Political Quotes

Alex Mooney: There are good parts of this bill, the things President Trump asked for at the very beginning, like tax relief for…

On the recordMarch 27, 2020
There are good parts of this bill, the things President Trump asked for at the very beginning, like tax relief for employers, help for those who lost their jobs, and funding for the medical community and first responders. I thank President Trump for his excellent leadership. I had a couple of ideas I would have liked to offer as amendments to this bill, but this is a closed process. 435 Members of Congress can't even offer amendments. That is not the way we are supposed to make legislation, especially when it spends $2 trillion. There are parts of this bill that are unrelated to the coronavirus: $1 billion for Amtrak, money for National Public Radio and the arts. But what we are not talking about is how we are going to pay for this. We all agree about spending $2 trillion, but how are we going to pay for it? Are we going to borrow from China? Are we going to borrow it from Russia? Are we going to just print the money and devalue our current currency? That is not being talked about. The interest on the national debt every year is already about half a trillion dollars, every year, going forward. We could use that money to pay for epidemics like this and fund our troops. So, going forward, we need to talk about balancing our budget and paying for things.
Said by
Alex Mooney
Republican · West Virginia
Source
govinfo.gov
Mar 27, 2020

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