[Congressional Record Volume 154, Number 51 (Wednesday, April 2, 2008)]
[House]
[Page H1894]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
ALL ACROSS WISCONSIN, PEOPLE ARE DEMANDING LOWER GAS PRICES AND
AFFORDABLE HEALTH CARE--NOT MORE DEBT
(Mr. KAGEN asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. KAGEN. Mr. Speaker, all across America and Wisconsin, people are
demanding lower gas prices and affordable health care, not more debt.
In recent weeks, our Nation has experienced a dramatic decline in
home values. And when our home values decline and disappear, so does
the tax revenue in every town, in every county, in every State of the
Union.
Our very way of life is now at risk due to this administration's
continued economic policy of borrow and spend, and last weekend the
administration forced us to swallow a minnow with worms by
nationalizing the debt of financial institutions, guaranteeing their
debts will be paid by American taxpayers. Whose side are they on?
Taxpayers invested in their own homes, not in insider Wall Street
deals.
This administration is in bed with big banks, big insurance, and Big
Oil, and businesses who are shipping our jobs overseas. If this
administration was on the side of taxpayers, what would they do? They
would cut the price of gasoline. Wisconsin wants lower gas prices, not
more debt.
____________________