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House Proceeding 07-23-09 on Jul 23rd, 2009 :: 1:03:20 to 1:07:10
Total video length: 4 hours 26 minutes Stream Tools: Stream Overview | Edit Time

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Jeb Hensarling

1:03:16 to 1:03:36( Edit History Discussion )

Jeb Hensarling: gentleman from massachusetts. those in favor say aye. those opposed, no. in the opinion of the chair, the ayes have it the amendment is agreed to. it is now in order to consider amendment number 2 printed in part a of house report 111-219. for what purpose does the gentleman from texas, mr. hensarling, rise? mr. hensarling: mr. chairman, i have an amendment at the desk.

Jeb Hensarling

1:03:20 to 1:07:10( Edit History Discussion )
Speech By: Jeb Hensarling

Jeb Hensarling

1:03:37 to 1:03:58( Edit History Discussion )

Jeb Hensarling: the chair: the clerk will designate the amendment. the clerk: amendment number 2 printed in part a of house report 111-219 offered by mr. hensarling of texas. the chair: pursuant to house resolution 669, the gentleman from texas, mr. hensarling, and a member opposed, each will control 10 minutes. the chair recognizes the gentleman from texas.

Jeb Hensarling

1:03:59 to 1:04:19( Edit History Discussion )

Jeb Hensarling: mr. hensarling: spending is out of control in the nation's capital. already this democratic -controlled congress has spent $1.1 trillion on a government stimulus plan costing every american household $9,810. that included $100 million for an after-school snack program, $10 million for urban canals,

Jeb Hensarling

1:04:20 to 1:04:40( Edit History Discussion )

Jeb Hensarling: and the list goes on. this democratic majority in congress has also passed an omnibus bill costing $410 billion, weighing in at roughly $3,500 per american household. that one included $150,000 for lobster research in maine and

Jeb Hensarling

1:04:41 to 1:05:01( Edit History Discussion )

Jeb Hensarling: $143,000 to develop and expand a comprehensive online encyclopedia. and now we know once again after the president's press conference last evening he and the democrats in congress will go forward on a government-controlled health care plan that even the congressional budget office,

Jeb Hensarling

1:05:02 to 1:05:22( Edit History Discussion )

Jeb Hensarling: appointed by demrats, says will cost a minimum of $1 trillion. again, costing every american household roughly $9,000. and what do we have for all this, mr. chairman? what do we have? we now have the single largest federal deficit that we've ever had in our nation's history. it crossed $1 trillion mark.

Jeb Hensarling

1:05:23 to 1:05:43( Edit History Discussion )

Jeb Hensarling: you know, there was a time not too long ago we always talked in terms of billions and now it's trillions rolling off the tips of our tongue. the federal debt, the federal debt under this spending program will triple, triple in the next 10 years. this congress is on a trajectory to create more debt

Jeb Hensarling

1:05:44 to 1:06:05( Edit History Discussion )

Jeb Hensarling: in the next 10 years than in the previous 220. we're borrowing 46 cents on the dollar mainly from the chinese and sending the bill to our children and grandchildren. and, mr. chairman, it is crushing not only the next generation, it's crushing job growth. since the president has come into office an additional 2.6

Jeb Hensarling

1:06:06 to 1:06:27( Edit History Discussion )

Jeb Hensarling: million americans have lost their jobs. at 9.5%, we're looking at the largest unemployment that we've seen in a quarter of a century. you know, enough is enough. and so i want to take up the president on a challenge that he issued to congress just a couple of months ago. he said, quote, if we're going to rebuild our economy on a

Jeb Hensarling

1:06:28 to 1:06:49( Edit History Discussion )

Jeb Hensarling: solid foundation, we need to change the way we do business in washington. we need to spend money wisely. the president went on to say, that starts with the painstaking work of examining every program, every entitlement, every dollar of government spending and asking ourselves, is this program really essential, are the taxpayers getting their money's

Jeb Hensarling

1:06:50 to 1:07:11( Edit History Discussion )

Jeb Hensarling: worth? unquote. those are the words of our president, mr. chairman, and so today i just want to focus on one program, one program out of an estimated 10,000 programs. it's called hope vi. well, according to o.m.b., and you can go to their website, this is a program that's already accomplished their

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