I just want folks to step back for just a second here. You know, last year at the end of the year we spent $700 billion on the TARP. Who knows if it has had any effect. No one knows for sure. This Tuesday, the Secretary of the Treasury said we are going to spend another $2 trillion. Today, we are going to spend $890 billion; with interest, well over another $1 trillion. In another couple weeks, we are going to spend another $400 billion on the omnibus bill. Then there is going to be a war supplement. We are talking about over $4 trillion here in less than 3 months. This is the most selfish bill I have ever seen generationally. We are saying to our children and grandchildren: We don't care about you, because we just want self-gratification now. We want to feel better today. We can't take any pain ourselves. Our kids and grandchildren are paying for this, and it is going to limit their opportunities for the future for the next generations.
Tom Latham: “I just want folks to step back for just a second here. You know, last year at the end of the year we spent $700 billion…”
Editor's note · Context
Discussing the financial implications of government spending during a floor debate.
Share
More from Tom Latham
I make a point of order against the amendment because it proposes to change existing law and constitutes legislation in an appropriation bill and, therefore, violates clause 2 of rule XXI. The rule states in pertinent part: ``An amendment…
The purpose of the amendment is to provide funding for Navy operations that might be affected by new and existing wind turbines. Upgrades to air traffic control to address Navy requirements resulting from the construction of wind farms are…
I reserve a point of order on the gentleman's amendment. The Acting CHAIR. A point of order is reserved. The gentleman from Michigan is recognized for 5 minutes.
I make a point of order against the amendment because it proposes to change existing law and constitutes legislation in an appropriation bill and, therefore, violates clause 2 of rule XXI. The rule states in pertinent part: ``An amendment…





