[Congressional Record Volume 157, Number 109 (Wednesday, July 20, 2011)]
[House]
[Page H5249]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
DEFAULT WOULD DESTROY AMERICAN JOBS
(Mr. DOYLE asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. DOYLE. Mr. Speaker, Republicans want deep spending cuts with no
new revenues as the price of raising the debt limit. Some Republicans
have downplayed the impact that defaulting on the national debt would
have on our economy and our people, and most Republicans have
downplayed the impact on average Americans of the budget cuts they're
calling for. This doesn't come as a surprise, but what is surprising is
how out of touch they are with mainstream Americans.
Most Americans say their biggest concern isn't government spending;
it's jobs. But rather than pursue a real job-creation agenda, House
Republicans have passed legislation that would actually slow the
economy and kill American jobs. Their demand for even bigger spending
cuts in exchange for raising the debt ceiling is the latest and
greatest effort yet to kill middle class American jobs.
They say either we cut government spending deeper, or they're going
to force us into default, which every economist agrees causes a deeper
recession and throws hundreds of thousands of middle class Americans
out of work.
Mr. Speaker, it's time for House Republicans to get a grip and offer
an agenda that actually creates jobs.
____________________