[Congressional Record (Bound Edition), Volume 155 (2009), Part 1]
[House]
[Page 831]
[From the U.S. Government Publishing Office, www.gpo.gov]




                           REJECT THE BAILOUT

  (Mr. PAULSEN asked and was given permission to address the House for 
1 minute.)
  Mr. PAULSEN. Mr. Speaker, the definition of ``insanity'' is doing the 
same thing over and over again and expecting different results.
  Three months ago, Congress rushed to spend $350 billion of taxpayer 
dollars without adequate hearings and deliberation. The result was a 
lack of transparency and accountability, a disappointment in how the 
massive funds were spent and a bloated Federal budget deficit. But here 
we go again. This Congress is now proposing to do the exact same thing.
  Another $350 billion bailout is not the answer my constituents are 
looking for. The people in my district in Minnesota are struggling to 
make ends meet, and they're worried about the future. We must take 
concrete steps to jump-start our economy and put people back to work. 
It's time to stop exposing taxpayers to any more undue risk. It's time 
to stop saddling them with unnecessary debt.
  Mr. Speaker, Congress should reject another $350 billion bailout, and 
instead, it should focus on preserving, protecting and creating jobs to 
get our economy going again.

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