Political Quotes

On the recordJuly 15, 2010
Mr. Speaker, the motion to recommit today is a simple one. It says today, right here, right now, this body will decline to create yet another new government spending program, this one, a quarter of a billion dollar new FEMA outreach program on top of the FEMA outreach program that is already in place. Mr. Speaker, the American people know already that the National Flood Insurance Program is in trouble, just like almost every other federally administered insurance program. Social Security has a long-term deficit of $15.1 trillion. The Federal Pension Benefit Guarantee Corporation has a debt of $22 billion. The Federal Crop Insurance Program, Medicaid, and the list goes on and on. The National Flood Insurance Program owes the taxpayer, owes the Treasury already $19 billion. Why are we going to add to this burden today, Mr. Speaker? And, in addition, as I said earlier, this is duplicative of an already existing program. I'm not here to say, Mr. Speaker, that outreach is a bad idea. But I am curious what is wrong with the Cooperating Technical Partners Program of FEMA. {time} 1400 Mr. Speaker, even if this wasn't duplicative of an already existing system, even if we truly needed it, the question is, can we afford it? Is it really worth borrowing 43 cents on the dollar, mainly from the Chinese, and sending the bill to our children and grandchildren? At this time, Mr.…
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Jeb Hensarling
Republican · Texas

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