House Proceeding on Feb 4th, 2010 :: 4:34:00 to 4:36:30
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4:33:00 to 4:34:00( Edit History Discussion )
Speech By: Leonard Lance

4:33:40 to 4:34:01( Edit History Discussion )

Leonard Lance: three years. in fiscayear twetch, the federal government spent approximately 2.7 trillion. in 2009, $3.5 trillion, and last week we were sent a new budget prosal by the president that would even break that record. we must take concrete action to get spending under control and get our economy moving again. i fear that in unless we take

4:34:02 to 4:34:22( Edit History Discussion )

Baron Hill: such action, the government's bond rating will be reduced, an event that could have catastrophic results for our markets. i yield back the balance of my time. the speaker pro tempore: the gentlemafrom florida is recognized. mr. boyd: madam speaker, it's my privilege to yield one minute to the gentleman from indiana, a real leader on this issue for years, all these years in congress, mr. hill. the speaker pro tempore: the

4:34:05 to 4:35:20( Edit History Discussion )
Speech By: Baron Hill

4:34:23 to 4:34:43( Edit History Discussion )

Baron Hill: chair recognizes the gentleman from indiana. mr. hill: i thank my friend for yielding the time. madam speaker, i rise in strong support of this legislation. this is legislation that we blue dogs hae been fighting fomany, many years. and it's very satisfying that it's coming to fruition today. i'm not here to play the blame game. there is a lot of blame to go

4:34:44 to 4:35:05( Edit History Discussion )

Baron Hill: around about our nation's budget deficit. what we need is an instrument that gets us back on the pathway of fiscal responsibility. we know that pay-go works. it worked in the 1990's. and i should also say that it was a republican president who proposed it. president bush senior was the one that thought this was a good idea. president clinton thought it was a good idea.

4:35:06 to 4:35:20( Edit History Discussion )

Baron Hill: and resulted in budget surpluses. we have problems with our nation's budget deficit. there is no question about that. that this is the instrument that gets us back on track to fiscal responsibility. and so i join my colleagues on this side of the aisle and would hope a few others on that side of the aisle that would

4:35:21 to 4:35:41( Edit History Discussion )

Mike Pence: get us back on that path. this is the right thing to do. after many years it's finally a reality. i yield back the balance of my time. the speaker pro tempore: the gentleman from michigan is recognized. mr. camp: at this time, madam speaker, i yield four minutes to the distinguished gentleman from indiana. the speaker pro tempore: the gentleman from indiana is recognized for four minutes. mr. pence: thank you, madam

4:35:25 to 4:39:40( Edit History Discussion )
Speech By: Mike Pence

4:35:42 to 4:36:02( Edit History Discussion )

Mike Pence: speaker, i ask unanimous consent to revise and extend my remarks. the speaker pro tempore: without objection, so ordered. mr. pence: time for a little bit of truth telling. the truth telling about our side is that back when we were in charge we didn't do so well on controlling run away federal spending.

4:36:03 to 4:36:23( Edit History Discussion )

Mike Pence: my colleagues who know we well know that i was many times found myself across -- at cross-purposes in fighting the president of my own party and some leadership in my own party on some of those big spending fights. but under the last administration we doubled the national debt. i want to stimulate to that. but frankly that's no excuse

4:36:24 to 4:36:45( Edit History Discussion )

Mike Pence: for what's happening today, madam speaker. over the last three years the democrat majority has literally broken the ceiling on fiscal responsibility and as i just admitted that ceiling was pretty high. since democrats took control of congress in january, 2007, the national debt has increased by $3.96 trillion, a 42% increase in three years.