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House Proceeding 07-22-09 on Jul 22nd, 2009 :: 1:55:15 to 1:58:40
Total video length: 2 hours 39 minutes Stream Tools: Stream Overview | Edit Time

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Jeb Hensarling

1:55:12 to 1:55:32( Edit History Discussion )

Jeb Hensarling: the last eight years. i rect the proposed amendment and let's get to work and making some tough, but necessary decisions for future generations so we don't end up leaving a legacy of debt for my two little boys or to future generations. i yield back. the speaker pro tempo gentleman yields back the

Jeb Hensarling

1:55:15 to 1:58:40( Edit History Discussion )
Speech By: Jeb Hensarling

Jeb Hensarling

1:55:33 to 1:55:53( Edit History Discussion )

Jeb Hensarling: balance of his time. the gentleman from wisconsin. mr. ryan: i yield three minutes to the vice ranking member of the budget committee. the speaker pro tempore: the gentleman is recognized for three minutes. mr. hensarling: i thank the gentleman for yielding. mr. speaker, we were honored earlier when the speaker of the house came to speak on this legislation. i tried to listen to her very

Jeb Hensarling

1:55:54 to 1:56:15( Edit History Discussion )

Jeb Hensarling: carefully. i think i heard, quote, we will not increase the deficit, which is now the congressional mantra. that's interesting, i haven't what i do note is that since the democratic majority has been the majority in this institution,

Jeb Hensarling

1:56:16 to 1:56:36( Edit History Discussion )

Jeb Hensarling: the federal deficit has gone from $161 billion to over $1 trillion for the first time in our nation's history, on the way, according to the national congressional budget office to a $1.8 trillion deficit, a ten-fold increase in just two years.

Jeb Hensarling

1:56:37 to 1:56:57( Edit History Discussion )

Jeb Hensarling: so i would say, with all due respect to the speaker of the house, apparently the mantra is not working very well. i also believe i heard the speaker of the house say, quote, we have a moral, moral responsibility not to heap deficits on our children. well, i take that very

Jeb Hensarling

1:56:58 to 1:57:20( Edit History Discussion )

Jeb Hensarling: seriously. as a father of a seven-year-old girl and a five-year-old boy, i think every single day about the deficits that are being heaped on our children and grandchildren. so i guess i would ask the speaker of the house, who i know is no longer present on the floor, if we have a moral

Jeb Hensarling

1:57:21 to 1:57:41( Edit History Discussion )

Jeb Hensarling: responsibility not to do it, why did you do it? why have you increased the deficit ten-fold? why is it that you brought a budget to the floor and passed it with the democratic majority that will triple, triple the national debt, triple the

Jeb Hensarling

1:57:42 to 1:58:03( Edit History Discussion )

Jeb Hensarling: national debt in the next 10 years and create more debt in the next 10 years than in the previous 220? i would say, madam speaker, why did you do it? now, i know she also spoke with great pride of re-instituting the pay-go rule when the democrats became the majority.

Jeb Hensarling

1:58:04 to 1:58:26( Edit History Discussion )

Jeb Hensarling: well, it sounds nice, again it makes for a nice bumper sticker slogan, but, mr. speaker, facts are pesky things. when the democrats came into congress and instituted the pay-go rule, all we see is a sea of red ink as far as the eye can

Jeb Hensarling

1:58:27 to 1:58:42( Edit History Discussion )

Jeb Hensarling: see, deficit upon deficit upon deficit, trillions of dollars of deficits. it's not exactly a plan, m speaker, i would take great pride in. i must observe the only thing that exceeds the federal deficit

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