On the recordApril 8, 2011
I rise to speak about the crisis we have. I guess I ask my Republican colleagues: Please, don't shut down our government. A shutdown will hurt all Americans--our businesses, our middle-class families, our servicemembers who could see their paychecks delayed. It will hurt this economy. Eight percent of mortgages are FHA guaranteed. None can be issued that are FHA guaranteed starting tomorrow. Housing is one of our largest industries, and it has been on its knees. This will put it on its back. IRS checks that are mailed, where the refund is mailed back, will stop. That is billions of dollars that would be circulating in the economy that will not happen. We Democrats have been listening to the people. We want to avoid a shutdown and have met all of the Republican demands on the spending side. Last night at the White House Speaker Boehner said to the President: If you go with me, it is $78 billion in cuts. That will satisfy me. The President said: We will get to that number. We have moved in every direction Speaker Boehner has asked. We believe there should be cuts. There is tremendous waste in government. I think any Democrat who ignores the lesson of those who voted, the lesson of the last election, makes a mistake. The people did want government to cut out the waste and to shrink, but they didn't say cut everything. They didn't say use a meat ax.…





