Video archive of the US Congress

House Proceeding 01-28-09 on Jan 28th, 2009 :: 0:45:30 to 0:46:40
Total video length: 1 hours 14 minutes Stream Tools: Stream Overview | Edit Time

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Lee Terry

0:45:28 to 0:45:48( Edit History Discussion )

Lee Terry: growth-oriented tax cuts to spending those growth-or yenlted tax cuts can provide the immediate jumpstart that is necessary for the economy and that's why i think we should come together in support of our package with that i'm happy to yield a minute to our very good friend from nebraska, mr. terry. the speaker pro tempore: the gentleman from is recognized for one minute.

Lee Terry

0:45:30 to 0:46:40( Edit History Discussion )
Speech By: Lee Terry

Lee Terry

0:45:49 to 0:46:10( Edit History Discussion )

Lee Terry: ter ter i rise today to -- mr. -- mr. terry: i rise today to voice my objection to this massive spending bill. and that is being sold as the only way to jumpstart the american economy. portions of this bill may lead to financial relief for some businesses but most of the new spending will simply increase the size of the federal

Lee Terry

0:46:11 to 0:46:31( Edit History Discussion )

Lee Terry: government, creating a new baseline which is not sustainable. now, that concerns me greatly because this trillion goes to the national debt. which is, to me, a drag on the economy now. economists tell us and i believe them that this will

Lee Terry

0:46:32 to 0:46:41( Edit History Discussion )

Lee Terry: cause an increase in the inflation rate, create interest rates over the next several years.

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