policy that's going to say: We know you've invested, we know you've grown your business, you've made investments into the land that you need to make your operation successful, but because somebody died, we're going to tax them. And that's part of the fiscal cliff that this country faces at the end of this year. There are farmers and ranchers around the State of Colorado, around this country, who are not trying to figure out how they're going to pass on their operation to the next generation, pass on their operation to the next generation because of a government policy that says: You know what? You've been too successful, and we're artificially going to place this barrier so that it's going to hurt you. It's not just farmers and ranchers that it affects.

Mr. GARDNER. And I know you serve on the Agriculture Committee here in the House of Representatives, and I'm sure that you're hearing from some of your interests in agriculture about uncertainty.

Mr. GARDNER. And I think that's why we have to start talking about solutions for this country. We all have examples of regulations that have gone amok. I was dealing with a business in the district just the other day that talked about a product that they were trying to handle. It was a very environmentally sensitive product that they were trying to remove and actually do some environmental mitigation from a cleanup site that they were working on. And this particular company was required to keep this product both wet and dry at the same time; a regulation that said you had to keep it wet until you moved it or stored it, and then you had to keep it dry. Well, you've got to dry it down in order to move it, but yet they faced the possibility of being fined because of this particular action. Again, the solutions we need. This Congress has passed solutions, and I'll mention the REINS Act. The REINS Act was a bill that we passed several months ago with strong support from both sides of the aisle. This is one of the bills that has passed the House and has moved over to the Senate, where it just sits stacking up like cordwood. Once again, here we have an opportunity to do something, a proactive solution. The REINS Act simply says we're going to take a look at the cost of a regulation. We're going to get an idea of how much some regulation costs, and if it exceeds a certain threshold, then we're going to let that come back to Congress for review before it can go into effect. It's saying, hey, let's take a look at this. Let's create some kind of an opportunity for Congress to review a regulation that has a tremendous impact on the economy, taking over a hundred million dollars out of our economy to comply with the regulation. Let's take a look at it and make sure that the cost and benefits are in line to make sure that the benefits outweigh the cost, to make sure that doing it is actually worth it and it doesn't cost jobs that we so desperately need. And so the REINS Act passed and it's waiting over in the Senate. Now, some people may say, well, that's just a partisan idea, that's just a Republican idea. Well, let's take a look at what some of the States do. In my home State of Colorado, there's a process called the Rule Review Act, the Rule Review bill. This bill comes up every single year in the State legislature, and it's a chance for the State legislature to do exactly that, to review the rules that pass out of the executive branch agencies. Every year, the State legislature gives a thumbs up or a thumbs down to those regulations, because in Colorado we understand how important it is to make sure that government's not getting in the way, how important it is to make sure that we actually have responsible rules that move the ball down the field instead of creating penalties every time you turn around. And so the Rules Review bill taken to the United States Congress becomes the REINS Act. And the REINS Act is a good way for us to check and provide that balance with the executive branch to make sure that we're not putting too much of a burden on our businesses.

Mr. GARDNER. Then add the fact that this generation that's graduating from college today is going to be left with a $16 trillion debt; and, by the way, that's just what it is today. It's growing each and every second. In just a few years, that number goes up dramatically to over $20 trillion if nothing is done to stop the runaway debt crisis that we have right now. You mentioned the Associated Press article that talks about one out of every two graduates from college today being unemployed or underemployed, but that same Associated Press report talks about this, taking unemployment into consideration, the job prospects for bachelor's degree holders fell last year to the lowest level in more than a decade. So we've seen this conversation take place about, you know, are we better off today than we were 4 years ago. Well, here's a statement from the Associated Press, when it comes to people who are graduating from college, that says, ``Taking underemployment into consideration, the jobs prospects for bachelor's degree holders fell last year to the lowest level in more than a decade.'' How are these families going to make ends meet? How are recent college graduates, some who come out of college with a family, going to pay back their student loans? We have seen Federal student loans soar 275 percent over the past decade. Over the past decade student loans have increased over 275 percent; yet job prospects are as bleak as they have been for 10 years or more. You know, I've got some great universities in my district, the University of Northern Colorado, Colorado State University. We just visited Northeastern Junior College. We have been all over the community college system in our district talking about the challenges that they face trying to make sure that their students have the jobs that they need when they come out of school because what's happening, you see the higher debt load. Then because the economy is so tough, people are taking jobs that are lower paying just to try to make ends meet. This country has prided itself on always making sure that for generation after generation we have greater opportunities, that we open more doors for our children. That's the same thing that ought to be, the same kind of idea that ought to be facing the recent graduates today. This upcoming December, next May, they ought to be looking at job prospects that are even greater than their older brothers or sisters, even greater than their parents' generation. But the fact is those jobs don't exist because the policies of the last 4 years have made it more and more difficult for the country's businesses to grow and expand.

Mr. GARDNER. When was that you said?

Mr. GARDNER. The gentlelady from Alabama is exactly right. Thank you for your leadership on the economy, on getting this country turned around, and getting our businesses back in shape to hire once again. Over the past couple of years since being elected, I've traveled over 65,000 miles to be in every nook and cranny of the district of eastern Colorado and northern Colorado. We've held 74 town meetings to make sure that we are listening to everybody's voices, to make sure that people have an opportunity to address their concerns, their ideas to make our government better, to make our economy grow and healthy once again. The points that you talk about, I don't know that anything is more relevant in the conversations that we have today than the point that was made at a town meeting just last week in Julesburg, Colorado, up in northeastern Colorado. It's just a hop, skip, and a jump from the panhandle of Nebraska. A young lady raised her hand and said: I'm a single mom. I have three kids at home. I've had two jobs. Now I only have one. I'm looking for a second one. I can't make ends meet because my job doesn't pay enough, and energy prices continue to increase. She's trying to find health care for her children. Talk about somebody who is the front lines of our economy who is suffering because of the past 3\1/2\ years of failed economic policies. The Congressional Budget Office recently issued a review of what can happen at the end of this year if nothing is done to avoid the fiscal cliff to deal with sequestration and to deal with the looming tax increases. This is what the Congressional Budget Office has stated: In particular, large budget deficits and growing debt would reduce national saving, leading to higher interest rates, more borrowing from abroad, and less domestic investment-- which in turn would lower the growth of incomes in the United States. While we talk about growing the economy, while we talk about economic growth and the need to get businesses and companies around this country hiring again, at the same time there's this negative pressure being placed on them because Congress can't do its job to control spending. We are $16 trillion in debt. You mentioned it was nearly $51,000 for every man, woman, and child. We've got a 10-month-old at home. Our 10- month-old owes $51,000 as his share of the Federal debt. That's $51,000 apiece. That negative pressure, that mounting debt, deficits that are over a trillion dollars every year, makes it more and more difficult for businesses to have access to the capital that they need to grow. It makes it more and more difficult for companies to operate, because all of a sudden they find themselves competing with the Federal Government for those scarce resources. The next thing we know, government is going to have to look at tax increases to try to finance what's already over $200 billion a year in interest payments. Our businesses are saying: Government, can you get out of the way so we can let America work, so that we can run our businesses the way that we want to, not the way Washington wants to? At the same time, you've got a Congress, including the United States Senate, that hasn't passed a budget in the past 3\1/2\ years, hasn't done the fundamental duty that it's required to do, and that's to make sure that this government knows where it's going to spend its money, to make sure this government knows how much money it has coming in and how much money is going out. But they refuse to pass a budget. They refuse it, make no mistake, not because they think they need more time or because they need to study it more or come up with a different bill, no. They refuse it because they think it would be bad politically for them to vote on a budget. That's why the President's own budget received zero votes. The President's own budget not only received zero Republican votes, but zero Democrat votes. There are so many people across this country who are unemployed, who are looking for work. In fact, most of the universities around the country just went back in a couple of weeks ago. Those students are all looking for jobs and expecting jobs to deal with their student loans. I know we've talked about it many times.