Mr. Chairman, H.R. 1 attempts to save the American taxpayer on a number of fronts. First, we cut $100 billion from regular government spending. Second, we went a step further for the taxpayer by rescinding the remaining balances of the failed stimulus bill, about $5 billion if we act now. We need to act now to stop any more funds from being spent. The longer we wait, the longer we let the administration shop around with the taxpayers' hard-earned money. Further, we were told that the stimulus bill was the lightning bolt that would put America back to work right away. If these funds haven't been already obligated, when are the people going back to work? Where is the instant impact? Where are the jobs? Unemployment is still over 9 percent in many areas of the country and upwards of 15 percent in other sections. If the funds have not been obligated by now, they probably weren't meant to be in the stimulus package. Let's save the taxpayers $5 billion today and rescind these funds now. I urge a ``no'' vote.
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