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House Proceeding 12-16-09 on Dec 16th, 2009 :: 0:37:30 to 0:42:20
Total video length: 1 hours 6 minutes Stream Tools: Stream Overview | Edit Time

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Robert E. Andrews

0:37:26 to 0:37:46( Edit History Discussion )

Robert E. Andrews: going into debt and asking for more credit while we it's time to stop spending. i yield back. gentleman's time has expired. the gentleman from nevada reserves. the gentleman from massachusetts is recognized. mr. neal: with that i'd like to yiel new jersey, mr. andrews. the speaker pro tempore: the gentleman from new jersey is recognized for three minutes. mr. andrews: i ask unanimous consent to revise and extend my re

Robert E. Andrews

0:37:30 to 0:42:20( Edit History Discussion )
Speech By: Robert E. Andrews

Robert E. Andrews

0:37:47 to 0:38:08( Edit History Discussion )

Robert E. Andrews: the speaker pro tempore: without jection, so ordered. the gentleman is recognized. mr. andrews: thank you, madam speaker. i thank my friend for yielding. a tired old tradition is being carried out on the house floor today. when it co the national debt ceiling, the members in the minority get up and express outrage and enough members in the majority get up and

Robert E. Andrews

0:38:09 to 0:38:29( Edit History Discussion )

Robert E. Andrews: vote to do what needs to be done to pay the nation's bills. madam speaker, i know a lot of people watching this are scratching theireads and saying how did we get to such a terrible predicament, whose fault is it? i think they are tired of hearing whose fault it is because, frankly, when other side's in the majority we

Robert E. Andrews

0:38:30 to 0:38:50( Edit History Discussion )

Robert E. Andrews: say it's their it's their fault. when they are in the minority they say it's our fault. i think a history lesson is in order. . in 2001, as mr. tanner said, we were looking at a projected $5 trillion surplus over the decade that we're now closing

Robert E. Andrews

0:38:51 to 0:39:11( Edit History Discussion )

Robert E. Andrews: out. we're going to take in $5 trillion more than we spend. there were three things that happened in that decade that injured that prospet. the first was horrific, unavoidable and the fault of no one in this room. it was the terrorist attack on the country on september 11 of

Robert E. Andrews

0:39:12 to 0:39:32( Edit History Discussion )

Robert E. Andrews: 2001, which had and still has negative economic consequences as well as security consequences for the country. second thing that happened, in my view, two disastrous choices were made. the first was to launch two wars by borrowg the money to pay for those wars. in iraq and in afghanistan.

Robert E. Andrews

0:39:33 to 0:39:53( Edit History Discussion )

Robert E. Andrews: we certainly can disagree and we have around here a lot as to whether or not those wars were or were not in the national interest. but i think we should have understood that it was absolutely not in the national interest to defy historic tradition and finance those wars by borrowing money unlike

Robert E. Andrews

0:40:17 to 0:40:38( Edit History Discussion )

Robert E. Andrews: to a projected deficit instead. then followed the financial meltdown of the fall of 2008. the treasury secretary told us under n he felt that we were perhaps a few days away from the collapse of the global economy. so to this floor came a

Robert E. Andrews

0:40:39 to 0:40:59( Edit History Discussion )

Robert E. Andrews: billion bailout bill for the banking industry. now, a lot of members on both sides voted for it. i think it was the right vote because i off that calamity from happening, d that added to the national debt. yes, there were decisions made since the new administration came in to do a stimulus bill on a way that was not --

Robert E. Andrews

0:41:00 to 0:41:23( Edit History Discussion )

Robert E. Andrews: the speaker pro tempore: the time of the gentleman has expired. mr. andrews: i respectfully ask for one more minute. mr. neal: i yield the gentleman one more minute. the speaker pro tempore: the gentleman is recognized. mr. andrews: i think it was absolutely do because it stimulated between 600,000 and 1.6 million jobs thus far being saved or created.

Robert E. Andrews

0:41:24 to 0:41:44( Edit History Discussion )

Robert E. Andrews: let me say, to irrespect how we discount history is to how we got here. here we are. to me there is it three inescapea do. the first is to get entitlement spending under control. frankly, our side believes the health care reform bill does exactly that. and the con office would concur nearly $500

Robert E. Andrews

0:41:45 to 0:42:06( Edit History Discussion )

Robert E. Andrews: billion in entitlemen reductions over a 10-year period. second, you have to get revenue back on track. of the tax reductions for those that are in the top 5% or so of the country. think that's the responsible thing to do. no one on the other side voted for that. and finally, we have to stop

Robert E. Andrews

0:42:07 to 0:42:21( Edit History Discussion )

Robert E. Andrews: spending $300 billion or $400 billion a year to buy oil from other parts of the world. we had legislation here that would put us on that path and build american jobs. almost no one, single digits on the oth side voted for that. so this is a day when the

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