On the recordMarch 2, 2006
And in addition to the money that we could be investing, and those are all investments, those are paying our Head Start, a million per Congressional district that is going to get spent on health and education and pushing it into our future making sure that we keep our promise to our veterans who we have promised that we would provide health care for. But at the same time, when you balance the budget, you keep interest rates low. And we notice now how interest rates are starting to creep up every few months another quarter point, quarter point, half. It keeps going up. We want to balance the budget here like President Clinton and the Democratic Congress did in 1993 without one Republican vote, Madam Speaker, without one Republican vote, balanced the budget. Interest rates stayed low, and people went out and borrowed and invested in the economy. So it is not government's job to go out and create work. We have a responsibility, and one of the things is to keep the budget balanced, keep interest rates low, and then allow that money to be borrowed by the private sector, so people can go out and make a profit and hire people and put that money back into the economy. Be happy to yield to my friend.
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