Stimulating Talk!

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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questions. Because if you remember that the all the remarkable I am Tim Geithner and have occurred here cheered. All. I'm taking United States off of the dollar and putting her apartment international global currency Yunel -- back at Russia China. All for India Brazil Africa. Numerous nations are asking that legal but the international global currency -- be able to bring that subject up at the upcoming G twenty. Now here and more people the Treasury Secretary and current literature says that they categorically -- it adds that President Obama -- hell yeah today. It and addressed for the count on Foreign Relations Treasury Secretary Geithner at the apple he contradicted themselves. People that he would be open to China's suggestion. It will be in the United States in the International Monetary Fund our food we would be drawn down -- Did it theory concerning once the United States moved off of the dollar moved into an international global current -- I have now. Get over our economic liberty over yet

I wanted to get what are we making it dramatic turn in United States -- economic freedom and liberties. Are we turning away from free market capitalism. Are human branch. RRR and Jennifer and Matt and and bad debt are we embracing. Centralized economic plan and it appears that that we're doing I'm standing here right now in the Rayburn building. I just stepped out. Treasury Secretary Tim Geithner -- who might financial -- that committee right now. He is asking and really President Obama asking for the plot an expansion

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by saying that comes with -- ill grace from rob to call Senator Obama for proper. Senator McCain was against the action actually didn't notice that. As Senator McCain as Senator McCain earlier this year in California since he was against offshore drilling now his fourth. The senator Obama's position is very clear the Second Amendment is an individual right there's no question about that. Is doesn't have a limitation sure

message that actually the polls in Pennsylvania very good right now the senator Obama's up by double digits. And the reason is his economic message he's starting to come through. Pennsylvanians care about their budget even more than the budget Washington and people are starting to learn for example the amount of tax cut. We'll give them three times as much money is the McCain tax cut if there ordinary working families. So things like that senator Obama's position on the home mortgage crisis. Of those things are starting to resonate with those blue collar voters who are feeling the

Well Chris first Ohio and Pennsylvania are similar in that regard Senator Clinton did very well on Pennsylvania partly thanks to Ed Rendell. Partly thanks to a lot of those voters feel much more comfortable with the position she took the Senator Obama . Who among other things does want to raise taxes he wants to raise taxes on everything. From Social Security to investment income member of a hundred million people out there including a lot of those working class pennsylvanians in -- and who do have capital gain income in fact about 25%. Of those folks make less than 50000 bucks a year so they do care their taxes are gonna go up there worried about that. Seniors -- disproportionately have dividend income they're going to see their taxes go up under Senator Obama . This is a fragile time in our economy and people are nervous about it and for a lot of good reasons. It's not the time to put in place the biggest tax increase we've ever seen so I think -- people are nervous and they're worried and I think a lot of those voters are are likely to. Stick with Senator McCain as the polls are showing now. This week we had a town meeting inside that in -- remain Qaeda wanna. Congressman let

this country if you're in the 80% down. In terms of income senator Obama's tax cuts will put more money in your pocket -- senator McCain's that's somewhat. Number two Senator Obama has a good position on trade he wants to see fair trade not just free trade. But fair trade he wants to

there and -- the Bill Clinton fashion. And making great case for Senator Obama as our next president.

No I I don't think so what Senator McCain was talking about is that. Late last year and again this year Senator Obama did support the gun. Fan in DC and now it seems to have changed his position on that -- McCain indicated he's

Well first of all John McCain has switched positions on all of things it made independents and moderates and even some Democrats like myself. Think that he was a new type of Republican. These are core issues of tax cuts who couldn't stand on the bush tax cuts given the economy we have today. But John McCain has for political advantage. Barack Obama if you take for example wiretapping. He hasn't changed is mind he believes it should be sanctions against the private companies who allowed individual Americans be wiretapped. He just voted for that bill because he thought to build and other things he's going to Sheikh. Those sanctions later on in the Senate. So a couple of things that you say or change of positions are new and and me and my judgment things where Senator Obama has a reasonable explanation for what.

As a congressman Portman as we just showed it's pretty clear that John McCain has slept on a variety of issues such as the bush tax cuts. Wire Obama's flip flops worse than this. Well first of all when you look at senator Obama's changes recently including. Except think. Thing you accept public financing in the opinions minor network affiliate core issue in terms of the new politics that we've talked about. This really did it goes to more than just changes in facts and circumstances that he goes to sort of changing your approach to politics and I think when Senator McCain looks at some of these issues. Like immigration which you mentioned he's still for comprehensive immigration reform but he believes enforcement first

Well even in my campaign finance -- Senator Obama never pledged. He would actually not do it he said he would seek agreement with the candidate the other candidates Senator McCain . I opted out of the campaign finance reform. Bill and that in the primaries and in fact got reviewed by the head

this is what matters you know it's it's not about the rhetoric. Senator Obama's and eloquent speaker the question is. You know what's he going to do for the country what Senator McCain into the country and if you look at the record and experience. Senator McCain hasn't and frankly infidelity and going to -- on some of -- that this is that we're looking for in the interest

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I think what I'm Dick Cheney has done is respond to a number of things being said by President Obama and his minions namely that. These enhanced interrogation techniques weren't right and and in effect weren't successful and made our country a more dangerous I think he's standing up and saying -- seconds. -- you couldn't you think I was wrong about what I said you could argue that man about the Iraq War that's as historical fight that's gonna continue. But on this issue. Interrogating the worst of the worse -- handful of people. The American people are on his side on that -- maybe on the Iraq War but certainly and that -- I think that's dangerous territory for the Democrats.

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