Political Quotes

Bob Latta: last weekend I was home, and folks back home are worried. They're worried about what this Congress is doing. They're…

On the recordFebruary 10, 2009
last weekend I was home, and folks back home are worried. They're worried about what this Congress is doing. They're worried about their futures, they're worried about their kids, they're worried about their jobs. One of the things when I was talking to a lot of the folks at home over the weekend was, first of all, they said what happened to that $700 billion that you all passed last year for the financial bailout? And they're worried about what's going to be going on right now with this $838 billion that we've seen come out of the Senate. And, of course, that's not the correct figure because after you figure in your interest, you're over $1 trillion. And when you talk about that $1 trillion, you know right now we owe $3 trillion to foreign governments, with as of 2 months ago the Chinese owning $682 billion of our debt. We watch this keep rising and rising, and the people want to know what's the future going to hold for them; where are the jobs going to be. Well, the Republicans have offered a plan, especially one in which Ohio, under our plan, would create 246,000 jobs, compared to the 142,000 jobs offered under the current stimulus package. I think that this Congress should examine what this Congress should be doing, making sure that we spend our dollars wisely.
Said by
Bob Latta
Republican · Ohio

Editor's note · Context

Addressing concerns about the financial bailout and stimulus package during a floor speech.

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