House Proceeding 03-23-10 on Mar 23rd, 2010 :: 0:57:40 to 1:00:55
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0:57:36 to 0:57:57( Edit History Discussion )

Lincoln Diaz-Balart: this is the one step forward in our efforts. i yield the balance of my time and once again thank you for the time. the speaker pro tempore: the gentleman reserves. the gentleman from florida. mr. diaz-balart: i'd ask my friends if he has any more speakers besides himself. mr. cardoza:adam speaker, i am the final remaining speaker on my side of the aisle. mr. diaz-balart: madam speaker,

0:57:40 to 1:00:55( Edit History Discussion )
Speech By: Lincoln Diaz-Balart

0:57:58 to 0:58:21( Edit History Discussion )

Lincoln Diaz-Balart: i think it's important to keep in mind the seriousness of the fiscal situation the nation's facing. . for the current fiscal year, president obama submitted a

0:58:22 to 0:58:44( Edit History Discussion )

Lincoln Diaz-Balart: $3.5 -- i'm sorry $3.6 trillion budget. remember a trillion is a million millions. that's a lot of money. $3.6 trillion budget. but our revenues, the revenues of the federal government total $2.4 trillion. for this -- for the following

0:58:45 to 0:59:05( Edit History Discussion )

Lincoln Diaz-Balart: fiscal year the president submitted a $3.8 trillion budget, but our revenues, the federal government's revenues, are $2.6 trillion. that situation's not sustainable.

0:59:06 to 0:59:26( Edit History Discussion )

Lincoln Diaz-Balart: that's why we are facing a situation that was alluded to earlier by mr. dreier that our triple-a rating, bond rating is at risk already. obviously there are few issues that are more serious than the ones we are discussing today. madam speaker, i will be asking

0:59:27 to 0:59:47( Edit History Discussion )

Lincoln Diaz-Balart: for a no vote on the previous question. so that we can amend this rule and allow a vote on the ranking member, mr. camp's, substitute amendment the bill. the camp substitute would provide a meaningful tax benefit for small businesses that would, unlike the

0:59:48 to 1:00:08( Edit History Discussion )

Lincoln Diaz-Balart: majority's bill, create new jobs. small businesses employ about half of all private sector jobs, and they have created nearly 80% of the new jobs in the nation in recent years. they are the engine of economic growth and job creation in the nation, and they must be the

1:00:09 to 1:00:30( Edit History Discussion )

Lincoln Diaz-Balart: key to our economic recovery. it's unfortunate that the majority on the rule committee blocked mr. camp, despite the tradition of allowing ways and means bills a substitute amendment. the rules committee blocked mr. camp from offering his amendment. obviously there are always exceptions to tradition and precedent.

1:00:31 to 1:00:51( Edit History Discussion )

Lincoln Diaz-Balart: in this case the exception is this majority, the majority that continually blocks members from both parties from offering amendments to all legislation. i urge my colleagues to return to regular order and allow mr. camp to offer his substitute amendment and vote no on the previous question now so that

1:00:52 to 1:00:55( Edit History Discussion )

Lincoln Diaz-Balart: we can have a full and open debate on the rt minority substitute.