[Congressional Record Volume 157, Number 29 (Tuesday, March 1, 2011)]
[House]
[Page H1404]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE TIME TO GOVERN IS NOW
(Mr. CONNOLLY of Virginia asked and was given permission to address
the House for 1 minute and to revise and extend his remarks.)
Mr. CONNOLLY of Virginia. Mr. Speaker, the time to govern is now. The
reckless continuing resolution that Republicans passed 2 weeks ago is
an abject failure of leadership. In the race for ever-increasing and
arbitrary cuts, they demonstrated on a party-line vote that they know
the cost of everything and the value of nothing.
Moody's Analytics said their approach would cost 700,000 jobs. The
Economic Policy Institute said it would cost 800,000 jobs. Goldman
Sachs said it would lower economic growth by 2 percent and increase
unemployment by 1 percent. Even the conservative Club for Growth called
it a mistake, stating, ``Cutting spending is important, but economic
growth is even more important.''
Mr. Speaker, I ask that all of us, Republicans and Democrats,
negotiate in good faith, in a bipartisan manner to pass a fiscally
responsible CR that reduces deficits without sacrificing economic
growth, that prioritizes investments in our economy that support
American competitiveness without costing jobs. Let's pass a continuing
resolution that strengthens the economy and creates jobs for all
Americans.
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