[Congressional Record Volume 155, Number 104 (Monday, July 13, 2009)]
[House]
[Pages H8012-H8013]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                  CONGRESSIONAL ``CREDIT CARD'' REFORM

  (Mr. ROE of Tennessee asked and was given permission to address the 
House for 1 minute.)
  Mr. ROE of Tennessee. Mr. Speaker, on Friday, the Democrats on the 
House Ways and Means Committee announced their intention to finance a 
Washington takeover of health care by raising taxes. For those of you 
keeping score, the Democrats' economic plan has been to spend billions 
of new dollars on programs that generated no economic activity in a 
stimulus package, increase regular appropriations spending at a rate 
that is sure to increase inflation, implement a national

[[Page H8013]]

energy tax, and now, create a tax on those the Democrats call wealthy 
but who you and I call job creators and entrepreneurs. While I'm no 
economist, I'm pretty certain that no one in their right minds would 
call this a ``pro-growth'' agenda.
  Remember earlier this year when Congress cracked down on abusive 
practices by credit card companies? Supporters argued this plan was 
needed because too many saw credit cards as a license to spend with 
little or no financial repercussions. Well, maybe we need a 
congressional ``credit card'' reform. While there are some in this 
Chamber who use the U.S. Treasury like a credit card with no limit, our 
children and grandchildren will be paying for this shortsightedness.
  Let's start by rejecting this trillion-plus-dollar fiasco being 
billed as health care ``reform.''

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