[Congressional Record Volume 155, Number 21 (Tuesday, February 3, 2009)]
[House]
[Page H878]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
A REPUBLICAN ALTERNATIVE
The SPEAKER pro tempore. The Chair recognizes the gentleman from
Indiana (Mr. Pence) for 5 minutes.
Mr. PENCE. Our Nation is in a recession, and millions of Americans
are hurting. Many have lost their jobs. Many more millions worry that
they will be next. It is absolutely right that our new President and
this Congress take decisive action to stimulate this economy. But the
legislation brought to the floor last week and the legislation being
considered on the Senate floor this week in the form of the Democrat
stimulus bill is not the answer.
Last week, House Republicans unanimously rejected the so-called
stimulus bill that was brought to the floor by Democratic leadership,
and we urge our Senate colleagues to do likewise. House Republicans
unanimously opposed the Democrat spending bill for a variety of
reasons. But, among them first, the bill that Democrats brought to the
House was not about stimulating this economy, but more about
stimulating government and debt.
It included wasteful government spending that has nothing to do with
creating jobs. As I asked on this floor last week, what does $50
million to the National Endowment for the Arts have to do with creating
jobs in Indiana? What is $400 million for climate change research going
to do to move people from the unemployment line to the factory line?
In legislation before the Senate this week, $20 million for the
removal of small- to medium-sized fish passage barriers; or $25 million
to rehabilitate off-roading trails for ATVs is not going to put this
economy back on track. And it was exactly that kind of wasteful
government spending that resulted in unanimous Republican opposition
last week.
Well, the average American is starting to catch on. We are starting
to see support for this so-called stimulus bill eroding around the
country. And leading economists are catching on as well. As the
Republican leader just said moments ago, we opposed this bill
unanimously, not just for what was in it, but for what wasn't in it.
The Republicans have what we believe to be and what history proves is
a better solution to get this economy moving again. Republicans
proposed a broad range of fast-acting tax relief proposals that would
bring immediate relief to working families and small businesses, giving
the American people and American families more of their hard-earned
dollars to get this economy moving again.
The bill that House Democrats brought to the floor last week was not
then about stimulating the economy. Under the guise of stimulus, House
Democrats brought a partisan bill to the floor. It was really more of a
wish list of longstanding liberal priorities that have little to do
with putting our economy back on its feet.
Now, having originally promised that a stimulus bill would be
temporary and targeted, House Democrats brought to the floor this week,
and the Senate is considering now, legislation that is more about, as
the Speaker said, and I quote her with great respect, ``taking America
in a new direction.''
Well, respectfully, Madam Speaker, I thought what we were doing was
trying to pass a temporary stimulus bill that would create jobs, not
reorder all the priorities of the Federal Government along liberal
Democratic lines.
The truth be told, not only are the American people catching on about
this bill, but many leading economists are. Some 300 economists
recently published a full-page newspaper advertisement opposing this
bill. Conservative economist Martin Feldstein, who last year declared
his support for a fiscal stimulus bill, came out late last week
describing the legislation that came before the House as ``an $800
billion mistake.''
Feldstein wrote, I believe in the Washington Post, ``The problem with
the current stimulus bill is not that it is too big, but that it
delivers too little extra employment and income for such a large fiscal
deficit. It is worth taking the time to get it right.''
House Republicans, leading economists, and average Americans are
opposing this so-called stimulus bill for one reason, and one reason
only. It won't work. And it's a disservice to taxpayers.
More big government spending on a liberal wish list of programs won't
cure what ails the American economy. And House Republicans do have a
better solution--fast-acting tax relief for working families and small
businesses. And, according to analysis and economic models used by
President Obama's own economic advisors, when those models are applied
to our plan, the results are clear--not the 2 million to 3 million jobs
that the Democrat plan boasts that it will create in the next several
years. Rather, 6 million jobs would be created under the Republican
proposal, at half the cost. Twice the number of jobs at half the cost.
Better solutions. Let's put politics aside and do what is best for
the American people.
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