Mr. Speaker, this Nation suffers from a surplus of deficits. First, our seniors have a health care deficit because, in the last Congress, Democrats cut Medicare by a half a trillion dollars, hastening its bankruptcy and then creating a new board, called the IPAB, in order to ration the access and quality of their health care. Next, they brought us a jobs deficit. Millions are unemployed and they remain unemployed--the highest duration of long-term unemployment since the Great Depression. Then, Mr. Speaker, we have the financial deficit. After the President's trillion-dollar stimulus program, which has failed miserably, after his $1.4 trillion takeover of our health care system, after an increase of base government--24 percent in 2 years and three trillion-dollar-plus deficits in a row, we now have a debt crisis. So the President says, Do you know what? We need a balanced plan. I want you, Republicans, to raise taxes to pay for my spending. Mr. President, one of the greatest impediments we have to job creation today is the threat of taxes to pay for your spending. Every day, I hear from small business people in my congressional district. I heard from Kristine Tanzillo of Canton, Texas: ``Washington seems to think they can tax its way out of our economic problem, which is not possible. We are not hiring or planning to grow for the next several years.…
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Thank you, Ms. Grimes, for your testimony. We know it is not always easy to be in this chair and discuss these types of charges.
I believe when that inquiry is finished, it will result in the same written report that we have issued 103 times, previously.
Mr. Speaker, well, after hearing those kind comments, I would be happy to yield the gentleman even more time. I say that tongue-in-cheek. Mr. Speaker, I have learned that if you want kind things said about you, announce your retirement…
Mr. Speaker, I yield 1 minute to the gentleman from Ohio (Mr. Chabot), who is the chairman of the House Small Business Committee and who has sponsored a very important provision in the package, H.R. 79, the Helping Angels Lead Our Startups…





