It is also the benefit of a totally accommodating Federal Reserve, who sets the price of interest through things like quantitative easing, which is nothing more than printing money. They have unnaturally depressed rates. Depressed interest…

There is no question. At $16 trillion of debt, roughly, which is the public debt now, you are talking about interest rates below 2 percent.

Mr. Schweikert, I see you brought up the graph for the Social Security trust fund. Have you explained what the nature of the trust fund is?

The 40-year rolling average is about 6 percent. That is what money ordinarily costs the United States of America. It is about 6 percent if you look at it over a generational length of time. If we simply regress to the mean and end up with…

I have got a question for you. While we are preparing that question, if the young man could put up the previous graph below, that one that shows the status of the Medicare trust fund.

Yeah. The trust fund is actually fairly simple. A lot of people think that it doesn't exist. They think it is a myth. It is real. What it represents is the accumulated excess collections that Social Security has made over the years. I tell…

Mr. Schweikert, there is an ad campaign on television right now that speaks to this. I think it was on during the Super Bowl. It shows a very dramatic bridge scene and the bridge slowly fades into decay, and it says: This is what will…

How many people have called your office to say: Mr. Schweikert, what is your plan for fixing this?

You talked about how every day we wait, it gets harder to do. I remember giving a presentation similar to this at a retirement community in my neighborhood. It was back during one of the first Ryan budgets when we had actually talked about…

Mr. Schweikert, would you like to wager a guess as to the likelihood of that reduction staying in law is?

Actually, I have been showing them that chart since you and I arrived in 2011 because the number has not changed significantly. When you and I arrived and served on the Budget Committee together in 2011, we could have told people roughly…

Yet it is not our generation. It is Mr. Buck's generation, the gentleman from Colorado, the older generation, the next generation who is paying closer attention to it.

How many times, Mr. Schweikert, have we held 4\1/2\ percent growth for, say, a decade?

I thank my friend from Missouri. We have been working on this now 2\1/2\ to 3 years. The bill is fairly simple, Mr. Chairman, in what it actually does. It just takes a second to read the operative line that an appropriate banking Federal…

I think the purpose here is really to sort of treat this as a problem-solving exercise versus a blame-laying.

We had a bill that we voted on in the House, had a veto-proof majority to pause this resettlement program.

I think if we're really interested in having a viable refugee program that allows people to resettle here and to integrate and assimilate, that process has to be the very best that it can be.

I hope very much that they are welcomed in South Carolina, and knowing what I know about my folks back home, I believe that they will be.

I have no further speakers, and I urge adoption. I yield back the balance of my time. The SPEAKER pro tempore. The question is on the motion offered by the gentleman from South Carolina (Mr. Mulvaney) that the House suspend the rules and…

In closing on all of these amendments, I want to touch on something we haven't had a chance to talk about here today. There are a lot of people in here who are apparently very proud of the Bank. They are happy with the way the Bank is run…

I want to encourage my colleagues, if they vote for one and only one of these Export-Import Bank amendments, they should vote for this one. In fact, I would bring to their attention that they probably have already voted for it before…

I demand a recorded vote. The Acting CHAIR. Pursuant to clause 6 of rule XVIII, further proceedings on the amendment offered by the gentleman from South Carolina will be postponed. Amendment No. 5 Offered by Mr. Mulvaney The Acting CHAIR…

I demand a recorded vote. The Acting CHAIR. Pursuant to clause 6 of rule XVIII, further proceedings on the amendment offered by the gentleman from South Carolina will be postponed. Amendment No. 3 Offered by Mr. Mulvaney The Acting CHAIR…

A parliamentary inquiry before you start my time. The Acting CHAIR. The gentleman from South Carolina will state his parliamentary inquiry.

I thank the gentleman. I agree with most of what the ranking member on Financial Services just said with the exception of the conclusion. Everything that the Export-Import Bank does for small businesses actually is very productive. So here…