Transcript: Press briefing remarks by Rep. Gerry Connolly on the government shutdown & debt ceiling – Oct. 8, 2013

Partial transcript of press briefing remarks by Rep. Gerry Connolly (D-Va.) on the government shutdown and debt ceiling on Oct. 8, 2013:

…You know, in this Orwellian setting called the federal shutdown, there was one brief shining moment of truth. A member colleague on the other side of the aisle from the Midwest actually said, “You know, we want respect, and we need to get something out of this. The problem is we just don’t know what it is.”

It started out to defund Obamacare. Now, God knows what it is.

The other side won the election in 2010 in part…uncertainty. How awful it was that there was uncertainty about the Bush tax cuts and what was going to happen to them, and Democrats were to blame for creating that uncertainty and the terrible effect on the economy.

Well, little did we know what they meant was we need more of it. They have fine honed uncertainty to the highest art form. And now we are seeing it.

As Xavier said, we just saw one of the largest declines in recent memory on the consumer confidence. And I’ll remind you that in 2011, when we faced a similar kind of uncertainty created again by them, between the third and fourth quarter, we lost $2.4 trillion in household wealth in this country, including $800 billion in pension value. That’s what they’re willing to risk.

And as Jim said, it affects businesses in my district, his district, and all across the United States. It’s not just the federal sector, but it’s the ripple effect of businesses. Thousands of people being laid off who will not be made whole in the private sector because about the uncertainty being created about the footprint of the federal government and all of the services that are provided to it.

This is reckless. It is damaging to our country. It is going to affect our competitive posture, and it is going to affect the ordinary lives of Americans in every corner of our country.

It must stop.

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One Comment on “Transcript: Press briefing remarks by Rep. Gerry Connolly on the government shutdown & debt ceiling – Oct. 8, 2013

  1. Pingback: Transcript: Press briefing Q&A with House Democratic Caucus leaders on the government shutdown & debt ceiling - Oct. 8, 2013 | What The Folly?!

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