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Video archive of the US Congress

House Proceeding 01-26-09 on Jan 27th, 2009 :: 0:22:50 to 0:25:20
Total video length: 50 minutes Stream Tools: Stream Overview | Edit Time

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Dan Burton

0:22:50 to 0:23:12( Edit History Discussion )

Dan Burton: president biden, said, that obama's choice for treasury secretary, t will soon recommend to president obama whether more money is need beyond the 00 billion already allocated to american banks. the 00 billion, 50 billion of whiche couldn't know -- don't know anything about. it may have been wasted.

Dan Burton

0:22:50 to 0:25:20( Edit History Discussion )
Speech By: Dan Burton

Dan Burton

0:23:13 to 0:23:33( Edit History Discussion )

Dan Burton: and there's anoer ./house_proceeding_01-26-09_02.insert billion in the tank president obama's going to and now the -- vice president biden is saying they may need more than the 00 billion. we hear the president talking about a down payment on the money that's going to be spent, 35 billion. lord only knows how much is going to be added to that. then vice president biden says

Dan Burton

0:23:34 to 0:23:55( Edit History Discussion )

Dan Burton: that mr. geithner might want more than the 00 billion that's been used for bailing out the banks and wall street. then of course on "meet the press" sunday, lawrence summers a. top economic advisor to president obama said, the government can afford to spend more than trillion to boost

Dan Burton

0:23:56 to 0:24:16( Edit History Discussion )

Dan Burton: the economy and save financial institutions. i would like to say to my friends who might be paying attention, it's not the government spending that money, it's the taxpayers that are spending that money. we are spending this country right down into a dark, black hole from which we may never get out. it's tragic we are throwing money at this when we should be cutting taxes across the board

Dan Burton

0:24:17 to 0:24:38( Edit History Discussion )

Dan Burton: to give americanand business more disposable income so they can get thi economy moving again in the right direction through the free enterprise system. president barack obama signed his first two memorandum aimed at getting us on the path to energy independence, he said that's a down payment on a broad, broader and sustained

Dan Burton

0:24:39 to 0:24:59( Edit History Discussion )

Dan Burton: effort to reduce our dependence on foreign oil. everything is a down payment. which mean spend trillions more, billions and trillions more of money that they don't have that's going to have to be printed or we are going to have to borrow from someplace like china. we are putting this country into an economic black hole, as i

Dan Burton

0:25:00 to 0:25:21( Edit History Discussion )

Dan Burton: said before, that we shouldn't be doing right now. what we should be doing is stimulating the economy the right way by giving the american people part of their hard-earned money back and creating an incentive for business to invest in this country like cutting the capital gains tax at least for a year or two. if we did that, we would have true economic recovery that will last and not somethinghat's just going to last until we

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