[Congressional Record Volume 156, Number 60 (Tuesday, April 27, 2010)]
[House]
[Page H2883]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
CREDIBILITY GAP
(Mr. BOEHNER asked and was given permission to address the House for
1 minute.)
Mr. BOEHNER. Mr. Speaker, we are seeing a growing credibility gap
here in Washington. Democrats are saying one thing and doing something
else. It started with the trillion dollar stimulus plan that was rushed
through with promises that it would create jobs immediately and keep
unemployment below 8 percent. Today unemployment is near 10 percent,
and Americans are still asking, ``Where are the jobs?'' Americans were
also promised a war on deficits, but all that's happened is we have
piled more debt on the backs of our kids and grandkids.
Then we have the trillion dollar government takeover of health care
that was forced through with promises that it would lower costs. But it
turns out the new law will actually increase costs for taxpayers and
patients. This comes from an analysis by the Obama administration's
Centers for Medicare and Medicaid Services. CMS determined that the new
law will increase what the Nation spends on health care over the next
10 years by $311 billion. The President claimed that this government
takeover of health care was the single most important thing that we can
do to address our deficits. But now it turns out it is just going to
make matters worse.
Just think about that credibility gap when you see the majority
insist on rushing through a job-killing regulatory bill with promises
that it will end Wall Street bailouts. The bill doesn't end Wall Street
bailouts; it makes them permanent and institutionalizes ``too big to
fail.'' This bill doesn't get the government out of the private sector;
it creates a Politburo-style council of regulators who can seize any
business and do almost anything they want to do with it. And the bill
doesn't address the real reasons for the financial meltdown. It gives a
free ride to Fannie Mae and Freddie Mac, the government mortgage
companies that started this crisis.
Americans were promised a new Washington. Instead, it's just more of
the same: more spending, more government, and more empty promises. I
think it's time we start listening to the American people. Let's work
together on commonsense solutions to end the bailouts, reform Fannie
Mae and Freddie Mac, and hold Wall Street accountable. Let's work
together to repeal this government takeover of health care and replace
it with commonsense reforms that will lower the cost of health care.
Let's work to ban earmarks and stop out-of-control spending. And most
importantly, let's work on commonsense solutions that will help small
businesses create the kind of jobs that Americans are looking for.
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