House Proceeding on Jan 28th, 2009 :: 0:22:10 to 0:24:50
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0:22:03 to 0:22:23( Edit History Discussion )

Cliff Stearns: debate on the question of consideration. after that debate, the chair will put the question of consideration to wit, will the house now consider the resolution? the chair recognizes the gentleman from florida. >> madam speaker, thank you very much. i'll be using most of my argument, also from the congressional budget office

0:22:10 to 0:24:50( Edit History Discussion )
Speech By: Cliff Stearns

0:22:24 to 0:22:45( Edit History Discussion )

Cliff Stearns: cost estimate, dated january 26, 2009. the c.b.o. and the joint committee on taxation estimated that in enacting the provisions in division b would reduce revenues by 6 bling in fiscal year 2009 -- billion in fill fistcal year 2009 and by a net

0:22:46 to 0:23:06( Edit History Discussion )

Cliff Stearns: -- fiscal year 2009 and by a net in the 2009-2010 period. so, combining the spendingnd revenue affects of h.r. 1, the c.b.o. estimates that enacting the bill would increase the federal budget deficit by over 70 billion over the remaining

0:23:07 to 0:23:27( Edit History Discussion )

Cliff Stearns: months of the fiscal year, 2009, by billion in the year 2010 and 74 billion in 2011 and it continues on, 16 billion over the period of 2009 to 2019. this is a wide range of federal

0:23:28 to 0:23:48( Edit History Discussion )

Cliff Stearns: programs here which increase benefits payb under the medicaid unemployment compensation, nutrition assistant program and the legislation would also reduce individual and corporate income tax collection to make a variety of other changes to tax law. this is basically an unfunded mandate.

0:23:49 to 0:24:09( Edit History Discussion )

Cliff Stearns: c.b.o. bill would have a noticeable impact on economic growth and employment in the next few years. you know, following longstanding congressional budget procedures, this estimate does not address pot tension budgetary effect of such changes in economic outlook, but the point that the c.b.o. is making, that this is

0:24:10 to 0:24:33( Edit History Discussion )

Cliff Stearns: a huge unfunded mandate, particularly in the medicaid and unemployment compensation and nutrition assistant program, so with that, madam speaker, in light of the provisions in the bill and the amendments made in order by the rule, are therefore in viation of section 426 of the congressional budget act. i do, madam speaker, raise this

0:24:34 to 0:24:50( Edit History Discussion )

Cliff Stearns: point of order. the speaker pro tempore: do you reservehe balance of your time? >> i reserve the balance of my time. the speaker pro tempore: the gentleman reserves the balance of his time. the gentlewoman from new york is recognized. ms. slaughter: i yield myself such time as i may consume. the speaker pro tempore: the