On the recordJanuary 25, 2011
Tonight we will hear about the State of the Union. I hope we hear the sometimes painful truth about the State of the Union: more jobs lost in the last couple of years and we need to do something about that. But the answer is not more spending that leads us to a greater deficit and more borrowing from China. The answer is not to continue to have higher gas prices because we are buying our oil from OPEC, which they use to build their lavish palaces and drive their Rolls Royces while our communities are trying to find ways to afford the patching compound to patch up our potholes. What we need to be doing is taking action that uses our resources to create American jobs. A bill that I am going to be reintroducing from last year is one that says, Let's stop this moratorium that prevents us from using our oil, from drilling our resources. We can actually create jobs and have about $3 trillion-plus in Federal revenue without raising taxes, without raising our trade deficit, and without sending more money to OPEC. I hope this is something this Congress considers and this President has an open mind to dealing with so that we can create jobs without creating more deficit.
