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.
Bob Latta: “last weekend I was home, and folks back home are worried. They're worried about what this Congress is doing. They're…”
Editor's note · Context
Addressing concerns about the financial bailout and stimulus package during a floor speech.
Share
More from Bob Latta
I thank our chair of the Energy and Commerce Committee for yielding. I rise in support of H.R. 1435, the Preserving Choice in Vehicle Purchases Act, which is legislation I co-led. California's Air Resources Board has made the decision to…
I thank my good friend, the gentleman from Florida (Mr. Bilirakis), for yielding. I really support and thank the gentleman for the work that he has done on this legislation to get it to where we are today. Mr. Speaker, I rise in support of…
Mr. Speaker, returning to the legislation before us, we are here to debate H.R. 4758, the Homeowner Energy Freedom Act. Again, I thank the gentleman from Texas' 12th Congressional District for sponsoring this legislation. This legislation…
As the gentleman just stated, this bill encourages collaboration between government agencies and stakeholders so that we can work together to address cyber threats and vulnerabilities more effectively. Mr. Speaker, I urge passage by the…





