About This Video
Title:
Published: Fri, 10 Jul 2009
Description: Rep. Michele Bachmann on the stimulus!
Automatically Generated Transcript (may not be 100% accurate)
" What we're doing is using authority the congress gave us authorities it was designed to help protect this the American economy from these reclaiming my time mr. secretary what provision in the constitution could you point to."
" To give authority for the actions would have been taken by the treasury since. March of 08."
" Oh with a that the congress legislated in the emergency economic stabilization act a range of very important new authorities are in the constitution. What the what and the constitution could you point to. To get -- give authority to the treasury for the extraordinary actions have been take every action that the treasury and the Fed and the FTSE is. Is is in using authority granted by this body by the by the congress."
" And -- in the constitution what could -- point under the laws of the land of course. And that if a packet moves to try to reserve chair if you could point to what provision in the past."
" What a model of patients congresswoman -- welcome back to -- the judge."
" think -- about that high grade Kevin from two men that I have high respect to her cards for being."
" Thanks and now let's talk about of the stimulus first off it looks like the State's 39 states are paying their bills meeting payroll not starting project."
" Does this show this stimulus package isn't working."
" I'll not only isn't working yet making the problem -- here we want fiscal an opportunity critique thirty companies mentioned grant. To be able to actually want their economic house in order state people question that we spoke project presidents -- the federal government can't get. Fully funded the a lot of that we could not -- It does state. That's not the monster out there monitoring is more more more as we all know. The federal government has just been propped up by -- 25%. Incur. And that's the direction that the Democrats are taking."
" Even vice president Biden congresswoman. -- and acknowledges that the stimulus is not working governor Ed Rendell Democrat of Pennsylvania former chair of the Democratic National Committee. Said yesterday it is working even he admitted that the money that. Goes to Pennsylvania than just put in the treasury to pay their bills they haven't used it to create new projects. Or or adding new jobs but when you have the numbers up. It's staggering that they think they can still keep spending the Bush Administration spent 700 billion last July the 1600 dollar checks they sent the people that did nothing. The Bush Administration spent another 700 billion and -- The Obama administration's authorize 700 billion in stimulus in February it's only spent 10% of it. Now the talking about another stimulus and on top of that a one trillion dollar bill for national health care where these people think the money will come from."
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