[Congressional Record (Bound Edition), Volume 157 (2011), Part 13]
[House]
[Pages 18560-18561]
[From the U.S. Government Publishing Office, www.gpo.gov]




                           ECONOMIC RECOVERY

  (Mr. KINGSTON asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. KINGSTON. Mr. Speaker, I think there are four things the United 
States of America needs to do to turn the economy around.
  Number one, we need to balance the budget. We can do this on a 
bipartisan basis just by reducing the duplications in government and 
the overlap between State functions and Federal functions; also getting 
through the waste, and then trimming off 1 percent over time

[[Page 18561]]

to bring revenues and spending at the same level. Right now spending is 
at 23 percent. Revenues historically have been at 18 percent. Common 
sense says you need to balance those out.
  Number two, we need to get rid of the regulatory overload on 
businesses that are creating the jobs right now. Change regulations 
from an ``I gotcha'' mentality to one that ``we're here to help because 
we're in it together,'' for worker safety, environmental protection or 
whatever. We can do a lot just by changing the attitude of the 
regulators.
  Number three, we need tax reform, tax simplification so that taxes 
are fair. The Tax Code needs to be a half an inch deep and miles and 
miles wide so that everyone is participating. Let's get rid of the 
underbrush, all the loopholes.
  Number four, and finally we need to drill our own oil. We cannot keep 
importing 65 percent of our oil. We need to have an all-of-the-above 
energy policy.

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