On the recordMarch 10, 2021
I would respond to the comments of my friend, the chairman of the Ways and Means Committee when he said that he voted in favor of the bill when Hank Paulson came over and said it is something we needed to do, as opposed to this bill, which President Obama's former director of National Economic Council warned about consequences of this bill for the value of the dollar and financial stability because of the excessive borrowing that we are doing. Again, folks back home, we are borrowing $5,500 in your name, in your wife's name, in your children's name, and giving you $1,400 of it. President Biden's chief of staff boasted about this bill that this is the most progressive domestic legislation in a generation. So it is no surprise, Mr. Speaker, that there is no bipartisan support for this bill. Mr. Speaker, I reserve the balance of my time.
