Video archive of the US Congress

House Proceeding 07-22-09 on Jul 22nd, 2009 :: 1:52:30 to 1:55:10
Total video length: 2 hours 39 minutes Stream Tools: Stream Overview | Edit Time

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Ron Kind

1:52:26 to 1:52:47( Edit History Discussion )

Ron Kind: here in washington, d.c. and the ryan substitute is a powerful and important step in that direction. and i urge its support. the speaker pro tempore: the gentleman yields back the balance of his time. the gentlema from south carolina. mr. spratt: i yield three minutes to the the gentleman from wisconsin, mr. kind. the speaker pro tempore:

Ron Kind

1:52:30 to 1:55:10( Edit History Discussion )
Speech By: Ron Kind

Ron Kind

1:52:48 to 1:53:09( Edit History Discussion )

Ron Kind: gentleman from wisconsin is recognized for three minutes. mr. kind: i thank my friend from south carolina. as a former member of the budget committee i rise in proud support of this statutory pay-as-you-go rule. it is time to get real. and it's time to get real with the realities we face today. we can argue all day long and point fingers back and forth

Ron Kind

1:53:10 to 1:53:32( Edit History Discussion )

Ron Kind: about who caused what and why, but the fact remains that we face a huge american challenge that's going to require a unique american solution to pull ourselves out of the fiscal hole that we find ourselves in today. this legislation that we have before us today hahistory on our side. when we had pay-as-you-go budgeting rules in effect in the

Ron Kind

1:53:33 to 1:53:53( Edit History Discussion )

Ron Kind: 1990's, it helped instill fiscal discipline. and withhe help of the american people, it led to budget surpluses. we were paying down the national debt and having a conversation about a lock box for social security trust funds. and then for whatever reason in 2001, it expired. and the discussion then was

Ron Kind

1:53:54 to 1:54:16( Edit History Discussion )

Ron Kind: whether to re-institute it. and the fear at that time was that we may end up paying down our national debt too fast, which would be destabilizing. how i would love to see a return of those days. instead, it led to a fiscal course of action that doubled the national debt in eight short years. now, this legislation isn't going to be the cure-all.

Ron Kind

1:54:17 to 1:54:37( Edit History Discussion )

Ron Kind: we have a lot of work to do. we have the opportunity before us today to reform the health care system, to deliver system reform that will rein in rising costs, which if unchecked will bankrupt everyone. and we have work to do to make

Ron Kind

1:54:38 to 1:54:59( Edit History Discussion )

Ron Kind: that change. i still believe in the merits of an outside independent commission on entitlement reform that would report back with recommended changes so we can address thrising costs of entitlements. but let's go back to what works in the time of fiscal crisis that we face. the 1990's showed us the way to do that, with four years of

Ron Kind

1:55:00 to 1:55:11( Edit History Discussion )

Ron Kind: surpluses. and we were able to start to turn the corner and provide a more financial system for our country that was squandered over

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