Madam Chair, again, we cannot lose sight of the fact that our Nation is drowning in a sea of red ink. It is a sea of red ink that continues to hamper job creation. Job creators today are uncertain of our future. They know, though, they know that historic levels of debt lead to historic levels of taxation, which can only lead to historic levels of unemployment. They are looking for some signal from this body that we get it, that we get it, that we are going to stop borrowing 40 cents on the dollar, much of it from the Chinese, and sending the bill to our children and our grandchildren. Again, when the annual deficit, the annual deficit was $200 billion and dropping, as opposed to the monthly deficit, which is now over 200 billion, but when the annual deficit was 200 billion, the gentleman from Maryland, the Democratic whip, said that was fiscal child abuse. Now, my friends on the other side of the aisle are introducing the term ``mean spirited.'' I don't know. Is fiscal child abuse mean spirited? It's their term, Madam Chair. I will let them reflect upon that. Now I hear the ranking member talk about fiscal responsibility, and he points to one item: cotton. We have heard cotton throughout this debate. But I would note that the ranking member apparently voted for the conference report on the farm bill which includes cotton subsidies that he comes to this floor to decry.…
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I believe when that inquiry is finished, it will result in the same written report that we have issued 103 times, previously.
Mr. Speaker, I yield 1 minute to the gentleman from Illinois (Mr. Hultgren), who is the vice-chairman of our Capital Markets, Securities, and Investment Subcommittee. Mr. Hultgren is the lead sponsor of two provisions of the bill, H.R…
Mr. Speaker, I yield 1 minute to the gentleman from Pennsylvania (Mr. Rothfus), the vice chairman of our Financial Institutions Subcommittee, who is also the lead Republican sponsor of one of the bills in the package, H.R. 6069, the Fight…
Mr. Speaker, I yield 1 minute to the gentleman from North Carolina (Mr. Pittenger), who is the vice-chairman of the Financial Services Subcommittee on Terrorism and Illicit Finance.





