On the recordMarch 9, 2006
At the same time, my friend, the Republican majority is borrowing and spending and borrowing and spending. They are not borrowing it from Sky Bank in downtown Warren, Ohio. They are not borrowing it from National Citibank. {time} 1845 They are borrowing it from these other countries. And at the same time, at the same exact time, Mr. Speaker, this Republican Congress has given $6 billion in corporate welfare to the energy companies, primarily the oil companies, which are having their most profitable quarter, one after another, one after another; $22 billion to the health care industry, Mr. Speaker. Corporate welfare. So what the Republican majority is doing, my good friend, is they are borrowing money from the Japanese, the Chinese, and OPEC countries; and they are then taking that money that they are borrowing and then they are giving it in corporate welfare to the most profitable industries in the world. And at the same time, tuition costs go up, local property taxes go up, no investment into after-school programs, the significant kinds of investments that we need to allow our kids to be competitive in a global economy.
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