Gingrey votes “no” on bloated stimulus
Supports more immediate stimulus plan
U.S. Congressman Phil Gingrey, MD (R-GA) today voted against H.R.1 – the Democrat American Recovery and Reinvestment Act of 2009. Unfortunately, the $825 billion dollar bill was approved in the House today by a vote of 244 to188, without one single Republican vote. Gingrey joined his Republican colleagues in saying “NO” to a plan that is unlikely to stimulate the economy but will ultimately add more than a trillion dollars to the national debt.
“This is a non-stimulus stimulus plan. It’s really a Democrat wish-list cloaked as a plan to fix the economy,” Gingrey said. “If President Obama, Speaker Pelosi, and Harry Reid really want to turn this economy around, they would enact H.R. 470, the Republican Economic Recovery and Middle Class Tax Relief Act. Our Republican alternative would provide an across the board income tax cut of 5%, repeal the Alternative Minimum Tax, increase the child tax credit, cut the top corporate tax rate, make the Research and Development tax credit permanent, and save money through a 1% across the board cut to all non-defense federal discretionary spending. To restore our economy and spur real job growth, we must put taxpayer dollars back into the hands of taxpayers and their businesses.”
Below, please find the video, audio and text of Congressman Gingrey’s remarks on the House Floor in opposition to the Democrat stimulus proposal. To watch the video, click on the link below, or paste the link into your web browser.
I rise in opposition to H.R. 1, the American Recovery and Reinvestment Act of 2009, the so-called “Stimulus” Package.