UNITED STATES HAS $36 TRILLION IN FEDERAL DEBT

On 2025-04-29, Representative Andy Harris (R-MD-1) delivered a floor speech titled "UNITED STATES HAS $36 TRILLION IN FEDERAL DEBT" in the House.

UNITED STATES HAS $36 TRILLION IN FEDERAL DEBT

Congressional Record, Volume 171 Issue 71 (Tuesday, April 29, 2025) [Congressional Record Volume 171, Number 71 (Tuesday, April 29, 2025)] [House] [Page H1714] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] UNITED STATES HAS $36 TRILLION IN FEDERAL DEBT (Mr. HARRIS of Maryland asked and was given permission to address the House for 1 minute and to revise and extend his remarks.) Mr. HARRIS of Maryland. Mr. Speaker, the United States has $36 trillion in Federal debt. Our debt-to-GDP ratio is greater than Greece and Italy when they had their debt crisis, and we are incurring a deficit of $2 trillion a year. The most rapidly growing part of the Federal budget is Medicaid. You will have people come to the floor and they will talk about Medicaid cuts, but Mr. Speaker, only in Washington is a slight decrease in the increase in a program called a cut or slashing because that is not the way anybody's budget works at home, but that is the way it works in Washington. The Medicaid budget has increased 40 percent over the last 5 years and is out of control. We have to control the growth in it to preserve it for the future. A little known fact is that in many States, providers are paid more to take care of a Medicaid patient than a Medicare patient. That ought to scare every senior in this country when Medicare is going to be crowded out by an out-of-control Medicaid budget. ____________________