On the recordSeptember 14, 2011
Thank you, Mr. Garamendi. Every weekend I'm home--and the weeks that I'm home, because we're home many weeks now, this Congress doesn't work them very much. We spend a lot of time at home. And that's a beautiful thing for us, but not a great thing for America because we need to be here, working on trying to get a jobs bill passed, which hasn't been introduced by the majority yet. But Professor Stiglitz talked about the causes of the loss of the surplus that President Clinton and the Democratic Congress got in the late part of the 20th century. It was the two wars--voted for by this Congress, supported by President Bush, the Bush tax cuts--passed by this Congress, proposed by President Bush; and Medicare part D, President Bush's Medicare plan to take care of the insurance companies. That's what did it. Those were the causes. Professor Stiglitz, and he has a lady that works with him--I think her name is Linda Bilmes--they've studied what it's going to cost in America in the years to come with the veterans. Now, the ones we can employ, we need to employ. But 1 to 2 percent are going to come back disabled, and they're going to need veteran services and they're going to need money for the rest of their lives. So these wars, particularly the Iraq war--President Bush and the Republican Congress' war--is going to cost this country for another 70 years, at minimum; and we need to be prepared for that. We need to come together.…





