[Congressional Record Volume 155, Number 110 (Tuesday, July 21, 2009)]
[House]
[Page H8433]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                          THE REPUBLICAN PLAN

  (Mr. HENSARLING asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. HENSARLING. Mr. Speaker, it's time to admit the failure of 
Obamanomics. Where are the jobs? Since we enacted the President's 
economic program, 2 million more are unemployed in this land--9.6 
percent unemployment, the highest in a quarter of a century.
  So what do we have to show for Obamanomics? $143 billion more dollars 
of taxpayer bailout money. The first trillion-dollar deficit in our 
Nation's history. We had the national debt to be increased, tripled--
triple--in the next 10 years.
  We have found the historic debt, we have found the historic deficits, 
we have found the historic bailouts, Mr. Speaker. But where are the 
jobs?
  You cannot bail out, borrow, and spend your way into prosperity. It 
does not work. It is time to put America back to work with tax relief 
for small businesses and American families. That's the Republican plan.

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