[Congressional Record Volume 165, Number 40 (Wednesday, March 6, 2019)]
[Senate]
[Page S1671]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
The Green New Deal
Mr. GRASSLEY. Mr. President, yesterday, I came to the floor to speak
about the Green New Deal. I compared it to the New Deal of the 1930s.
I mentioned before that the New Deal of the 1930s is not something
that we ought to be emulating.
The National Recovery Administration of the 1930s was a key feature
of that New Deal. It was designed to eliminate competition, with
industry, government, and labor all working together.
The National Recovery Administration turned out hundreds of codes,
regulating every aspect of business. Small businesses struggled to
comply, job creation stalled, and prices stayed high.
When big business and big government get together to write
regulations, hard-working Americans suffer. You don't create jobs.
So I hope you will take a look at how complicated the Green New Deal
is, besides costing $93 trillion in the future.
I yield the floor.
I suggest the absence of a quorum.
The PRESIDING OFFICER. The clerk will call the roll.
The bill clerk proceeded to call the roll.
Mr. McCONNELL. I ask unanimous consent that the order for the quorum
call be rescinded.
The PRESIDING OFFICER. Without objection, it is so ordered.