On the recordFebruary 3, 2009
Fiscal conservatives may be outnumbered today in the Congress of the United States, but we take our obligation to lead very seriously. We understand, with common sense, that each one of us as Americans are endowed with, that this spending spree the liberal majority has engaged in is a lot like attempting to run up your MasterCard to pay off your mortgage. All this money that's being spent so rapidly by this liberal majority is coming out of our grandchildren and great-grandchildren's pockets. It's all borrowed money. The bond market has never seen this much money come on to be sold at one time. There may be as much as the $3 trillion in debt sold over a 30-day period. We fiscal conservatives have laid out a commonsense alternative of immediate tax cuts. What better way to stimulate the economy and get the job market growing again and to put money in people's pockets and let them keep the money to begin with? We support and have endorsed Congressman Louie Gohmert's idea of a 2-month tax holiday. Rather than spend all this money, why don't we let people keep it, not pay any income tax for a 2-month period, that they can spend that money as they wish, invest it, save it. That's the way to grow jobs in America right away.
Source
govinfo.gov




