House Proceeding 03-16-10 on Mar 16th, 2010 :: 14:41:35 to 14:44:50
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14:41:23 to 14:41:45( Edit History Discussion )

Harold Rogers: banks are a way to make sure that businesses get access to capital they needo grow and expand. >> thank you, mr. chairman >> everyone will appreciate ways

14:41:35 to 14:44:50( Edit History Discussion )
Speech By: Harold Rogers

14:41:46 to 14:42:06( Edit History Discussion )

Harold Rogers: to borrow money more cheaply. a quarterly report suggested that the u.s. significant improvemes to avoid downgrading its credit status. preserving debt affordability will require fiscal adjustments

14:42:07 to 14:42:28( Edit History Discussion )

Harold Rogers: of a cases will test social cohesion. pretty strong. what do you think? >> i agr with all of you who say today, say in the past and future, that our deficits are unsustainable. and it is very important that the american people understand that if you care about long term

14:42:29 to 14:42:49( Edit History Discussion )

Harold Rogers: growth, care about opportunity, futurerowth and income, how strong our economy is, we need to make sure that we are working together to bring the deficits down. it is important not just for the long run but it's important now. our capacity to make sure we are re-enforcing this expansion in helping small businesses, tho

14:42:50 to 14:43:10( Edit History Discussion )

Harold Rogers: things only work if they are produces confidence. so all of you who emphasize this problem are right to emphasize it. you are absolutely right but those are not in conflict today. if you care about our long term fiscal position, you have to care a lot about getting this

14:43:11 to 14:43:31( Edit History Discussion )

Harold Rogers: economy back on track. make sure we are growing again. if we don't achieve that, then our long term fiscal problems will be much more difficult. >> the key to determining a credit rating is the percentage of debt to revenue. agreed? >> i would say it this way, congressman.

14:43:32 to 14:43:54( Edit History Discussion )

Harold Rogers: what people look at our country, credit rating agencies, investors, americans, is whether we have the political will to restore gravity to our fiscal position. >> you propose a record $1.6 trillion in deficit spending. >> no, what the deficit does,

14:43:55 to 14:44:15( Edit History Discussion )

Harold Rogers: prose to bring down a deficit at exceptionally start with dramatically over the

14:44:16 to 14:44:36( Edit History Discussion )

Harold Rogers: next four to five if congress would act on the changes you would bring about a dramatic improvement. we still i went to underscore what he can prevent it is both sides of the bio -- deficits matter

14:44:37 to 14:44:51( Edit History Discussion )

Harold Rogers: tax cuts are not free. we have to pay for the things the two. we have to recognize it. if we abuse our credit rating,