Is it true that in eight years that the debt would be doubled under this budget?
Jeb Hensarling
The Public Record
Jeb Hensarling is a former Republican member of the United States House of Representatives, representing Texas's 5th congressional district from 2003 to 2019. During his tenure, he served as the chairman of the House Financial Services Committee, where he played a significant role in shaping financial regulation and policy. Hensarling was known for his advocacy of free-market principles and his opposition to the Dodd-Frank Act, which was enacted in response to the 2008 financial crisis.
Our country is in economic turmoil principally because of Federal policies, undoubtedly noble in intent, that incented, cajoled, blessed or mandated the financial institutions lend money to people to buy homes that they could not afford to…
This is America. We don't disparage wealth, we don't begrudge anybody for achieving success, and we believe success should be rewarded.
I believe I will have plenty of opportunities to disagree with our President in the next several years, not the least of which is a piece of legislation known as the stimulus package that I believe will stimulate big government much more…
Many of us have a fear, though, that HOPE for Homeowners may turn out to be hopelessness for taxpayers if we don't make other changes to the legislation.
If you disagree with how your neighbor is acting within the marketplace, we shouldn't try to restrict his freedom, we should inform his discretion.
I can put a gun to my neighbor's head, take his college fund for his children, place a bet on a roulette table in Las Vegas, and maybe, maybe I will triple his money. But, Mr. Chairman, that is not a risk that my neighbor voluntarily…
We have tried these policies. It is deja vu all over again. What our friends on the other side of the aisle won't do is open up ANWR where we know we have half of the Nation's proven reserves. Almost 85 percent of our deep sea energy…
So we need a farm bill that promotes trade, Mr. Speaker. Next, we need death tax relief for our farmers and ranchers. Somebody in the Fifth Congressional District worked his whole life building a farm and told me, ``Congressman, after the…
As the distinguished majority leader said, this is about people hurting. He should know. Since his Democrat majority came into office almost 18 months ago, we know that we have a $3,000 per family tax increase that has been approved…
When we're talking about our ally, Colombia, Hugo Chavez wants this trade agreement to never see the light of day, and our Democrat colleagues agree.
I believe that he just said every Republican voted against OBRA in 1993 and that is what unleashed economic growth, but if I did my homework correctly, I think the gentleman from New Jersey voted against it as well.
Over the next 3 years, on average, the average American family will see their tax burden increase by $3,000 per family to pay for the spending spree of Big Government by our friends on the other side of the aisle, the Democrats.
I joined the Budget Committee because ultimately the budget is about priorities. And, Madam Speaker, I came to this body because I believe America needs greater freedom and greater opportunity. And you can't have more freedom and more…
I am mourning. I mourn that decision. I'm not naive. I know this question represents one of the great political fault lines in America today, and I know many of my countrymen feel quite differently than I do. But I just believe in my…
Would you be happy to tell the citizens of New Jersey who are fleeing the high taxes that they can come to the Lone Star State where we have low taxes and great economic growth? We'd be happy to have them.
Correct me if I'm wrong, but isn't that really a 1-percent reduction in the requested increase? And so, for example, the Democrats may have suggested that some account grow by 6.7 percent, and this amendment said no, let's let it grow at…
Although it has been many years, I had a short and unillustrious career as an attorney; so I'm somewhat familiar with the term ``knowingly'' as a legal term of art. I am less familiar with the phrase ``with actual knowledge.'' Hearing the…
Well, 54 percent of the smokers are in families making less than $42,000 a year. That is 200 percent of the poverty level in 2007. So under the Democrat plan, you would tax people making less than 200 percent of poverty in order to extend…
Essentially, under the Democrat plan, you will be taxing people making less than $42,000 a year in order to give subsidies to those making up to $83,000.
I have seen a lot of cancer in the families of friends, something I take very, very seriously. And to think that now we are going to have a health insurance program ostensibly counting on 22 million more Americans to take up smoking is…
Under the Democrat bill, they expressly take it from 200 percent to 300 percent. Yet, you have to read the fine print because even today there are so many exemptions and so many loopholes that there are States that are insuring people up…





