[Congressional Record Volume 155, Number 44 (Thursday, March 12, 2009)]
[House]
[Page H3341]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


                    SPEND, BORROW, AND TAX TOO MUCH

  (Mrs. BLACKBURN asked and was given permission to address the House 
for 1 minute and to revise and extend her remarks.)
  Mrs. BLACKBURN. Mr. Speaker, in the land of spend too much, borrow 
too much and tax too much, and in the age of the trillion-dollar 
deficits, the American taxpayers deserve to know where their hard-
earned money is being spent.
  After the $1.63 trillion spent in the stimulus and TARP bills, we 
need a system for transparency and accountability. That is why I have 
introduced the TARP and Stimulus Reporting and Waste Prevention Act. 
This bill requires complete disclosure of the TARP and stimulus 
spending, and it goes further than the President's ``Recovery.gov.'' It 
establishes a waste, fraud and abuse hotline that provides protection 
to all whistleblowers, including Federal employees.
  The bill will promote accountability policies for government agencies 
and companies that benefit from the bailout in the stimulus so that 
taxpayers know that their money is not going to big bonuses and lavish 
resorts.
  We owe it to the taxpayers to ensure that these funds are being used 
for designated purposes. It is their money, and they deserve to know.

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