[Congressional Record (Bound Edition), Volume 155 (2009), Part 11]
[House]
[Pages 14356-14357]
[From the U.S. Government Publishing Office, www.gpo.gov]




                YES, MR. PRESIDENT, WE ARE OUT OF MONEY

  (Mr. FLEMING asked and was given permission to address the House for 
1 minute.)
  Mr. FLEMING. Mr. Speaker, in a recent interview with C-SPAN, the 
President made the very telling statement, ``We are out of money.''
  Yes, Mr. President, as of April 27, this country ran out of money. 
And yet that has not stopped the liberals in this Congress from passing 
record-setting spending bills. These bills were sold to the American 
public as necessary to stimulate the economy.
  Unemployment insurance claims reached a record high for the 17th 
consecutive week and unemployment has reached 9.4 percent, which he 
promised would not happen upon signing this infamous stimulus bill. The 
$1 trillion spending that was supposed to stem the economic recession 
was nothing more than the fulfillment of a very liberal political 
agenda.

[[Page 14357]]

  Reckless spending, a total disregard for fiscal accountability, and 
rocketing us into another inflation-debt spiral is not the solution. 
Now, even Socialist and Communist countries across the world are 
rebuking us for excessive spending and government takeover of the 
economy.
  Bigger government is never the answer to America's biggest 
challenges. American individualism, innovation, and ingenuity will, 
even after 200 years, remain the only way to economic prosperity.

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