[Congressional Record (Bound Edition), Volume 154 (2008), Part 1]
[House]
[Pages 341-342]
[From the U.S. Government Publishing Office, www.gpo.gov]




                              {time}  1015
WORKING IN A BIPARTISAN MANNER TO STAVE OFF IMPENDING ECONOMIC DOWNTURN

  (Mr. PENCE asked and was given permission to address the House for 1 
minute.)
  Mr. PENCE. Madam Speaker, one year into a liberal Democratic majority 
in Congress, the economy is struggling. The big government policies of 
the new majority are taking their toll. High gasoline prices, the 
subprime

[[Page 342]]

market crisis in housing and news that inflation is at a 17-year high 
all demand a bipartisan stimulus package in the next 30 days. Congress 
must act, and must act swiftly.
  But there will be choices to make. Democrats want an extension of 
unemployment insurance benefits and tax rebates. Republicans will 
accept rebates, but they also want incentives for businesses, while 
avoiding tax increases to offset the package.
  I submit that Congress must focus stimulus on the kind of economic 
stimulus that will create jobs and growth for small business and family 
farmers. The real antidote to the impending recession is more money in 
the hands of the wage earner and the wage payer. This is and always has 
been the pathway to prosperity in the American economy.
  I urge my colleagues to work in a bipartisan manner to stave off this 
impending economic downturn in the best interests of all of the 
American people.

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