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.”
Congressman Phil Gingrey, MD
Floor statement in opposition to H.R. 1
I rise in opposition to H.R. 1, the American Recovery and Reinvestment Act of 2009, the so-called “Stimulus” Package.
This is yet another sad day for this House. Once again, this Congress is about to spend more money that we do not have on a very uncertain economic plan.
Over the past few months, the American people have watched as this Congress and the Executive Branch have burned through billions, soon to be trillions of dollars in stimulus and bailouts—with little to no financial accounting and with an economy still hemorrhaging jobs.
This Congress can continue to spend, and spend, and spend money in the name of saving the economy—but Madam Speaker—where are the results?
Additionally, I am very concerned about the process in which H.R. 1 came to the floor, Madam Speaker. Three committees marked up their respective portions of this stimulus package and reported to them to the House. In the Energy and Commerce Committee’s mark-up, Republican amendments were adopted and yet did not appear in the bill we are considering now. Despite calls for bipartisanship, this process has been anything but bipartisan—and in truth, anything but fair.
Now, I am not deaf to the words of my colleagues on the other side of the aisle—who keep saying that time is of the essence. I have even heard the phrase “our house is on fire, and we have to get some water.” Well, I would caution my colleagues against moving too quickly and doing so carelessly—or else we may find that it is gasoline and not water that we are pouring on this fire.