Mr. Speaker, these are interesting times we are living in. It just seems like the motto we hear in Congress is, so much money to give away and so little time. Wow. How can we give away more and more money? Well, to give it away, we have…
Mr. Speaker, these are interesting times we are living in. It just seems like the motto we hear in Congress is, so much money to give away and so little time. Wow.
How can we give away more and more money? Well, to give it away, we have got to tax, we have got to borrow, and we have got to print more money. All of these are not good things to be doing. And how ironic this week to see an article in national papers that, as Mr. Geithner is encouraging other countries to follow our lead and spend and spend and tax and spend and borrow and spend, Europe, of all places, is saying, we are not sure that this idea of spending and spending more and more money is such a good idea. Whoever would have thought that Europe would be the ones to give us a lecture on overspending not being the way to go? But these are the people that have been overspending. They know, it doesn't work. Yet, here we are, trying it ourselves.
Now, we keep hearing about the deficit. When I was here as a freshman in 2005 and 2006, I was upset about the overspending. I was upset about the deficit going up. And it wasn't the tax cuts that created the problem. The tax cuts created the greatest revenue coming into the U.S. Treasury in American history, more money than ever coming into the Treasury. That wasn't the problem. But as it came in faster and faster, we were spending even faster than that, and there were some of us who were upset about it. The American people were upset about it. So as our friends across the aisle kept pointing out, you have got to cut out this deficit spending, the voters heard them. They said, they are right. The Democrats are the ones saying don't be spending and running up the deficit on our children and grandchildren. The voters were right. The Democrats were right to say that, because we were overspending. Many of us in the Republican party were saying the same thing. But that was not what carried the day. There was overspending.
As a result, we got this comment after the election in November of 2006 from our now Speaker: ``The American people voted to restore integrity and honesty in Washington, D.C., and the Democrats intend to lead the most honest, most open, and most ethical Congress in the history.''
In fact, we even voted a few weeks ago in here that we would not even vote or take up this horrible spending bill, spendulus, porkulus, whatever you want to call it, until we had at least had 48 hours to review it. We voted on that. The vast majority, it seems like it may have been a super majority, voted that we would not vote on that bill until we had seen it for at least 48 hours. Then it gets on the web at 11:00 or 12:00 at night. I got my copy to review the next morning about 9:00, and we are debating at 10:00. And we are told, people are losing their jobs every minute you are delaying passing this bill. We have got to pass it. You don't have time to read it, you have just got to trust all the people, the staffers and everybody that put this together. We don't know what is air-dropped in there; we don't know what all is part of it, because we don't have time to read it, either. Nobody on either side of the aisle read it, but we had to pass it.
It doesn't exactly match up with the transparency and the openness that was promised. It doesn't match up with the President of the United States, President Obama, promising there would be no bill that would be taken up and voted on unless we had 5 full days before he signed it to have comments, 5 full days. Well, we were told we had to pass it, we had no choice, people are losing their jobs. And the thing is, people were hearing things that were supposed to be in the bill, and yet the very week that this bill was being brought to the floor to vote on, there were tens of thousands of jobs every day being lost because businesses were giving up hope. They were trying to hang in there, hang on to their good employees. So many of those jobs lost were good union jobs. They were trying to hang in there. But then, from what they were hearing it didn't sound like this so-called stimulus or spendulus bill was going to allow them to come out from under the trouble they were in, so they gave up and kept laying jobs aside. People, families were hurt. So we were told, ``It has got to be fast. Don't read it, just vote on it.'' So it was passed, and 4 days later it gets signed into law.
Now, how is that an example of being open, honest and transparent? As a young attorney, I always advised people, if people want you to sign off on something but say, ``you don't have time to read it, just sign it,'' then it is even more important to read before you sign off on it, before you put your name on it. And here we had the Congress of the United States put their names on a document that they were not allowed to read all because it had to be passed immediately. And then 4 days later, once we get the press and all of that going on, have the photo op there in Colorado, then the bill gets signed. And I'll bet the folks there, I'll bet the President had not read the bill. Of course he hadn't. He hadn't had time.
I am joined by my dear friend from Indiana, Mr. Dan Burton. I would love to yield time to him such as he would use and do so at this time.
Thank you. I'm so grateful to my friend from Indiana. I always learn something every time I hear him speak. And I appreciate him any time he wants to speak while I've got time, he is welcome here. It is interesting though. It just seems like we do not learn the lessons either of history from other countries or of our own history. We keep trying the same things over and over again.
For one thing, though, we had this massive bailout back in September. And there were a few dozen, I think maybe 60 Republicans that joined with the vast majority of the Democrats and passed that bailout bill. I thought it was a huge mistake. I knew it was a huge mistake. I begged my colleagues across the aisle, this side, please don't do this. And yet, we did. Seven hundred billion dollars. It was an outrageous amount. It may be that only $250 billion of that--only--only $250 billion of that was spent before the new administration came in. And they immediately asked for the other $350 billion, another $800 billion in a stimulus, spendulus, porkulus whatever you want to call it bill, and then followed that up with over $400 billion on top of that. We only get $1.21 trillion in from income tax, from individuals for the entire year of 2008. And yet, just in a matter of weeks, $1.6 trillion, $1.7 trillion, an incredible amount of money.
I have said this before, people I think are getting the idea, you want to increase the economy and help the economy? Let every taxpayer know they can keep their own tax dollars. Now originally my bill proposed 2 months. But for the kind of money we have been spending, we would be better off to tell everybody you have the whole 2008 tax year off with no taxes. If you send it in, you're getting it back. If you haven't paid it, then don't. We would have been better off. Cars would be bought. Homes would be bought. Homes would be built. Businesses would be built. American Dreams would be made all over.
It is interesting to hear a study this morning that we went from an American Dream of having our children have it better than we have to now the current American Dream, the majority American Dream is to own their own business, to have a small business. Then also know that American businesses, small businesses, that is, have 70 percent of the employees in the
country. You want to help the country? Help small business. And yet all we are hearing is we are going to hammer the people that may make more than $250,000, the very people who I've heard from who have said, ``I would like to hire at least one or two employees, but if I'm about to get hammered with a tax, I'm going to have to pay that in taxes. I can't afford to hire anybody. So I'm waiting back here to see if I'm going to get hammered with more taxes. And if not, then I will hire more people. And if I am, then I'm not hiring anybody. I will just kind of hang on to what I've got.''
One of the things we learned back in history classes was that the power to tax is the power to destroy. That is so clear. Over and over, no matter what country you're in, the government has the power to tax, unless it is a socialist country, in which case all money comes into the government, and they pay everybody, so they just own everything, which kind of seems to be the way we are going right now, but if you tax something, you get less of it. If you want more of an activity, then not only don't tax it, but give it an incentive to have more of that.
There is no better example than in the 1960s when the people in this body, in the House of Representatives, had a big heart, a tender heart, and wanted to help single women who they knew, there weren't that many, but there were some who were having to deal with deadbeat dads, who were not helping raise the children and were not helping with funding. They said, let's help those women. Let's give them a check from the Federal Government for every child they can have out of wedlock. They meant well. But now, 40 years later, we have gotten what we paid for. We have gotten a Nation in which nobody would ever have dreamed at this time that so many of our children would be born out of wedlock. Some of the greatest contributors to this country have come from single-parent homes. And I just have great praise for the single parents who try to raise kids and have done so effectively. It is a tough, tough job. But studies indicate, generally speaking, kids end up better off if they come from a two-parent home, as long as there is not abuse, things like that, we know that. As a former judge, I sure do.
Well, then if you look at some of the things we have taxed, we still have a marriage penalty. If you're married in America, and you are both working, then you're going to pay a higher tax than you would if you were living together in what used to be called in the Bible Belt, ``living together in sin.'' So what does the government do? The Federal Government, this body, because this is the only body that can do it, this body taxes marriage. Well, you get less marriage when you tax marriage.
Now, we have heard over the last few decades all kinds of solutions, we are going to try to fix the marriage penalty, we are going to lower the tax here, fix this, do that and have less of a penalty, oh, we think we have fixed it. I have gotten sick of hearing those messages. And I intend to have a bill filed in the next couple of weeks as soon as we get it back from legislative counsel. It is very simple. It just says, if you're married, then you have got a choice. You can file married jointly or you can file as a single individual, whichever is better for you. Boom. No marriage penalty. That's the end of it.
Now that is how you deal with a marriage penalty. You give people who are doing a good thing, being married, you don't penalize them, you help them.
And then we hear in the President's budget, his plan, we are going to disallow charitable contributions beyond a certain extent. It will be interesting to see how it ends up shaking out. But we are going to disallow tax advantages beyond that and allow that income to be taxed.
Guess what? If you are going to start taxing that money instead of allowing the charitable deduction for the full amount, you are going to get less charitable deductions. I have said all along that this President is a smart man. I think he is. I wish that he would leave the teleprompters alone because the things that we need and what we need to fix America will not be found in a teleprompter. I wish he would look us straight in the eye and talk to us.
In any event, if you are really, really smart and you are pushing to provide less tax incentive for charitable deductions, charitable contributions, you are going to get less of them. If you are really smart, you know that. You know you will get less. So what can you be meaning? What can your thoughts be?
Well, the inevitable conclusion is that you intend to have fewer charitable organizations because you intend to do all of the charitable giving by the government. That is the only conclusion that can logically be drawn. You think you're better at giving charitable donations to the right places than the American public could be, and that the government will do better with those donations, we call them taxes when they are to the government, than those charitable organizations will be.
As I have traveled around the world as a Member of Congress, I haven't done it but a few times, but what I see, the best work for individuals suffering in other countries doesn't come from the U.N. It doesn't come from the United States dollars. When the United States gives, it has to go through another country or through the U.N., and all these people get their cut of the action. And sometimes we prop up corrupt governments by trying to help their people. No, the best work gets done by charitable organizations that go straight in and help the people directly. That's where the greatest good gets done.
Now with this President's new budget, he is proposing to cut that back so the government will be the end all charitable donor. That is so offensive. That is so offensive.
I am delighted to be joined by one of the greatest Members of Congress that we have here. We were delighted when she joined our ranks a couple of years ago because this is someone who comes from the heart, incredibly sincere, and it is hard to beat somebody who is both sincere and very, very intelligent. I would yield to my friend, the gentlewoman from Minnesota (Mrs. Bachmann).
Thank you, and great points all. I was enjoying the points you were making.
But what came back to mind was the story about Davy Crockett in the House of Representatives. Some people don't know he was a representative, and yet there is a great story, a true story about him going back home to Tennessee and somebody, one gentleman just lowered the boom on him and was really fussing at him because Congress had decided to give money to help some business that had burned. The gentleman was telling Davy Crockett, if you want to help somebody or some business because it is a noble cause, give them your money, don't give them my money. And Crockett came back here and told about the incident as part of the Congressional Record, telling his colleagues: How about for once we don't just force the taxpayers to give up their money and give it to where we think it ought to go. If we think that this business deserves some charitable help, then let's give it out of our own pockets.
They took up a collection. Can you imagine if the debate here on the floor were along those lines these days, that the children need our help, so I'm passing the hat and would like for everybody to kick in their own money here on the floor so that we can help these children? No, that's not what we hear.
Thank you. Actually, I guess it was right at the end of 1 year, my freshman year here, there were so many of our friends across the aisle quoting Scripture. And it was being used in a way to say things like, well, Jesus said take care of the widows and orphans. And some of you guys, you want to just neglect the widows and orphans and help your rich friends. And others would say, Jesus said that we should be good Samaritans and help those less fortunate. Somebody else said Jesus had said to them that we're to love our neighbors as ourselves, ``the golden rule.'' When a lawyer asked him what is the most important commandment, he said, love your neighbor--those were the two, love God and love your neighbor.
But anyway, we were getting beat up over that, that we ought to be taxing people, taking from other people and giving to these folks that were in need. And I had to point out that night that Jesus never said go ye therefore, use and abuse your taxing authority to take somebody else's money to help them. He said, you do it. You do it. He was talking to the individual. He was talking to the individual heart. And the individuals who were supposed to do it, not go and abuse taxing authority, take somebody else's money, and yet that is what has happened. And a great example was Zacchaeus. Because if you look at what Zacchaeus did after he met Jesus, he went and cut taxes. Not only did he cut taxes, he gave rebates to those he over-collected from. And that is what would be called a tax holiday.
That is such a great point. And it goes right along with the corporate tax. We have people come in here and say the corporate tax is the way to go because these mean, cruel, greedy corporations, let them pay the tax. Well, if a corporation does not pass that tax on to its customers or its clients, then it goes out of business. So that is so deceptive. And I think it is so wrong to say, we all know in here we're going to stick it to the little guy, the guy that is just working and doing all they can to stay up, or the seniors who are on Social Security, we're going to stick it to them, but we can't just stick the tax to them any more than we already have, let's tax the corporation, and then they will have to pass it on. But it won't say ``tax'' when it's passed on because it's from us to them, and it's our way of sticking it to the little guy without them knowing.
But at some point the American public is going to wise up. And I've looked into this as well because there are some that say we need to erect tariff barriers and say, if you're going to sell stuff in this country, your country may be subsidizing this kind of thing, but we're going to put a tariff. Well, that triggers so many penalties. It would trigger a tariff war around the world if we did that. Whereas, what I have looked into is, what if we said we are not going to allow Congress to stick it to the little guy by popping the tax on the corporations that they have to pass on. Let's just say no corporate tax.
Corporations that have fled this country because of the high corporate tax rate have said, our manufacturing jobs will be back in America. The furniture jobs, even though labor is cheaper elsewhere, it would open them up. And some would say, well, that's subsidizing. But the nice thing is it would not trigger any penalty or any tariff war, no trade agreements, penalty provisions would be triggered by doing away with corporate tax so that the people in America wouldn't be taxed further.
But how much more insidious could it be than what President Clinton did as soon as he took office with a Democratic majority when he raised this massive tax on Social Security benefits? These people have worked their whole life, paying taxes on what they made, putting a little bit into Social Security, and actually they're only getting back about one- fourth to one-third of what they would have been if they could have put it into their own private retirement account. But anyway, here it is, they're getting so little as it is, and now you're going to put a tax on top of that? To me, that was pretty insidious. And it continues. There's talk about even possibly increasing the Social Security tax. I think it's outrageous.
We have been joined by my good friend from Iowa. It is always a pleasure, Mr. Speaker, to see him here on the floor. I yield to my friend, Mr. King.
I would yield to my friend from Iowa.
I thank Mr. King and I thank Mrs. Bachmann.
That's such a great point about energy. We have been blessed in totality with more natural resources in the United States of America, I think, than any other country. It's just been fabulous. And yet we continue week after week, month after month with the Democratic majority to continue to put more of our natural resources off-limits.
One of the things some of us have been advocating, and I have got my staff working on a bill we talked about yesterday that would be in conjunction with our friend Mr. Shadegg, with Senator Vitter, but we all agree: We want all-of-the-above energy. Use it all. But make sure we protect the environment. And that can be done. But open up the OCS to drilling. Put litigation on a fast track so they can't tie it up for 10 or 20 years and just keep repeatedly bringing them to court. But let's go use it if it's legal, if it's proper, and it will be if it's done right.
And then something that had been negotiated before that could be done is that the Federal royalty that could be obtained by leasing the OCS would be more than traditionally a property owner gets from leasing their land to produce oil and gas. Traditionally that's been one- eighth. One-eighth of the royalty is what the owner normally got. We could get at least three-sixteenths. We could split it with the States. We've got States coming up here like California saying, please, give us some money. I'm so proud they worked on their budget. They still need money.
You've got all kinds of money sitting in the vault, sitting in the bank, right off your coast. Use what you've got. If it's solely in the State's territory, it's yours. If it's out beyond that and in Federal territory, we will split the money with you. And then my feeling is, and this is what I've talked to the staff about in a bill, we'll take half of the Federal part of that because we should share it with the States, but then with our half, take half of that and devote it completely to research for alternative fuels. You don't have to tax anybody else. You don't have to add more costs to the already hardworking people that are paying to sustain this unwieldy government. But you could fund our own alternative research so that as things run out, we've got it.
And it's really beginning to appear very disingenuous, this stuff about the global warming, and that's why we are no longer hearing ``global warming.'' They're not using that term. They are using ``climate change.'' Climate change happens four times a year. It's the seasons.
I yield to the gentlewoman from Minnesota.
I yield to my friend from Iowa.
I appreciate my friend from Iowa's (Mr. King) help.
I would be willing to yield for any final comments to my friend from Minnesota.