Fiscal and Economic
More on Fiscal and Economic
House Chamber, Washington, D.C., September 14, 2010.
Throughout what was supposed to be a “recovery summer,” the President has repeated a familiar theme: that Republicans ran us into a ditch and now they want the keys back.
That’s an important point, and we need to understand exactly what the Bush administration did to run us into a ditch. In fact, President Bush made two major policy blunders.
Mr. Speaker:
Many people are asking why Congress is here today. I think the answer’s pretty simple: we’re not bankrupting the country fast enough and so we need to come back and spend more.
In the merciful week that Congress was not in session, my constituents had one message: STOP THE SPENDING. Obviously, Congress isn’t listening.
House Chamber, Washington, D.C.
July 22, 2010
M. Speaker:
Anyone who has experienced firsthand the quiet panic that stalks every waking hour of an unemployed family knows how frightening and debilitating is chronic unemployment. You watch your savings evaporate, you see your children going without the material things their friends enjoy, and you count down the months or even weeks until you won’t be able to make that crucial rent or house payment.
Repeating the Lesson
House Chamber, Washington, D.C.
July 20, 2010
Mr. Speaker:
When the stimulus bill became law, unemployment stood at 8.2 percent. Today, eighteen months and hundreds of billions of dollars later, unemployment is 9.5 percent.
House Chamber, Washington, D.C. May 25, 2010. M. Speaker:
The failure of this House to pass a budget at a time of unprecedented deficit spending speaks volumes about the house majority.
In order to resolve a crisis you must first be willing to face it. If you can’t face the problem, you can’t deal with it.
That’s what the budget process is: the painful but necessary assessment of our financial affairs. Without it, there cannot be even a theoretical solution.
WASHINGTON, DC – Representative Tom McClintock (R – Granite Bay) delivered the following remarks on the House floor today in opposition to the costly “Cash for Caulkers” weatherization program:
Learning from Experience (NOT)
House Chamber, Washington, D.C.
May 6, 2010
M. Speaker:
Since “Cash for Caulkers” is based on the “Cash for Clunkers” program maybe somebody ought to ask, “How did that one work out?”
Representative Tom McClintock Presented with the
Spirit of Enterprise Award from the U.S. Chamber of Commerce
Award given to members of Congress for supporting legislation critical to the American business community
Washington, DC – Representative Tom McClintock (CA - 04) today made the following remarks at a press conference held to introduce a Spending Limitation Constitutional Amendment. Representative McClintock is co-author of the legislation.
During the 1980's, California enjoyed a Constitutional spending limit that produced a decade of balanced budgets, prudent reserves, no tax increases and steady economic growth. You can measure California's fiscal collapse from that day in 1990 when Californians foolishly threw that limit away.
House Chamber, Washington D.C.
February 23, 2010
M. Speaker:
Two weeks ago, Congress and the President added $1.9 trillion to the national debt limit. That translates to more than $6,000 of additional debt for every man, woman and child in the country – more than $24,000 for an average family of four.
Your family is required to repay that debt through future taxes just as surely as if it appeared on your credit card statement.
“It is disappointing that after a year of failed bank bailouts and reckless spending has failed to produce real jobs, the President seems to be doubling down. I suppose it is human nature that the more we invest in our mistakes, the less willing we are to admit them. But it doesn’t make for wise public policy.
“America’s future prosperity depends on restoring freedom of enterprise, not interposing government into every aspect of our lives. That’s what the stunning reversal in the polls and at the polls is telling the President, but he doesn’t seem to be listening.”