Video archive of the US Congress

House Proceeding on Feb 25th, 2009 :: 0:15:15 to 0:16:30
Total video length: 52 minutes Stream Tools: Stream Overview | Edit Time

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Frank Jr.Pallone

0:15:13 to 0:15:33( Edit History Discussion )

Frank Jr.Pallone: shame on us. and i yield back. . the speaker pro tempore: for what purpose does the gentleman from new jerse mr. pallone: t address the house for one minute. thank you. when i listened to some of my comments from my colleagues on the republican side i'm surprised by the remarks they make about tax increases. if you look at the economic recovery package, it actually

Frank Jr.Pallone

0:15:15 to 0:16:30( Edit History Discussion )
Speech By: Frank Jr.Pallone

Frank Jr.Pallone

0:15:34 to 0:15:54( Edit History Discussion )

Frank Jr.Pallone: has one of the in this nation's history. for most people unless they are $200,000 or above for a couple, they will actually be seeing a tax decrease or tax cut as a result of the economic recovery package. the president is being very honest about the budget.

Frank Jr.Pallone

0:15:55 to 0:16:15( Edit History Discussion )

Frank Jr.Pallone: if you listened to him for the first time now, if you compare it to the previous administration, the budget is going to increase the actual co of the iraq war. the actual costs of medicare reimbursements. a loft those things were previously -- lot of those things were previously hidden. in addition most importantly talked about the need for deficit reduction.

Frank Jr.Pallone

0:16:16 to 0:16:31( Edit History Discussion )

Frank Jr.Pallone: yes, we are spending money, as part of the economic recovery package. we are giving tax cuts. and that does increase the deficit. but over the long term, over the four years the goal is to cut the deficit in half. it's a very responsible message

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