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direction of the emdemocratic caucus, i offer a privileged resolution and ask for its immediate consideration. the speaker pro tempore: the clerk will report the title of the resolution. the clerk: house resolution 80, resolution electing members to a certain standing -- to a certain standing committee of the house of representatives. mr. larson: i ask unanimous consent that the resolution be considered as read and printed

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House Clerk: it to be read. the speaker pro tempore: the clerk will read. the clerk: house resolution 80, resolved that the following named members be and are hereby elected to the following standing committee of the house of representatives. one, committee on standards of official conduct, zoe lofgren of california, chairman.

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House Clerk: mr. chandler, mr. ms. kaptur -- ms. castor of florida, mr. welch. the speaker pro tempore: without objection, the resolution is agreed to, and the motion to reconsider is laid upon the table. mr. cantor: withdraw my objection. mr. larson: thank you, mr. speaker. the speaker pro tempore: for what purpose does the gentleman from virginia rise. mr. kearnt: mr. speaker, i ask

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the speaker pro tempore: does the gentlen withdraw that request? mr. cantor: yes, i do, mr. speaker. the speaker pro tempore: 5581 of the revised statute 20 u.s.c. 42-43 andhe order of thhouse of january 6, 2009, the chair announces the speaker's appointment of the

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Steny H. Hoyer: mr. sam johnson, texas. e speaker pro tempore: for what purpose does the gentleman from virginia rise. mr. cantor: mr. speaker, i ask to address the house for one minute for the purpose of inquiring about next week's schedule. the speaker pro tempore: the gentleman is recognized for one minute without objection. mr. cantor: i thank the speaker. i yield to the gentleman from maryland, the majority leader, for the purpose of announcing next week's schedule. mr. hoyer: i thank my friend for yielding. i'm glad i'm here for himo

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Steny H. Hoyer: yield to. on monday the house will meet at 12:30 p.m. for morning hour and 2:00 p.m. for legislative business. on tuesday, the house will meet at 10:30 a.m. for morning hour business, and 12:00 p.m. for legislative business. on wednesday the house will meet at 10:00 a.m. on legislative business. on thursday and friday no votes

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Steny H. Hoyer: senate taking action on the lilly ledbetter fair pay act, if they do our hope is to

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Eric Cantor: congressional democratic proposal prior to committee consideration. further, committees are rushing as we speak to consider their respective portions of the bill completing markups in a single day. mr. speaker, as has been announced we are going to be hastily considering the bill next week.

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Steny H. Hoyer: given 48 hours to review the committee reports prior to a vote next week as the house rules dictate? mr. hoyer: will the gentleman yield. mr. cantor: i yield. mr. hoyer: i thank the gentleman for yielding. first let me say i appreciate the gentleman's comments. clearly we have come into this congress with an economy in

0:05:35 to 0:05:55( Edit History Discussion )

Steny H. Hoyer: cris. that economy very frankly w not affected by anything the democrats did over the last two years because on economic policy of course we couldn't pass anything either through the senate or with the president's veto. so the economic crisis that confronts us we believe is the

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Steny H. Hoyer: maybe early this morning. as you know the appropriations committee marked up yesterday. had a full markup. adopted six republican amendments and a number of democratic amendments. i don't know whether -- i don't know what the amendment status is in energy and commerce or ways and means, but i expect all those markups

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Steny H. Hoyer: saturday -- friday night or saturday, so that we'll have four days to reviewhose items. i want to reiterate my hope and my expectation to state it even more strongly that you and the minority members, country, majority members will have 48 hours to review the product

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Eric Cantor: committee after their markups. i yield back. >> i thank the gentleman for his response. i appreciate the energy with which he responds and we'll set aside the supposition that perhaps we have to rush because of some policies that were in

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Eric Cantor: place over the last eight years and would point out to the gentleman that again, it is his party that has served in the majority over the last two years building up to the current situation that we are in. but i would ask the gentleman, specifically, does he know what day the actual stimulus bill will be considered on the floor of this house? mr. hoyer: if the gentleman will

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Eric Cantor: democrats allow all ideas to be considered as amendments on the house floor without restriction? mr. hoyer: i thank the gentleman. as the gentleman knows, a very large portion of this bill will be tax cuts. almost half of this bill is going to be tax cuts for working americans and for business. as the gentleman knows, as a

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Eric Cantor: whether they're democrat chairs or republican chairs. so my expectation is that it will not come as an open rule but i do not want to per scribe right now or prescribe right now exactly -- i have not talked to the chair of the rules committee, nor have the markups been complete. so think a don't want to prejudge what the rule will be

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Eric Cantor: that once a tax bill is forged, many on the floor -- it becomes very complicated, very risky. i yield back. mr. cantor: why just respond by saying that perhaps -- i would just respond by saying that perhaps because of the exes -- expedited nature of the process, that we would have an opportity to change that tradition and open up ways and means bills but i accept the gentleman's response, although i

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Eric Cantor: proposal includes far less tax relief than what president obama requested. some estimates say there is only 10% tax cuts. the estimates that i have had that seem reasonable and accurate is that there is only 33% of this bill, proposed bill, that includes tax cuts and the

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Eric Cantor: by contrast, mr. speaker, our position would be, tax cuts can have an immediate impact. so i'd like to ask the gentleman from maryland, majority leader, will democrats allow amendments

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Steny H. Hoyer: 30% and 40%, you're correct in that range. i think that, as i've said before, maybe being redundant, as you know, the practice is, once your committee forges and you're a member of the ways and means committee, we appropriators sometimes felt constrained by this rule that your committee had, but

0:13:05 to 0:13:26( Edit History Discussion )

Steny H. Hoyer: necessarily accurate, i tell my friend, but he does want and we will have and you will have the opportunity and every member of this house will have the opportunity to vote for a tax cut for 95% of the tax-paying public. not only in terms of individuals, but also significant tax cuts for those in business, to try to make sure that they can be more

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Steny H. Hoyer: with those businesses so that i can tell the gentleman that he's going to have a very significant tax cut for the american tax-paying public to vote for or against. mr. cantor: i thank th gentleman. it my understanding that the president has said he expects washington to act differently. that we should and owe it to the

0:14:34 to 0:14:56( Edit History Discussion )

Steny H. Hoyer: mr. speaker, the house just voted to stop the administration from spending another 50 billion in bailout funds. however, i'd like to clarify the outcome of that vote for the people that elect us. last week, the senate voted to allow the additional 50 billion to be spent. therefore, the house and senate

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Steny H. Hoyer: mr. hoyer: that is correct. mr. cantor: i thank the gentleman. mr. hoyer: essentially, if i might clarify for our members and their constituents, obviously the vote today was symbolic and erybody knew it was symbolic. symbolic to the extent that the senate voted last week, as the

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Steny H. Hoyer: resolutions of disapproval. very frankly, president bush had indicated he would, if we had done this earlier, would have probably vetoed such a resolution. i want to say to my friend that in a bipartisan way, president bush sent this request to the congress. he indicated he sent it to the congress at the request of

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Steny H. Hoyer: the ability to stabilize the economy. secretary paulson believed that was necessary, who is the secretary treasury under secretary bush. secretary geithner who was just confirmed by the senate has said he believes that necsary -- that is necessary. so i say to my fend that the

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Eric Cantor: stabilize this economy, which is in such crisis. mr. cantor: i thank the gentleman. mr. speaker, yesterday the house passed a bill to provide further restrictions on this next 50 billion, that, as the gentleman

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Steny H. Hoyer: pointed out, the senate has yet it is my understanding that the senate has no intention of taking the house bill that was passed up yesterday. so i'd like to ask the gentleman, do you expect the bailout restrictions as passed by the house yesterday to become law? mr. hoyer: i would hope they would. i voted for it.

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Steny H. Hoyer: i believe that they were a response to what we have seen as a lack of transparency, a lack of as much accountability ashe we, the taxpayer, has a right to expect and also, the failuref the tarp funds already approved to help average people around this country who are faced with losing their hopes. having their mortgages foreclose

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Steny H. Hoyer: i think the american public are for that legislation. i would hope the senate would pass it. very frankly, i will tell my friend, one of the problems that it has in the senate is that there are a large number of members in your party, i believe, who are not for money being diverted to mortgage relief. i sagree with that as a policy, but the issue is whether

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Steny H. Hoyer: focus on helping people whose mortgages are at risk is