House Proceeding 11-03-09 on Nov 3rd, 2009 :: 4:45:35 to 4:47:25
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4:45:31 to 4:45:55( Edit History Discussion )

Steve King: i'm not sure to the deficit but it is $1.2 trillion of new spending. he's it's not a dime, it's a whole lot more than that. mr. king: i would ask if the gentleman from michigan can understand speak so precisely, it could be $1.2 trillion, but

4:45:35 to 4:47:25( Edit History Discussion )
Speech By: Steve King

4:45:56 to 4:46:19( Edit History Discussion )

Steve King: not a dime. mr. ak: how many dimes do you have to stack up to -- $1.2 trillion? mr. hoekstra: don't ask him about dimes. mr. king: $1 trillion worth of corn is this, we raise about -- we raise about $10 billion worth of corn in iowa this year, we'll

4:46:20 to 4:46:40( Edit History Discussion )

Steve King: 100 years is $1 trillion -- 100 years, all the corn we can raise, is $1 trillion. the obama deficit, $9.7 trillion, that's all of the corn we can raise in 1,000 years. so you can look at it this way, the deficit created by this bill , the $1.2 trillion, would be

4:46:41 to 4:47:02( Edit History Discussion )

Steve King: about 120 years of all the corn that we could raise in iowa if we committed the entire -- today's market price is marked up just a little because they've gone down over the last few weeks. that's what $1.2 trillion is. we could pay this thing off in 120 years in iowa if we gave all the proceeds from our corn crop. so, to put it into that kind of magnitude, but the national debt, the obama deficit's 1,000

4:47:03 to 4:47:24( Edit History Discussion )

Steve King: years of all the corn we can raise in iowa and the overall national debt -- national deficit added to the obama deficit is over $20 trillion, that's all the corn we can raise from the time it cries until today -- of christ until today. we're looking at something that

4:47:25 to 4:47:25( Edit History Discussion )

Steve King: is unsustainable.