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House Proceeding on Apr 29th, 2009 :: 0:47:20 to 0:50:20
Total video length: 13 minutes Stream Tools: Stream Overview | Edit Time

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Allen Boyd

0:47:17 to 0:47:38( Edit History Discussion )

Allen Boyd: work with you in making sure that's the case. i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from south carolina. mr. spratt: madam speaker, i yield the gentleman from florida, mr. boyd, two minutes. the speaker pro tempore: t gentleman from florida is recognized tore two minutes. mr. boyd: t speaker. i ask unanimous consent to revise and extend my remarks. the speaker pro tempore: without objection. mr. boyd: thank you, madam speaker, mr. chairman, chairman spratt.

Allen Boyd

0:47:20 to 0:50:20( Edit History Discussion )
Speech By: Allen Boyd

Allen Boyd

0:47:39 to 0:48:00( Edit History Discussion )

Allen Boyd: i appreciate your work on getting this us to this point. ladies and gentlemen, you hear from the other side of the aisle a criticism of this budget. i want to review -- i assume that means that they believe we should go back to the policies that were followed in the last eight years. and i want to review where those

Allen Boyd

0:48:01 to 0:48:21( Edit History Discussion )

Allen Boyd: policies got us. under the previous administration and the previous republican controlled congress. unemployment, when george w. bush came into office, was less than half what it is today at 8.5%. job growth in the previous eight years under president clinton

Allen Boyd

0:48:22 to 0:48:44( Edit History Discussion )

Allen Boyd: had been approximately 250,000 new jobs created per month. this month after eight years of the policies that are espoused by the ranking member, mr. ryan, and the distinguished minority whip, mr. cantor, we are shrinking on a monthly

Allen Boyd

0:48:45 to 0:49:06( Edit History Discussion )

Allen Boyd: g.d.p. growth, under president clinton that average growth was 3.7% annual rate. it is now our economy is shrinking at the rate of 6.1% on a monthly basis. medium down. deficits, they speak for themselves. when president bush took over, there was a surplus as far as

Allen Boyd

0:49:07 to 0:49:27( Edit History Discussion )

Allen Boyd: the eye could see. under the policies of the previous administration, now we have structural deficits. as far as the eye can see. so that's what president obama has inherited. health coverage. during the eight years the bush administration, over five

Allen Boyd

0:49:28 to 0:49:48( Edit History Discussion )

Allen Boyd: million americans lost their health coverage. that is one -- that is the very core of our economic problems. the health coverage problems in this nation. many would call it the mery index. mr. chair i ask -- mr. spratt: i yield 0 additional -- 30 additional seconds.

Allen Boyd

0:49:49 to 0:50:10( Edit History Discussion )

Allen Boyd: mr. boyd: president reagan talked about the misery index. you can look at all those economic indicators there. there's not one that shows that we are better off than we were eight years ago. every economic indicator indicates that we are much worse of. ladies and gentlemen, it's time for a new direction. we must restore fiscal

Allen Boyd

0:50:11 to 0:50:22( Edit History Discussion )

Allen Boyd: responsibility into this budgeting process. that's one of the things that chairman spratt, speaker pelosi, majority leader hoyer have given us through this budget process.

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