I am leaving this body here in the next 6 months. Now, one side is saying this is all about protecting jobs, about protecting teachers, firefighters, police officers. That's great spin. I'm going home. This is about protecting the ignominious conduct and behavior of legislators that didn't do their job and they're too frightened right now, 84 days before an election. They don't want to increase taxes, they don't want to cut spending, and they don't want to monetize the debt. So what do they do? They turn to the Federal Government and have us monetize the debt, issue bonds, have China do it so they don't have to make tough judgments. This is the bailout. This is another bailout. Folks, we cannot continue to do this. We talk about what type of Nation we want to pass on to our children. Let's not do this. I am distressed about it. When we passed the SCHIP as a body and came together, we said that we would do so and make eligibility at 133 percent of poverty. Then what happened? A lot of these States thought that the good economic times would never end, and so they mushroomed the eligibility.
Editor's note · Context
The speaker criticizes legislative inaction and the implications for future generations.
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