Damn straight.
STEPHANOPOULOS: Congressman Pence, and the question is, will the House Republicans and Republicans in general also come up with a budget that addresses the kinds of concerns that Jared Bernstein just raised?
PENCE: The House Republicans are going to come up with a budget alternative that is going to be built on fiscal restraint and getting this economy growing again. Look...
STEPHANOPOULOS: A comprehensive alternative?
PENCE: It's going to be a comprehensive alternative. And let me tell you, after -- it's after months of runaway spending on the federal level. I mean, we saw last -- last year's Wall Street bailout, the part of -- auto bailout, and then we saw the so-called stimulus bill, then the omnibus bill.
You know, the American people have had it. I mean, the president's budget, the American people know, spends too much, taxes too much, and it borrows too much. And they want this government and this administration to start doing what families in my district in eastern Indiana, small businesses and family farms are doing, and that is making decisions, setting aside tomorrow what we don't have to spend until today, and putting the family budget ahead of the federal budget.
You know, the president yesterday said on his radio address, he said a firm foundation -- a lot of people will be singing that phrase in churches this morning -- he said his firm foundation of spending on energy and education and health care, well, the firm foundation in this country is our faith in God, our economic freedom, and our natural resources, and the American people know it.
...
CONRAD: Well, first of all, the place where I would diverge from Congressman Pence is, if we didn't take these extraordinary steps, we'd be back to Hoover economics. I mean, the prescription that he just provided is exactly what Hoover economics represented at the time of the Great Depression.
If we did not take these aggressive steps to give lift to the economy at this time of significant contraction, we could have faced an economic collapse. And that wasn't just my view. That was the view of the head of the Federal Reserve. That was the view of the Republican secretary of treasury. That was the view of the Republican president of the United States
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