[Congressional Record Volume 156, Number 166 (Wednesday, December 15, 2010)]
[House]
[Pages H8356-H8357]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                      YES, THERE IS A SANTA CLAUS

  (Mr. DeFAZIO asked and was given permission to address the House for 
1 minute.)
  Mr. DeFAZIO. Madam Speaker, today, the Senate with one vote will

[[Page H8357]]

increase this fiscal year's deficit by $430 billion under the pretense 
that it will get our economy back on track and create millions of 
jobs--and yes, there is a Santa Claus. Thank you very much.
  Over 2 years, $858 billion in total has been financed with money 
borrowed, in good part, from China to pay for an extension of the 
stimulus tax cuts with a new twist--the money will be stolen from the 
Social Security Trust Fund and a large dose of Bush era trickle-down 
tax cuts, with new breaks for States over $10 million.
  Last week, the Democratic Caucus spoke almost unanimously against 
this--and this week, under pressure from the White House and the 
Republican leader of the Senate, it appears our leadership is 
attempting to avoid our wishes and bring this bill forward without 
major changes. It will be a disaster for the American people. It is a 
bad deal for taxpayers, people who are unemployed and our kids and 
grandkids.

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