Hoyer Floor Statement on Short Term Continuing Resolution

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i thank the gentleman for yielding and i've now heard, watched on television now, i've been on the floor with two members from georgia, both of whom are brand new to this body, who are talking about history. i want to tell my friend from georgia a little bit of history. i've ben here 30 years. i've -- i've been here 30 years. i've served some 20 of those years under republican presidents. every one of them has run a deficit of $100 billion or more. in fact, during that cumulative period of 30 years, notwithstanding the obama administration, i'll discuss that in a second, mr. reagan, mr. bush i and mr. bush ii ran deficits of over $6 trillion that they signed the bills to spend. over $6 trillion. bill clinton was president for eight years, the last four years we didn't raise the debt at all, unlike every one of the republican administrations where we raised it on a regular basis. not at all during the last administration. the last four years of mr. clinton's. and he ran the only president in your lifetime, and mine and i'm older han -- than you are, a $69.2 billion surplus. look it up, no argument, but let me say something. irrespective of who's responsible, we are responsible for fixing it. republicans and democrats, the american people know that we have a crisis confronting us. they know there is no option other than to deal with this realistically. i would call everybody in this body, republican, democrat, liberal, conservatives, attention to an article that was written by david brooks today in "the new york times." read it. read it. we all ought to read this, take it to heart. i call it to my conference's attention or caucus' attention this morning. our deep debt is a serious danger to our economy. to our future and our children's opportunities. the american people want us to bring the debt down, they said so very loudly. and i doubt there's a member who disagrees. democrats believe that spending cuts are part of the solution, let there be no mistake. we need to cut spending. but we also believe that those cuts must be smart and targeted, not pegged to an arbitrary number. one of your staffers, when you put the pledge to america, came forth with a figure, $100 billion. that's a nice, round figure. $100 billion sounds good. good p.r., good spin, $100 billion. read david brooks, no ta analysis was given to that figure, no figures were held on that figure. nobody could testify on the cuts that were proposed to reach that figure. we have to cut the spending, we can do without some spending. not the vital investments, however, that are helping to grow our economy, helping our private sector innovate and creating the jobs of the future. during the clinton administration i will tell my young friend from georgia, 22 million new jobs. during the bush administration we lost eight million jobs. 30 million job turnaround. that's why there was so much spending on which mr. rogers spoke. $700 billion of that was asked for by the bush presidency, secretary paulson and mr. bernanke. so that we didn't fall into a depression for the first time since herbert hoover. this president has been trying to bring us out and frankly is succeeding. unfortunately the republicans passed a spending bill full of short-sighted and indiscriminant cuts. do we need cuts, yes. do we need short-sighted and indiscriminant cuts, no. just over a week ago you would cut billions in energy and medical research, kick 200,000 children out of head start, make college more expensive and stop 21st century infrastructure projects in 40 states. that's what mr. zandi was talking about, that's what goldman sachs is talking about. cuts like these could cripple america's competitiveness and job growth. according to moody's analytics' chief economist mark zandi, republican cuts would cost america a total of 700,000 jobs. the economic policy institute puts it at 800,000. rather than such job destroying policies, both of us, both parties need to come together and reason together. frankly the american public doesn't care who works with whom, they just want it to work. this is no way to fund the largest enterprise in the world on 14 day cycles. the gentleman criticized us for doing it. we should have been criticized, but let me tell my friend when he didn't mention, one of the reasons we did it, can i have an additional minute? the speaker pro tempore: the gentleman is recognized for one additional minute. mr. Hoyer: we could not get 60 votes in the united states senate. in order to move a bill forward. keeping our government running is vital to our economy. none of us should want to shut down the government. it is also vital to the millions who rely on government every day , the sooner we can agree on a long-term package of smart cuts, not reckless, arbitrary job-destroying cut, the sooner we can stop funding the government in disruptive two-week incements. the gentleman was correct, we ought not to do that. we need to pass a seven-month funding so the government and all who rely on the government, who work for the government, who have contracts with the government, can rely on some certainty. you've talked a lot about certainty on your side of the aisle. you're absolutely right. we need certainty. the business community needs certainty. individuals need certainty. and the government needs certainty. rather than passing two-week continuing resolutions, i urge republicans and democrats to work together on a long-term solution in this case, long-term is seven months. to reduce spending, to help balance our budget and to try to bring rashality to this process -- rationality to this process. we cannot, my friends on the republican side of the aisle and the democratic side of the aisle, continue to look at 15% of the budget and expect us to get to where we need to be from where we now are. and i yield back the balance of my time.