On the recordApril 19, 2012
I yield myself 30 seconds. We have a Statement of Administration Policy in total opposition to this. The Small Business Administration would not provide a loan for innumerable people who benefit from this. They have a $7 million limit. Supply-side economics, we tried that for a number of years, and we were losing 700,000 jobs a month when this administration took over-- 700,000, and you raise supply-side economics as something we should embrace? No way. No way. I yield 3 minutes to the distinguished gentleman from Washington, Dr. Jim McDermott, a member of our committee. (Mr. McDERMOTT asked and was given permission to revise and extend his remarks.) Mr. McDERMOTT. Mr. Speaker, Members of the House, in 5 hours we're going to get on planes and go home, so we have to get the press releases ready to go. And that's what this is about. This bill will be dead in the Senate the minute it hits the desk. It's not going anywhere. It is a press release, and it is the most wasteful bill of the season so far. Now, I'm sure that Mr. Cantor and others will find worse things to do down the way as we get closer to the election. This week has been a disaster in here. We started on Tuesday by deeming the budget passed, here and in the Senate. It's a fiction. It never happened. That's how this week started. Then we went to the Ways and Means Committee yesterday, and we cut $68 billion out of health, children's services, social services, foster care, in reconciliation to balance the budget.…





