House Proceeding 07-22-09 on Jul 22nd, 2009 :: 1:40:15 to 1:43:45
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1:40:11 to 1:40:31( Edit History Discussion )

Michael C. Burgess: fought this fight for so many years and as an obligation to our children and our grandchildren. with that i yield back the balance of my time. the speaker pro tempore: the gentlewoman yields back. the gentleman from wisconsin mr. ryan: at this time, mr. speaker, i like to yield two minutes to the gentleman from texas, mr. burgess. the speaker pro tempore: the gentleman from texas is

1:40:15 to 1:43:45( Edit History Discussion )
Speech By: Michael C. Burgess

1:40:32 to 1:40:52( Edit History Discussion )

Michael C. Burgess: recognized for three minutes. mr. burgess: i thank the gentleman for yielding. i rise this afternoon to speak in support of the ryan substitute and against the underlying bill, the statutory pay-as-you-go act of 2009. you know, mr. speaker, the actual name of the underlying bill should be how to give cover for spending like a teenager with an unlimited credit card. now, congress receives a lot of criticism for not reading the

1:40:53 to 1:41:13( Edit History Discussion )

Michael C. Burgess: bills before we vote on them. this is not a very heavy lift. this bl is 23 pages. you can print it off, read through it. the first two pages is a list of co-sponsors and the table of contents. in the underlying bill you have about eight pages of actual regulation. and nen the last half of the bill, over 10 pages, are exceptions to this stutory

1:41:14 to 1:41:35( Edit History Discussion )

Michael C. Burgess: law at the speaker just described to us. yes, it's statutory law and in the statutory law are statutory exceptions. a long list of exceptions in this -- in the underlying bill give the democrats a talking point of saying they are going to address the wild spending of congress without actually having to ma any choices, not just the hard choices, they don't have to make any choices

1:41:36 to 1:41:56( Edit History Discussion )

Michael C. Burgess: at all. now, some of the exceptions are necessary, some of them are acceptable. we should be concerned about our veterans. we should be concerned about our seniors. we should be concerned about our children. exceptions to pay-go to ensure that our veterans get the health care they need, the seniors get the long-term care they've earned or our children are healthy -- and our children

1:41:57 to 1:42:18( Edit History Discussion )

Michael C. Burgess: are educated, not going hungry should be protected and not subject to politics. but for those members who grew tired of reading the bill, on the last page of those exceptions, the second to the last third of the sentence are exceptions to pay-go for tarp. now, we all remember tarp. it passed last september --

1:42:19 to 1:42:39( Edit History Discussion )

Michael C. Burgess: failed last september, passed last october under a democratic congress, i might add. we're going to validate that vote for tarp today by now elevating tarp as to the same level of protection as medicare, medicaid, social security, veterans and child hunger? now, yesterday neal --

1:42:40 to 1:43:02( Edit History Discussion )

Michael C. Burgess: have one minute? mr. ryan: i yield one minute. the speaker pro tempore: the gentleman is recognized for one minute. mr. burgess:he special inspector of tarp said before a committee that tarp could ultimately cost the american taxpayer $23 trillion, trillion do

1:43:03 to 1:43:23( Edit History Discussion )

Michael C. Burgess: to fathom that money. as of yesterday, the cost to the american taxpayer from tarp was $2 trillion. have, which we borrowed from china and foreign countries that don't have america's best interest at heart. and we gave them to banks who recently recorded record profits.

1:43:24 to 1:43:47( Edit History Discussion )

Michael C. Burgess: goldman sachis going to have profits this year after taking out bailout money. mr. speaker, they don't need to be protected in this pay-go statut now, in the past few weeks i've been involved in the greatest debatef elected career. i've been working on a commonsense approach to health care and to lower medical liability laws in this country.