PROVIDING FOR CONSIDERATION OF CONFERENCE REPORT ON H.R. 1, AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009 -- (House of Representatives - February 13, 2009)
Mr. MARIO DIAZ-BALART of Florida. Madam Speaker, we clearly need a stimulus bill, a bill that creates jobs. Unfortunately, the only thing that this is going to stimulate is more government bureaucracy and government bureaucrats. This will not help the economy.
Let me add some ammunition.
Only $3 billion, which is one-third of 1 percent to help the job creators to stimulate small businesses. One-third of 1 percent for small businesses that are the job creators? And yet, it's going to add $9,400 for all of our American families in debt; $9,400. Less than 7 percent of the money goes to infrastructure. That's shameful.
You know, this House debated recently the TARP bill to try to cover itself for the embarrassment, the embarrassment and lack of accountability of that TARP bailout bill. This is just the ``Son of TARP.'' We're going to be embarrassed. It's not going to help the economy like it's supposed to, and we're going to read about the scandals.
Please vote this bill down.