Yesterday marked the gruesome second anniversary of the administration's misnamed stimulus plan. When this irresponsible plan of massive spending was introduced, liberals promised unemployment would not exceed 8 percent. At that time, House Republicans, led by John Boehner, explained that our Nation cannot borrow and spend our way to prosperity, and the failure of this stimulus plan is a sad reminder of this. Now, 2 years later, taxpayers have more than $817 billion added to the national debt. Unemployment is still above 9 percent and has been above 9 percent for 21 straight months. That means 14 million Americans are without jobs. Our debt is over $14 trillion. I have introduced legislation for an audit of the stimulus to show the American people where their tax dollars were spent. Where is the money? Where are the jobs? In conclusion, God bless our troops, and we will never forget September the 11th in the global war on terrorism.
Editor's note · Context
The speaker criticizes the administration's stimulus plan and its impact on unemployment and national debt.
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