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House Proceeding on Oct 22nd, 2009 :: 1:01:10 to 1:09:05
Total video length: 1 hours 29 minutes Stream Tools: Stream Overview | Edit Time

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Virginia Foxx

1:01:07 to 1:01:28( Edit History Discussion )

Virginia Foxx: it will secure our standing as the leader on the alternative energy front and brings us one step closer towards energy independence. i yield back. the speaker pro tempore: the gentleman yieldsack the balance of his time. the gentlelady from north carolina. ms. foxx: thank you, mr. speaker. i yield myself such time as i the speaker pro tempore: the gentlelady is recognized.

Virginia Foxx

1:01:10 to 1:09:05( Edit History Discussion )
Speech By: Virginia Foxx

Virginia Foxx

1:01:29 to 1:01:49( Edit History Discussion )

Virginia Foxx: ms. foxx: thank you, mr. speaker. you know, this bill deserves the emperor's new clothes award. we all again want to see improved and increased use of solar energy in our country. but this rule and this bill are not going to do it. the bill before us authorizes $2.2billion in borrowed money for the creation of a new

Virginia Foxx

1:01:50 to 1:02:10( Edit History Discussion )

Virginia Foxx: committee which would device the solar techlogy road map or plan. this wasteful spending does not reflect the hard economic times of our country and -- that our constituents are experiencing right now and is spending borrowed money we don't have. when i am home in north carolina, which is every

Virginia Foxx

1:02:11 to 1:02:32( Edit History Discussion )

Virginia Foxx: weekend, i hear from numerous constituents, their concerns that the federal government in washington is borrowing and spending too much. the american people know that in these tough economic times they should save, not spend, money. however, the federal government does not preflect the common sense i see -- reflect the common sense i see throughout my district. instead, the democrats in

Virginia Foxx

1:02:33 to 1:02:54( Edit History Discussion )

Virginia Foxx: charge here continue to borrow more and spend more, increasing our federal deficits on the backs of our children and grandchildren. the money that speaker pelosi and the boiks want to -- obama administration want to authorize today is all borrowed money. we cannot say that often enough. we do not have this money. our constituents do not have this money, and the federal

Virginia Foxx

1:02:55 to 1:03:16( Edit History Discussion )

Virginia Foxx: government does not have this money. the democrats in charge have made the irresponsible decision to borrow it in order to spend it at their whim. mr. speaker, the u.s. national debt is currently $11.5 trillion. with over 300 million people in the united states today, each

Virginia Foxx

1:03:17 to 1:03:39( Edit History Discussion )

Virginia Foxx: citizen's share of this debt right now is $38,8,000. we can no longer blame the -- $debt right now is $38,800.

Virginia Foxx

1:03:40 to 1:04:01( Edit History Discussion )

Virginia Foxx: we can no longer blame the previous administration. this administration continues to hole. as a result of the employment rate -- unemployment rate continues to rise and the

Virginia Foxx

1:04:02 to 1:04:23( Edit History Discussion )

Virginia Foxx: deficit continues to rise also. since the democrats took control of congress on january 4, 2007, the national debt has increased by 3.282 trillion dollars. since president obama was inaugurated just eight months ago, the national debt has

Virginia Foxx

1:04:24 to 1:04:44( Edit History Discussion )

Virginia Foxx: incread by $1.325 trillion. the department of treary has reported thaunder the democrats control, 2009 is the worst fiscal year in this nation's history. the results get more disastrous with each passing day. mr. speaker, the debt limit has

Virginia Foxx

1:04:45 to 1:05:05( Edit History Discussion )

Virginia Foxx: been raised at least three times since 2008. a debt limit increase was included in h.r. 3221, the housing and economic recovery act of 2008, emergency economic stabilization act of 2008 raised the debt limit again.

Virginia Foxx

1:05:06 to 1:05:27( Edit History Discussion )

Virginia Foxx: the democrats in charge raised the debt limit yet again less than a year later with passage of h.r. 1, the, quote, stimulus, in february of this year. that bill raised the debt limit to $12,104,000,000. and if that were not, the 2010

Virginia Foxx

1:05:28 to 1:05:50( Edit History Discussion )

Virginia Foxx: budget resolution adopted on april 29, 2009, triggered the automatic passage of a separate measure, house joint resolution 45, to raise the debt limit to $13.29 trillion, which was then sent to the senate. and we will soon be asked to raise the debt limit again.

Virginia Foxx

1:05:51 to 1:06:11( Edit History Discussion )

Virginia Foxx: just as soon as the majority can find a way to do it and hide it in some other bill so that the american people hopefully are fooled by what they're doing. but they're not going to be fooled because their attention is being paid to wt's going on here in the congress.

Virginia Foxx

1:06:12 to 1:06:32( Edit History Discussion )

Virginia Foxx: i opposed all these efforts to raise the debt limit. according to analysis by the heritage foundation, the white house projects $10.6 trillion in new deficits over the next decade. this is nearly $80,000 per household in new borrowing. it's beyond time to stop digging. the new budget estimates,

Virginia Foxx

1:06:33 to 1:06:53( Edit History Discussion )

Virginia Foxx: including an estimated total national debt of $24.5 trilln in 2019 under president obama's budget are alarming and unsustainable. the result will be the highest level of spending and debt in american history. this is an irresponsible lack of fiscal restraint carried on

Virginia Foxx

1:06:54 to 1:07:15( Edit History Discussion )

Virginia Foxx: the backs of our children and grandchildren. my constituents at home and americans across the nation are not operating their family budgets as recklessly as this congress is spending their taxpayer dollars. on top of all this, the president and congress' shameless proposals to create a $1 trillion health care

Virginia Foxx

1:07:16 to 1:07:37( Edit History Discussion )

Virginia Foxx: entitlement are careless and unaffordable. we should be focusing on capping federal spending, restraining entitlements and eliminating wasteful programs. when will the democrats learn that out-of-control spending will not solve our nation's problems? last week, a group of us had

Virginia Foxx

1:07:38 to 1:07:59( Edit History Discussion )

Virginia Foxx: the great opportunity to hear mr. john allison, who is chairman of the board of branch banking and trust company in north carolina, one of the most successful banks in the united states. he told us then that we are on an unsustainable course in terms of accruing debt.

Virginia Foxx

1:08:00 to 1:08:22( Edit History Discussion )

Virginia Foxx: he said, if we do not stop this almost immediately, we have fewer than 25 years left aa great nation. that within 25years we will become a third world country similar to other third world countries, particularly in south america. we cannot sustain this. we owe our children and

Virginia Foxx

1:08:23 to 1:08:43( Edit History Discussion )

Virginia Foxx: grandchildren a betteruture. we need alternatives, but what the democrats in charge ar doing is shtting off our opportunity to use alternative sources of energy that we have available to us in this country. we have plenty of oil, plenty of gas, plenty of coal. we could be using all of those

Virginia Foxx

1:08:44 to 1:09:04( Edit History Discussion )

Virginia Foxx: sources of energy, but they are shutting us out, and we should be utilizing those and not doing what our colleague from california showed and that is wasting money on setting up committees to devise road

Virginia Foxx

1:09:05 to 1:09:06( Edit History Discussion )

Virginia Foxx: to bridges to -- road maps to

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