Todd Tiahrt: “Today, another Kansan is going to get laid off, and they will struggle to pay their bills. Our economy needs help and…”

“Today, another Kansan is going to get laid off, and they will struggle to pay their bills. Our economy needs help and our people need help. But this bill isn't help. This bill will only place a drag on our economy because it does nothing to solve the underlying problems that hamper our economy. The Federal Government has a role to help ensure American workers are free to prosper. But borrowing money for massive government spending is not the answer. The reality is, this bill, some nearly $800 billion in spending and tax cuts, consists entirely of money we do not have. So how are we going to get this money? There's only three ways to get it. We can ask the Treasury Department to print more money. But we know from the 1970s that causes inflation. The second is we can raise taxes. We'd have to raise taxes $2,600 per American. And we know that higher taxes create higher unemployment. I'm not interested in raising taxes. The third way is to borrow money from investors. But our investors here in America don't have the money.”