the Congressional Budget Office (CBO) has provided what I think is a reasonable range of estimates of the effects of the ARRA on macroeconomic activity.

It was very important that we have at least some flexibility in order to negotiate and collaborate with our international colleagues.

During initial Senate consideration of financial regulatory reform legislation, I was very concerned that State-chartered community banks and small-and medium-sized bank holding companies would no longer be able to choose supervision from…

I think we ought to be shooting for a sustainable path, 3 percent, maybe even less, of GDP as a deficit.

the available economic evidence suggests that the tax reductions and increases in transfers for households have likely provided support to consumer spending.

I do, and I think that view is widely shared.

You are absolutely right.

We have brought interest rates down close to zero. We have had a number of programs to stabilize financial markets.

I think we do still have options, but they are not going to be the conventional options and so we need to look at them carefully and make sure we are comfortable with any step that we take.

Mr. Speaker, last week there were headlines saying that leaders on both sides of the aisle agree that we need to raise the Social Security retirement age to 70. Before we do that, we need to stop spending hundreds of billions we do not…

Well, I thank the gentleman from Minnesota, Chairman Oberstar, for those kind words. No one in this Congress admires the chairman more than I do. Certainly no one knows the work of the Transportation and Infrastructure Committee better…

Madam Speaker, I thank the gentleman from Minnesota (Mr. Oberstar), our outstanding chairman of the full committee, for his very accurate explanation of the confusing, convoluted way we go about the budget and contract authority…

Madam Speaker, I yield myself such time as I may consume. I rise in support of this bill, and I commend the gentleman from Virginia, who just finished making his remarks. H.R. 5604 rescinds $106.8 million in contract authority from the…

Madam Speaker, this weekend, the administration bizarrely claimed that there is ``overwhelming consensus'' that we are not losing jobs and are, instead, creating them. If this is the case, I encourage the administration to release the data…

Madam Speaker, it's with great gratitude that I rise today in support of House Resolution 1491 to formally congratulate the University of South Carolina's baseball team for its impressive success at the College World Series. Today's…

Mr. Speaker, seven proposals have been brought to this floor for a vote directly from participants in the interactive forum YouCut. These proposals are commonsense cost savers of the people's money. House Republicans have listened to the…

Mr. Speaker, before Congress adjourned for the July 4th recess, I stood at this spot with a plea to Democratic leadership to do the right thing and bring the military supplemental bill forward as a clean bill for quick passage. My request…

Mr. Speaker, over the last week, I have held six town hall meetings all across South Carolina's Second Congressional District focused on job creation and Washington's reckless spending habits. Residents in Aiken, Barnwell, Richland…