[Congressional Record Volume 154, Number 10 (Wednesday, January 23, 2008)]
[House]
[Page H394]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       ECONOMIC STIMULUS PACKAGE

  (Mr. STEARNS asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. STEARNS. As Congress contemplates an economic stimulus package to 
aid our slowing economy, we also must commit ourselves to reduce 
Federal spending.
  As American families tighten their budgets to weather this impending 
economic storm, Congress should match their sacrifice. While reducing 
taxes is important, another aspect is to control the Federal deficits, 
the Federal spending. A decrease in wasteful spending would directly 
increase the value of the dollar and ultimately lower deficits.
  The American people and businesses are better at deciding what to do 
with their money than the Federal Government. With more money in their 
hands, an increase in investment in our economy and in increase in 
personal savings would take hold and ultimately lead to a stronger and 
growing economy.
  As we in Congress consider this one-time stimulus package over the 
next few weeks, I contend that a long-term solution to this problem is 
to lower spending, which will in turn lead to lower taxes and a 
permanent economic bounce and revitalization.

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