Tax Cuts, Not Handouts

Floor Speech

Tax Cuts, Not Handouts

Mr. McCAUL. Mr. Speaker, I rise today to bring to your attention a Trojan horse for billions of dollars in pork spending under the guise of a stimulus. This $1 trillion bill is designed to spend taxpayer money on programs that have nothing to do with creating jobs. It takes a step toward government-controlled health care and takes limits off of welfare spending to create endless handouts.

This should be about creating jobs, not about making work. We can do this with long-term, meaningful tax cuts. The President's own economic advisers say the Republican plan will create twice the jobs for half the cost.

We cannot spend our way out of debt. The nonpartisan Congressional Budget Office says that long-term, this bill will cause more harm than good. Yet Democrats intend to spend the equivalent of $1 million a day for the next 3,000 years. The hardworking people in my district are also hurting from this economy. But under this bill, their tax dollars will only dig a deeper hole for us to climb out of.

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