let me get the attention of my colleagues in the House on both sides of the aisle. We were just able to pass a bill that started to dramatically reform the operation of the Federal Government and get us to a balanced budget. What is this vote about? This vote is about reforming corporate welfare. Couple years ago we passed a bill that reformed welfare for people who did not have lobbyists. Now we have a family friendly bill that is on the House floor, and the reason why I say it is a family friendly bill is there have been more lobbyists hired to defend this big giveaway of the Federal Government, put more food on the plates of more people who were hired to represent the special interests in this regard. The fact is this program does not make any money. This program only gets money because of transfers of interest payments, intergovernment. It would be like arguing that the Department of Education makes money on their student loan program. It makes no money. It also says to all of my colleagues back in their districts, when you have a woman, when you have a man come up to you and tell you they want to start a small business and they would like a loan to open up a small business, they do not get these kind of sweetheart deals that the most profitable large multinational corporations get. Our operations in the amount of business we do with China does not involve one dime of any of these guarantees.
Editor's note · Context
Discussing corporate welfare and its impact on small businesses during a House floor debate.
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