[Congressional Record Volume 155, Number 28 (Wednesday, February 11, 2009)]
[House]
[Pages H1163-H1164]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE SKY IS FALLING
(Mr. POE of Texas asked and was given permission to address the House
for 1 minute.)
Mr. POE of Texas. Mr. Speaker, the sky is falling, the sky is
falling, but never fear, the Federal Government is here. But in another
failed attempt to save the day, the administration announced they would
use the full force of the government to spend our way out of this
crisis. Congress hasn't even passed the $835 billion stimulus package
and the Treasury Department announces $2 trillion more for the bailout
for the fat cats on Wall Street. With that new emerging threat on the
horizon, the stock markets tanked.
Government is not the answer. They are the problem. These ideas do
little to address the economic situation. It is just more scare tactics
and government-savior rhetoric. Reagan once said that the most feared
words in the American language are, ``We are here from the Federal
Government, and we are here to help you.''
The Federal Government can't spend money it doesn't have. This will
be debt that Americans yet to be born will
[[Page H1164]]
have to pay off. The Congressional Budget Office said all of this
spending will have a negative effect on the economy. Let Americans keep
more of their own money, tax cuts for all those that pay and report
their taxes. Wasteful government spending is not the answer. It is the
problem.
And that's just the way it is.
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