, to my father’s grave. He was a World War I veteran. Go to a veteran’s cemetery and look at all those little flags across the cemetery. Their sacrifice is why you can be reading this today. We must ensure that one thing they sacrificed for, the promise of America, prevails.in the hole, we are failing that promise. When we continue to print money to pay the debt on borrowed money, we are failing.
I think most Americans understand that we're spending too much. House Speaker Kevin McCarthy was right to recently force President Joe Biden to the negotiating table. I commend him for getting Biden to compromise. But it’s not enough. The Fiscal Responsibility Act was just a Band-Aid to get us by, so that we didn't technically default on our debt, so that we can pay Social Security or Medicare, so the post office can stay open. The problem is that a Band-Aid does not cure the infection.
Thanks to our national debt, our economic opportunity is increasingly propped up like a house of cards. We're borrowing money today with our grandchildren’s future, and then putting that on top of the debt. Put simply, we're digging the fiscal hole that much deeper. What is the end game? Are we just going to continue to borrow trillions of dollars that are going to cost our children, grandchildren, great-grandchildren, everything? Maybe they'll never overcome it.
This is not common sense. Are we trying to break America? Do we want to get to where we have to sell America just to get out of our debt? America needs to realize that if our government doesn’t straighten this out and start using common sense to balance our budget, the suffering will be immense. We have people that are so dependent on Medicare and Social Security, like my family was. If our Social Security was cut 20% or 25%, I'm sure we would have had to turn the lights off.