[Congressional Record Volume 156, Number 107 (Tuesday, July 20, 2010)]
[House]
[Page H5733]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
QUIT BANKRUPTING AMERICA AND PAY FOR UNEMPLOYMENT INSURANCE
(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, under this administration and this
Congress, we have now seen the largest deficits in history, the largest
national debt in history, the failed stimulus plan, the health care
takeover, cap and energy tax, a permanent Wall Street bailout, all of
which has led to the loss of millions of jobs, near double-digit
unemployment, the highest in a generation. So, unfortunately, under
their policy, yes, we do need another extension of unemployment.
But here's the difference. The Democrats want to borrow 43 cents on
the dollar, mainly from the Chinese, and send the bill to our children
and grandchildren. That's unacceptable.
Republicans say pay for it. And almost every week we come to the
floor under the YouCut program and offer spending reductions to do just
that.
The second difference is, Democrats actually believe more
unemployment leads to more employment. The Speaker of the House has
said, unemployment checks create jobs faster than almost any other
initiative you can name.
Mr. Speaker, give me a break. Republicans know that Americans want
paychecks, not more unemployment checks. Quit bankrupting America and
pay for this unemployment insurance.
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