House Proceeding 04-02-09 on Apr 2nd, 2009 :: 0:36:35 to 0:39:00
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0:36:31 to 0:36:51( Edit History Discussion )

Jeff Flake: future development of america. i support it strongly. i urge its adoption. and yield back. back the balance of his time. the gentleman from florida. mr. diaz-balart: thank you, madam chair. i would like to yield two minutes to the distinguished the gentle fortenberry. the chair: the gentleman is

0:36:35 to 0:39:00( Edit History Discussion )
Speech By: Jeff Flake

0:36:52 to 0:37:12( Edit History Discussion )

Jeff Flake: recognized for two minutes. mr. fortenberry: i thank the gentleman from florida for the time. the american people deserve order in a fiscal house of government. america deserves a responsible, fair, creative and smart federal government that protects our most vulnerable, strengthens opportunity and protects our country. our constituents deserve for us

0:37:13 to 0:37:33( Edit History Discussion )

Jeff Flake: to say together, yes, to fiscal stability, yes to a balanced budget, yes to small business and entrepreneurs and yes to creating opportunities to help families get ahead in life. but they also need us to say no, no to the concept that there is free money, free money for the government to give, to spend and to bail out with. the only thing free here is that

0:37:34 to 0:37:54( Edit History Discussion )

Jeff Flake: the government is acting free from restraint and free from responsibility. let's put today's debate into context. six months ago, congress pased a bailout for wall street, forcing america to buy bad corporate assets. weeks ago, an omnibus bill increased spending by 10%.

0:37:55 to 0:38:17( Edit History Discussion )

Jeff Flake: a stimulus bill added another $800 billion not to mention between the federal reserve, department of treasury and fdic there is another $10 trillion of taxpayer dollars on the line right now. today, another budget add another layer of spending. it is reshaping the nature of the relationship between this government and our people.

0:38:18 to 0:38:38( Edit History Discussion )

Jeff Flake: the result, massive federal debt. $2 trillion alone. larger than the entire federal budget was before the year 2000. this debt is a tax passed on to our children, or it is a sell of the nation's assets we owe china $1 trillion.

0:38:39 to 0:39:01( Edit History Discussion )

Jeff Flake: or it potentially creates inflationary pressures. that's a particularly regressive form of taxation for the poorest and vulnerable among us. madam speaker, we all know what we must do and we know it will be hard, no denying that. we must prioritize, we must choose, we must be creative, we must be like a family that has to tighten its belt and steady