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House Proceeding on Sep 17th, 2009 :: 2:10:40 to 2:12:40
Total video length: 2 hours 21 minutes Stream Tools: Stream Overview | Edit Time

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John Kline

2:10:36 to 2:10:56( Edit History Discussion )

John Kline: so i thank the gentleman for yielding. i just want to say this is the right time, the right place and the right way to do this, and i thank him for his support in opposition to this amendment. mr. andrews: we reserve the balance of our time. the chair: the gentleman from new jersey reserves the balance of his time. the gentleman mr. guthrie: i yield three minutes to the gentleman from

John Kline

2:10:40 to 2:12:40( Edit History Discussion )
Speech By: John Kline

John Kline

2:10:57 to 2:11:20( Edit History Discussion )

John Kline: minnesota. the chair: the gentleman from minnesota is recognized for three minutes. mr. kline: thank you, mr. chairman. i thank the gentleman for yielding. and we clearly have some differences of opinion on this legislation as often happens in this body. i want to underscore a couple of things that the underlying bill by mandating the public option, mandating a government

John Kline

2:11:21 to 2:11:42( Edit History Discussion )

John Kline: takeover of an industry does expand the government's role, it creates new programs, it creates new expenses, it will cost jobs in the private sector , and when you remove the budget gimmicks and you look at the latest numbers from the congressional budget office, it is clear that it will add to

John Kline

2:11:43 to 2:12:04( Edit History Discussion )

John Kline: the deficit. . it will add the debt. we ever looking at an underlying bill here that says it's better if we turn over to the department of education and the treasury the responsibility of lending $100 billion a year to students. and getting the interest back from those loans.

John Kline

2:12:05 to 2:12:27( Edit History Discussion )

John Kline: of course we don't have the $100 billion. we are running a deficit this year, $1.6 trillion. and we are looking at a debt in 10 years of $21 trillion. so in order for the now this huge bank to have the money to lend, the government's going to have to go somewhere, china perhaps, somewhere and

John Kline

2:12:28 to 2:12:40( Edit History Discussion )

John Kline: borrow that money so that it can lend the money. it seems to me a strange time to be doing this. i think the underlying bill is flawed. i think it is arush to a government takeover.

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