Rep. Barletta: Response to the debt crisis is the defining issue of this Congress

In a five-minute speech delivered on the floor of the U.S. House of Representatives Thursday morning, Rep. Lou Barletta, PA-11, said that the response to the looming debt limit crisis is the defining issue of the 112th Congress. Rep. Barletta's remarks were made as the House debated the Budget Control Act of 2011 (S. 627).

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[jfabproductions]

Great kind representitive we went and took a trip down to dc and we called his office to see if my kids could meet him. sadly he couldnt make it but since he felt bad about it we got to go to his office and he had one of his empolyes give us a private tour of the capital building

[me243]

@me243 10 Over past 5 yrs Carnival Cruise Lines made $11 billion profits fed income tax rate was just 1.1%

What do you say about THAT Mr. Barletta?

[me243]

@me243 7 Goldman Sachs 2008 paid 1.1 percent of its income in taxes earned profit $2.3 billion recd almost $800 billion from Fed Reserve+Treasury Dept

8 Citigroup last year made $4 billion profits paid no fed income taxes recd $2.5 trillion bailout from Fed Reserve+Treasury

9 ConocoPhillips made $16 billion profits 2007-2009 recd $451 million tax breaks through oil-gas manufacturing deduction

[me243]

@me243 4 Chevron recd $19 million refund from IRS last year made $10 billion profits 2009

5 Boeing recd $30 billion contract from Pentagon to build 179 airborne tankers got $124 million refund from IRS last year

6 Valero Energy $68 billion sales last year recd $157 million tax refund from IRS over past 3 yrs recd $134 million tax break from oil-gas manufacturing tax deduction

[me243]

Bernie Sanders compiled list some of some of10 worst corporate income tax avoiders

1  Exxon Mobil made $19 billion profits 2009 recd $156 million rebate from IRS

2 Bank of America received $1.9 billion tax refund from IRS last yea made $4.4 billion profits received bailout from Fed Reserve + Treasury Dept $1 trillion

3 past 5 yrs General Electric made $26 billion profits United States recd $4.1 billion refund from IRS

[me243]

and WHY Mr. Barletta aren't you insisting that the govmint REPAY the IOU's the govmint REPLACED the money we have PAID all our lives for our old age??? That money was STOLEN to pay everything BUT our benefits. To hell with the banks that are too big to fail. To hell with Wall Street. I don't want the crooks in Wall Street to benefit from MY hard earned money that I PAID in all my life! I don't want the insurance companies to benefit from my misfortune in my old age

[me243]

And WHY aren't you Mr. Barletta seeing to it that the IOU's with which the govmint REPLACED the funds they have STOLEN from our Social Security Fund to pay off everything BUT the senior's benefits. We PAID into that all our lives. Govmint STOLE it!.....RETURN IT!

The thought of re-election BETTER enter your mind.

[me243]

he speaks with a forked tongue. All they have to do is stop killing innocents in Libya, Afghanistan and Pakistan. Bring our troops home you scoundrel! how come you are not addressing all the trillions spent on defense? The trillions the feds gave away to FOREIGN banks and corporations? Shame!

[me243]

he speaks with a forked tongue. All they have to do is stop killing innocent people in Libya, Afghanistan, Pakistan etc......think how that would fix our budget. Shame!

[jkadelak]

he still speaks like a hazletonian.