[Congressional Record Volume 155, Number 21 (Tuesday, February 3, 2009)]
[House]
[Pages H880-H881]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
FISCAL CONSERVATIVES
(Mr. CULBERSON asked and was given permission to address the House
for 1 minute and to revise and extend his remarks.)
Mr. CULBERSON. Madam Speaker, fiscal conservatives may be outnumbered
today in the Congress of the United States, but we take our obligation
to lead very seriously. We understand, with common sense, that each one
of us as Americans are endowed
[[Page H881]]
with, that this spending spree the liberal majority has engaged in is a
lot like attempting to run up your MasterCard to pay off your mortgage.
All this money that's being spent so rapidly by this liberal majority
is coming out of our grandchildren and great-grandchildren's pockets.
It's all borrowed money.
The bond market has never seen this much money come on to be sold at
one time. There may be as much as the $3 trillion in debt sold over a
30-day period.
We fiscal conservatives have laid out a commonsense alternative of
immediate tax cuts. What better way to stimulate the economy and get
the job market growing again and to put money in people's pockets and
let them keep the money to begin with?
We support and have endorsed Congressman Louie Gohmert's idea of a 2-
month tax holiday. Rather than spend all this money, why don't we let
people keep it, not pay any income tax for a 2-month period, that they
can spend that money as they wish, invest it, save it. That's the way
to grow jobs in America right away.
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