H.Res. 199House111th Congress (2009-2011)In Committee

Providing that the Congress should stop passing massive Government bailouts.

Introduced February 26, 2009

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HouseIntro Referral Latest Action

Referred to the House Committee on Financial Services.

February 26, 2009

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HouseIntro Referral

Introduced in House

February 26, 2009

HouseIntro Referral

Referred to the House Committee on Financial Services.

February 26, 2009

Floor Debate

6 members

What members said about H.Res. 199 on the floor

2 Republicans4 Democrats
Christopher H. Smith
Rep. Christopher H. SmithR-NJ-4 · May 12, 2009

I thank my good friend for yielding. Mr. Speaker, I rise in strong support of H. Res. 171, a powerful statement calling for meaningful constitutional reform and strengthened U.S. engagement in…

Howard L. Berman
Rep. Howard L. BermanD-CA-28 · May 12, 2009

Mr. Speaker, I move to suspend the rules and agree to the resolution (H. Res. 171) expressing the sense of the House of Representatives on the need for constitutional reform in Bosnia and Herzegovina…

Alcee L. Hastings
Rep. Alcee L. HastingsD-FL-23 · May 12, 2009

Mr. Speaker, I want to state my strong support for House Resolution 171, expressing our support for constitutional reform in Bosnia-Herzegovina, as well as for U.S. engagement in the Western Balkans…

Ted Poe
Rep. Ted PoeR-TX-2 · May 12, 2009

Mr. Speaker, I yield myself such time as I may consume. I want to thank Chairman Berman and Ranking Member Ros-Lehtinen for bringing House Resolution 171 to the floor. This resolution expresses…

Earl Pomeroy
Rep. Earl PomeroyD-ND · May 12, 2009

Mr. Speaker, I rise today in support of this resolution. Over 13 years ago, the U.S. brought an end to Bosnia's war through the Dayton Peace Agreement. This conflict lasted over three years, and was…

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Russ Carnahan
Rep. Russ CarnahanD-MO-3 · May 12, 2009

Mr. Speaker, I yield myself 2 minutes. I rise today in strong support of H. Res. 171. I, too, want to thank Chairman Berman and Ranking Member Ros-Lehtinen and their staffs for their time and efforts…

Bill Text

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Introduced in HouseIssued February 26, 2009

IV

111th CONGRESS

1st Session

H. RES. 199

IN THE HOUSE OF REPRESENTATIVES

February 26, 2009

Mr. Tiahrt (for himself, Mr. Carter, Mr. Mack, Mr. Paul, Mr. Shimkus, Mrs. Bachmann, Mr. Price of Georgia, Mr. Gingrey of Georgia, Mr. Bartlett, and Mr. Moran of Kansas) submitted the following resolution; which was referred to the Committee on Financial Services

RESOLUTION

Providing that the Congress should stop passing massive Government bailouts.

Whereas financial markets have been saturated with well over a trillion dollars from the Government ranging from the bailout of Fannie Mae and Freddie Mac at $200 billion, Bear Stearns at $29 billion, AIG at $85 billion; Wall Street at $700 billion, the automakers at $25 billion, and Citigroup at $247.5 billion;

Whereas, in 2008, total Federal spending increased by 11 percent to nearly $3 trillion;

Whereas Congress should not rely on the same failed economic policies of the past;

Whereas, by looking in the past, we see the massive spending initiatives that occurred during the 1930s and 1970s failed to produce economic growth;

Whereas the Government has a role in helping ensure American workers and industries are free to prosper, but these bailouts are nothing more than a mere band-aid that continues to follow a pattern of throwing more taxpayer money at a problem instead of addressing the root causes of the problem; and

Whereas Congress should address fundamental reforms to help American workers and businesses achieve long-term prosperity through incentives for private-sector solutions instead of Government involvement: Now, therefore, be it

That it is the sense of the House of Representatives that Congress should stop passing massive Government bailouts.