How Insurance Works

House Session 2011-07-29 (20:10:40-20:50:29)


ONE JOB CREATORS IN OUR COUNTRY. AND I YIELD BACK. THANKS TO MY COLLEAGUE, MR. TIPTON FROM COLORADO. MR. SPEAKER, WE KNOW THAT NOT ALL REGULATIONS ARE BAD, BUT SO
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CREATION. MANY ARE OBSTACLES TO JOB A RECENT STUDY BY THE HERITAGE FOUNDATION FOUND THAT 43 MAJOR REGULATIONS WERE IMPOSED IN FISCAL YEAR 2010, WITH A TOTAL ECONOMIC COST OF $26.5 BILLION, THE HIGHEST TOTAL SINCE 1981. THE COST OF REGULATIONS IS A BIG OBSTACLE FOR AMERICAN JOB CREATORS. BUT WHEN YOU THINK ABOUT REGULATIONS, HERE ARE AN EXAMPLE OF SOME OF THE ONCE THAT CAN MAKE YOU LAUGH. THE DEPARTMENT OF ENERGY REQUIRES MICROWAIVE MAKERS TO MEASURE THE AMOUNT OF ENERGY THEIR PRODUCTS USE IN THE OFF POSITION.
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AGENCY WANTS STRICTER THE ENVIRONMENTAL PROTECTION REGULATIONS ON THE AMOUNT OF DUST ON AMERICAN FARMS. THE DEPARTMENT OF INTERIOR WANTS TO IMPOSE A FEE ON CHRISTMAS TREE SALES TO PROMOTE CHRISTMAS TREE SALES. WHEN YOU THINK ABOUT HOW GOVERNMENT REGULATIONS DESTROY AMERICAN JOBS, THESE ARE THE STATISTICS THAT WILL MAKE YOU CRY. ACCORDING TO A LOUISIANA STATE UNIVERSITY PROFESSOR, THE DEPARTMENT OF INTERIOR’S DEFACTO MORATORIUM OF EXPLORATION IN THE GULF OF MEXICO COULD COST $36,1 — 36,137 JOBS. IN ADDITION, MORE THAN 80,000 JOBS COULD BE LOST DUE TO THE E.P.A. REGULATIONS TARGETING THE CEMENT INDUSTRY. AND E.P.A. GAS REGULATIONS COULD COST $1 — 1.4 MILLION JOBS. THE AMERICAN PEOPLE PLACE AN UPPER LIMIT ON THE DAMAGE THAT WASHINGTON DEMOCRATS COULD INFLICT ON THE ECONOMY BY FIRING HOUSE DEMOCRATS IN THE LAST ELECTION. IN ELECTION, WE BEGAN TO IMPLEMENT THE JOB FOR AMERICA. WE VOTED TO REPEAL THE GOVERNMENT TAKEOVER OF HEALTH CARE, ROLL BACK COSTLY REGULATIONS, CUT JOB DESTROYING REGULATIONS AND TALK ABOUT HOW MUCH MORE WE CAN SPEND TO ONE THAT TALKS ABOUT HOW MUCH WE CAN CUT IN SPENDING. THE UNITED STATES CONGRESS IN 2009 PASSED THE PRESIDENT’S $800 BILLION STIMULUS PACKAGE WHICH WE NOW HAVE CONVINCING PROOF THAT IT DID NOTHING TO REDUCE UNEMPLOYMENT. TODAY, THE HOUSE OF REPRESENTATIVES HAS SENT NINE LIFE JOB-CREATING BILLS TO THE U.S. SENATE, YET THOSE BILLS CONTINUED TO BE SIT WAITING TO BE VOTED ON SIMILAR TO THE CUT, CAP AND BALANCE THAT WE SEPTEMBER ON OVER THAT THE
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SENATE MAJORITY LEADER HAS TABLED. I HAVE INTRODUCED MY OWN LEGISLATION TO REDUCE UNPLOICT, H.R. 1663. THE PRESIDENT CONTINUES WITH AN ECONOMIC POLICY BASED ON JOB-KILLING OVER REGULATION AND IMPLEMENTATION OF OBAMACARE. HOW MANY MORE MONTHS ARE WE GOING TO SEE THE STAGNANT JOB GROWTH.
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9%. THE UNEMPLOYMENT IS AT OR ABOVE THE PRESIDENT HAS TO REALIZE HIS POLICIES HAVE FAILED AND IT IS
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DIRECTION. TIME TO GO IN A DIFFERENT THE SOLUTION RELY ON REGULATORY POLICIES WHICH INCENTIVIZE LONG-TERM PRIVATE SECTOR GROWTH. WE MUST RESTORE CONFIDENCE, PROVIDE ACCESS TO CAPITAL AND CREATE ECONOMIC CERTAINTY. NOW IS NOT THE TIME FOR MORE RHETORIC ON SPENDING, BORROWING AND RAISING TAXES. OUR COUNTRY IS IN A CRISIS AND TIME IS RUNNING OUT. WE MUST REMEMBER THAT IT IS THOSE SAME MA AND POP STORES ON MAIN STREET BACK IN OUR RESPECTIVE DISTRICTS THAT CREATES THE JOBS FOR OUR TEENAGERS DURING THE SUMMER MONTHS, LOCAL HAIR SALON THAT MY WIFE AND TWO DAUGHTERS VISIT OFTEN THAT WOULD BE AFFECT D. UNECONOMIC UNCERTAINTY CREATED BY DEBT, REGULATORY BURDEN ON SMALL BUSINESSES AND UNCERTAIN GURD IS SLOWING COMMERCE. TODAY, THE G.D.P. ANNOUNCEMENT IN THE LAST QUARTER OF 1.3% GROWTH IS FURTHER PROOF THAT PRESIDENT OBAMA’S TRATION’S ECONOMIC STRATEGY IS NOT WORKING.
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9%. UNEMPLOYMENT STILL REMAINS ABOVE IN THE INNER CITY IN OUR BLACK COMMUNITIES IS AT 16.2% AND UNFORTUNATELY FOR OUR VETERANS, OF WHICH I AM ONE, THAT UNEMPLOYMENT RATE IS 13%. AND WE JUST TALKED ABOUT OUR QUARREL G.D.P. GROWTH, THAT IS UNACCEPTABLE FOR THE MOST
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. POWERFUL ECONOMY IN THE WORLD. IN MAY, HOUSE REPUBLICANS PUT FORTH A PLAN FOR AMERICA’S JOB CREATORS. THAT INCLUDES COMMONSENSE POLICIES TO REMOVE UNCERTAINTY BY REDUCING REGULATORY BURDENS, LOWERING BUSINESS TAX RATES TO 25%, SPURRING EXPORTS BY QUICKLY PASSING THE PENDING FREE TRADE AGREEMENT AND INTRODUCING A BUDGET THAT GETS OUR NATION’S FISCAL HOUSE IN ORDER. THE SOONER WE ENACT POLICIES LIKE THESE INTO LAW, THE SOONER OUR SMALL BUSINESSES WILL BE ABLE TO LEAD US OUT OF THIS ECONOMIC DOWNTURN. AND, MR. SPEAKER, I YIELD BACK THE BALANCE OF MY TIME. THE GENTLEMAN YIELDS. UNDER THE SPEAKER’S ANNOUNCED POLICY OF JANUARY 5, 2011, THE CHAIR RECOGNIZES THE GENTLEMAN FROM TEXAS, MR. GOHMERT, FOR THE REMAINDER OF THE HOUR AS THE DESIGNEE OF THE MAJORITY LEADER. GEM GOAL — THANK YOU, MR. SPEAKER.
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HERE ON THE HOUSE FLOOR. IT’S BEEN QUITE AN EVENTFUL DAY A LOT OF SCURRYING, A LOT OF THINGS GOING ON IN COMMITTEE ROOMS, DIFFERENT MEETING ROOMS AROUND THE CAPITOL TODAY. AND ACTUALLY LAST NIGHT WHEN I FINISHED TALKING, MEETING WITH FOLKS AROUND MIDNIGHT OR SO IT APPEARED THAT REPUBLICANS WOULD START TODAY WITH BASICALLY NOT MUCH CHANGE TO THE BILL WE HAD YESTERDAY, BUT WE HAD A
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CONVERSATION THIS MORNING, THE REPUBLICAN MEMBERS OF CONGRESS — CONFERENCE THIS MORNING, THE REPUBLICAN MEMBERS OF CONGRESS, AND ADDED TO THE FORMER — THE BOEHNER BILL WAS THE REQUIREMENT THAT BEFORE THE PRESIDENT WOULD GET THE FULL HUNCH OF THE DEBT CEILING BEING LIFTED, THERE HAD TO BE A BALANCED BUDGET AMENDMENT PASSED FROM THE HOUSE WITH 2/3 VOTE, OF COURSE, AND FROM THE SENATE WITH 2/3 VOTE AND WE SENT TO THE STATES BY ARCHIVIST OF THE CAPITOL FOR THE RATIFICATION. NOW, IT’S A SHAME THAT A BALANCED BUDGET AMENDMENT IS NEEDED. BUT IF THERE COULD HAVE BEEN A PIECE OF LEGISLATION THAT WERE PREPARED AND PASSED AND TIGHT ENOUGH TO REQUIRE ALWAYS THAT A BALANCED APPROACH BE TAKEN, NO MORE MONEY SPENT THAN MONEY COMING IN, THEN WE WOULDN’T HAVE HAD TO WORRY ABOUT A BALANCED BUDGET AMENDMENT. WHAT WE’VE SEEN OVER THE LAST 100 YEARS OR SO IN THIS COUNTRY HAS BEEN RUNAWAY SPENDING. AND I THINK OF THE LINE JIM CARREY HAD IN ONE OF HIS MOVIES, SOMEBODY STOP ME. AND CONGRESS NEEDED SOMEBODY TO STOP CONGRESS. BUT THE ONLY WAY TO DO THAT, CONSTITUTIONALLY AND LEGALLY, WAS TO CHANGE THE CONSTITUTION SO THAT CONGRESS COULD BE STOPPED FROM SPENDING MORE MONEY THAN IT TOOK IN. I WAS GOING TO VOTE NO ON THE BOEHNER BILL AS OF YESTERDAY, AS OF LAST NIGHT, BUT THIS MORNING, TO FIND OUT THAT THE SPEAKER, AS HE SAID HE WOULD, HAS LISTENED TO THE CONFERENCE AND PUT BACK IN THE BALANCED BUDGET AMENDMENT REQUIREMENT, IT ALREADY HAD A REQUIREMENT IN THERE THAT THERE WOULD BE A VOTE, BUT WE KNEW THAT THE SENATE HAD ALREADY VOTED, 51 VOTES, TO TABLE THE BALANCED BUDGET AMENDMENT. THEY DIDN’T EVEN WANT TO DEBATE IT. AND NOW, TONIGHT, AS I SPEAK, THE SENATE HAS WASTED NO TIME WITH THE MAJORITY LEADER OF THE SENATE, A DEMOCRATIC PARTY LEADER. I WOULD BET THAT HE HAS NOT BATHERED TO READ THE BILL, THAT HE’S NOT BOTHERED TO SEE WHAT’S THERE AND PERHAPS THE MAJORITY LEADER REID DOES NOT KNOW THAT 70% OR SO OF ALL AMERICAN ADULTS WOULD LIKE TO SEE A BALANCED BUDGET AMENDMENT PASSED. TONIGHT, AGAIN, HE IS WORKING AGAINST THE WILL OF THE AMERICAN PEOPLE JUST LIKE HE AND THEN SPEAKER PELOSI DID IN PUSHING FOR OBAMACARE TO BE PASSED, THE MAJORITY OF AMERICANS DID NOT WANT THAT KIND OF GOVERNMENT INTRUSION INTO THEIR LIVES. WELL, THE DEMOCRATS STILL CONTROL THE SENATE SO ONCE AGAIN THEY’RE WORKING THEIR PRIVATE WILL AGAINST THE WILL OF THE AMERICAN PEOPLE. SO I DON’T KNOW WHAT THE TALLY IS THAT WAS BEING TAKEN AS I WALKED ONTO THE FLOOR BUT I WOULD IMAGINE THAT LEADER REID WOULD NOT HAVE BROUGHT THE BOEHNER BILL WITH THE REQUIREMENT OF HAVING A BALANCED BUDGET AMENDMENT PASSED BY 2/3 TO THE FLOOR OF THE SENATE UNLESS HE KNEW ONCE AGAIN HE HAD THE 51 DEMOCRATIC SENATORS WHO WERE WILLING TO VOTE TO TABLE THE BILL THAT IS REQUIRED — THAT HAS REQUIRED SO MUCH SWEAT, I DON’T KNOW ABOUT TEARS, BUT A LOT OF SWEAT AND A LOT OF FRUSTRATION, I KNOW I’VE HAD PLENTY, ANGER AT TIMES, FRUSTRATION. BUT WE CAME TOGETHER AND GOT THE BILL DONE AND I ENDED UP BEING A YES FOR A NUMBER OF REASONS BUT ONE WAPS THE MOST IMPORTANT — ONE WAS, THE MOST IMPORTANT WAS THAT THE BALANCED BUDGET AMENDMENT WAS GOING TO BE REQUIRED TO PASS 2/3 THE HOUSE AND SENATE BEFORE THE PRESIDENT GOT THE DEBT CEILING INCREASED — INCREASE THAT HE SO DESPERATELY WANTS. TO TABLE THAT, ONCE AGAIN — IT’S BAD ENOUGH THAT THE SENATE, ALL THIS TIME, HAS BEEN TRASHING THINGS THAT WE’VE BEEN FIGHTING FOR AND GETTING ACCOMPLISHED IN THE HOUSE BUT TO TABLE IT AND NOT EVEN GOING TO LET REPUBLICANS WHO WANT TO SPEAK ON THIS ISSUE COME TO THE FLOOR OF THE SENATE AND HAVE A FAIR DEBATE, SIMPLY BECAUSE ONE PARTY CONTROLS THE MAJORITY, YOU WANT TO KEEP THE OTHER SIDE FROM COMING TO THE SENATE FLOOR AND HAVING A FAIR DEBATE OVER A BALANCED BUDGET AMENDMENT? IT IS JUST STAGGERING TO THINK THAT ONCE AGAIN, JUST LIKE WHEN OBAMACARE WAS CRAMMED DOWN THE THROATS OF AMERICANS, NOT WITH ANY SUGAR, IT WAS A SOUR PIECE OF MEDICINE AND NOW NOT EVEN TO ALLOW DEBATE OVER A BALANCED BUDGET AMENDMENT TO BE BROUGHT TO THE SENATE FLOOR — I DON’T
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. THINK THE FOUNDERS INTENDED THAT I DON’T THINK THE FOUNDERS INTENDED THAT WHEN 70% OR SO OF THE AMERICANS FELT SOMETHING WAS CRITICAL FOR THE ONGOING AND GOOD OF THE COUNTRY THAT YOU WOULD HAVE ONE GROUP IN EITHER HOUSE WHO WOULD PROHIBIT EVEN DISCUSSING DEBATE — DISCUSSING, DEBATING A BILL, USING THE RULES AND 51 SENATORS TO PREVENT DEBATE. I MEAN, THAT’S HOW THIS COUNTRY — ONE OF THE THINGS THAT’S HELPED MAKE IT GREAT. THIS WAS ONE PLACE YOU USED TO COULD SAY WHATEVER YOU WANTED. AS IT’S BEEN CREDITED TO DIFFERENT PEOPLE. BUT I DISAGREE WITH WHAT YOU SAY BUT I’LL DEFEND YOUR RIGHT TO SAY IT AND NOW IT APPEARS THE SENATE IS OPERATING AND YOU RULE , I DISAGREE WITH WHAT YOU SAY SO I AM GOING TO USE PROCEDURAL MANEUVERS AND PREVENT YOU FROM SAYING WHAT YOU WANT TO SAY. AND I’LL SAY THIS ABOUT SPEAKER
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HE KNOWS THAT I HAVE NOT BEEN JOHN BOEHNER, TOO. HAPPY WITH MANY OF THE THINGS THAT HAS GONE ON. BUT UNLIKE THE MAJORITY LEADER IN THE SENATE, HE HAS MADE NO EFFORT TO PREVENT ME FROM COMING TO THE HOUSE FLOOR AND SPEAKING MY MIND, SUCH AS IT IS, HERE ON THIS FLOOR. WE’RE SUPPOSED TO HAVE FREEDOM OF SPEECH BUT THE SENATE WILL NOT ALLOW THE WORKING OF THE PEOPLE’S WILL ON THE SENATE FLOOR. NOW, I’VE HEARD SOME PEOPLE SAY, MR. SPEAKER, THAT THE FACT IS BY OUR PASSING THIS BILL TODAY IN THE HOUSE THAT WE PROVIDED A VEHICLE FOR THE SENATE TO USE TO COMPLETELY STRIP OUT AND PUT SOME CONTORTED PIECE OF LEGISLATION ON AND SEND BACK DOWN HERE. WELL, THE FACT IS THAT THE SENATE DID NOT NEED THIS BILL TODAY TO HAVE A VEHICLE TO SEND A CONTORTED PIECE OF LEGISLATION BACK TOWARD US. NOW, THE CONSTITUTION MAKES CLEAR ANYTHING THAT PRODUCES REVENUE HAS TO ORIGINATE IN THE HOUSE. THAT’S THE CONSTITUTION. BUT IT IS ALSO IMPORTANT FOR PEOPLE TO UNDERSTAND, MR. SPEAKER, THE LENTION TO WHICH THE RULES — LENGTHS TO WHICH THE RULES HAVE BEEN TWISTED AND I THINK MISUSED IN ORDER TO MAKE SOMETHING HAPPEN THAT NEVER SHOULD HAVE. AND A GOOD EXAMPLE — A GOOD EXAMPLE IS THIS MONSTROSITY SOME CALLED OBAMACARE. IT’S GOD DIFFERENT NAMES. — IT’S GOT DIFFERENT NAMES. BUT THE ORIGINAL NAME OF THIS BILL WAS, QUOTE, AN AMENDMENT — I’M SORRY, H.R. 3590 AND HE
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CALLS IT THE BILL FROM THE HOUSE OF REPRESENTATIVES. SO THIS WAS A SENATE BILL, OBAMACARE WAS A SENATE BILL, STARTED IN THE SENATE, DERIVED IN THE SENATE. WELL, THEN, SINCE THE DEMOCRATS RAISED REVENUE IN OBAMACARE, CREATED NEW TAXES AND INCREASED TAXES, WELL THAT’S A REVENUE-GENERATING BILL, THEN HOW IN THE WORLD COULD THE SENATE ORIGINATE THE BILL SINCE IT GENERATED REVENUE? THE CONSTITUTION MAKES VERY CLEAR THEY CAN’T DO THAT. WELL, WHAT THE SENATE DID WAS TAKE H.R. 3590 ENTITLED, QUOTE, AN ACT TO AMEND THE INTERNAL REVENUE CODE OF 1986 TO MODIFY THE FIRST TIME HOMEBUYERS CREDIT IN THE CASE OF THE MEMBERS OF THE ARMED FORCES AND CERTAIN OTHER FEDERAL EMPLOYEES AND FOR OTHER PURPOSES. THAT’S OBAMACARE. AND I WOULD HUMBLY SUBMIT THAT ANY BILL THAT STARTS AS A LIE, BECAUSE THIS BILL WAS A LIE, A BILL THAT STARTS AS A LIE CAN’T BE A VERY GOOD BILL IN THE END. . ANY BUILDING THAT HAS A PROPER FOUNDATION WITH WEATHER A LOT OF STORMS. THIS BILL HAS A LIE FOR FOUNDATION. THE OBAMACARE BILL, IT’S H.R. 3590, AN ACT TO AMEND THE INTERNAL REVENUE CODE TO MODIFY THE FIRST TIME HOME BUYERS’ CREDIT IN CASES OF THE MEMBERS OF THE ARMED FORCES AND THEY HAD TO DO DOUBLE PAY AND THIS PAPER IS VERY, VERY THIN SO THEY COULD GET THIS STUFF IN HERE. IT IS INTERESTING. THE BILL STARTED AS A BILL TO HELP VETERANS AND OUR MILITARY, BUT THIS BILL TO HELP VETERANS AND OUR MILITARY, THOSE WHO ARE PUTTING THEIR LIVES AT RISK FOR OUR LIBERTY, FOR OUR BENEFIT, THAT WAS STRIPPED OUT, BUT THIS BILL BEGINS PAGE ONE, LINE 1 TO HELP OUR VETERANS AND STRIKES EVERY SINGLE WORD, DELETING EVERY SINGLE WORD IN THE BILL TO HELP OUR VETERANS AND OUR MILITARY AND SUBSTITUTES THEREFORE OBAMACARE. THAT BILL STARTED AS A LIE. THEY TOOK A BILL THAT HAD NOTHING TO DO WITH HEALTH CARE AND THEY STRIPPED EVERY WORD THAT WOULD HELP OUR MILITARY AND MADE IT OBAMACARE. THAT IS PHENOMENAL. JUST INCREDIBLE. SO, THE SENATE DIDN’T NEED US TO PASS A BILL TODAY FOR THEM TO DO THE SAME THING TO TAKE SOME WELL INTENTIONED BILL, SOME BILL THAT DID GREAT THINGS FOR AMERICA TO BEGINNING LINE WIN, PAGE ONE AND DELETING EVERY WORD IN THE BILL AND SUBSTITUTING THEREFORE, WHATEVER CON TORTED MESS THAT THE SENATE IS GOING TO SEND DONE HERE. SOME OF THE SENATE LEADERSHIP HAVE TAKING THEIR SHOTS IN THE MEDIA, THEY HAVE NOT PASSED ANYTHING. THEY HAVE FOUGHT — TODAY MAKES FWICE AS THE NATION MOVES TOWARD NOT HAVING ENOUGH MONEY, WHILE THE HOUSE HAS BEEN EMBROILED IN SERIOUS DEBATE AND DISCUSSIONS TRYING TO PUT TOGETHER A BILL AND WE DID THAT AND IT HAD 234
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TABLED. VOTES AND THE SENATE IMMEDIATELY THE TRUTH IS, I THOUGHT WE
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ANYTHING. SHOULD WAIT FOR THE SENATE TO DO AND I DISAGREE WITH THE SPEAKER’S STRATEGY. THE SPEAKER’S STRATEGY, WELL, IF THEY WON’T TAKE THAT, WELL, LET’S TRY AGAIN. WE WILL COMPROMISE ON THE THINGS THAT WE WANT AND SEND A BILL THAT’S CLEARLY A COMPROMISE OF THE THINGS WE WANT, SO SURELY THE SENATE WILL TAKE IT UP AND SURELY THEY WILL PASS IT. WE KNOW FROM MAJORITY LEADER REID HE WAS GOING TO MAKE SURE THAT WAS DEAD ON ARRIVAL. WE KNOW THE PRESIDENT HAS DRAWN LINES IN THE SAPPED TO KEEP THINGS MOVING. AND WE HEARD THE PRESIDENT TALK ABOUT HIS BILL. AND I CAN RECALL SITTING LISTENING TO THE PRESIDENT’S SPEECH TALKING ABOUT MY BILL, THIS BILL, DON’T MISREPRESENT MY BILL AND HE USED THE WORD LIE HERE ON THE HOUSE FLOOR TALKING ABOUT WHAT HE BELIEVED TO BE MISREPRESENTATIONS OF HIS BILL AND I ASKED THE SECRETARY AFTER THAT, THE PRESIDENT KEEPS TALKING ABOUT HIS BILL. I MEAN, HIS BILL, MY BILL, THIS BILL, WHERE CAN I GET A COPY OF THE PRESIDENT’S BILL? AND THE SECRETARY SAID, I THINK HE WAS TALKING ABOUT A SET OF PRINCIPLES. I WAS RIGHT. THE PRESIDENT TALKED ABOUT THIS BILL, MY BILL, BUT HE HAD NO BILL. PEOPLE TALKED ABOUT HOW BELF HIS CLOTHES WERE, BUT THE FACT WAS THAT THE EMPEROR WAS NAKED, THERE WAS NO BILL. THERE WAS NO BILL THEN AND AS THE PRESIDENT TALKS ABOUT HIS BILL, THERE’S NO BILL. AS HARRY REID TALKS ABOUT HIS BILL, THERE IS NO BILL. THERE IS SOMETHING INVOLVED IN THE SENATE, AS I SNAND IT, CHAIRMAN DREIER HAS FILED IT AND WE’LL SEE WHAT HAPPENS. BUT THE PHENOMENAL THING IS HOW BADLY OFF TRACK THIS CONGRESS HAS GOTTEN WHEN ONE OF THE HOUSES, IN THIS CASE, THE SENATE, WILL NOT EVEN ALLOW DEBATE OVER SOMETHING THAT THE VAST MAJORITY OF AMERICANS WANT. FORGET RED, FORGET BLUE, LET’S GET RESPONSIBLE. 160 BILLION IN DEFICIT SPENDING, 2006, MY SECOND YEAR HERE, WAS NOT RESPONSIBLE. AND DEMOCRATS WON THE MAJORITY AS A RESULT BECAUSE THEY PROMISED WE’LL ELIMINATE THAT 160 BILLION SPENDING AND MAN, OH , MAN WERE THEY RIGHT. AND NOW THIS YEAR, AS A RESULT OF THEIR ACTIONS, THE LAST FOUR, WE WILL HAVE $1. TRILLION IN SPENDING, $2.2 TRILLION. THE NUMBERS FROM THE FIRST QUARTER OF THIS YEAR, WHICH WAS VERY LITTLE GROWTH AT ALL IN OUR ECONOMY, WHICH PEOPLE GOT DEPRESSED ABOUT WHEN THE ORIGINAL NUMBERS CAME OUT WAS A THIRD ABOUT WHAT THEY ORIGINALLY THOUGHT IT WAS. THINGS AREN’T LOOKING GOOD. THIS IS PRESIDENT OBAMA. IT’S HIS ECONOMY. BUT THE CHANGE THAT SPEAKER PELOSI AND MAJORITY LEADER MADE IN THE FIRST TWO YEARS OF THIS PRESIDENT’S TENURE, THEY SET US ON A TRACK THAT IS LEADING TO A MAJOR CRASH. NOW WE’VE ALREADY HEARD IN RECENT DAYS THAT AUGUST 2 DEADLINE THAT THE PRESIDENT SET LIKE I SAID SOME WEEKS BACK, THAT WAS NOT A PARTICULARLY SPECIAL DAY. IT HAPPENED TO BE THE PRESIDENT’S BIG BIRTHDAY CELEBRATION, BUT OTHERWISE IT WASN’T A PARTICULARLY SIGNIFICANT DAY. AND SNORE DASCHLE SET THE PARTISAN CENTER OR WHATEVER IT IS, THEY WERE ECHOING THAT AUGUST 2 WAS THE DAY, AND THEY LUMPED IN SOCIAL SECURITY. THE LAW IS CLEAR. SOCIAL SECURITY GETS PAID AND JUST LIKE IN 198 AND 1996 WHEN THR IS A SHORTFALL ONE MONTH, THE TREASURY SECRETARY IS SUPPOSED TO SELL OFF SOME OF THE TREASURY NOTES, $2.6 TRILLION IN TREASURY NOTES. SO ENOUGH TO PAY THE BENEFITS AND EXPENSES OF SOCIAL SECURITY. SO THERE IS NO RISK OF THAT FAILING. THERE ARE MANY TIMES MORE THAN ENOUGH MONEY TO PAY OUR DEBTS AS THEY COME DUE IN AUGUST. AND SO WE HAVE BEEN TOLD, ACTUALLY IT IS NOT AUGUST 2,
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MAYBE IT’S LIKE A COUPLE OF WEEKS. WE’RE NOT SURE. BUT SOMETIME IN THE FUTURE. WELL, IN THE HOUSE IT HAS BEEN TAKEN SERIOUSLY EVEN AUGUST 2 WAS NOT A MAGIC DATE AND WE HAVE PASSED TWO BILLS AND THE SENATE HAS PASSED ZERO. THAT’S IRRESPONSIBLE. ABSOLUTELY IRRESPONSIBLE. THAT INVOKES NO CONFIDENCE THAT THIS GOVERNMENT WILL EVER BE ABLE TO DO WHAT IT NEEDS TO. SO I KNOW I GOT EMAILS, CALLS AND LETTERS, MEMBERS OF CONGRESS ALL OVER THE FLOOR ON BOTH SIDES OF THE AISLE HAVE GOT I DON’T KNOW CALLS AND LETTERS AND MAJORITY OF THOSE IN MY OFFICE HAVING ENCOURAGED ME TO STAND FIRM AND IT’S GREAT TO REPRESENT A DISTRICT THAT UNDERSTANDS NOT TO CAVE IN TO FIELD MON GORING. AND IT HAS BEEN ROUGH. YOU DON’T LIKE TO BE CHIDED BY FRIENDS WHO DON’T LIKE THE POSITION YOU ARE TAKING ON A BILL, BUT I’M EVER SO GRATEFUL THAT THE BILL WAS MADE IMMINENTLY MADE BETTER THIS MORNING. AND NOT ONLY THAT TALKING THROUGH THE DAY AND I DO APPRECIATE SPEAKER BOEHNER FACE TO FACE, EYE TO EYE, HE HAS BEEN VERY GRACIOUS ALL WEEK, IT’S OTHERS THAT HAVE MADE IT KIND OF TOUGH AT TIMES, BUT — HE WANTS TO DO SOMETHING. AND TALKING WITH CHAIRMAN PAUL RYAN, CHAIRMAN OF THE BUDGET COMMITTEE, I’M ALSO SFED THAT WE HAVE A NUMBER OF WONDERFUL THINGS COMING. WE CAN PERHAPS FIGURE OUT AT SOME POINT, THE SENATE WILL GET CONCERNED ABOUT GOING AGAINST THE WILL OF THE MAJORITY OF THE SENATE, AT SOME POINT. THEY ARE GOING TO REALIZE, WE SHOULD NOT KEEP GOING AGAINST 70% OF THE AMERICAN PUBLIC BECAUSE A LOT OF US HAVE ELECTIONS INCOMES YEAR. GEE, MAYBE WE OUGHT TO DO SOMETHING THAT THE MAJORITY OF THE AMERICANS WANT. ONE OF THE THINGS THAT I HEARD RUSH LIMBAUGH TALK ABOUT IN THE 1990’S WHEN CONGRESS WASN’T A BLIP ON MY RADAR WAS THE ZERO-BASELINE BUDGET AND IT DIDN’T MAKE ANY SENSE. AS IT WAS EXPLAINED, WE HAVE AUTOMATIC INCREASES IN EVERY AGENCY’S BUDGET IN THE FEDERAL GOVERNMENT, EVERY AGENCY HAS AUTOMATIC INCREASES EVERY YEAR WHILE SENIOR SIT SCIENCE DON’T GET AUTOMATIC COLAS. ALL THOSE BUDGETS. WHY? WE OUGHT TO HAVE A ZERO BASELINE BUDGET EVERY YEAR SO NOBODY GETS AN AUTOMATIC INCREASE IN THE AGENCIES. AND WE COULD SAVE TRILLIONS IF WE JUST REQUIRED EVERY BUDGET IN THE FEDERAL GOVERNMENT TO START OUT AND PROVE WHAT THEY NEED FOR THE YEAR. ZERO BASELINE BUDGET. NO AUTOMATIC INCREASES. WHEN I GOT HERE IN 2005, ZERO BASELINE BUDGET MADE SENSE. AND DURING THAT CONGRESS, I FILED A BILL TO REQUIRE A ZERO BASELINE BUDGET. NO AUTOMATIC INCREASES EVERY YEAR. AND IT DIDN’T MAKE SENSE THAT REPUBLICANS WOULD BRING IT TO THE FLOOR BECAUSE ANY TIME YOU SLOWED THE AUTOMATIC INCREASE, THERE WERE PEOPLE THAT CALLED YOU A DRACONIAN FOOL AND MAKING CUTS, YOU WEREN’T MAKING CUTS BUT SLOWING THE RATE OF GROWTH. AND THE ONLY WAY TO FIX THAT WAS TO SAY NO AUTOMATIC INCREASES AND I PUSHED FOR THAT IN MY FIRST CONGRESS IN 2005 AND 2006 AND REPUBLICANS WERE IN THE MAJORITY AND OUR LEADERSHIP PARTICULARLY IN 2006 WHEN I TALKED TO THE LEADERSHIP THEN AND I WAS PUSHING IT THEN, I WAS TOLD, WE CAN’T DO THAT. WE SHOULD HAVE MAJOR TAX REFORM. THIS IS A GREAT TIME TO PUSH FOR A FLAT TAX, A SIMPLIFIED TAX FAIR, SIMPLER AND SO THAT EVERYBODY HAS THEIR FAIR SHARE. I DON’T WANT A MEGA RICH PERSON MAKING A 10% OR 12% INCOME TAX. EVERYBODY SHOULD HAVE AN INTEREST OF WHAT HAPPENS HERE AND NOT BECAUSE THEY HAVE LOTS OF MONEY AND DON’T PUT ANYTHING IN. PEOPLE NEED TO HAVE A VESTED INTEREST IN THIS CONGRESS BY PAYING INCOME TAX IN. AND THE LOWEST RATE IS DOWN 15%. WHAT MAYBE 5%. I HAVE FORGOTTEN. BUT THE TOP RATE HAS BEEN 39%. SOME PEOPLE WANT IT TO GO HIGHER. EVEN THOUGH THE TOP RATE IS 39%, THERE IS MEGA RICH THAT DON’T PAY 39%. WHY NOT HAVE A FAIR TAX THAT WILL BE A FLAT TAX, EVERYBODY PAY THE SAME AMOUNT OF TAX. THAT OUGHT TO BE FAIR. EVERYBODY OUGHT TO HAVE THE SAME THING. THE GREAT HE CON MISS THAT REVIVED THE ECONOMY OUT OF THE CARTER ADMINISTRATION WAS SAYING THIS WEEK, I AGREE WITH WHAT HE SAID AND I HAVE BEEN TALKING ABOUT WHAT HE SAID AND I APPRECIATE THAT MAN, HE SAID WE OUGHT TO HAVE A FLAT TAX AND HE SAID I BELIEVE YOU CAN GET THERE AND HAVE THE SAME AMOUNT OF REVENUE IF YOU HAVE 12%, 13% FLAT TAX AND HAVE A MORTGAGE INTEREST DEDUCTION AND ALLOW DEDUCTIONS FOR CHOORTABLE
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. CONTRIBUTIONS. BUT, BOY, THAT WOULD BE SO MUCH MORE FAIR. NO MEGARICH WOULD GET OUT WITHOUT PAYING NOTHING. G.E. SHOULDN’T, YOU KNOW, HAVE TO PAY NOTHING, GET AWAY WITH PAYING NOTHING, JUST BECAUSE THEY HAVE FRIENDS IN THE ADMINISTRATION AND GET LOBBYING AND ALL THAT KIND OF STUFF. EVERYBODY OUGHT TO HAVE TO PAY SOMETHING. I’M OK WITH REDUCING CORPORATE TAX BECAUSE WHEN YOU DO THAT YOU’RE REDUCING THE TARIFF WE’RE PUTTING ON OUR OWN PRODUCTS. AND IF YOU TOOK OFF THE 35% TAX WE PUT ON EVERY AMERICAN — CORPORATE AMERICAN GOOD PRODUCED, THERE’S NO TELLING HOW MANY MORE MARKETS AROUND THE WORLD WOULD JUST BE BEGGING FOR AMERICAN PRODUCTS THAT WOULD BE 35% LESS OF A TARIFF ON THOSE GOODS. WE COULD COMPETE ANYWHERE IF WE KEEP THE TARIFF DOWN ON OUR OWN GOODS. PEOPLE TALK ABOUT PUTTING TARIFFS ON OTHER PEOPLE’S GOODS. WE OUGHT TO GET IT OFF OUR OWN. AND THEN YOU WOULD SEE MASSIVE AMOUNTS OF ECONOMIC BOOMING GOING ON AND PEOPLE WOULD BE HIRED AND MORE PEOPLE WOULD PAY THE 12%, 13% INCOME TAX, YOU’D HAVE MORE REVENUE THAN EVER COMING IN TO THE AMERICAN COFFERS, THE GOVERNMENT, THAT WOULD CREATE JOBS AND AS PEOPLE KNOW THE BEST FORM OF WELFARE IS A JOB. YOU FEEL GOOD ABOUT YOURSELF. BUT IT’S HARD TO FEEL TOO GOOD ABOUT WHAT’S GOING ON DOWN THERE AND AS I’VE SAID BEFORE, DOWN IN THE SENATE, ABOVE THE DOOR, FROM THE PRESIDENT’S SITTING POSITION IN THE SENATE, ABOVE THE LEFT DOOR IS THE WORDS, HE, GOD, HAS SMILED ON OUR UNDERTAKING. IT’S PART OF OUR GREAT SEAL. ON THE BACK OF EVERY DOLLAR BILL. IT’S HARD TO BELIEVE THAT GOD COULD BE SMILING ON PEOPLE THAT WILL NOT ALLOW DEBATE ON A RESPONSIBLE BALANCED BUDGET AMENDMENT. MR. SPEAKER, HOW MUCH TIME? APPROXIMATELY FOUR MINUTES. THANK YOU. IN THE TIME I HAVE LEFT, LET ME JUST SAY, WE’VE GOTTEN SO MANY CALLS, EMAILS, LETTERS, ENCOURAGEMENT AND SO MANY OF THEM SAY, WE’RE PRAYING FOR YOU IN WASHINGTON, THAT YOU’LL COULD THE RIGHT THING. — THAT YOU’LL DO THE RIGHT THING. SOME OF EN– SOME OF US HAPPEN TO BELIEVE, I DON’T TRY TO PUSH MY RELIGIOUS BELIEFS ON OTHERS, BUT SOME OF US HAPPEN TO BELIEVE THAT AS WE’RE TOLD IN THE OLD TESTAMENT THAT THE WORD IS THE SOURCE OF ALL WISDOM. THERE’S NO WISDOM OUTSIDE OF THAT. BEN FRANKLIN APPARENTLY BELIEVED THAT AS HE SAID IN 1787. THE LONGER I LIVE THE MORE CONVINCING PROOFS I SEE OF THIS TRUTH. GOD GOVERNS IN THE AFFAIRS OF MEN. WELL, PETER MARSHALL WAS SENATE CHAPLAIN BACK IN THE 1940’S AND A CONSTITUENT GAVE ME THIS BOOK
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PRAY THERE HAD ON THE SENATE WITH MANY OF THE PRAYERS THAT HE FLOOR AND I WANT TO FINISH, MR. SPEAKER, WITH A PRAYER PRAYED BY PETER MARSHALL, U.S. CHAPLAIN FOR THE UNITED STATES SENATE IN THE 1940’S AND ON THE SENATE FLOOR, AS THE SENATORS ARE DOWN THERE, IT MAKES A WONDERFUL PRAYER. PETER MARSHALL PRAYED, WE PRAY TO THEE, O CHRIST, TO KEEP US UNDER THE SPELL OF IMMORTALITY. MAY WHICH NEN AGAIN THINK AN ACT AS IF THOU WERE DEAD. LET US COME TO KNOW THEE AS A LIVING LORD THAT BECAUSE I LIVEN YOU SHALL LIVE ALSO. HELP US TO REMEMBER THAT WE ARE PRAYING COT CONQUERER OF DEATH, THAT WE MAY NO LONGER BE AFRAID NOR BE DISMAID BY THE WORLD’S PROBLEMS AND THREATS SINCE THOU HAS OVERCOME THE WORLD. IN THY STRONG NAME WE LIVE FOR THY LIVING PRESENCE AND THY
895
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AMEN. NOTORIOUS POWER. PETER MARSHALL, 1940’S. U.S. SENATE FLOOR. MR. SPEAKER, MAY THAT BE OUR PRAYER ALSO. I YIELD BACK. DOES THE GENTLEMAN HAVE A MOTION? MR. SPEAKER, I MOVE THAT WE DO NOW HEREBY ADJOURN. THE QUESTION IS ON THE MOTION TO
908
00:39:24,000 –>00:39:23,999
ADJOURN. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. THE AYES HAVE IT. THE MOTION IS ADOPTED.


Reader Comments

  1. people better get some overtime done at work cus they aint gonna have a job come 3rd august when the cuts or should i say' AXE WOUNDS' take effect. BUY SILVER!

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