Video archive of the US Congress

House Proceeding on Feb 4th, 2010 :: 2:10:30 to 2:12:45
Total video length: 5 hours 24 minutes Stream Tools: Stream Overview | Edit Time

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Chet Edwards

2:10:26 to 2:10:46( Edit History Discussion )

Chet Edwards: going to vilify us once again? and my colleagues wonder where are the jobs? the speaker pro tempore: the gentleman's time has expired. mr. hensarling: you cannot borrow and spend and bail out your w to prosperity. i time. the speaker pro tempore: the gentleman from massachusetts is recognized. mr. mcgorn: i yield three minutes to mr. edwards. the speaker pro tempore: the gentleman from texas is recognized for three minutes. mr. edwards: madam speaker,

Chet Edwards

2:10:30 to 2:12:45( Edit History Discussion )
Speech By: Chet Edwards

Chet Edwards

2:10:47 to 2:11:07( Edit History Discussion )

Chet Edwards: getting sailing lessons from the captains of the economic titanic may be interesting but not very helpful. let's get serious. allowing e u.s. treasury to default on our nation's debt for the first time in history is not a responsible option. it would devastate our economy, our stock market and our children's future.

Chet Edwards

2:11:08 to 2:11:30( Edit History Discussion )

Chet Edwards: republicans know it and democrats know it. we all know it. the responsible action is to start taking control of our deficits today and we can do that by passing the pay as you go law. pay as you go is a principle that citizens understand and live by every day. it's a principle that helped congress in the late 1990's tune

Chet Edwards

2:11:31 to 2:11:52( Edit History Discussion )

Chet Edwards: the largest deficits in history created by some of those just spoken into the rgest surpluses in american history. unfortunately the republican house leadership killed the house pay as you go rule that had worked so well, they killed it in 2002. and what haened? the largest surpluses in history turned into the largest deficits in american history. the republican-led congress passed massive unpaid for tax

Chet Edwards

2:11:53 to 2:12:15( Edit History Discussion )

Chet Edwards: cuts and the largest expansion of medicare without paying for a dime of that. those two actions ane added $6 trillion to to our national debt over a period of just one decade. $6 trillion. most of which was borrowed from the chinese and other foreign governments. it's time to put some discipline back into our federal budget processes and that is what pay

Chet Edwards

2:12:16 to 2:12:37( Edit History Discussion )

Chet Edwards: as you go is all about. i'm proud to have initiated the effort to make this law, this pay-go not a temporary law but a permanent law. had we done that in the 1990's we wouldn't be facing the terrible deficits that we hear decried today. pay as you go works for falies, pay as you go works for businesses and in the 1990's

Chet Edwards

2:12:38 to 2:12:46( Edit History Discussion )

Chet Edwards: it worked for the american people ithe federal budget and when we pass this into law it will work once again and help us

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