Political Quotes

On the recordFebruary 4, 2010
I appreciate the gentleman. You know, I think the best evidence, and reclaiming my time, I think the best evidence that this is not working is the deficit rising from $161 billion in 2007, to $1.4 trillion last year and $1.6 trillion this year; $161 billion in '07 to last year, $1.4 trillion and this year $1.6 trillion. I would say that the preponderance of the evidence does not support the hypothesis. Today, in this rule, we didn't really debate the debt limit about being honest about the vote; but we're going to go ahead and have an opportunity, Madam Speaker, when my colleagues vote ``no'' on the previous question, that we will be allowed to amend this rule to consider an end to the TARP Act to stop the bailouts which are a part of this problem. This act would immediately terminate the Troubled Asset Relief Program and reduce the debt ceiling by the amount of remaining authorized TARP funds, which is nearly now $200 billion. We cannot continue what we're doing, spending taxpayer dollars and having these bailout programs. This is an ineffective program. Madam Speaker, I ask unanimous consent to insert the text of the amendment and extraneous material prior to the vote on the previous question. The SPEAKER pro tempore. Is there objection to the request of the gentleman from Texas? There was no objection.
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Pete Sessions
Republican · Texas

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