On the recordMay 5, 2011
We heard from our friend from Massachusetts the allegation that we over here on this side of the aisle were squeezing Medicare. Good grief. Even now has the gentleman from Massachusetts not read the ObamaCare bill? It cuts $500 billion out of Medicare. We heard from Minority Leader Pelosi that we have a moral obligation to create jobs. Then what this administration has done under her definition is immoral, because this administration has been killing jobs. We hear so much from the other side about the working poor. Coming from an area in Texas where we have lots of hardworking poor folks, that's who is being hurt by this administration's policies. When you shut off the jobs in the Gulf of Mexico, when you come out and say we're going to tax these American companies even more, we're going to take away their subsidies, they're called business deductions, the cost of drilling, the cost of doing business. And who will be taxed? American companies. We will be putting further tariffs on, not foreign products but American companies. We drive ourselves more and more to foreign oil, and that's a mistake. Price controls is what President Carter did. He was going to show the energy companies, and as a result we had no gas, we ran out of gas, it was a disaster. Salazar has shut down leases that were let after a 7-year process that could have produced as many as a trillion barrels of oil. The SPEAKER pro tempore. The time of the gentleman has expired.
