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Video archive of the US Congress

House Proceeding on Jul 17th, 2009 :: 0:37:50 to 0:39:00
Total video length: 1 hours 21 minutes Stream Tools: Stream Overview | Edit Time

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David Dreier

0:37:50 to 0:38:11( Edit History Discussion )

David Dreier: i'd like to underscore a statement he made earlier about a prom that was -- about a promise that was made. it was $787 billion. we all know with interest accrued it will exceed $1 trillion. and we were assured that if we passed that stimulus bill, the unemployment rate across this country would not exceed 8%.

David Dreier

0:37:50 to 0:39:00( Edit History Discussion )
Speech By: David Dreier

David Dreier

0:38:12 to 0:38:35( Edit History Discussion )

David Dreier: and right now tragically on a nationwide basis it is 9.5%. and yesterday a report came forward from a wide range of economists indicating the unemployment rate within the next few months exceed 10%. the projection is 10.1%. and as i said in our state of california, which is suffering like it has not in modern

David Dreier

0:38:36 to 0:38:57( Edit History Discussion )

David Dreier: history, we have faced an 11.5% unemployment rate. and this notion of the vice president indicating that if we don't spend more we're going to go bankrupt is prepostruss. last night at the encouragement of my friend from sacramento i had a telephone town hall meeting with literally thousands of my constituents. and the resounding message that

David Dreier

0:38:58 to 0:39:00( Edit History Discussion )

David Dreier: came through from my constituents with whom i spoke

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