House Proceeding 02-13-09 on Feb 13th, 2009 :: 0:33:30 to 0:53:30
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0:31:15 to 0:33:30( Edit History Discussion )
Speech By: Jack Kingston

0:33:21 to 0:33:35( Edit History Discussion )

Jack Kingston: 0 billion for myself in san francisco. mickey mouse is no longer the mouse with the greatest network.

0:33:35 to 0:33:40( Edit History Discussion )
Speech By: David R. Obey

0:33:36 to 0:33:40( Edit History Discussion )

David R. Obey: now there is a san francisco rat that has edged him out. the democrats are spending 0 billion on rats.

0:33:41 to 0:34:01( Edit History Discussion )

Jim McDermott: i yield back the balance of my time. the speaker pro tempore: the gentleman's time has expired. mr. obey: yield myself 10 seconds. i wish they would make up their mind whether it's myself or rats, neither are in this bill, if they would read it. got it right here, show it to me. show it to me.

0:33:45 to 0:36:20( Edit History Discussion )
Speech By: Jim McDermott

0:34:02 to 0:34:22( Edit History Discussion )

Jim McDermott: show it to me. the speaker pro tempore: the gentleman from wisconsin want to yield time? mr. obey: i yield two minutes to the distinguished the gentleman from washington, mr. mcdermott. the speaker pro tempore: the gentleman from washington is recognized for two minutes. without objection. mr. mcdermott: mr. speaker, this is not the first time america

0:34:23 to 0:34:43( Edit History Discussion )

Jim McDermott: has faced an economic cris, but may be the first time that one entire political party will sit on the sidelines with their arms crossed and fists clemped. the american people are waiting and watcng.

0:34:44 to 0:35:04( Edit History Discussion )

Jim McDermott: and we will be judged not by the volume of the rhetoric, but by the boldness of our actions. and we have a plan and it's rooted in one fundamental tenet, america belongs to americans and this congress and this president will respond to the needs of the people with programs and promises that can and will get america moving again.

0:35:05 to 0:35:25( Edit History Discussion )

Jim McDermott: another 600,000 americans lost their jobs in january. overall, four million americans haveost their jobs in the last year, the last year of the bush administration. this legislation extends unemployment benefits to keep people with their heads above water while they look for a job. and this legislation provides

0:35:26 to 0:35:46( Edit History Discussion )

Jim McDermott: incentives for states to modernize their unemployment system to meet the demands of american people in the 21st century. f.d.r. created the unemployment insurance, the new deal, 70 years ago at a time when women stayed at home to raise a family and part-time jobs didn't exist. we are offering a new deal for a

0:35:47 to 0:36:08( Edit History Discussion )

Jim McDermott: new century. this legislation will help working moms and dads and help states make the aadjustments that one would like them to make to better respond to their people. this legislation adds 00 to the u.i. benefit. but before some on the other side and shout moral hazard, know this.

0:36:09 to 0:36:20( Edit History Discussion )

Jim McDermott: the average u.i. benefit check does not even reach the poverty level. we offer a helping hand, while you offer rhetoric. for instance, every dollar we

0:36:21 to 0:36:42( Edit History Discussion )

Rodney P. Frelinghuysen: provide in u.i. provides .64 in e i urge you to vote for h are mr. lewis: i yield two minutes to the the gentleman from new jersey. frilingfriling i rise in strong to this bill. p people want us to work

0:36:25 to 0:38:35( Edit History Discussion )
Speech By: Rodney P. Frelinghuysen

0:36:43 to 0:37:04( Edit History Discussion )

Rodney P. Frelinghuysen: together to do something to save their jobs and make up their savings and restore the value of their homes. americans are asking for help and we had, i repeat, mr. speaker, had the opportunity to respond bypassing the bill that actually created job. the house-senate agreement to the extent that we have been

0:37:05 to 0:37:25( Edit History Discussion )

Rodney P. Frelinghuysen: allowed to see its contents does little to help their cause. most of this massive domestic spending will be sucked up by an enlarged government bureaucracy, hiring more federal and state public workers, not helping small businesses and families survive. the majority markets this measure as a transportation

0:37:26 to 0:37:46( Edit History Discussion )

Rodney P. Frelinghuysen: infrastructure package, but a mere 70% of the funding is directed towards the road, highway and army corps of engineers' pro immediately create real jobs. h.r. 1 creates over 33 entirely new government programs at a cost of the taxpayers over 7

0:37:47 to 0:38:07( Edit History Discussion )

Rodney P. Frelinghuysen: billion and adds 600,000 new government jobs. and when will americans see the effects of this spending? probably not any time soon. according to the c.b.o., less than half of the spending in the nonstimulus package will be paid out in the next two years. at that rate, an economic recovery will probably outrun most of the spending in this

0:38:08 to 0:38:29( Edit History Discussion )

Rodney P. Frelinghuysen: exnsive legislation. while the agreement does contain some tax relief, it's not targeted to small businesses, which employ half of all of us. and if that weren't enough, this package before us weakens the work requirements of successful welfare programs we enacted years ago and it may lay the groundwork for a government

0:38:30 to 0:38:35( Edit History Discussion )

Rodney P. Frelinghuysen: takeover of americans' health care system by creating a federal bureaucracy that will

0:38:36 to 0:38:57( Edit History Discussion )

Richard E. Neal: decide the rates in health care. mr. speaker, congress had the opportunity to jump start and failed in that responsibility. i yield back. . the speaker pro tempore: the gentleman from wisconsin. mr. obey: i yield to the gentleman from massachusetts, mr. neal. the speaker pro tempore: the gentleman is recognized.

0:38:40 to 0:40:50( Edit History Discussion )
Speech By: Richard E. Neal

0:38:58 to 0:39:19( Edit History Discussion )

Richard E. Neal: mr. neal: i want to remind our friends on the other side that the operative word here is necessary. that's the most important word as we move this legislation forward today, necessary. mr. rangel did a good job negotiating the tax title to provide hundreds of billions of dollars in iediate fiscal stimulus starting with the working make pay credit which will cut taxes for 95% of all

0:39:20 to 0:39:41( Edit History Discussion )

Richard E. Neal: taxpayers including two million families in massachusetts. working families will also benefit from improvements in the child tax credit, the earned income tax credit and a new higher education tax credit. businesses across the country will benefit from bonus depreciation allowance. small business expenses as well as relief for small and medium-sized businesses with

0:39:42 to 0:40:02( Edit History Discussion )

Richard E. Neal: net operating losses. incidentally, i pushed for a larger number there as the other side knows. and state and local governments will see substantial relief for infrastructure and other critical needs for the recovery zone bonds and build america bonds. as a former mayor, i was happy to lead and take the lead on changes to the bond rules that will allow cities and towns to

0:40:03 to 0:40:23( Edit History Discussion )

Richard E. Neal: borrow at lower costs at a time when credit is tight. the compromise also includes a.m.t. protection for 26 million american families, 70,000 families in my district alone. now, we're going to hear criticism from some that this legislation is too much,t's too little, it's too fast or

0:40:24 to 0:40:45( Edit History Discussion )

Richard E. Neal: it's too slow. by definition, by definition, fiscal stimulus means spending. and with an economy as great as ours, it needs to be significant. we did move at a very quick pace ande need to. there are 10,000 families a day

0:40:46 to 0:40:50( Edit History Discussion )

Richard E. Neal: in america slipping into foreclosure, 10,000 families a day.

0:40:51 to 0:41:11( Edit History Discussion )

Todd Tiahrt: clearly the policies of the last eight years did not work and we need a change. the speaker pro tempore: the gentleman's time has expired. mr. neal: i hope that support for this legislation will move today. mr. lewis: mr. speaker, i yield three minutes to the gentleman from kansas, which is the subcommittee of appropriations that gets the vast percentage

0:40:55 to 0:43:00( Edit History Discussion )
Speech By: Todd Tiahrt

0:41:12 to 0:41:32( Edit History Discussion )

Todd Tiahrt: of increase in funding in this bill. the speaker pro tempore: the gentleman is recognized for three minutes. california. today, kansans will get laid off and will be struggling to pay their bills. this bill isn't help. this bill will only place a drag on our economy because it does nothing to solve underlying problems that hamper our economy.

0:41:33 to 0:41:53( Edit History Discussion )

Todd Tiahrt: the federal government has a role to help ensure american workers are free to prosper, government spending is not the answer. the reality this bill, some nearly 00 billion in spending and tax cuts, consistent of -- money we entirely do not have. so how are we going to get this money? well, we can ask the treasury department to print more money,

0:41:54 to 0:42:15( Edit History Discussion )

Todd Tiahrt: but we know that causes inflation from the 1970's. the second is we can raise taxes. we'd have to raise it ,600 per american, and we know higher taxes creates higher unemployment. i'm not interested in raising taxes. the third way is to borrow money from investors, but our investors here in america don't have it.

0:42:16 to 0:42:37( Edit History Discussion )

Todd Tiahrt: we'd have to go to the united arab of emrants and saudi arabia because china and europe have their own economic problems. they can't raise the money themselves. so to attract this money we have to raise interest rates. and some 4%, according to the congressional budget office, causes higher credit card rates, higher car loan rates and higher home mortgage rates. we are following the legacy of

0:42:38 to 0:42:58( Edit History Discussion )

Todd Tiahrt: paul volcker from the 1970's. back then they called it the misery index. during the 1970's the media added inflation, unemployment and interest rates together to get the misery index and it's coming back. back then it was 21.98. today it's 7.28. there's a better plan than the

0:42:59 to 0:43:01( Edit History Discussion )

Todd Tiahrt: misery index. we can give them a payroll tax

0:43:02 to 0:43:22( Edit History Discussion )

holiday for several years. that would be a 10% to 12% pay inease and they wld know how best to spend the money for their families. they will buy goods or they will save their money or they will invest their money. all of that creates jobs because making more money available for new ideas in the marketplace does create jobs. vote no on this legislation.

0:43:23 to 0:43:44( Edit History Discussion )

vote no to the misery index. this package will get more money to hardworking americans by giving it directly to them with a payroll tax holiday because that is the best plan. we can stop the return to the misery index by getting people back to work, by getting more money in their pocket. let's go for a p holiday. vote no. let's go back to conference,

0:43:45 to 0:44:05( Edit History Discussion )

Bob Etheridge: inject -- cut the government spending. add back a payroll tax holiday for working americans and return the economy to the strength it once had. i yield to yeel. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from wisconsin. mr. obey: i yield -- excuse me, mr. speaker. yield two minutes to the distinguished gentleman from

0:43:55 to 0:46:10( Edit History Discussion )
Speech By: Bob Etheridge

0:44:06 to 0:44:26( Edit History Discussion )

Bob Etheridge: north carolina, mr. etheridge. the speaker pro tempore: the gentleman from north carolina is recognized for two minutes. mr. etheridge: permission revise and extend my remarks. the speaker pro tempore: without objection. mr. etheridge: thank you, mr. speaker. and i thank the gentleman for the time in speaking in support of this bill. i thank you for your leadership and for this economic recovery

0:44:27 to 0:44:48( Edit History Discussion )

Bob Etheridge: bill. in the issues that are in it and also school construction. and i thank mr. rangel. he and i have been proud to be able to be partners in authoring the america's better classroom act, which we are finally going to be able to enact into this law in this piece of legislation.

0:44:49 to 0:45:10( Edit History Discussion )

Bob Etheridge: r more than 12 years we've been working to improve our nation's schools and the idea that we can create, we put the federal government into partnership with our local school districts to create private sector jobs and improve schools was a perfect fit for the needs of our troubled economy. and i'm proud that it is included in this final piece of

0:45:11 to 0:45:31( Edit History Discussion )

Bob Etheridge: legislation. i strongly support the conference report for h.r. 1, the american recovery and reinvestment act of 2009 which stakes needy steps to restore our economy. this bill provides urgently need relief for struggling individuals and businesses and will create or save 3.7 million jobs in this economy.

0:45:32 to 0:45:52( Edit History Discussion )

Bob Etheridge: hundreds of thousands of these jobs will be created by the 5 billion in school construction bonds tax credits in this piece of legislation, and they will be created quickly. hundreds of school building projects have been stalled or delayed in this economic downturn. chairman rangel and i have introduced the a.b.c. act to help school districts get the

0:45:53 to 0:46:10( Edit History Discussion )

Bob Etheridge: funding they need. everything i've achieved in life is due to my educational opportunities. the ones that i was given by my friends and neighbors. i wa have this similar opportunity. high-quality schools with strong teachers and modern facilities are the key to the

0:46:11 to 0:46:33( Edit History Discussion )

future. students can't prepare for the 21st century economy in schools from the 20th century that are crumbling, deteriorated or crowded. we have a chance to change it and i urge your vote on this. i yield back. the speaker pro tempore: the gentleman from california mr. lewis: i yield .8 billion to the gentleman from tennessee

0:46:34 to 0:46:54( Edit History Discussion )

Zach Wamp: -- that's the cost of the bill. the speaker pro tempore: the gentleman from tennessee is recognized for 6 >> our constituents are your constituents, but there's little fate that the federal government is going to make things better. the financial rescue didn't work. the tarp was mismanaged

0:46:35 to 0:47:30( Edit History Discussion )
Speech By: Zach Wamp

0:46:55 to 0:47:16( Edit History Discussion )

Zach Wamp: grossly. the auto bailout didn't work. they're looking and seeing home budgets being cut to get through hard time, state government budgets being cut but only in washington can we spend our way into prosperity. it's an ill-conceived thought, confidence is lost. it's a wrong approach. if ever there was a massive

0:47:17 to 0:47:30( Edit History Discussion )

Zach Wamp: bill where the devil is in the details it is this bill, and there are many devils in the details of this bill. the government is ill-equipped to ramp up and do these things. we will be disappointed over time. there's going to be waste, fraud and abuse everywhere you

0:47:31 to 0:47:52( Edit History Discussion )

Henry A. Waxman: look. just because republicans spent too much money after september financial matters doesn't mean the democratic party should be allowed to wreck our ship of state. this is taking us very quickly down the wrong road. vote no. the gentleman's time has expired. the gentleman from wisconsin. mr. obey: i yield three minutes

0:47:45 to 0:51:55( Edit History Discussion )
Speech By: Henry A. Waxman

0:47:53 to 0:48:13( Edit History Discussion )

Henry A. Waxman: to the distinguished chairman of the energy and commerce committee, mr. waxman. the speaker pro tempore: the gentleman from california is recognized for three minutes. mr. waxman: mr. speaker, i'm pleased to have the opportunity to speak in favor of this conference report. our nation's economy is foundering. we need to respond. we're in deep and long recession. our unemployment rate is over

0:48:14 to 0:48:34( Edit History Discussion )

Henry A. Waxman: 7% and fwroge, and we urgently need an economic recovery package to set the nation on the proper course to rebound. i'm pleased the house and the senate moved rapidly to resolve the differences between the two bills and to get this bill to the president so we can finally take action. the final conference agreement

0:48:35 to 0:48:55( Edit History Discussion )

Henry A. Waxman: retains provisions that was passed out of the committee on energy and commerce in january in three critical areas that will accelerate economic recovery and protect american families. broadband, energy and health. the first piece is an investment in expanding broadband, internet access so businesses and households in

0:48:56 to 0:49:17( Edit History Discussion )

Henry A. Waxman: rural and other underserved areas can link to the global economy. broadband's networks are as important to the nation's economic success as the postal roads, canales, raillines and interstate highways of the past. unfortunately, the united states has fallen because -- behind other nations in terms

0:49:18 to 0:49:38( Edit History Discussion )

Henry A. Waxman: of broadband employment and adoption. this legislation will authorize approximately .7 billion for grants to be administered by the commerce department and another .5 billion in grants to be administered by the agriculture department to put people to work building new broadband infrastructure. the second piece we're

0:49:39 to 0:50:00( Edit History Discussion )

Henry A. Waxman: considering is a major investment in the nation's energy future. the conference agreement will accelerate deployment of smart grid technology throughout the country, offer loan guarantees for renewable energy and transmission projects and promote energy efficiency throughout the country. i'm pleased that we're able to

0:50:01 to 0:50:21( Edit History Discussion )

Henry A. Waxman: adopt these provisions. we also will support economic recovery through the creation of thousands of jobs, especially for low and middle-income americans as the nation dramatically increases the efficiency in which it uses energy and relies upon renewable sources of energy. and the final and biggest piece involves investments in health.

0:50:22 to 0:50:42( Edit History Discussion )

Henry A. Waxman: and there are three sections. first, the bill would help people who lose their js and have no health insurance. it provides temporary subsidies for cobra premiums to enable workers who had insurance to hold on to that insurance. the bill would protect health insurance for an additional seven million americans.

0:50:43 to 0:51:03( Edit History Discussion )

Henry A. Waxman: also provide an 18-month extension of the health insurance program that helps families transitioning from welfare to work to keep their medica coverage. second, the bill would provide 9 billion in funding to accelerate the nationwide adoption of health information technology. this will -- i ask the

0:51:04 to 0:51:24( Edit History Discussion )

Henry A. Waxman: gentleman -- the speaker pro tempore: the gentleman's time has expired. mr. waxman: i ask the gentleman one minute. mr. obey: i yield one minute. the speaker pro tempore: the gentleman is recognid for one minute. mr. waxman: this will develop nationwide information infrastructure that will provide real-time communication between providers and provide the coordination of care. finally the bill will provide

0:51:25 to 0:51:46( Edit History Discussion )

Henry A. Waxman: 7 billion in temporary funding to assist state medicaid programs. the bill would provide a temporary increase in the federal medicaid matching rate. it balances an across the board increase of 6.2 percentage points with an adalingse increase targeted at those

0:51:47 to 0:51:56( Edit History Discussion )

Henry A. Waxman: states with -- additional increase targeted at those states with high unemployment. mr. speaker, this legislation is necessary to set the course to turn the economy around and

0:51:57 to 0:52:18( Edit History Discussion )

Tom Latham: to deliver on our promise and duty to assist our constituents in this difficult ti i urge my colleagues to approve the conference report. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from california. mr. lewis: mr. speaker, i yield a minute to the gentleman from iowa. the speaker pro tempore: the gentleman from iowa is recognized for one minute.

0:52:00 to 0:53:15( Edit History Discussion )
Speech By: Tom Latham

0:52:19 to 0:52:41( Edit History Discussion )

Tom Latham: mr. latham: i thank the ranking member. i wanted folks to step back for just a second here. you know, last year at the end of the year we spent 00 billion on the tarp. who knows if it's had any effect. no one knows for sure. this tuesday the secretary of the treasury said we're going to spend another trillion.

0:52:42 to 0:53:02( Edit History Discussion )

Tom Latham: too, we're going to spend 90 billion with interest well over trillion. another couple of weeks we're going to spend another 00 billion on the omnibus bill. and there's going to be a war supplemental. we're talking about over4 trillion here in less than three months.

0:53:03 to 0:53:16( Edit History Discussion )

Tom Latham: this is the most selfish bill i have ever seen generationally. we're saying to our children and grandchildren, we don't care about you because we just want self-gratification now, we want to feel better today, we

0:53:17 to 0:53:37( Edit History Discussion )

John D. Dingell: can't take anyain ourselves. our kids and grandchildren are paying for this and it's going to limit their opportunities for the future for the next generation. . mr. obey: i minute to the distinguished dean obey: i yield one minute to the distinguished dean of house, longest serving member of

0:53:20 to 0:54:50( Edit History Discussion )
Speech By: John D. Dingell