[Congressional Record Volume 170, Number 48 (Tuesday, March 19, 2024)]
[House]
[Page H1193]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                           A THWARTED FLEECE

  (Ms. FOXX asked and was given permission to address the House for 1 
minute.)
  Ms. FOXX. Madam Speaker, a Biden agency called PBGC wanted to fleece 
the taxpayer of $127 million by funding pensions for dead participants.
  Let me repeat: $127 million for dead pension participants.
  Only after repeated calls by the Committee on Education and the 
Workforce for PBGC to correct its work has it decided to claw back 
those funds. Thanks to the tireless work of the committee, PBGC is 
being held accountable.
  Accountability and fiscal responsibility were once shared, bipartisan 
values.
  A former Republican Senator has been famously quoted as saying: ``A 
billion here, a billion there, and pretty soon you are talking real 
money.''
  This Senator's colleague, William Proxmire, notoriously presented the 
Golden Fleece Award to the government organization that had fleeced the 
American taxpayer the worst on any given week.
  The American people are tired of being fleeced. President Biden has 
already misspent billions in fraudulent COVID payments. I say not a 
dollar more.

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