1 00:00:00,100 --> 00:00:11,539 [Music 2 00:00:11,539 --> 00:00:18,030 ] I want to say to the American people on behalf of all of us here, we hear you. 3 00:00:18,030 --> 00:00:25,480 We know the challenges you're facing. We know that there's a lot going on in our country... 4 00:00:25,480 --> 00:00:29,120 And we are ready to get to work again to solve those problems. 5 00:00:29,120 --> 00:00:35,759 And we will. Our mission here is to serve you well, to restore the people's faith in thi... 6 00:00:35,759 --> 00:00:41,979 in this great and essential institution. This is a beautiful country. 7 00:00:41,979 --> 00:00:48,700 It's the beauty of America that allows a firefighter's kid like me to come here and... 8 00:00:48,700 --> 00:00:55,359 men and women have served before all of us and strived together to build and then... 9 00:00:55,359 --> 00:00:59,969 to as the last best hope of man on earth. We stand at a very dangerous time. 10 00:00:59,969 --> 00:01:06,819 I'm stating the obvious. We all know that the world is in turmoil, but a strong America ... 11 00:01:06,819 --> 00:01:12,420 We are the beacon of freedom and we must preserve this grand experiment and... 12 00:01:12,420 --> 00:01:16,049 It still is We're only 247 years into this grand experiment. 13 00:01:16,049 --> 00:01:22,650 We don't know how long it will last But we do know that the founders to take the founder... 14 00:01:22,650 --> 00:01:29,260 to tell all my colleagues here what I told the Republicans in that room last night I... 15 00:01:29,260 --> 00:01:35,849 any coincidences in a matter like this. I believe that Scripture, the Bible is very... 16 00:01:35,849 --> 00:01:41,420 the one that raises up those in authority. He raised up each of you, all of us. 17 00:01:41,519 --> 00:01:46,659 And I believe that God has ordained and allowed each one of us to be brought here ... 18 00:01:46,760 --> 00:01:53,359 This is my belief. I believe that each one of us has a huge responsibility today to use ... 19 00:01:53,359 --> 00:01:57,219 serve the extraordinary people of this great country and they deserve it. 20 00:01:57,319 --> 00:02:05,900 And to ensure that our republic remains standing as the great beacon of light and... 21 00:02:06,000 --> 00:02:12,580 In 1962, that our national motto, "In God We Trust," was adorned above this rostrum. 22 00:02:12,680 --> 00:02:19,319 And if you look at the little guide that they give tourists and constituents who come an... 23 00:02:19,319 --> 00:02:22,379 14 in the middle of that guide, it tells you the history of this. 24 00:02:22,479 --> 00:02:25,939 And it says very simply, "These words were placed here above us. 25 00:02:26,039 --> 00:02:32,939 This motto was placed here as a rebuke of the Cold War era philosophy of the Soviet Union. 26 00:02:33,039 --> 00:02:40,780 That philosophy was Marxism and Communism, which begins with the premise that there i... 27 00:02:40,879 --> 00:02:46,180 This is a critical distinction that is also articulated in our nation's birth... 28 00:02:46,280 --> 00:02:54,210 We know the language well, the famous second paragraph, that we used to have children... 29 00:02:54,210 --> 00:03:00,830 But they should. G.K. Chesterston was the famous British philosopher and statesman a... 30 00:03:00,830 --> 00:03:07,639 nation in the world that is founded upon a creed." And he said, "It's listed with alm... 31 00:03:07,740 --> 00:03:14,680 in the Declaration of Independence." What is our creed? We hold these truths to be... 32 00:03:14,680 --> 00:03:21,349 equal, not born equal, created equal. And they are adowed by the same same inalienable 33 00:03:21,349 --> 00:03:25,080 rights, with the same inalienable rights, life, liberty, pursuit of happiness. 34 00:03:25,180 --> 00:03:32,000 That is the creed that has animated our nation since its founding that has made us... 35 00:03:32,000 --> 00:03:36,520 And we're in a time of extraordinary crisis right now. And the world needs us to be... 36 00:03:36,520 --> 00:03:42,889 They need us to remember our creed and our admonition. The greatest threat to our... 37 00:03:42,889 --> 00:03:46,110 And while we've been sitting in this That's right. 38 00:03:46,110 --> 00:03:52,639 That debt has crossed almost $33.6 trillion. And the time that 39 00:03:52,639 --> 00:03:57,520 it's going to take me to deliver this speech will go up another $20 million in debt. 40 00:03:57,780 --> 00:04:01,639 It's unsustainable. We have to get the country back on track. 41 00:04:01,740 --> 00:04:06,800 Now, we know this is not going to be an easy task, and tough decisions will have to be... 42 00:04:06,900 --> 00:04:11,400 But the consequences, if we don't act now, are unbearable. 43 00:04:11,500 --> 00:04:16,439 We have a duty to the American people to explain this to them so they understand it... 44 00:04:16,540 --> 00:04:22,680 And we are going to establish a bipartisan debt commission to begin working on this... 45 00:04:22,779 --> 00:04:27,160 We all know that we also live in a time of bitter partisanship. It was noted. 46 00:04:27,259 --> 00:04:34,100 And it's been on display here today. And our people are losing their faith in governmen... 47 00:04:34,100 --> 00:04:39,379 sight of the principles that made us the greatest nation in the history of the world. 48 00:04:39,439 --> 00:04:42,620 I think we've got to be mindful of that. We're going to fight. 49 00:04:42,720 --> 00:04:50,660 We're going to fight vigorously over our core principles, because there are odds a lot o... 50 00:04:50,750 --> 00:04:55,819 We have to sacrifice sometimes our preferences, because that's what's necessa... 51 00:04:55,920 --> 00:05:02,910 But we will defend our core principles to the end. In his farewell address, President... 52 00:05:02,910 --> 00:05:07,379 of his rapport with people. And I like to paraphrase his explanation all the time. 53 00:05:07,480 --> 00:05:14,069 He said, "You know, they call me the great communicator, but I really wasn't that." H... 54 00:05:14,069 --> 00:05:20,060 same great things that they've guided our nation since its founding." What are those... 55 00:05:20,110 --> 00:05:24,779 I call them the seven core principles of American conservatism, but let me concede ... 56 00:05:24,839 --> 00:05:28,819 I think it's really quintessentially the core principles of our nation. 57 00:05:28,819 --> 00:05:36,410 I've rolled them down to individual freedom, limited government, the rule of law, peace... 58 00:05:36,410 --> 00:05:44,259 , free markets, and human dignity. Those are the foundations that made us the... 59 00:05:44,259 --> 00:05:47,839 And you and I today are the stewards of those principles. 60 00:05:47,939 --> 00:05:54,589 The things that have made us the freest, most powerful, most successful nation in the... 61 00:05:54,589 --> 00:06:01,589 have made us truly exceptional. In this time of great crisis, it is our duty to work... 62 00:06:01,589 --> 00:06:06,259 of great leaders have to face these great challenges and solve these great problems. 63 00:06:06,259 --> 00:06:12,040 I will conclude with this. The job of the Speaker of the House is to serve the whole... 64 00:06:12,040 --> 00:06:19,660 But I've made a commitment to my colleagues here that this Speaker's office is going t... 65 00:06:19,660 --> 00:06:26,829 If I look forward to the days ahead, I genuinely believe in my heart that the bes... 66 00:06:26,829 --> 00:06:34,379 We want our allies around the world to know that this body of lawmakers is reporting... 67 00:06:34,379 --> 00:06:38,709 Let the enemies of freedom around the world hear us loud and clear. 68 00:06:38,709 --> 00:06:41,379 The people's house is back in business.