Mr. Speaker, if the gentleman would yield, pull it out. I missed my colleague. My wife made me get it. August 22 it will be 1 year for me. God bless. Mr. Speaker, I think all of us were very excited about the announcement of Senator…
Mr. Speaker, if the gentleman would yield, pull it out.
I missed my colleague.
My wife made me get it.
August 22 it will be 1 year for me.
God bless.
Mr. Speaker, I think all of us were very excited about the announcement of Senator Edwards to join Senator Kerry on the ticket, and I think it illustrates the kind of excitement that is going to be around in the fall. I mean, I think it is going to be an exciting election, and we have to celebrate not only what party we stand for but I think process in general, the fact that there is going to be a great election; and Americans are going to get to decide whether or not the President who has been in charge for the last 4 years is going to get rehired, or if he is going to get ``Donald Trumped,'' and we are going to ask somebody else to come in and take over and set us in another direction.
I think what we have been trying to do here is try to articulate for a lot of the people, not only those people who are 30 or 20 or in college or in high school or affected by the No Child Left Behind, but also to say to other Americans who are concerned about the future of this country that we are going to have real debate.
And I think, from the e-mails we have received, and from the comments that we have heard and the calls we get at our office, people have appreciated the fact that my colleague and I are not personalizing this. This is not personal, this is business. This is my colleague and I discussing issues that we believe in and the direction we think the country should go in, as opposed to the direction that I think the Republican Congress, the House and the Senate and the Republican White House right now, wishes the country to go in. I think there will never be a clearer choice in any election as to where we want to go and where the Republicans want to go.
This is our e-mail here: [email protected]. That is the number 30, the word something, the word dems, D-E-M-S, at mail dot House dot gov. We have been getting some great e-mails, from both of the parties.
I listened to my colleague's opening statement and the one issue I think we need to touch on, there was an article today in The New York Times. Paul Krugman did an opinion editorial and he talked a little about the Bush boom and how the tax cuts that President Bush initiated and passed and pushed through this chamber and also through the Senate has peaked. And I thought it was very interesting.
We had moments in November, December, January, February, some early parts of this year where we actually thought we had some job growth. Things were starting to come along and we thought the economy was starting to turn around. Now we have recognized that the job growth has slowed. It is still growing, but it has slowed from previous months. And not only has it slowed down, but the unemployment rate is still at 5.6 percent. So it has not changed. There are still thousands of people who are no longer actively seeking to find work because they know the job market is so slow.
So here is the point I want to make. We had two choices in this country after 9/11 with all the tax cuts. We had two choices: Are we going to try to get some short-term political gain with this trickle- down theory of economics that was proven that did not work in the 1980s, or were we going to continue with the Clinton-era balanced budget, invest in education, invest in health care, invest in the American people and allow them to go out and grow the economy? We chose the former, which meant tax cuts, tax cuts, tax cuts, and primarily to the top 1 and 2 percent of the people in the country.
The theory was that they would begin to take those tax cuts and put it back into the economy. But when we look at the statistics, corporate profits after tax are at the highest level compared to the GDP of the economy than they were since 1929, since they started keeping track of this stuff. So if you are a major player in a corporation, you are doing great, sending jobs to China, move the headquarters to Bermuda, where they do not pay any taxes there, they pay no wages in China, and they take the money and put it in their pocket.
And what do they pay in taxes?
So the company that gets the most money from the homeland security budget.
Yes, and it is the same exact situation. We have given these companies free rein. We do not object to people wanting to make money. If you can go out in the economy and do well for yourself, God bless you. That is what America is all about. However, you are not here to manipulate the system, and that is what is happening right now.
We have these corporations, as we said, they move the headquarters to Bermuda, they do not pay any taxes, they move the production manufacturing site to China, they do not pay anything in wages or in environmental. OSHA. There is no OSHA in China. There is no safety and occupational hazard prevention in China. That does not exist. So you take advantage of the workers there, you take advantage of the tax system here, and you reap the benefits of the profits. Then you take the profits and you put them into this place, into the Congress, and you keep getting the same kind of deals over and over and over. And who is losing? The average people who used to be able to make a middle class wage in the country. They used to be able to afford health care.
I want to mention to my colleague a study that the Toledo Blade paper in Ohio, in Toledo, Ohio, has been doing.
They noted for the average American family, with a median household income of $42,409, average median income $42,409, that they have seen increases in their premium payments, this is a family of four, go from $6,348 to $9,086, which is a $2,738 increase from the year 2000.
Now, I know a lot of companies back in my district that are now renegotiating their contracts and their proposals are zero percent increase in wages in the first year, zero percent wages increase in the second year, zero percent wage increase in the third year, and then maybe in the fourth and fifth year there will be some increase. But imagine if you are in a family of four that is making $42,000 a year, very little disposable income, and you may be trying to send your kids to college and over the last 3 or 4 years you have an extra $3,000 a year after taxes that you have to pay in health care increases.
This Congress has done nothing to address health care. And if there is an issue that needs to be talked about this fall for this election, it is health care. We have done nothing to control the prices of prescription drugs. Two things we tried to do during the Medicare bill, and I realize this will not affect everybody, but the Democrat proposal was we wanted to negotiate health care prices with these big major drug companies. We wanted the Secretary of Health and Human Services to go to Pfizer and all the big drug companies and say to them, if you want the Medicare contract and the $500 billion that we are going to spend, you better sit down and talk price with us. We want a discount for the taxpayer, for God sake. Right? We wanted that.
And then we wanted reimportation. Let us free trade pharmaceuticals. We free trade cars, textile, steel, everything in the world we want free trade, but when we tried to impose at 3 o'clock in the morning the free trade pharmaceuticals, no one wanted to talk about it. So we are not controlling prices, we are asking the taxpayers to spend an extra $500 billion, and we have done nothing in the market to somehow try to fix a $2,700 increase for a family of four making $42,000 a year. Nothing.
And we have to listen to some Members from the other
side of the aisle, they are talking about how the Democrats, they want to keep spending. The Democrats are tax and spenders, and we sit here and scratch our heads because if Members have been paying attention, Republicans took control of this Chamber in 1994 with Newt Gingrich. They have had the Senate and have had the White House for 3\1/2\ years. They are spending like drunken sailors, and all they can say is look at the Democrats spend; all they do is tax and spend. It is not us.
Mr. Speaker, we were the ones trying to pass the pay-go provisions which mean if we increase spending, we have to raise taxes on millionaires or we have to find another program you want to cut. Pay as you go. We were trying to get that in here. It was the Clinton budget in 1993 that balanced the budget, that invested in the proper programs.
President Clinton said ``save Social Security first'' from that very podium. Play it smart, do not spend money you do not have. I think that is one of the issues that we have talked about early on, and more so last year than this year, but all of these tax cuts that we have been given which are great, and I know a lot of people who have benefited from the tax cuts, and God bless them. But when we look at the government's financial position, we have borrowed that money. We did not have that money. There was not a surplus here that we said we have billions of dollars, let us give it back and let the American people have it. We went out and borrowed that money. So we borrowed it and gave it to primarily the top 1 or 2 percent. Then we have to pay interest on it. So really we borrowed it, we are paying interest on it and gave it to rich people who are not investing it back into the economy for the most part. Because we borrowed it, we have to pay the interest on it so there is not really a tax cut, there is a tax shift. So the next generation of Americans, they are going to have to pay this bill that we have left here.
We have almost a $600 billion annual deficit for the past year. That is getting rolled into our $7 trillion debt that we have. So almost 20 percent of our annual budget that we pay down here is interest on the debt that we have. So if you keep accruing this big debt, you have to keep taking tax money to pay it off. Who is lending us the money? Japan and China are lending us the money. So it is not bad enough that we are borrowing it to give it to the top 1 percent, it is not bad enough that we are borrowing it and paying interest on it, we are borrowing it from the Chinese and the Japanese who are taking the interest money, and they invest it in their factories because a lot of their factories are state owned.
So the state takes the money that we borrow from them, and they invest it back into their company and steal our manufacturing jobs. Their economy is booming, and they are doing it with our tax dollars. It makes no sense. Until we get it right down here, we are going to continue to erode the middle class of the United States of America, our cities, like Youngstown, Ohio; Warren, Ohio; Akron, Ohio; Cleveland, Ohio; Toledo, Ohio, these areas which have seen their manufacturing base erode. They have to keep passing police and fire levies. They do not have the tax base. Mental health levies keep going down. We have people that need mental health treatment but they cannot get it because we cannot pass a tax.
All I am trying to say here is let us be responsible, let us take a step back, look at the big picture, not self-interest but what is in the best interest of our society. I believe if we would have taken the Bush tax cut, made sure, like Senator Kerry wants to do, take billions of that and give it to the States where they have to use it at the universities to lower tuition prices, double Pell grants, this is long- term economic planning for us. We do not have it right now. It is frustrating.
I have one here from 40-something.
And this is a clear difference of opinion, and I think the administration has clearly articulated where they want the country to go. And I want to share a statistic that I think I have shared here before.
When I was in the State Senate in Ohio, the University of Akron did a study; and the study was amazing what the impact of State support for higher education was. And the study came back, and it said for every dollar, because in Ohio we were going through the same kind of budget cuts as everyone else, and the legislature at that time and the Governor at that time, still do, are going after the big pot of money that is going to the universities.
So the study came back. The University of Akron did a study. It said for every dollar that the State of Ohio invested in the higher education, they would get almost $2 back in tax money, basically because a high school diploma, a worker with a high school diploma would make about $20,000 a year average. Someone with a college diploma, with a BA or a BS, would make on average 35 or $40,000 a year. So this person who had the college diploma would pay double in taxes and then go on probably to get a master's or something else, and then you would pay even more in taxes, income tax, sales tax, property tax, the whole nine yards.
So from the State's position, every dollar you invest, you get almost $2 back in tax money. That is a good deal. That is a good deal, because you are investing in the long-term growth of your economy. It is that person with the bachelor's degree. For the most part, there is always exceptions, and I am not saying you have to go to college to be successful, because you do not, or have a college degree to be successful, because you do not; but on average those people will be out in the economy creating jobs, being entrepreneurs, developing the new technology, the new economy that needs to grow, which we do not even know what it is yet.
And so the best thing that we can do now is just educate a lot of people and let them go out into the economy, support them with business incubators, worker retraining, small business loans; let them go out into the economy and create and manage new, alternative energies and on and on and on and on. That is a whole other story, but my point is that what do you want? If you are sitting at home right now in Ohio or somewhere across the country, what do you want? What would you rather have, a government that is saying we are going to invest in you and in your children, in their college education so that they will eventually become taxpayers? Or do you want a check for $300 from the Bush tax cut, while your property tax goes up, while they have to pass a police and fire levy in your city, while your tuition increases go up. I know in Ohio they have gone up 9, 10 percent, 3, $4,000 over the last couple of years.
And then when you look at the health care, up $3,000. There are certain things that we can do together as a country, as a people, as a Congress, that we cannot do on our own. You cannot build a hospital on your own. You cannot build a road on your own. You cannot build a school on your own. There are certain things that we need to do as a country, and one of the things that we need to do is to make sure that everybody has an opportunity to go to college, because it will benefit everybody, and in the long term we are all going to benefit.
What I want the American people to know from my perspective is that the difference is the short-term, $300, here is your check, government is, you know, giving you something back, which is great and I think a lot of middle-income people need that, and I think we should support the child tax credits and eliminate the marriage penalty, my own opinion; but to give millionaires a hundred thousand dollars back at the expense of veterans, investments in education and all these other things.
I mean, for example, and I am going to finish here, when we tried to come here about maybe a couple of weeks ago, maybe 3, 4 weeks ago, and we wanted to say the gentleman from Wisconsin (Mr. Obey), the ranking Democrat on the Committee on Appropriations, tried to pass an amendment, and he is the Democrat. We tried to pass an amendment that would rescind the tax cuts for millionaires. The millionaire worker would still get $23,000 back from the Bush tax cut. So we did not completely eliminate the tax cut for him, but we reduced it in order to fully fund veterans, fully fund No Child Left Behind, fully fund college education, reduce the cost of tuition, double the Pell grants, the whole nine yards, invest in health care, provide more coverage for children, and it went down.
And I think that, if there is one vote over the last 2 years for this Congress, that will be the vote. Were you going to stand here and vote for millionaires and make sure that these programs are not funded, or are you willing to say we need a certain percentage of that tax cut back, because the long-term interests of the country are at stake? And I think those are going to be clear votes that a lot of people will hear about, and I just think it was an opportunity for all of us to straighten up this budget, the problems that we have been having, and invest in our country. And we did not do it, unfortunately.
And this is not a partisan issue.
And let us be clear. Go to the board of elections, and they will tell you you cannot and you say, yes, I can. Do not take no for an answer when you go to the election board, because they just do not know. They are misinformed.
Rockthevote.com.
Well, I want to say, too, you were talking about college education, and we only have a few minutes left. One of the studies that was done here, they are calling it the ``Boomerang,'' and this article was on ``CNN Money.'' It says study hard, get into a good college. Graduate. Move back in with Mom and Dad; 61 percent of college seniors plan to return to their family home after graduation, according to a survey taken this spring by monster.com. Sixty-one percent. So I think that illustrates the trouble we are having with the job market, the failure to invest, the failure to invest in science, the box that this administration has put us in.
You said you wanted me to say it, but now you are cutting me off.
Yes. Have you seen that one Cellular One commercial, with the first kid in their class to get a job, and all the other ones are home not working yet. It is a funny commercial. Pay attention. You need to see that.
It is good. [email protected]. Send us an e-mail.
I am going to read you one real quick from a Daniel Spitsburgh in Pennsylvania. He says, ``I saw the e-mail address on C-SPAN on June 22. My name is Dan Spitsburgh and I am a registered Republican. I fall into the 1 percent sub-class of voters who are totally undecided and will probably decide who to vote for immediately before the election.'' He is a Penn State student, considers himself right down the middle, ``waiting for someone to go out and grab our vote.''
They are concerned about the present circumstances in the Middle East.
``Don't forget the college voter. They are often the most spirited, live most densely around others and are most able to attract support. We are concerned that we just want the best for our country. Thank you, Representative Meek and Ryan. If there is any way to get involved in the election process or any literature, please let me know.'' Signed Dan.
We also have one here, ``I am a 40-something conservative Republican, who watches you and I, which is interesting, is it not? A 40-something.
``Thank you both for speaking honestly and not being mean-spirited in the talk about our President and other Republicans. The growth of Federal spending also concerns me. I agree in general concept with your ideas you spoke about. We all want what is best.'' But a Republican concerned about Federal spending.
The one I want to end on here, ``Dear Members, this is a note to ask for help in getting a state of emergency declared for the unemployed.'' State of emergency. He is a union member. ``Talented trades and craft union people are proud, hard-working, well-trained people who seem to always have work. Things have really slowed all over the country or gone to low paying, no benefit, nonunion contractors. We serve 4 to 5 year apprenticeships to learn our jobs properly as well as yearly updates to stay current, and we don't need to retrain.'' He says, and this is interesting, ``I wish you would look into this matter, as time is crucial. We need your support right now. We union folk are in great numbers and a little help from you could mean a lot.''
These are people that are out struggling. And the CEO of Aetna, and I do not know if you saw this quote, the CEO of Aetna said, ``We are pretty sure that the jobs that are going to be created will not have health care benefits associated with them.''
So talk about two Americas. I mean, literally, you are going to have millions and millions more than we have now of people who are going to be without health care. There is not a bigger stress that you could have as a parent than thinking, I cannot take my kid to the clinic, I cannot take my kid to the doctor, to the hospital, because I cannot afford it, and then when you do go, you go to the emergency room. That is no way.
I think we do have universal health care in this country, but it is just administered through the emergency rooms, and that is the worst way to do it, it is the most inefficient way to do it, and it is the most costly way to do it. Instead of providing the prevention up front, which would save everybody money in the long run, we wait. Instead of going to the doctor with a cold, you go to the emergency room with pneumonia, and it costs the taxpayers a lot more money. It just is a bad way to administer. So, [email protected], wrapping up another edition.
I want to say hello to my cousins that are in town, actually aunt and uncle, Jimmy and Tammy Schick, who are here, who took me out to dinner tonight, it was very nice, my wife Julie's aunt and uncle.
So, that is it.