Mr. Speaker, I rise in opposition to the rule and to the underlying bill, but it pains me to do so. As the Record will reflect, I, and most of my colleagues in this body, have supported repeated extensions of unemployment benefits. And as…
Mr. Speaker, I rise in opposition to the rule and to the underlying bill, but it pains me to do so.
As the Record will reflect, I, and most of my colleagues in this body, have supported repeated extensions of unemployment benefits. And as I told my constituents yesterday, I was anxious to do so again.
American families are hurting. This economy is struggling in the aftermath of the worst recession in a quarter of a century. And as my colleague just suggested, this economy is also struggling in the midst of the failed economic policies of this administration and this Congress.
Millions of American families are struggling to make ends meet. Since the passage of the so-called stimulus bill, 2.6 million jobs have been lost, and unemployment hovers near 10 percent.
So I was anxious to be able to come to this floor before heading home for the Independence Day break, having supported an extension of unemployment benefits. But I rise in opposition because I think what the American people expect us to do is what they've been doing at kitchen tables and sitting around desks and small businesses and on family farms, and that is making the hard choices.
We can provide an extension of unemployment insurance benefits in this Congress, and we can make the decisions to pay for it. And I'm sure it is a mystery to millions of Americans that will be looking on as to why we didn't even try. This Democrat majority, after adopting so-called PAYGO rules, after hearing from so-called fiscal conservative Members of the Democrat majority early in this Congress about how we were going to pay for what we spent, has waived their own PAYGO rules to add $34 billion to the national debt. And I just have to think millions of Americans are asking why.
There are any number of actions that we could take, decisions we could make, reordering our priorities to provide for the families at the point of the need here.
The gentleman from Ohio just said that many of us in the minority were saying that we can't afford to extend unemployment benefits. We can afford it. But at my kitchen table when we say we can afford something, it means
we can afford to pay for it. Not just simply--when my wife comes to me and says, I want to make a major expenditure, I say can we afford it? That means can we pay for it. Here it just means getting out the credit card of our children and grandchildren and running up the national debt by $34 billion.
I also rise with a heavy heart in opposition to this bill because we are here extending unemployment benefits again because the economic policies of this administration and this Congress have failed. Would that the economic policies of the so-called stimulus had worked. The President said we needed to borrow about a trillion dollars from future generations of Americans a year-and-a-half ago or unemployment, he said, that was then 7.6 percent, would go over 8 percent. Now it's 10 percent on average around the country, and higher, as has been said, in many jurisdictions.
Remarkably, yesterday the President of the United States goes to Racine, Wisconsin, a place that has a 14 percent unemployment rate, and he made these comments. He said, Things just aren't as bad as they could have been. There could have been a catastrophe. And in that sense, the stimulus worked. The President of the United States yesterday in Racine, Wisconsin, said the stimulus worked. And then remarkably he went on to suggest that the Republican leader in Congress was out of touch.
It's mind-boggling that at a time when so many--I mean what would this administration and this majority say to a father who's been struggling to make ends meet, who has been borrowing money from family members to pay the mortgage because he can't find work? What would he say to the word of the President of the United States that ``the stimulus worked''? What would the single mother say who has been out of work persistently, who has applied for dozens and dozens of jobs, and has gone deeper and deeper in debt during these difficult times? What would she say to word that the stimulus worked?
The reality is that we have got to bring new ideas to bear on this economy. The American people know what's necessary to get this economy moving again. It's fiscal discipline in Washington, D.C., and it's fast-acting, across the board tax relief for working families, small businesses, and family farms.
What we hear from corporations across this country is that there is over $2 trillion in idled capital. We need to release the inherent power in this economy. We need to restore the confidence of capital markets in our commitment to fiscal discipline in Washington, D.C. And we can do all of that today and meet the needs of families struggling with unemployment.
By passing a fiscally responsible extension of unemployment insurance, we would send a message that we get it. We know people are hurting, we know the policies aren't working, but we want to practice fiscal responsibility. And for heaven's sakes, let's stop saying the stimulus worked. Let's try some new ideas. Let's come together across this aisle and do what's necessary to get America working again.