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A Dozen Fun Facts About the House Democrats' Massive Spending Bill

Floor Speech

Date: Jan. 21, 2009
Location: Washington, DC
Issues: Government Budget and Spending


A DOZEN FUN FACTS ABOUT THE HOUSE DEMOCRATS' MASSIVE SPENDING BILL -- (House of Representatives - January 21, 2009)

Ms. FOXX. Madam Speaker, much is being said about the proposed "stimulus'' package that is being considered by the Democrats right now, but I think we need to talk a little bit about the facts of the matter.

As others have said, the government, in this case the Federal Government, cannot give to anyone anything that it does not first take from someone else. So here are some of the facts about the proposed stimulus:

It will cost each and every household in America $6,700 in additional debt paid by our grandchildren and children. This legislation will spend about $275,000 per job if the stimulus package creates or saves 3 million jobs. The average household income in the United States is $50,000 a year. The House Democrats' bill provides enough spending, $825 billion, to give every man, woman, and child in America $2,700.

There are many more facts about this bill that need to be presented, and we will be doing that in the next few days.


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