I realize that my colleagues on the other side of the aisle sometimes can't understand why Republicans vote against their ill-conceived legislation, but it is really because we have a very different philosophy about what makes this country successful. We believe that we should adhere to the capitalistic society that has always made us successful. It isn't the government that makes us successful. It isn't taking money from hardworking taxpayers, sending it through government bureaucracies, and then giving a small portion of that money back to the taxpayers that has made this country successful. And this bill is very misnamed. It isn't a small business bill, it is a bailout of banks, smaller banks than the megabanks that were bailed out by the Democrats primarily, with the help of President Bush. This is not a small business bill but a bank bailout bill.
Virginia Foxx: “I realize that my colleagues on the other side of the aisle sometimes can't understand why Republicans vote against…”
Editor's note · Context
The speaker criticizes a bill they believe mislabels a bank bailout as a small business support measure.
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