congressional_record: CREC-2012-12-31-pt1-PgH7476-3
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| granule_id | date | congress | session | volume | issue | title | chamber | granule_class | sub_granule_class | page_start | page_end | speakers | bills | citation | full_text |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CREC-2012-12-31-pt1-PgH7476-3 | 2012-12-31 | 112 | 2 | 158 | FACTS THE AMERICAN PEOPLE DESERVE ABOUT THE FISCAL CLIFF | HOUSE | HOUSE | ALLOTHER | H7476 | H7476 | [{"name": "Pete Olson", "role": "speaking"}] | 158 Cong. Rec. H7476 | Congressional Record, Volume 158 Issue 171 (Monday, December 31, 2012) [Congressional Record Volume 158, Number 171 (Monday, December 31, 2012)] [House] [Page H7476] From the Congressional Record Online through the Government Publishing Office [www.gpo.gov] FACTS THE AMERICAN PEOPLE DESERVE ABOUT THE FISCAL CLIFF (Mr. OLSON asked and was given permission to address the House for 1 minute and to revise and extend his remarks.) Mr. OLSON. Madam Speaker, I want to give the American people seven facts about our fiscal crisis. Fact number one: we have a $16 trillion national debt that's expected to go up to over $22 trillion before President Obama leaves office. Fact number two: Washington's problem is not revenue. It's uncontrolled spending. Fact number three: in less than 14 hours, automatic tax hikes will give Washington more money to spend. Fact number four: the nonpartisan Congressional Budget Office says these automatic tax hikes threaten to put us back into another recession. Fact number five: the House has done its job to avoid this crisis by passing a bipartisan bill to stop the tax hikes. Fact number six: the Senate, with the President's approval, has refused to take up this bill. Fact number seven: we've done our job in the House. It's time for the Senate to do their job before the clock strikes midnight. ____________________ |