[Congressional Record Volume 157, Number 197 (Tuesday, December 20, 2011)]
[House]
[Page H9999]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                             FUNDING EUROPE

  (Mr. BURTON of Indiana asked and was given permission to address the 
House for 1 minute and to revise and extend his remarks.)
  Mr. BURTON of Indiana. Mr. Speaker, while we talk about the issues of 
the day, one of the things that has been missing over the past several 
months in the discussions on the floor is the amount of treasure from 
the American taxpayer that's going to Europe. We have through the Fed 
been sending hundreds of billions and trillions of dollars in loans to 
Europe.
  In addition to that, we're sending money through the International 
Monetary Fund, in which we put 18 percent. We're sending hundreds of 
billions of dollars to Europe.
  We've got a lot of problems here at home, and we shouldn't be risking 
American taxpayers' money by sending it to bail out countries in Europe 
that very well might go belly-up and if they do go belly-up, that's 
going to come back to haunt us in America; and the value of our 
currency will be depreciated, and we'll have very high inflation. We 
need to take care of the United States and not worry about Europe right 
now.

                          ____________________