Rep. John J. Duncan, Jr. (R-TN) brought one minute of hard-hitting reality to the United States House of Representatives on May 30, remarking that the United States government, with its over $17 trillion debt, is only escaping — for now — Detroit-style bankruptcy by printing money. The representative explains that, unless the US government becomes more fiscally responsible, the US will fail to satisfy fully obligations such as military pension and social security payments. Duncan, an RPI Advisory Board member concludes his speech by suggesting the US government “stop trying to take care of the whole world and start taking care of our own country and putting the American people first once again.”
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