On the recordOctober 20, 2011
Mr. President, I say to my friend that the way the system is set up and the bill, we are able to use this money where possible. An example of where money was used prior--we had two rounds of stimulus funding. This is our third. It was for a very worthy cause. For my State and your State, which didn't have the layoff of teachers or have the cutbacks in education, they would short that into their budget proposal, so when the Governor made his proposal, that money would backfill. That is how it was used. We only created 33 new jobs that first round, but that was $217 million. The bottom line is--that is why I said we need a loan program. If spending money will fix our problems in America, we have no problems. We have to do it wisely. The Senator's amendments are appreciated, and I hope to support them.
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