The House Is Not In Session
House Session - June 16, 2010

The House continued work on a bill establishing a $30 billion fund to be used for loans for small businesses.

Speakers:
Time
Action
  • 10:01:24 AM

    THE CHAPLAIN

    OF THE SPIRIT OF LIVING THINGS, YOU CREATED HUMANITY WITH ALL ITS…

    OF THE SPIRIT OF LIVING THINGS, YOU CREATED HUMANITY WITH ALL ITS DIVERSITY IN YOUR IMAGE AND PLACED US UPON THIS EARTH TO TEND IT, GUIDING US ALON WHICHEVER SPIRITUAL PATH WE CALL OUR OWN TOWARD GOODNESS AND PEACE. IN THIS GREAT HALL WHERE DREAMS COME TRUE, WE ASK YOUR BLESSING UPON THESE MEN AND WOMEN, THESE REPRESENTATIVES OF THE PEOPLE. THEY HAVE DEVOTED THEIR LIVES TO OUR WELFARE, STRENGTHENED THEM WITH YOUR COURAGE, INSPIRE THEM AS THEY ANSWER ISIAH'S CALL TO FEED THE HUNGRY AND CLOTHE THE NAKED, TO LIFT UP THOSE IN THIS LAND AND IN ALL LAND WHO CANNOT STAND ON THEIR OWN. IN THIS CHAMBER OF DEBATE, MAY EVERY DEBATE BE FOR THE SAKE OF JUSTICE AND MAY JUSTICE ALWAYS BE TEMPERED WITH COMPASSION. MAY THIS HOUSE BE HOME TO THE HOPES AND ASPIRATIONS OF EVERY AMERICAN, AND MAY AMERICA SHINE AS AN EXAMPLE TO ALL THE WORLD. AMEN.

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  • 10:02:38 AM

    THE SPEAKER PRO TEMPORE

    CHAIR HAS EXAMINED THE JOURNAL OF THE LAST DAY'S PROCEEDINGS AND ANNOUNCES…

    CHAIR HAS EXAMINED THE JOURNAL OF THE LAST DAY'S PROCEEDINGS AND ANNOUNCES TO THE HOUSE HIS APPROVAL THEREOF. PURSUANT TO CLAUSE 1 OF RULE 1 THE JOURNAL STANDS APPROVED. THE PLEDGE OF ALLEGIANCE WILL BE LED BY THE GENTLEMAN FROM NEW YORK, CONGRESSMAN HALL. MR.

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  • 10:02:55 AM

    MR. HALL

    PLEASE JOIN ME IN THE PLEDGE. I PLEDGE ALLEGIANCE TO THE FLAG OF THE…

    PLEASE JOIN ME IN THE PLEDGE. I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA AND TO THE REPUBLIC FOR WHICH IT STANDS, ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL.

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  • 10:03:10 AM

    THE SPEAKER PRO TEMPORE

    THE CHAIR WILL RECEIVE A MESSAGE. THE MESSENGER: MR. SPEAKER, A MESSAGE…

    THE CHAIR WILL RECEIVE A MESSAGE. THE MESSENGER: MR. SPEAKER, A MESSAGE FROM THE SENATE. THE SECRETARY: MR. SPEAKER.

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  • 10:03:15 AM

    THE SPEAKER PRO TEMPORE

    MADAM SECRETARY. THE SECRETARY: MR. SPEAKER, I HAVE BEEN DIRECTED BY THE…

    MADAM SECRETARY. THE SECRETARY: MR. SPEAKER, I HAVE BEEN DIRECTED BY THE SENATE TO INFORM THE HOUSE THAT THE SENATE HAS PASSED H.R. 3951, AN ACT TO DESIGNATE THE FACILITY OF THE UNITED STATES POSTAL SERVICE LOCATED AT 2000 LOUISIANA AVENUE IN NEW ORLEANS, LOUISIANA, AS THE ROY BOEHNER SR. POST OFFICE BUILDING.

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  • 10:03:38 AM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION, THE GENTLEMAN FROM NEW YORK, CONGRESSMAN HALL, IS…

    WITHOUT OBJECTION, THE GENTLEMAN FROM NEW YORK, CONGRESSMAN HALL, IS RECOGNIZED FOR ONE MINUTE.

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  • 10:03:43 AM

    MR. HALL

    THANK YOU, MR. SPEAKER. I AM PLEASED TO WELCOME RABBI JOSHUA DAVIDSON,…

    THANK YOU, MR. SPEAKER. I AM PLEASED TO WELCOME RABBI JOSHUA DAVIDSON, SENIOR RABBI IN NORTHERN WESTCHESTER, NEW YORK, AS OUR GUEST CHAPLAIN IN THE HOUSE TODAY. RABBI DAVIDSON IS JOINED HERE TODAY BY HIS WIFE, MIA, THEIR DAUGHTER, MIKAYLA, AND HIS IN-LAWS. RABBI DAVIDSON IS PRESIDENT OF THE WESTCHESTER BOARD OF RABBIS. HE'S SERVED TEMPLE BETHAL SINCE 2002 AND BEFORE THAT SERVED AT THE CENTRAL SYNAGOGUE IN NEW YORK CITY. HE HAS A LONG DISTINGUISHED CAREER SERVING ON THE BOARDS OF MANY CHARITABLE ORGANIZATIONS, INTERFAITH COALITIONS AND PRESTIGIOUS JEWISH ORGANIZATIONS. HE SERVED AS CHAIR OF THE CENTRAL CONFERENCE OF THE AMERICAN RABBIS COMMITTEE ON JUSTICE, PEACE AND RELIGIOUS LIBERTIES, VICE CHAIR OF THE COMMISSION ON SOCIAL ACTION OF REFORM JUDAISM. HE SHARES THE COMMISSION'S TASK FORCE ON ISRAEL AND WORLD AFFAIRS. RABBI DAVIDSON IS A MEMBER OF THE HEW BREW NATION'S COUNCIL AND SERVES ON THE CLERGY ADVISORY BOARD OF INTERFAITH OF NEW YORK STATE. RABBI DAVIDSON IS A WORTHY ENTRY INTO THE LONG ROLE OF DISTINGUISHED GUESTS. I YIELD BACK.

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  • 10:05:05 AM

    THE SPEAKER PRO TEMPORE

    THE CHAIR WILL ENTERTAIN UP TO 15 FURTHER REQUESTS FOR ONE-MINUTE SPEECHES…

    THE CHAIR WILL ENTERTAIN UP TO 15 FURTHER REQUESTS FOR ONE-MINUTE SPEECHES ON EACH SIDE OF THE AISLE. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM TENNESSEE RISE?

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  • 10:05:14 AM

    MR. COHEN

    TO ADDRESS THE HOUSE FOR ONE MINUTE AND TO REVISE AND EXTEND.

  • 10:05:18 AM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION, THE GENTLEMAN IS RECOGNIZED.

  • 10:05:21 AM

    MR. COHEN

    THANK YOU, MR. SPEAKER. BACK IN FEBRUARY WHEN WASHINGTON HAS SLAMMED WITH…

    THANK YOU, MR. SPEAKER. BACK IN FEBRUARY WHEN WASHINGTON HAS SLAMMED WITH RECORD-BREAKING SNOWSTORMS, MANY OF MY COLLEAGUES MADE SCIENTIFIC CONCLUSIONS THAT THERE WAS NOT CLIMATE CHANGE. MANY REPUBLICANS SEEM TO SUGGEST THAT VICE PRESIDENT GORE COME AND BUILD AN IGLOO ON THE WHITE HOUSE. WELL, THE NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION HAS RELEASED INFORMATION THAT SAYS WE HAVE THE WARMEST JANUARY TO APRIL EVER, THE WARMEST JANUARY TO APRIL EVER SINCE THEY STARTED COLLECTING DATA IN 1880. AND WHAT DO WE GET FROM OUR REPUBLICAN COLLEAGUES? MORE DRILLING, MORE DRILLING, NOT SAFEGUARDS BUT MORE DRILLING. THEY GO OUT AND HOLD A PRESS CONFERENCE AND ASK FOR MORE OFFSHORE DRILLING. RATHER THAN THAT, THEY SHOULD CALL FOR MORE SOLAR INVESTMENT, REBATES FOR AMERICANS TO HAVE SOLAR TECHNOLOGY AND GET US AWAY FROM FOSSIL FUELS THAT ARE RUINING THE GULF AND CAUSING THE GREATEST DISASTER IN THE GULF AND THE WORST ECOLOGICAL DISASTER WE'VE KNOWN ON THIS EARTH. WHAT WE CAN DO TO PREVENT FUTURE CATASTROPHES IS CLEAR. WE NEED TO GET AWAY FROM FOSSIL FUELS. BUT REPUBLICANS ARE ONLY INTERESTED IN LINING THE POCKETS OF OIL COMPANIES AND MAKING SURE THAT THEY HAVE THE OPPORTUNITY TO DRILL, DRILL, DRILL, SPILL, SPILL, SPILL. WE NEED TO STOP IT AND WE NEED TO HAVE A POLICY THAT WORKS.

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  • 10:06:33 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN'S TIME HAS EXPIRED. THE GENTLEMAN'S TIME HAS EXPIRED. FOR…

    THE GENTLEMAN'S TIME HAS EXPIRED. THE GENTLEMAN'S TIME HAS EXPIRED. FOR WHAT PURPOSE DOES THE GENTLELADY FROM FLORIDA RISE?

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  • 10:06:39 AM

    >>

    TO ADDRESS THE HOUSE FOR ONE MINUTE AND TO REVISE AND EXTEND.

  • 10:06:42 AM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION, SO ORDERED.

  • 10:06:44 AM

    MS. ROS-LEHTINEN

    THANK YOU VERY MUCH, MR. SPEAKER. I'D LIKE TO RECOGNIZE AN OUTSTANDING…

    THANK YOU VERY MUCH, MR. SPEAKER. I'D LIKE TO RECOGNIZE AN OUTSTANDING CONSTITUENT FROM MY DISTRICT IN SOUTH FLORIDA, ISAAC BEHAR, A LONGTIME HUMANITARIAN, PHILANTHROPIST AND BUSINESSMAN. IKE WILL BE PRESENTED WITH THE LIFETIME ACHIEVEMENT AWARD BY THE MIAMI JEWISH HEALTH NETWORKS. IKE'S AMERICAN JOURNEY EMBODIES THE AMERICAN DREAM. AT THE AGE OF 20 ISAAC LEFT HAVANA FOR THE UNITED STATES WITH ONLY $50 AND THE DREAM OF BUILDING A NEW LIFE AND HELPING OTHERS. HE PROUDLY SERVED OUR COUNTRY, THE UNITED STATES, IN THE ARMY IN THE KOREAN WAR. UPON COMPLETION OF HIS SERVICE HE STARTED HIS OWN CLOTHING BUSINESS, THE IKE BEHAR COMPANY, WITH OVER 400 EMPLOYEES. AFTER SEEING THE GREAT CARE THAT HIS MOTHER-IN-LAW RECEIVED FROM THE MIAMI HEALTH NETWORKS, ISAAC DECIDED TO MAKE SURE THAT OTHERS WOULD BE ABLE TO TAKE ADVANTAGE OF THEIR GREAT SERVICES. DUE TO HIS GENEROSITY AND COMMITMENT, THE MIAMI HEALTH NETWORKS HAVE BEEN ABLE TO CONTINUE TO SERVE ALL SOUTH FLORIDIANS. IKE, I'D LIKE TO COMMEND YOU FOR YOUR SERVICE, FOR YOUR SUPPORT FOR OUR COMMUNITY AND OUR NATION. THANK YOU FOR YOUR DEDICATION AND COMMITMENT TO IMPROVING THE LIVES OF ALL SOUTH FLORIDIANS. THANK YOU.

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  • 10:07:54 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY YIELDS BACK THE BALANCE OF HER TIME. FOR WHAT PURPOSE DOES…

    THE GENTLELADY YIELDS BACK THE BALANCE OF HER TIME. FOR WHAT PURPOSE DOES THE GENTLELADY FROM ARIZONA RISE?

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  • 10:08:00 AM

    >>

    WITHOUT OBJECTION, SO ORDERED.

  • 10:08:03 AM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION, SO ORDERED.

  • 10:08:06 AM

    >>

    ENTERING THE HEART OF WILDFIRE SEASON IN ARIZONA. OVER THE COMING MONTHS,…

    ENTERING THE HEART OF WILDFIRE SEASON IN ARIZONA. OVER THE COMING MONTHS, FOLKS IN MY DISTRICT WILL BE FACED WITH SERIOUS THREATS TO THEIR LIVES AND PROPERTY TIME AND AGAIN, AND TIME AND AGAIN THESE THREATS WILL BE CONTAINED THANKS TO OUR FIREFIGHTERS. AS MUCH AS ANYONE, WE IN DISTRICT ONE KNOW THE RISK FIREFIGHTERS TAKE TO PROTECT OUR COMMUNITIES. WE REMEMBER HOW HARD THEY WORKED TO KEEP US SAFE WHEN THE RODEO FIRE FORCED THOUSANDS OF ARIZONANS TO EVACUATE THEIR HOMES.

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  • 10:08:43 AM

    MRS. KIRKPATRICK

    SAW THEM TO BATTLE THE BOGGY FIRE WHICH THEY SUCCESSFULLY CONTAINED SOUTH…

    SAW THEM TO BATTLE THE BOGGY FIRE WHICH THEY SUCCESSFULLY CONTAINED SOUTH OF ALPINE JUST YESTERDAY. THESE BRAVE MEN AND WOMEN FACE INCREDIBLE DANGER AS A BASIC PART OF THEIR JOBS. SO FAR THIS YEAR 34 FIREFIGHTERS HAVE LOST THEIR LIVES IN THE LINE OF DUTY. WE MUST HONOR THEIR SERVICE AND SACRIFICE AND RENEW OUR COMMITMENT TO PROVIDING THEM THE SUPPORT THEY NEED TO FULFILL THEIR DUTIES. IT IS THE LEAST WE CAN DO AND I YIELD BACK.

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  • 10:09:13 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY YIELDS BACK THE BALANCE OF HER TIME. FOR WHAT PURPOSE DOES…

    THE GENTLELADY YIELDS BACK THE BALANCE OF HER TIME. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM PENNSYLVANIA RISE?

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  • 10:09:19 AM

    MR. PITTS

    WITHOUT OBJECTION, SO ORDERED.

  • 10:09:22 AM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION, SO ORDERED.

  • 10:09:25 AM

    MR. PITTS

    LAST WEEK THE PRESIDENT'S CHIEF BUDGET ADVISOR, PETER ORSZAG, SAID THAT…

    LAST WEEK THE PRESIDENT'S CHIEF BUDGET ADVISOR, PETER ORSZAG, SAID THAT THE ADMINISTRATION WAS UNWILLING TO SEND A PACKAGE OF DEFICIT REDUCING BUDGET CUTS TO CAPITOL HILL. EVEN THOUGH THE PRESIDENT'S PARTY'S IN CONTROL OF BOTH HOUSES, OR SCOMBLAG DIDN'T THINK THAT ADMINISTRATION BUDGET RECOMMENDATIONS WOULD BE CONSIDERED. JUST A FEW DAYS LATER, HOWEVER, THE PRESIDENT ANNOUNCED THAT HE WANTS CONGRESS TO PASS A $50 BILLION BILL TO BAIL OUT STATES REGARDLESS OF WHETHER THAT INCREASES THE DEFICIT. SO THE ADMINISTRATION'S PERFECTLY WILLING TO DICTATE TO CONGRESS THAT WE SHOULD INCREASE OUR ALREADY BURDENSOME NATIONAL DEBT BUT WHOLLY UNWILLING TO RECOMMEND SENSIBLE CUTS TO EXISTING GOVERNMENT PROGRAMS. WE JUST CAN'T GO ON LIKE THIS. THIS WEEK GREECE JUST HAD ANOTHER DEBT RATING AGENCY SLASH THEIR BOND RATING TO JUNK. NOW, EUROPE IS PUTTING TOGETHER A BAILOUT PACKAGE FOR SPAIN. IRELAND AND PORTUGAL MAY NOT BE FAR BEHIND. THE WARNINGS ARE NUMEROUS BUT I FEAR THAT THEY ARE BEING IGNORED. WE HAVE TO GET CONTROL OF OUR FEDERAL BUDGET OR THERE'S NOT GOING TO BE ANYONE BIG ENOUGH TO BAIL US OUT. I YIELD BACK.

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  • 10:10:31 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. FOR WHAT PURPOSE DOES…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM COLORADO RISE?

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  • 10:10:36 AM

    >>

    WITHOUT OBJECTION, SO ORDERED.

  • 10:10:37 AM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION, SO ORDERED.

  • 10:10:45 AM

    MR. PERLMUTTER

    THANK YOU, MR. SPEAKER. LISTENING TO MY FRIEND FROM PENNSYLVANIA I'D…

    THANK YOU, MR. SPEAKER. LISTENING TO MY FRIEND FROM PENNSYLVANIA I'D REMIND HIM AS WELL AS OTHERS THAT THE LAST MONTH OF GEORGE BUSH THIS COUNTRY LOST 780,000 JOBS IN ONE MONTH. OK. 14 MONTHS LATER, 15 MONTHS LATER WE GAINED SOME 400,000 JOBS IN THIS COUNTRY, BUT IN THE PROCESS DOWN HERE IN THE RECESSION AFTER THE BUSH ADMINISTRATION WE LOST EIGHT MILLION JOBS. WE HAVE A LONG WAY TO GO TO PUT THOSE PEOPLE BACK TO WORK, BUT FOR DEMOCRATS THAT'S JOB NUMBER ONE, TO CONTINUE TO ADD JOBS AND PUT PEOPLE BACK TO WORK. WHEN PRESIDENT BUSH LEFT IT WAS A $1.3 TRILLION DEFICIT. WE KNOW THAT WE HAVE TO REIN IN SPENDING AND WE CAN BEGIN BY WITH IRAQ, BY DRAWING DOWN THOSE TROOPS AND SAVING THIS COUNTRY SOME REAL MONEY, BUT FIRST JOB IS TO PUT PEOPLE BACK TO WORK AND THAT'S WHAT DEMOCRATS ARE GOING TO DO. WITH THAT I'D YIELD BACK.

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  • 10:11:52 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. FOR WHAT PURPOSE DOES…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM SOUTH CAROLINA RISE?

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  • 10:11:58 AM

    MR. WILSON

    WITHOUT OBJECTION, SO ORDERED.

  • 10:12:01 AM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION, SO ORDERED.

  • 10:12:04 AM

    MR. WILSON

    A MARINE CORPS LEGEND AND BUFORD, SOUTH CAROLINA, RESIDENT PASSED AWAY…

    A MARINE CORPS LEGEND AND BUFORD, SOUTH CAROLINA, RESIDENT PASSED AWAY FRIDAY LEAVING BEHIND MANY TOUCHED LIVES. AN ICONIC IMAGE AND A LEGACY OF SERVICE TO OUR GREAT COUNTRY. THIS IS A COPY OF AN ICONIC MARINE CORPS RECRUIT PHOTO OF SERGEANT CHUCK TALIANO. THE WAY THAT HE ENDED UP ON THIS FAMOUS POSTER IS BEST REPORTED BY PATRICK DONAHUE. THE ARTICLE EXPLAINS THAT SERGEANT CHUCK TALIANO WAS AWAITING AN HONORABLE DISCHARGE AT MARINE CORPS RECRUIT DEPOT, PARIS ISLAND, 1948, WHEN THEY SNAPPED A PHOTO OF HIM GIVING A RECRUIT AN ATTITUDE READJUSTMENT. THAT CEMENTED TALIANO'S PLACE IN CORPS LEGEND. THE PHOTO CAPTURED HIS SNARLING MUG INCHES AWAY FROM A FRESH FACE RECRUIT WITH THIS CAPTION, "WE DON'T PROMISE YOU A ROWS GARDEN." IT WAS -- "WE DON'T PROMISE YOU A ROSE GARDEN." I WANT TO THANK SERGEANT TALIANO AND HIS FAMILY FOR HIS COMMITMENT TO OUR COUNTRY AND THE MARINE CORPS. MY PRAYERS IS WITH HIS FAMILY AND FRIENDS. IN CONCLUSION, GOD BLESS OUR TROOPS AND WE WILL NEVER FORGET SEPTEMBER 11 AND THE GLOBAL WAR ON TERRORISM. GOD BLESS THE U.S. MARINE CORPS.

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  • 10:13:24 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. FOR WHAT PURPOSS DOES…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. FOR WHAT PURPOSS DOES THE GENTLEMAN FROM ILLINOIS RISE?

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  • 10:13:31 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN IS RECOGNIZED.

  • 10:13:33 AM

    >>

    SPEAKER. MR. SPEAKER, I RISE IN STRONG SUPPORT OF H.R. 5297, THE SMALL…

    SPEAKER. MR. SPEAKER, I RISE IN STRONG SUPPORT OF H.R. 5297, THE SMALL BUSINESS LENDING FUND ACT.

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  • 10:13:37 AM

    MR. QUIGLEY

    THIS LEGISLATION WILL HELP THE SMALL BUSINESSES IN MY DISTRICT SUCH AS…

    THIS LEGISLATION WILL HELP THE SMALL BUSINESSES IN MY DISTRICT SUCH AS ALLEN JOE'S DELE, A FAMILY-OWNED BUSINESS IN FRANKLIN PARK WITH pUBSANDWICHES TO DIE FOR THAT IS LOOKING TO EXPAND. IT WILL ALSO SAVE BUSINESSES SUCH AS NATIONAL PLUMBING AND HEATING SUPPLY COMPANY IN ILLINOIS WHICH HAD TO SHUT DOWN AFTER SIX YEARS BECAUSE BANKS ENDED ITS LINE OF CREDIT. TO RESPOND TO THESE PROBLEMS I WILL VOTE TO CREATE A NEW $30 BILLION LOAN PROGRAM TO BOOST LENDING TO SMALL BUSINESSES SO THEY CAN EXPAND AND CREATE JOBS. I ALSO CO-SPONSORED AN AMENDMENT THAT WILL INCLUDE COMMERCIAL REAL ESTATE LENDING AT SMALL BUSINESS LENDING. THIS WILL COMPLEMENT REGULAR LENDING EFFORTS AND HELP BUSINESSES LIKE ALLEN JOE'S, CAPITALIZE ON EXISTING PROPERTY TO EXPAND AND CREATE NEW JOBS. I URGE MY COLLEAGUES TO PASS THIS CRITICAL LEGISLATION. THANK YOU AND I YIELD BACK.

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  • 10:14:28 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. FOR WHAT PURPOSE DOES…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM PENNSYLVANIA RISE?

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  • 10:14:34 AM

    MR. THOMPSON

    MR. SPEAKER, REQUEST UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE…

    MR. SPEAKER, REQUEST UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE AND TO REVISE AND EXTEND.

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  • 10:14:39 AM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION, SO ORDERED.

  • 10:14:41 AM

    MR. THOMPSON

    MR. SPEAKER, I RISE TODAY TO RECOGNIZE AND HONOR THE YOUNG TALENT OF…

    MR. SPEAKER, I RISE TODAY TO RECOGNIZE AND HONOR THE YOUNG TALENT OF ELAINE KANG, A 16-YEAR-OLD VIOLINIST FROM PENNSYLVANIA. THIS COMING SEPTEMBER SHE WILL MAKE HER RADIO DEBUT ON N.P.R.'S "FROM THE TOP," A CRITICALLY ACCLAIMED RADIO SHOW WHICH REACHES 600,000 LISTENERS EACH WEEK. IT SERVES THE TENACITY OF YOUNG MUSICIANS BY SHOWING WHO THEY ARE AND WHAT THEY CAN ACCOMPLISH. SHE MUST BE COMMENDED WITH ONLY 16 YEARS BEHIND HER AND WELL AHEAD, SHE'S ON HER WAY TO A FRUITFUL CAREER. SHE IS A ROLE MODEL TO MANY YOUNG MUSICIANS AS WELL AS HER PEERS. ELAINE CERTAINLY PROMOTES THEM. SHE HAS EXHIBITED WONDERFUL SKILL AND HER EXAMPLE SHOWS THE BENEFIT OF PURSUING ONE'S PASSION. I WISH ELAINE THE BEST OF LUCK IN HER UPCOMING TAPING IN AT THE MAJESTIC THEATER IN GETTYSBURG AND I YIELD BACK THE BALANCE OF MY TIME.

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  • 10:15:46 AM

    THE SPEAKER PRO TEMPORE

    FOR WHAT PURPOSE DOES THE GENTLEMAN RISE?

  • 10:15:50 AM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION, SO ORDERED.

  • 10:15:53 AM

    MR. BACA

    WITH MY COLLEAGUES ON THE OTHER SIDE OF THE AISLE THAT AMERICA'S BORDERS…

    WITH MY COLLEAGUES ON THE OTHER SIDE OF THE AISLE THAT AMERICA'S BORDERS MUST BE SECURED. BORDER SECURITY IS AN IMPORTANT PART OF COMPREHENSIVE REFORM. BUT WE SIMPLY CANNOT IGNORE THE 12 MILLION INDIVIDUALS WHO ARE FORCED TO LIVE IN THE SHADOWS OF OUR SOCIETY. OUR BROKEN IMMIGRATION SYSTEM IS TEARING FAMILIES APART, THOUSANDS OF FAMILIES EVERY YEAR. THE DEPARTMENT OF HOMELAND SECURITY REPORTS THAT OVER THE LAST 10 YEARS MORE THAN 100,000 IMMIGRANT PARENTS WITH U.S. CITIZEN CHILDREN HAVE BEEN DEPORTED. MISGUIDED LAWS LIKE THE ARIZONA S.B. 1070 DON'T HELP KEEP FAMILIES TOGETHER. IMMIGRATION IS A FEDERAL PROBLEM THAT CAN ONLY BE SOLVED WITH COMPREHENSIVE APPROACH THAT IS BOTH SENSITIVE TO FAMILIES AND ENSURES BORDER SECURITY. I URGE MY COLLEAGUES, BOTH DEMOCRATS AND REPUBLICANS, TO CO-SPONSOR H.R. 4321, AND LAST BUT NOT LEAST, I'D LIKE TO WISH THE WOMEN'S GOOD LUCK TONIGHT IN THEIR SOFTBALL GAME.

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  • 10:16:43 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. . FOR WHAT PURPOSE DOES…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. . FOR WHAT PURPOSE DOES THE GENTLEMAN FROM NEBRASKA RISE?

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  • 10:16:52 AM

    >>

    ADDRESS THE HOUSE FOR ONE MINUTE. REVISE AND EXTEND.

  • 10:16:54 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN IS RECOGNIZED.

  • 10:16:59 AM

    >>

    YES, THE --

  • 10:17:27 AM

    MR. FORTENBERRY

    TIGHTENING THE BELT, MAKING HARD CHOICES, AND RELIEVING THE MASSIVE DEBT…

    TIGHTENING THE BELT, MAKING HARD CHOICES, AND RELIEVING THE MASSIVE DEBT BURDEN THAT WILL OTHERWISE BE LEFT TO OUR CHILDREN AND GRANDCHILDREN, THIS IS THE CHARGE OF CONGRESS. THIS IS OUR DUTY. THIS IS WHAT THE AMERICAN PEOPLE DESERVE. GOVERNMENT SPENDING AND OVERREACH ARE ERODING ECONOMIC CONFIDENCE. YET THERE IS NEITHER A POLITICAL WILL NOR MECHANISM IN WASHINGTON RIGHT NOW FOR ADDRESSING THE SPIRALING DEBT AND DEFICIT. RIGHT NOW THERE ISN'T EVEN A BUDGET AND THIS IS UNCONSCIONABLE AND UNSUSTAINABLE. OUR CONSTITUENTS DESERVE A NATION WITH ITS FISCAL HOUSE IN ORDER AND THIS STARTS WITH THE RESPONSIBLE BUDGET PLAN. I YIELD BACK.

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  • 10:18:05 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. FOR WHAT PURPOSE DOES…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM MASSACHUSETTS RISE?

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  • 10:18:09 AM

    >>

    REQUEST PERMISSION TO ADDRESS THE HOUSE FOR ONE MINUTE. REVISE AND EXTEND…

    REQUEST PERMISSION TO ADDRESS THE HOUSE FOR ONE MINUTE. REVISE AND EXTEND MY REMARKS.

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  • 10:18:12 AM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION, SO ORDERED.

  • 10:18:14 AM

    MR. NEAL

    WE HAD AN OPPORTUNITY YESTERDAY TO WITNESS ANOTHER HAPPY MOMENT. 38 YEARS…

    WE HAD AN OPPORTUNITY YESTERDAY TO WITNESS ANOTHER HAPPY MOMENT. 38 YEARS AFTER 13 OF OUR MEN AND WOMEN WERE SHOT DEAD IN IRELAND ON A DAY NOW KNOWN AS BLOODY SUNDAY, THE FAMILIES AND RELATIVES OF THE VICTIMS HAVE FOUND JUSTICE THEY HAVE BEEN SEEKING FOR DECADES. THEY LEARNED THE TRUTH YESTERDAY ABOUT WHAT HAPPENED DURING A PEACEFUL CIVIL RIGHTS MARCH IN JANUARY OF 1972. THEY HEARD THE BRITISH PRIME MINISTER DAVID CAMERON SAY THEIR LOVED ONES WERE INNOCENT AND THE ACTIONS OF THE REGIMENT THAT DAY WERE UNJUSTIFIED AND WRONG. IF BLOODY SUNDAY WAS A DEFINING DAY IN THE HISTORY OF THE TROUBLES, LET US HOPE THE PUBLICATION OF THE REPORT WILL BE A TRANSFORMATIVE MOMENT FOR THE PEOPLE OF NORTHERN ISLAND. TODAY WE REMEMBER THOSE WHO LOST THEIR LIVES MARCHING. WE REMEMBER BLOODY SUNDAY AND THOSE WHO WERE WOUNDED. THE INNOCENT PEOPLE HAVE BEEN EXONERATED. FOR THOSE OF US WHO STOOD UP WITH THOSE FAMILIES OVER THE COURSE OF ALMOST FOUR DECADES, AND I WAS A STRONG SUPPORTER OF THOSE FAMILIES, THIS IS A MOMENT OF SATISFACTION. AND IN DAIRY PEOPLE CHEERED THE VIND DAYS OF THEIR LOVED ONES WHO DIED ON THAT TRAGIC, TRAGIC DAY.

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  • 10:19:26 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. FOR WHAT PURPOSE DOES…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. FOR WHAT PURPOSE DOES THE GENTLELADY FROM WASHINGTON RISE?

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  • 10:19:30 AM

    MRS. MCMORRIS RODGERS

    I REQUEST PERMISSION TO ADDRESS THE HOUSE FOR ONE MINUTE. REVISE AND…

    I REQUEST PERMISSION TO ADDRESS THE HOUSE FOR ONE MINUTE. REVISE AND EXTEND MY REMARKS.

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  • 10:19:34 AM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION, SO ORDERED.

  • 10:19:36 AM

    MRS. MCMORRIS RODGERS

    THANK YOU, MR. SPEAKER. I RISE TODAY TO CONGRATULATE AN EIGHTH GRADE…

    THANK YOU, MR. SPEAKER. I RISE TODAY TO CONGRATULATE AN EIGHTH GRADE STUDENT FROM WALLA WALLA, WASHINGTON, THE WINNER OF THE FIRST GIRLS ROCK THE HOUSE CONTEST IN MY HOME STATE. AT A TIME WHEN ONLY 17% OF CONGRESS IS MADE UP OF WOMEN, WE NEED TO BE DOING A BETTER JOB OF MAKING YOUNG LADIES AWARE OF THE OPPORTUNITIES AND ENCOURAGING MORE YOUNG WOMEN TO BECOME INVOLVED IN PUBLIC SERVICE. THAT'S WHY I'M A STRONG SUPPORTER OF GIRLS ROCK THE HOUSE AND I'M VERY PROUD OF THIS YEAR'S WINNER. THE BILL ELIE WROTE IS WELL RESEARCHED, WELL WRITTEN. IT'S AN IDEA TO PROMOTE HEALTHY LIVING AND I AM APROUD TO STAND BEFORE MY COLLEAGUES AND ASK THEM TO JOIN ME IN RECOGNIZING HER ACHIEVEMENT ON BEHALF OF THE UNITED STATES CONGRESS, CONGRATULATIONS, WELL-DONE.

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  • 10:20:24 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY YIELDS BACK HER TIME. FOR WHAT PURPOSE DOES THE GENTLEMAN…

    THE GENTLELADY YIELDS BACK HER TIME. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM CONNECTICUT RISE?

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  • 10:20:31 AM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION, SO ORDERED.

  • 10:20:37 AM

    MR. COURTNEY

    IS WHEN THE POLITICIAN TELLS THE TRUTH. THE REPUBLICAN LEADER, MR.…

    IS WHEN THE POLITICIAN TELLS THE TRUTH. THE REPUBLICAN LEADER, MR. BOEHNER, PROVED THIS POINT THE OTHER DAY WHEN HE WAS ASKED POINT-BLANK WHETHER HE AGREES WITH THE CHAMBER OF COMMERCE THE GOVERNMENT SHOULD PITCH IN TO PAY FOR B.P.'S OIL SPILL. HE REPLIED, I THINK B.P. AND THE FEDERAL GOVERNMENT SHOULD TAKE FULL RESPONSIBILITY FOR WHAT'S HAPPENING HERE. HIS WORDS CLEARLY MISSTATED THE LAW. B.P. IS SOLELY RESPONSIBLE AND HIS STAFF WENT INTO DAMAGE CONTROL OVERDRIVE AFTERWARDS TO CLEAN UP HIS MESS. BUT THIS GAFFE CONFIRMS WHAT EVERYONE KNOWS IN THEIR HEART, WASHINGTON REPUBLICANS FOR THE LAST 40 YEARS HAVE BEEN ALLIES OF THE OIL COMPANIES' PUSH TO SHIFT THE RISK OF OIL PRODUCTION ON TO THE TAXPAYER AND KEEP THE+ BENEFIT TO THEMSELVES. AMERICANS LISTENING TODAY SHOULD KNOW NO MATTER WHAT THE REPUBLICAN LEADER SAYS, THE DEMOCRATIC MAJORITY UNDERSTANDS THAT B.P. IS SOLELY RESPONSIBLE FOR THE CLEANUP. THE TAXPAYER WILL BE REPAID FOR ITS COSTS. AND THAT B.P. WILL COMPENSATE SMALL BUSINESSES AND WORKING FAMILIES FOR THE DAMAGE DONE TO THEIR LIVES. NO MORE FREE RIDES COURTESY OF THE AMERICAN TAXPAYER.

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  • 10:21:38 AM

    THE SPEAKER PRO TEMPORE

    MEMBERS WILL BE REMINDED TO DIRECT THEIR REMARKS TO THE CHAIR. FOR WHAT…

    MEMBERS WILL BE REMINDED TO DIRECT THEIR REMARKS TO THE CHAIR. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM KENTUCKY RISE?

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  • 10:21:46 AM

    MR. YARMUTH

    PERMISSION TO ADDRESS THE HOUSE FOR ONE MINUTE.

  • 10:21:48 AM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION, SO ORDERED.

  • 10:21:50 AM

    MR. YARMUTH

    MR. SPEAKER, AFTER A YEAR AND A LITTLE BIT MORE OF DEBATING HEALTH CARE IN…

    MR. SPEAKER, AFTER A YEAR AND A LITTLE BIT MORE OF DEBATING HEALTH CARE IN THIS COUNTRY, WITH ALL THE NUMBERS AND RHETORIC, SOMETIMES WE LOSE SIGHT OF THE ACTUAL HUMAN FACE OF WHAT WE ACCOMPLISH FOR THE AMERICAN PEOPLE. I HAVE THE GREAT HONOR TODAY OF BEING JOINED BY TWO BRIGHT AND BEAUTIFUL YOUNG WOMEN, CAMILLE AND MARILYN FROM LOUISVILLE, ACCOUNT KENTUCKY, SEVEN AND NINE YEARS OLD. THEY BOTH WILL TETHERED CHORD SYNDROME THAT WAS TREATED IN MY HOMETOWN. %% THEY ARE DOING GREAT. THEY WILL GROW UP TO BE WHATEVER THEY WANT TO BE. I'M GLAD THEY ARE NOT 25 BECAUSE PROBABLY ONE OF THEM WOULD TAKE MY SEAT. BUT THE IMPORTANT THING IS NOW BECAUSE OF THE HEALTH CARE BILL THAT WE PASSED, THEY CAN BE ANYTHING THEY WANT TO BE. THEY CAN GO TO GRAD SCHOOL. THEY CAN STAY ON THEIR PARENTS' POLICY UNTIL THEY ARE 26. THEY HAVE TOTAL FREEDOM WITHOUT REGARD OF BEING DENIED COVERAGE. THIS IS ONE OF THE GREAT BENEFITS OF THE HEALTH CARE ACT THAT WE ACHIEVE FOR THE AMERICAN PEOPLE AND THERE ARE MILLIONS MORE LIKE MADELINE AND CAMILLE WHO WOULD BENEFIT FOR THE REST OF THEIR LIVES. I'M SO PROUD OF WHAT WE ACCOMPLISHED FOR THEM AND MILLIONS OF AMERICAN YOUNG POOL. I YIELD BACK.

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  • 10:23:03 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. FOR WHAT PURPOSE DOES…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. FOR WHAT PURPOSE DOES -- FOR WHAT PURPOSE DOES THE GENTLELADY FROM NEVADA RISE?

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  • 10:23:23 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY IS RECOGNIZED.

  • 10:23:25 AM

    MS. TITUS

    YOU, MR. SPEAKER. TODAY THE SENATE WILL HOLD A SUBCOMMITTEE HEARING ON THE…

    YOU, MR. SPEAKER. TODAY THE SENATE WILL HOLD A SUBCOMMITTEE HEARING ON THE SLOAN HILLS WITHDRAWAL ACT INTRODUCED BY MAJORITY LEADER REID. I'M A CO-SPONSOR AND STRONG SUPPORTER OF A HOUSE COMPANION TO THIS LEGISLATION. THE BILL WOULD WITHDRAW A 640-ACRE SITE NEAR THE SUN CITY ANTHEM COMMUNITY IN HENDERSON FROM BEING MADE AVAILABLE FOR MINING PURPOSES. THE PROPOSED MINING OPERATION WOULD CAUSE AIR QUALITY DETERIORATION, A SERIOUS CONCERN ESPECIALLY FOR SENIORS AND CHILDREN WHO ARE VULNERABLE TO RESPIRATORY DISEASES. THE PROPOSAL IS ALSO WATER INTENSIVE AND WILL INCREASE TRAFFIC IN THE AREA. RESIDENTS OF NEARBY COMMUNITIES WHICH ARE IN DISTRICT THREE WOULD BE MOST DIRECTLY IMPACTED BY THIS. THAT'S WHY I ATTENDED A PUBLIC MEETING IN APRIL OF LAST YEAR WITH MORE THAN 400 CONCERNED RESIDENTS OF THE AREA. I HEARD LOUD AND CLEAR THAT THE PROPOSED MINE WAS UNACCEPTABLE. THIS ACT WOULD ENSURE AN AGGREGATE MINE IS NOT DEVELOPED IN THIS SITE AND IT WILL PROTECT THE HEALTH AND WELL-BEING OF MY CONSTITUENTS IN HENDERSON. SO I URGE ITS PASSAGE. THANK YOU VERY MUCH.

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  • 10:24:36 AM

    THE SPEAKER PRO TEMPORE

    FOR WHAT PURPOSE DOES THE GENTLEMAN FROM MINNESOTA RISE?

  • 10:24:40 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN IS RECOGNIZED.

  • 10:24:46 AM

    >>

    MR. SPEAKER, I RISE TODAY TO HONOR SCOTT FROM MINNESOTA. HE WAS THIS…

    MR. SPEAKER, I RISE TODAY TO HONOR SCOTT FROM MINNESOTA. HE WAS THIS YEAR'S RECIPIENT OF THE MINNESOTA FOUNDATION'S OUTSTANDING EDUCATOR AWARD. THIS AWARD RECOGNIZES EXEMPLARY TEACHERS WHO SUPPORT, INSPIRE , AND ASSIST STUDENTS TO ACHIEVE THEIR FULL POTENTIAL.

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  • 10:25:02 AM

    MR. WALZ

    BY STUDENTS, PARENTS, COLLEAGUES, AND COMMUNITY LEADERS. THE PEOPLE THAT…

    BY STUDENTS, PARENTS, COLLEAGUES, AND COMMUNITY LEADERS. THE PEOPLE THAT MATTER MOST. AS A TEACHER ON LEAVE MYSELF FROM THE HIGH SCHOOL I HAD THE HONOR OF TEACHING IN THE CLASSROOM NEXT TO SCOTT. I HAVE SEEN HIS PASSION AND OUTSTANDING LEADERSHIP INSPIRED STUDENTS. HE ENCOURAGES HIS STUDENTS TO LEARN THE MATERIAL NOT SIMPLY THROUGH A TEST BUT TEST THEIR KNOWLEDGE AND THEIR LIMITS. SCOTT'S SUCCESS WITH STUDENTS IS UNPARALLELED. OVER THE PAST 11 YEARS, THE STUDENTS IN HIS RIGOROUS ADVANCED PLACEMENT GOVERNMENT AND POLITICS CLASS HAVE MAINTAINED AN 80% PASS RATE ON THE NATIONAL EXAM. WELL ABOVE ALL AVERAGES. LAST YEAR 85 STUDENTS TOOK THE EXAM WITH A PASS RATE OF 94%. AND 54% ACHIEVED FIVE OUT OF FIVE. STUDENTS IN SCOTT'S ADVANCED PLACEMENT GOVERNMENT CLASS COME AWAY WITH NOT ONLY SUPERIOR KNOWLEDGE OF OUR POLITICAL SYSTEM BUT DEEP LOVE FOR OUR DEMOCRACY. FOR 27 YEARS HE HAS CHALLENGED AND INSPIRED AND I HOPE IT'S ANOTHER 27. CONGRATULATIONS, SCOTT.

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  • 10:26:03 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. FOR WHAT PURPOSE DOES…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. FOR WHAT PURPOSE DOES THE GENTLELADY FROM NEVADA RISE?

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  • 10:26:08 AM

    MS. BERKLEY

    WITHOUT OBJECTION.

  • 10:26:12 AM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION.

  • 10:26:16 AM

    MS. BERKLEY

    CRISIS AND TRAGEDY IN THE GULF MUST BE A WAKE-UP CALL TO AMERICA THAT WE…

    CRISIS AND TRAGEDY IN THE GULF MUST BE A WAKE-UP CALL TO AMERICA THAT WE MUST BREAK OUR ADDICTION TO FOSSIL FUEL AND MOVE WITH ALL DELIBERATE HASTE TO A RENEWABLE ENERGY FUTURE OR AMERICA SIMPLY WILL HAVE NO FUTURE. ENERGY INDEPENDENCE IS AN ECONOMIC NECESSITY WE CAN CREATE AN ENTIRE ECONOMY BASED ON GREEN JOBS. IT'S NOT ONLY AN ENVIRONMENTAL NECESSITY, LOOK AT THE CRISIS THAT WE HAVE IN THE GULF WITH THE LOSS OF LIFE AND THE DESTRUCTION OF AN ECOSYSTEM THAT WILL TAKE A LIFETIME TO FIX. IT'S A NATIONAL SECURITY IMPERATIVE. WE HAVE TO BREAK AWAY OUR -- BREAK FROM OUR RELIANCE ON THE SAUDIS AND VENEZUELANS AND B.P.'S OF THE WORLD AND HARNESS THE SUN, WIND, GEOTHERMAL, BIOMASS. THE STATE OF NEVADA CAN BECOME THE EPICENTER OF RENEWABLE ENERGY. WE JUST NEED THE WILL TO DO IT. I YIELD BACK AND ASK MY COLLEAGUES TO PLEASE JOIN ME IN A RENEWABLE ENERGY FUTURE FOR THIS GREAT COUNTRY.

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  • 10:27:17 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY YIELDS BACK. FOR WHAT PURPOSE DOES THE GENTLELADY FROM OHIO…

    THE GENTLELADY YIELDS BACK. FOR WHAT PURPOSE DOES THE GENTLELADY FROM OHIO RISE?

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  • 10:27:22 AM

    >>

    PERMISSION TO ADDRESS THE HOUSE FOR ONE MINUTE. REVISE AND EXTEND.

  • 10:27:25 AM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION.

  • 10:27:28 AM

    MS. FUDGE

    YOU, MADAM SPEAKER. MADAM SPEAKER, WALL STREET REFORM IS CRITICAL TO…

    YOU, MADAM SPEAKER. MADAM SPEAKER, WALL STREET REFORM IS CRITICAL TO CREATING JOBS AND GROWING OUR ECONOMY. AS WE REBUILD AMERICA, WE MUST ENSURE THAT WALL STREET WON'T GAMBLE AGAIN WITH OUR FUTURES. I SUPPORT THE RESTORING AMERICAN FINANCIAL STABILITY ACT BECAUSE IT INCLUDES COMMONSENSE REFORMS TO HOLD WALL STREET AND THE BIG BANKS ACCOUNTABLE. THIS BILL WILL END BAILOUTS BY ENSURING TAXPAYERS ARE NEVER AGAIN ON THE HOOK FOR WALL STREET'S RISKY DECISIONS AND WILL REIN IN BIG BANKS AND THEIR BIG BONUSES. IT PROTECTS FAMILIES' RETIREMENT FUNDS, COLLEGE SAVINGS, HOMES AND BUSINESSES FINANCIAL FUTURES FROM UNNECESSARY RISK BY LENDERS. IT ALSO SAFEGUARDS THE AMERICAN PEOPLE FROM TERRITORY LENDING ABUSES WHICH RESULTED IN MILLIONS OF FORECLOSURES OVER THE PAST FEW YEARS. THE AMERICAN PEOPLE DESERVE AND WANT THESE REFORMS. LET'S GIVE AMERICANS WHAT THEY DESERVE. FAIRNESS AND THE -- IN THE FINANCIAL SYSTEM. I YIELD BACK.

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  • 10:28:25 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY YIELDS BACK. FOR WHAT PURPOSE DOES THE GENTLELADY FROM…

    THE GENTLELADY YIELDS BACK. FOR WHAT PURPOSE DOES THE GENTLELADY FROM CALIFORNIA RISE?

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  • 10:28:34 AM

    >>

    WITHOUT OBJECTION.

  • 10:28:36 AM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION.

  • 10:28:41 AM

    MS. SANCHEZ

    GOOD MORNING, MADAM SPEAKER. I RISE TODAY TO RECOGNIZE A VERY SPECIAL…

    GOOD MORNING, MADAM SPEAKER. I RISE TODAY TO RECOGNIZE A VERY SPECIAL INDIVIDUAL BY THE NAME OF FIRST LIEUTENANT WAYNE T. HOGANCAMP. HE LIVES IN ORANGE COUNTY, CALIFORNIA, WAS AWARDED THE THIRD HIGHEST HONOR IN THE MILITARY FOR GALLANTRY OF ACTION, IS THE VER STAR, ON JANUARY 1, 1945. WHILE IN COMMAND OF AN M-8 CANNON PLATOON AND ADVANCING OVER AN ENEMY CONTROLLED ROAD IN THE PHILIPPINES, HE MANEUVERED HIS M-8 THROUGH A BARRAGE OF ENEMY ARTILLERY FIRE AND SUCCESSFULLY DESTROYED TWO 77 MILLIMETER GUNS THUS ALLOWING HIS COLUMN TO ADVANCE. WHILE CONTINUOUSLY EXPOSED TO ENEMY FIRE AND USING A BURNING M-5 TANK FOR COVER, HE ELIMINATED THE ENEMY THREAT, ALLOWING THE SAFE PASSAGE OF HIS MEN. FIRST LIEUTENANT HOGANCAMP'S BRAVERY IS A TESTAMENT TO THE DEDICATION AND VALOR OF HIMSELF, HIS UNIT, AND THE UNITED STATES ARMY. IT WAS AN HONOR FOR ME AND MY OFFICE TO HAVE HELPED LIEUTENANT HOGANCAMP OBTAIN HIS MUCH DESERVED SILVER STAR MEDAL AND TO HAVE PRESENTED TO HIM THIS PAST WEEKEND. 65 YEARS AFTER HIS HEROIC ACT. MADAM SPEAKER, PLEASE JOIN ME IN HONORING FIRST LIEUTENANT WAYNE T. HOGANCAMP OF THE UNITED STATES ARMY. THANK YOU. I YIELD BACK. .

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  • 10:30:15 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY YIELDS BACK THE BALANCE OF HER TIME. FOR WHAT PURPOSE DOES…

    THE GENTLELADY YIELDS BACK THE BALANCE OF HER TIME. FOR WHAT PURPOSE DOES THE GENTLELADY FROM CALIFORNIA RISE?

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  • 10:30:21 AM

    >>

    WITHOUT OBJECTION.

  • 10:30:23 AM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION.

  • 10:30:28 AM

    MS. SPEIER

    I HAVE ONE QUESTION, HOW LONG UNTIL WE DO SOMETHING ABOUT OUR RELIANCE ON…

    I HAVE ONE QUESTION, HOW LONG UNTIL WE DO SOMETHING ABOUT OUR RELIANCE ON OIL? THE AMOUNT OF OIL THAT HAS SPILLED IN THE GULF SINCE ITS INCEPTION IS 65,000 BARRELS A DAY, UP FROM 1,000 BARRELS. DO YOU REALIZE THAT IF WE HAD RETROFITTED 100,000 HOMES IN THIS COUNTRY IT WOULD EQUAL THE AMOUNT OF OIL THAT'S BEEN SPILLED INTO THE GULF DURING THIS TIME. I SAY TO LL OF US IT'S TIME TO TAKE DECISIVE ACTION. IT'S TIME TO RID OURSELVES ON OUR DEPENDENCE ON OIL. WE CAN DO SO BY EMBRACING THE HOME STAR PROGRAM THAT THE HOUSE HAS ALREADY PASSED AND REALLY WHAT WE SHOULD DO IS ASK B.P. TO PUT INTO AN ESCROW ACCOUNT $6 BILLION, AND WITH $6 BILLION, DO YOU KNOW WHAT WE CAN DO? WE CAN RETROFIT OVER THREE MILLION HOMES IN AMERICA. AND BY THE WAY, WE CAN PUT TO WORK 160,000 AMERICANS. I YIELD BACK.

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  • 10:31:36 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY YIELDS BACK THE BALANCE OF HER TIME. FOR WHAT PURPOSE DOES…

    THE GENTLELADY YIELDS BACK THE BALANCE OF HER TIME. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM INDIANA RISE?

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  • 10:31:42 AM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION.

  • 10:31:45 AM

    >>

    I RISE TODAY AS THE CHAMPION OF THE SMALL BUSINESS COMMUNITY TO ASK…

    I RISE TODAY AS THE CHAMPION OF THE SMALL BUSINESS COMMUNITY TO ASK MEMBERS TO SUPPORT THE FLOOR MANAGER'S AMENDMENT.

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  • 10:31:52 AM

    MR. CARSON

    IT INCLUDES MY PROVISION WHICH AMENDMENTS H.R. 5297 TO MAKE SURE THAT…

    IT INCLUDES MY PROVISION WHICH AMENDMENTS H.R. 5297 TO MAKE SURE THAT WOMEN AND MINORITY OWNED BUSINESSES ARE ALLOWED LENDING OPPORTUNITIES TO HAVE ACCESS TO CAPITAL. IT REQUIRES STATES TO APPLY -- APPLY TO RECEIVE FEDERAL CONTRIBUTIONS FOR THEIR CAPITAL ACCESS PROGRAMS TO SUBMIT A REPORT. THIS REPORT WILL EXPLAIN HOW THEY PLAN TO PROVIDE LENDING OPPORTUNITIES FOR SMALL BUSINESSES IN UNDERSERVED AND LOW AND MODERATE-INCOME COMMUNITIES. ACCORDING TO S.B.A. ESTIMATES, ABOUT 60% OF THE JOBS LOST IN 2008 THROUGH THE SECOND QUARTER OF 2009 WERE LOST IN SMALL FIRMS. AS OUR NATION CONTINUES ITS RECOVERY FROM THE WORST ECONOMIC DOWNTURN SINCE THE GREAT DEPRESSION, WE MUST RECOGNIZE THAT OUR COMEBACK WILL ONLY GO AS FAR AS OUR SMALL BUSINESSES ALLOW. THIS INCLUDES TAPPING INTO THE POTENTIAL OF WOMEN AND MINORITY OWNED SMALL BUSINESSES. SEVERAL STUDIES HAVE FOUND THAT THESE SMALL BUSINESS OWNERS ARE MORE LIKELY TO EXPERIENCE LOAN DENIALS, PAY HIGHER INTEREST RATES AND LESS LIKELY TO APPLY FOR LOANS BECAUSE OF FEAR OF REJECTION. I UNDERSTAND THAT BECAUSE OF THE ECONOMIC CHALLENGES WE FACE BANKS CANNOT LEND TO EXISTING OUR EXPIRING BUSINESS OWNERS BUT I UNDERSTAND THAT WE MUST WORK WITH STATES TO INCREASE LENDING OPPORTUNITIES FOR WOMEN AND MINORITY OWNED BUSINESSES.

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  • 10:33:11 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN'S TIME HAS EXPIRED.

  • 10:33:13 AM

    MR. CARSON

    I YIELD BACK MY TIME.

  • 10:33:22 AM

    THE SPEAKER PRO TEMPORE

    FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM ILLINOIS RISE?

  • 10:33:26 AM

    >>

    WITHOUT OBJECTION.

  • 10:33:45 AM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION.

  • 10:33:54 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM TEXAS IS RECOGNIZED.

  • 10:33:59 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM TEXAS RESERVES THE RIGHT -- THE TIME.

  • 10:34:04 AM

    MR. NEUGEBAUER

    WHILE I DO NOT PLAN TO OBJECT, I WANT TO POINT OUT BY ACCEPTING THE…

    WHILE I DO NOT PLAN TO OBJECT, I WANT TO POINT OUT BY ACCEPTING THE CHAIRMAN'S REQUEST WE'RE AGREEING TO HELP YOU FIX A DRAFT ISSUE WITH YOUR AMENDMENT. HOWEVER, REPUBLICANS ALSO NOTE THAT ONLY ONE OF OUR AMENDMENTS WAS MADE IN ORDER TODAY. SO AT THE SAME TIME WE ARE AGREEING TO HELP YOU FIX YOUR AMENDMENT, AN AMENDMENT, BY THE WAY, THAT IS CONSIDERED ADOPTED WITHOUT A VOTE, YOUR SIDE HAS BLOCKED ALL BUT ONE OF OUR AMENDMENTS FROM COMING UP. I JUST WANTED TO MAKE SURE WE'RE CLEAR ON HOW THINGS ARE HANDLED IN THE HOUSE BEFORE WE MOVE ON THIS BILL. WITH THAT I WITHDRAW MY OBJECTION.

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  • 10:34:37 AM

    THE SPEAKER PRO TEMPORE

    THE RESERVATION IS WITHDRAWN. WITHOUT OBJECTION, SO ORDERED. FOR WHAT…

    THE RESERVATION IS WITHDRAWN. WITHOUT OBJECTION, SO ORDERED. FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM ILLINOIS RISE?

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  • 10:34:44 AM

    >>

    MADAM SPEAKER, I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE…

    MADAM SPEAKER, I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS TO REVISE AND EXTEND THEIR REMARKS ON H.R. 5297 AND TO INSERT EXTRANEOUS MATERIAL THEREON.

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  • 10:34:56 AM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION. PURSUANT TO HOUSE RESOLUTION 1436 AND RULE 18, THE…

    WITHOUT OBJECTION. PURSUANT TO HOUSE RESOLUTION 1436 AND RULE 18, THE CHAIR DECLARES THE HOUSE IN THE COMMITTEE OF THE WHOLE HOUSE ON THE STATE OF THE UNION FOR THE CONSIDERATION OF H.R. 5297. THE CHAIR NOW APPOINT THE GENTLEMAN FROM ARIZONA, MR. PASTOR, TO PROCEED OVER THE COMMITTEE OF THE WHOLE.

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  • 10:35:44 AM

    THE CHAIR

    MINUTES. THE CHAIR

  • 10:35:52 AM

    THE CLERK

    2010, AND G.D.P. IS

  • 10:36:06 AM

    THE CHAIR

    HAND BANK REGULATORS

  • 10:36:47 AM

    MS. BEAN

    BRINGS TREMENDOUS RETURNS. THE TERMS OF THE CAPITAL

  • 10:36:50 AM

    THE CHAIR

    BRINGS TREMENDOUS RETURNS. THE TERMS OF THE CAPITAL

  • 10:36:53 AM

    MS. BEAN

    BRINGS TREMENDOUS RETURNS. THE TERMS OF THE CAPITAL PROVIDED TO BANKS ARE…

    BRINGS TREMENDOUS RETURNS. THE TERMS OF THE CAPITAL PROVIDED TO BANKS ARE PERFORMANCE BASED. THE MORE A BANK INCREASES ITS SMALL LENDING -- SMALL BUSINESS LENDING THE LOWER THE DIVIDEND RATE FOR THE SBLF CAPITAL. IF A BANK DECREASES ITS SMALL BUSINESS LENDING IT WILL BE PENALIZED WITH HIGHER DIVIDEND RATES. THIS LEGISLATION INCLUDES STRONG SAFEGUARDS TO ENSURE THAT BANKS ADEQUATELY UTILIZE ADEQUATE FUNDS TO INCREASE LENDING TO SMALL BUSINESSES, NOT FOR OTHER LENDING OR TO IMPROVE THEIR BALANCE SHEET. THERE WILL BE OVERSIGHT CONSISTENTLY THROUGHOUT THE PROGRAM, PLUS IT REQUIRES THAT THE CAPITAL BE INVESTED IN STRONG FINANCIAL INSTITUTIONS WITH LITTLE RISK AT DEFAULT, THAT ARE IN BEST POSITION TO INCREASE SMALL BUSINESS LENDING. IT'S IMPORTANT FOR AMERICANS TO UNDERSTAND THAT ALTHOUGH THIS FUND HAS A MAXIMUM VALUE OF $30 BILLION, IT IS GOING TO HAVE A PROFIT AND IT WILL GO NOT TO BANKS BUT TO THE SMALL BUSINESSES AND THE COMMUNITIES THAT THEY LEND TO. AS OUR FINANCIAL SYSTEM STABILIZES AND OUR COMMUNITY BANKS RECAPITALIZE, THESE FUNDS WILL BE REPAID TO TREASURY WITH FULL REPAYMENT REQUIRED OVER THE NEXT 10 YEARS. ALSO INCLUDED IN THE FINANCIAL SERVICES PORTION OF THIS BILL IS THE STATE SMALL BUSINESS CREDIT INITIATIVE CHAMPIONED BY OUR COLLEAGUE, MR. PETERS. THE UNDERLYING BILL PROVIDES $2 BILLION IN FUNDING FOR NEWER EXISTING STATE LENDING PROGRAMS. THIS PROGRAM PROVIDES FUNDING -- I YIELD MYSELF ANOTHER MINUTE.

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  • 10:42:05 AM

    THE CHAIR

    THE YALE THE GENTLELADY IS RECOGNIZED FOR AN A-- THE GENTLELADY IS…

    THE YALE THE GENTLELADY IS RECOGNIZED FOR AN A-- THE GENTLELADY IS RECOGNIZED FOR AN ADDITIONAL MINUTE.

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  • 10:42:12 AM

    MS. BEAN

    PROVIDES FUNDING FOR STATES TO EXPAND OR CREATE LENDING PROGRAMS THAT USE…

    PROVIDES FUNDING FOR STATES TO EXPAND OR CREATE LENDING PROGRAMS THAT USE SMALL AMOUNTS OF PUBLIC RESOURCES TO GENERATE PRIVATE BANK FINANCING AND ARE DESIGNED TO ADDRESS CRITICAL REASONS WHY BANKS ARE HAVING TROUBLE MAKING INCREASED INVESTMENTS NOW. LACK OF ADEQUATE CAPITAL RESERVES ON THE PART OF LENDERS AND COLLATERAL SHORTFALLS ON THE PART OF BORROWERS. THE STATE SMALL BUSINESS CREDIT INITIATIVE IS REQUIRED TO LEVERAGE $10 FOR EVERY $1 OF GOVERNMENT FUNDING. MANY OF THE EXISTING CAPITAL ACCESS PROGRAM -- BY SUPPORTING EXISTING PROGRAMS AND USING AN EASY TO REPLICATE MODEL, THIS PROGRAM WILL BE QUICKLY RAMPED UP TO INCREASE SMALL BUSINESS LENDING WHICH WILL RETAIN AND CREATE JOBS. SMALL BUSINESSES ARE THE JOB CREATORS OF OUR NATION, SUPPORTING THEIR ABILITY TO GROW AND INNOVATE IS KEY TO A ROBUST AND STABLE ECONOMIC RECOVERY. I COMMEND THE LEADERSHIP OF CHAIRMAN FRANK AND CHAIRWOMAN VELAZQUEZ IN BRINGING THIS PACKAGE TO THE FLOOR WHICH WILL PROVIDE CRITICAL SUPPORT TO HALF OF ALL AMERICAN WORKERS WHO EITHER OWN OR WORK FOR A SMALL BUSINESS. MR. SPEAKER, I RESERVE THE BALANCE OF MY TIME.

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  • 10:43:17 AM

    THE CHAIR

    THE JAIL RESERVES HER TIME. THE GENTLEMAN FROM TEXAS. -- THE GENTLELADY…

    THE JAIL RESERVES HER TIME. THE GENTLEMAN FROM TEXAS. -- THE GENTLELADY RESERVES HER TIME. THE GENTLEMAN FROM TEXAS.

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  • 10:43:24 AM

    MR. NEUGEBAUER

    THANK YOU, MR. CHAIRMAN. I YYELD MYSELF SUCH TIME AS I MAY CONSUME.

  • 10:43:30 AM

    MR. NEUGEBAUER

    MY OPPOSITION NOT TO QUESTION WHETHER I SUPPORT SMALL BUSINESSES. IT'S A…

    MY OPPOSITION NOT TO QUESTION WHETHER I SUPPORT SMALL BUSINESSES. IT'S A QUESTION OF WHETHER THIS BILL WILL HELP SMALL BUSINESSES. UNFORTUNATELY, MY CONCLUSION IS THAT THIS BILL WILL NOT HELP THEM BUT COST TAXPAYERS ANOTHER $33 BILLION, BY THE WAY, $33 BILLION THAT WE DON'T HAVE. AS A FORMER SMALL BUSINESS OWNER AS WELL AS A FORMER LENDER, I UNDERSTAND FIRSTHAND THE NEED FOR SMALL BUSINESSES TO HAVE ACCESS TO CREDIT, ACCESS TO CREDIT IS TIGHTENED BUT DEMAND FOR CREDIT FOR WORTHY BORROWERS HAS ALSO DECLINED. WHAT SMALL BUSINESSES REALLY NEED MORE THAN ANYTHING IN THE CURRENT ECONOMIC ENVIRONMENT IS CERTAINTY SO THEY CAN INVEST AND PLAN FOR THE FUTURE. WHAT THEY HAVE GOTTEN FROM CONGRESS IS MORE AND MORE UNCERTAINTY. SMALL BUSINESSES WILL FACE A COSTLY TAX PENALTY IF THEY CAN'T COMPLY WITH THE ADDED COST OF THE NEW HEALTH CARE LAW. ONE BUSINESS OWNER IN MY DISTRICT TOLD ME HE PLANS TO EXPAND -- HE HAD PLANNED TO EXPAND AND CREATE JOBS BUT HE'S PUT THOSE ON HOLD NOW BECAUSE HIS BUSINESS WILL NOT GROW OVER 51 EMPLOYEES AND THEN BE SUBJECT TO THE NEW LAW. SMALL BUSINESSES ARE WORRIED ABOUT HOW MUCH THEIR ENERGY COSTS WILL GO UP FROM THE PROPOSALS OF CAP AND TAX BILLS. FINALLY, THEY HAVE NO IDEA HOW MUCH THEIR TAXES WILL BE NEXT YEAR -- EXCUSE ME -- NOT ONLY ARE THEY WORRIED ABOUT THE NEW TAXES TO PAY FOR MORE GOVERNMENT SPENDING BUT THEY KNOW THAT TAXES WILL ALSO GO UP AUTOMATICALLY IF CONGRESS DOES NOT DO ANYTHING TO ADDRESS THE EXPIRING TAX PROVISIONS. NO WONDER SMALL BUSINESSES ARE IN A HOLDING PATTERN AND NOT CREATING NEW JOBS. BUT THIS BILL DOES NOTHING TO PROVIDE ANY CERTAINTY FOR SMALL BUSINESSES. RATHER THAN DOING SOMETHING THAT CREATES MORE CERTAINTY FOR SMALL BUSINESSES TO GROW AND ADD JOBS IN THIS ECONOMY, THE MAJORITY IS REPEATING THE SAME FAILED INITIATIVES THAT HELPED OUR NATIONAL GROW TO $13 TRILLION IN THE PAST TWO YEARS. THIS BILL FOLLOWS THE MODEL OF THE TARP PROGRAM MINUS THE STRONGER OVERSIGHT AND PUTS ANOTHER $30 BILLION INTO BANKS AND HOPE THAT LENDINGING TO -- LENDING TO SMALL BUSINESSES. ACCORDING TO THE PERSON THAT OVERSEES TARP, IN ITS PARTICIPANTS, ITS APPLICATION PROCESS, FROM AN OVERSIGHT PERSPECTIVE, THE SMALL BUSINESS LENDING FUND WOULD ESSENTIALLY BE AN EXTENSION OF THE TARP'S CAPITAL PURCHASE PROGRAM. . ELIZABETH WARREN SAYS, I QUOTE, THE FDLS PROSPECTS ARE FAR FROM CERTAIN. THE SBLF ALSO RAISES QUESTIONS WHETHER IN LIGHT OF CAPITAL PURCHASE PROGRAMS' POOR PERFORMANCE IN IMPROVING CREDIT ACCESS, ANY INFUSION COULD JUMP-START SMALL BUSINESS LENDING. THIS BILL ALLOWS ANOTHER $3 MILLION IN SPENDING THAT WILL BE ADDED TO THE GOVERNMENT'S CREDIT CARD. C.B.O. TELLS US THAT THE BANK LENDING PORTION WILL ULTIMATELY COST THE TAXPAYERS $3.4 BILLION WHEN MARKET RISK IS TAKEN INTO ACCOUNT. WE HAD RECORD BANK FAILURES INCLUDING FOUR THAT WERE TARP RECIPIENTS. WHEN THOSE TARP RECIPIENTS FAILED, THE TIMPS' INVESTMENT OF $26.6 BILLION WAS ESSENTIALLY WIPED OUT. MORE THAN 100 BANKS THAT HAVE RECEIVED TARP FUNDS SO FAR HAVE MISSED THEIR DIVIDEND PAYMENTS. THESE MISSED DIVIDEND PAYMENTS WILL COST THE TAXPAYERS ALMOST $200 MILLION. SO IT TURNS OUT THAT MANY OF THESE BANKS THAT RECEIVED TARP FUNDS WERE FAR FROM HEALTHY. DO WE REALLY THINK THERE WILL BE NO MORE BANK FAILURES OR MISSED DIVIDENDS PAYMENTS OUT OF THIS NEW TARP PROGRAM? WE KNOW THERE WILL BE. THE C.B.O. SAYS THERE WILL BE LEADING TO MORE LOSSES FOR THE TAXPAYERS. THIS FUND IS JUST LIKE THE TARP'S CAPITAL PURCHASE PROGRAM EXCEPT FOR THE STRONGER OVERSIGHT. I'M EXTREMELY DISAPPOINTED THE RULES COMMITTEE BLOCKED A SENSIBLE AMENDMENT THAT WOULD HAVE IMPROVED OVERSIGHT OF THIS NEW LENDING FUND BY BRINGING IT UNDER THE OVERSIGHT OF THE SPECIAL INSPECTOR GENERAL FOR TARP. SIG TARP HAS DEVELOPED SIGNIFICANT EXPERIENCE IN LOOKING OUT FOR THE TAXPAYER WHEN IT COMES TO THE TARP PROGRAM. THE EXPERTISE SHOULD BE USED FOR THIS FUND TO PROTECT THE TAXPAYERS. H.R. 5297 WILL LEAD TO MORE LOSSES FOR TAXPAYERS AND NO MORE IMPROVEMENT OF CREDIT FOR SMALL BUSINESSES. LACK OF CREDIT IS NOT THE LARGEST PROBLEM FACING THE SMALL BUSINESSES. ACCORDING TO THE NATIONAL FEDERATION OF INDEPENDENT BUSINESSES, THE TOP PROBLEM FACING SMALL BUSINESSES IS THE LACK OF SALES AND DEMAND. IF BUSINESSES ARE NOT CONFIDENT THEY WILL HAVE CUSTOMERS, THEY ARE NOT GOING TO BORROW AND THEY ARE NOT GOING TO EXPAND AND THEY ARE NOT GOING TO ADD JOBS. THIS $33 BILLION BILL IS NOT GOING TO HELP INCREASE DEMAND FOR SMALL BUSINESS CUSTOMERS. INSTEAD WE NEED THE GOVERNMENT TO STEP BACK AND ALLOWING THE UNCERTAINTY THAT'S CROWDING OUT ECONOMIC GROWTH IN OUR COUNTRY. THE SAD THING IS THERE ARE THINGS THE CONGRESS COULD BE DOING TO HELP SMALL BUSINESSES. INSTEAD THE MAJORITY HAS CHOSEN TO BRING UP BILLS THAT WILL COST THE TAXPAYERS BILLIONS AND DO NOTHING TO HELP THE SMALL BUSINESSES. THEY HAVE DENIED OUR SIDE THE ABILITY TO OFFER SUBSTANTIAL AMENDMENTS. I THINK IT WAS APPALLING, MR. SPEAKER, THAT THE MAJORITY AWARDED THEMSELVES 66 AMENDMENTS TO THIS BILL. THEY AWARDED THE REPUBLICANS ONE. NOW, IF THAT'S THE BIPARTISANSHIP THAT THIS LEADERSHIP IS TALKING ABOUT, I DON'T THINK THE AMERICAN PEOPLE ARE BUYING THAT THAT IS BIPARTISAN. BECAUSE MANY OF THE AMENDMENTS THAT WE OFFERED, MR. SPEAKER, WERE TO ADD ADDITIONAL PROTECTIONS FOR THE PIRPS. OBVIOUSLY THE MAJORITY IS NOT INTERESTED IN PROTECTING THE TAXPAYERS' INVESTMENT, THIS $33 BILLION. BY THE WAY THIS IS $33 BILLION THAT WE DON'T HAVE. I'M HOPING THAT THE MAJORITY'S GOING TO TELL US THIS MORNING WHERE THE $33 BILLION THAT THEY ARE PROPOSING IN THIS PLAN IS GOING TO COME FROM. I CAN TELL YOU WHERE IT'S GOING TO COME FROM. WE ARE GOING TO CHARGE IT TO OUR CHILDREN AND OUR GRANDCHILDREN. YOU KNOW WHAT? I THINK WE JUST ABOUT LIMITED OUT WHAT THE AMOUNT OF MONEY WE SHOULD CHARGE TO OUR CHILDREN AND GRANDCHILDREN. SO, MR. SPEAKER, I'M GOING TO URGE MY COLLEAGUES TO INSIST THAT WE DO BETTER FOR SMALL BUSINESSES, DO SOMETHING FOR SMALL BUSINESSES, BUT THIS IS NOT THE ANSWER. I'M GOING TO ENCOURAGE MY COLLEAGUES TO VOTE NO. WITH THAT I RESERVE MY TIME.

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  • 10:49:43 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. -- THE GENTLEMAN…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. -- THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLELADY FROM ILLINOIS.

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  • 10:49:49 AM

    MS. BEAN

    MINUTE TO THE GENTLEMAN FROM CONNECTICUT.

  • 10:49:52 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

  • 10:49:54 AM

    >>

    SPEAKER, I RISE IN SUPPORT OF THE BILL FOR THE PURPOSE OF ENGAGING IN A…

    SPEAKER, I RISE IN SUPPORT OF THE BILL FOR THE PURPOSE OF ENGAGING IN A COLLOQUY WITH CONGRESSWOMAN BEAN.

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  • 10:50:01 AM

    MR. LARSON

    BRING TO THE ATTENTION THE IMPORTANT ROLE OF BANKS AT $25 BILLION ASSET…

    BRING TO THE ATTENTION THE IMPORTANT ROLE OF BANKS AT $25 BILLION ASSET PLAY IN THIS ECONOMY, PARTICULARLY IN LENDING TO SMALL BUSINESSES. THE STATE OF CONNECTICUT HAS THREE SUCH BANKS WITHIN THE $10 BILLION TO $25 BILLION RANGE IN TERMS OF ASSET CAPS. THESE BANKS ARE ON THE GROUND AND LENDING. THEY ARE THE BIGGEST S.B.A. LENDERS AND BIGGEST LENDERS TO MINORITY BUSINESSES AND FULFILL A NICHE OPPORTUNITY FOR SO MUCH MANUFACTURERS IN MY STATE AS WELL. I UNDERSTAND THE CAP COULD NOT BE RAISED TO INCLUDE THESE BANKS IN THIS BILL. I WOULD ASK THAT CONGRESSWOMAN BEAN AND CHAIRMAN FRANK WORK WITH ME, THE TREASURY, AND OTHER BODY TO ENSURE THESE BANKS CAN BE INCLUDED IN THIS PROGRAM AS THIS LEGISLATION GOES FORWARD.

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  • 10:50:47 AM

    MS. BEAN

    I THANK THE CONGRESSMAN FOR HIS CONCERNS AND HAD SIMILAR CONCERNS IN MY…

    I THANK THE CONGRESSMAN FOR HIS CONCERNS AND HAD SIMILAR CONCERNS IN MY HOME STATE OF ILLINOIS WE ALSO HAVE INSTITUTION THAT IS WOULD LIKE TO PARTICIPATE BUT WOULD BE UNABLE TO BECAUSE OF THE CAP. I AGREE ON THIS POINT AND YIELD BACK.

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  • 10:51:05 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY RESERVES THE BALANCE OF HER TIME.

  • 10:51:09 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM TEXAS.

  • 10:51:12 AM

    MR. NEUGEBAUER

    YOU, MR. CHAIRMAN. ONE OF THE THINGS THAT IS INTERESTING, THIS IS A…

    YOU, MR. CHAIRMAN. ONE OF THE THINGS THAT IS INTERESTING, THIS IS A PROGRAM -- PROGRAM IS DESIGNED TO PUT MORE CAPITAL INTO THE BANKING SYSTEM. AND ACCORDING TO THE FEDERAL RESERVE'S APRIL SURVEY OF SENIOR LOAN OFFICERS, THREE FACTORS THAT EXERTED THE GREATEST INFLUENCE ON BANKS' BUSINESS LENDING PRACTICES OVER THE PAST THREE MONTHS WERE COMPETITIVE PRESSURES, THE ECONOMIC OUTLOOK, AND THE TOLERANCE FOR RISK IN THE BUSINESS LOAN MARKET. LAST OF CAPITAL -- LACK OF CAPITAL WAS NOT MENTIONED AS ONE OF THE DRIVING FORCES FOR LENDING DECISION THAT IS ARE BEING MADE. -- DECISIONS THAT ARE BEING MADE. SO BASICALLY, MR. CHAIRMAN, WHAT THIS BILL TRIES TO DO IS TRY TO SOLVE A PROBLEM THAT ACCORDING TO THE FEDERAL RESERVE DOESN'T EXIST. THERE IS PLENTY OF CAPITAL BUT THIS COMPETITIVE PRESSURE, THE ECONOMIC OUTLOOK, AND THIS TOLERANCE FOR RISK, AND GOING BACK TO MY EARLIER POINT, WHEN I TRAVELED AROUND THE 19TH CONGRESSIONAL DISTRICT I TALKED TO A NUMBER OF LENDERS AND AT THE SAME TIME I VISITED BUSINESSES IN THEIR COMMUNITIES. AND TO BUY WHAT I WANTED DURING THAT PROCESS IS THAT MANY OF THE SMALL BUSINESSES SAID, CONGRESSMAN, THINGS ARE TOO UNCERTAIN RIGHT NOW. WE DON'T KNOW WHAT CONGRESS IS GOING TO DO WITH TAXES. WE DON'T KNOW WHAT THEY ARE GOING TO DO WITH THIS ENERGY BILL. WE DON'T KNOW, WE ARE TRYING TO FIGURE OUT HOW THIS NEW HEALTH CARE BILL IS GOING TO IMPACT OUR BUSINESS. HOW IT'S GOING TO IMPACT OUR BOTTOM LINE. AND THEN I WENT OVER AND TALKED TO THE LENDERS, MANY OF THE LENDERS ARE SITTING ON RECORD AMOUNTS OF CASH AND CAPITAL IN THEIR BANKS. THEY ARE LOOKING HARD AS THEY CAN FOR LENDING OPPORTUNITIES. WHAT THEY SAID IS UNFORTUNATELY SOME OF OUR CUSTOMERS ARE NOT CREDITWORTHY. THAT THE ECONOMY HAS HURT THEIR SALES AND SO IT WOULDN'T BE PRUDENT TO LOAN THOSE BUSINESSES MORE MONEY. OTHERS SAY THAT OUR GOOD CUSTOMERS, CUSTOMERS THAT ARE CREDITWORTHY, ARE NOT COMING TO US AND BORROWING ANY MONEY BECAUSE, AGAIN, OF THIS UNCERTAINTY. SO AGAIN OUR OPPOSITION TO THIS BILL IS THAT IT'S NOT REALLY ADDRESSING THE REAL ISSUE IN OUR ECONOMY AND THAT IS BRINGING SOME CERTAINTY AND LEAVING THE CAPITAL IN THE COMPANIES, LEAVING THE CAPITAL IN THE ECONOMY INSTEAD OF THE FEDERAL GOVERNMENT CONTINUING TO CREATE UNCERTAINTY AND TAKING MONEY OUT OF THE ECONOMY. WITH THAT I RESERVE MY TIME.

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  • 10:53:39 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLELADY FROM NEW…

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLELADY FROM NEW YORK.

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  • 10:53:50 AM

    MS. VELAZQUEZ

    THANK YOU, MR. CHAIRMAN, SMALL BUSINESSES WHICH RELY ON 99.7% ARE THE KEY…

    THANK YOU, MR. CHAIRMAN, SMALL BUSINESSES WHICH RELY ON 99.7% ARE THE KEY TO THE RECOVERY OF THE U.S. ECONOMY. SO INNOVATION AND HARD WORK THEY ARE ABLE TO NOT ONLY CREATE JOBS BUT ALSO BUILD THE FOUNDATION FOR FUTURE GROWTH. WE SAW THIS AFTER THE DESESSION OF THE EARLY 1990'S AND AS WE EMERGE FROM THE LATEST DOWNTURN, SMALL FIRMS AGAIN WILL LEAD THE WAY. THESE DOWNTURNS HAVE AFFECTED EVERY FACET OF THE GLOBAL ECONOMY. MOST OF THE FOCUS HAS BEEN ON REPAIRING THE RESIDENTIAL HOUSING MARKET AND HOMEOWNERS IN PARTICULAR. IT IS IMPORTANT TO NOTE THAT THESE HAVE GREATLY IMPACTED SMALL BUSINESSES AS WELL. THROUGH THE RECOVERY ACT, WE WERE ABLE TO HELP THEM, PROVIDING MORE THAN $28 BILLION IN ASSISTANCE THROUGH THE S.B.A. H.R. 5297 BUILDS ON THIS BY ESTABLISHING ADDITIONAL LENDING INITIATIVES THAT WILL GIVE SMALL BUSINESSES EVEN GREATER FINANCING OPTIONS. THIS LEGISLATION, MR. CHAIRMAN, ALSO RECOGNIZES THAT CAPITAL MARKETS ARE CHANGING DRAMATICALLY. CREDIT STANDARDS ARE STRICTER AND SMALL BUSINESSES NOW ARE NOT ONLY LOOKING TO LOAN CREDIT CARDS TO FINANCE THEIR OPERATIONS, BUT ALSO TO EQUITY INVESTMENTS TO TURN THEIR IDEAS INTO REALITY. THIS HAS BECOME EVEN MORE PRONOUNCED AS VALUES HAVE DECLINED LEAVING ENTREPRENEURS WITH LESS COLLATERAL TO BORROW AGAINST. UNFORTUNATELY SMALL BUSINESS ASSETS TO VENTURE CAPITAL AND EQUITY INVESTMENTS HAS DECLINED. LAST YEAR SUCH INVESTMENTS PLUMMETED FROM $28 BILLION IN 2008 TO ONLY $17 BILLION. THIS IS DUE IN PART TO THE PREVIOUS ADMINISTRATION'S DECISIONS TO TERMINATE THE S.B.A.'S LARGEST FINANCING PROGRAM, THE SMALL BUSINESS INVESTMENT COMPANY PARTICIPATING SECURITIES PROGRAM. THIS HAS LEFT MANY ENTREPRENEURS THAT NEED EQUITY INVESTMENT TO FULFILL THEIR BUSINESS PLAN WITHOUT A SOURCE OF SUCH FINANCING. AS A RESULT IT HAS BECOME MORE DIFFICULT TO START A NEW BUSINESS AND TO CREATE THE JOBS THAT COME WITH SUCH ACTIVITY. THIS IS SEEN IN DATA FROM THE LABOR OF -- BUREAU OF LABOR STATISTICS WHICH SHOWS THAT SELF-EMPLOYMENT DECLINED BY -- DECLINED BETWEEN 2007 AND 2009. LESS ENTREPRENEURSHIP IS NEVER A GOOD THING. BUT DURING A RECESSION IT'S PARTICULARLY PROBLEMATIC AS SMALL FIRMS GENERATE 2/3 OF NET NEW JOBS. IN ORDER TO ADDRESS THIS, TITLE 3 CREATES A $2 BILLION INVESTMENT FUND AT THE S.B.A. UNNER THIS PROGRAM THE AGENCY WILL PROVIDE MUCH LOANS TO QUALIFIED INVESTMENT COMPANIES WHO IN TURN WILL INVEST IN SMALL COMPANIES. TO ENSURE THAT THE PUBLIC AND PRIVATE SECTORS INTEREST ALIGN, THE S.B.A. FUNDING WILL BE PROVIDED AT A ONE TO ONE RATIO OF PRIVATE INVESTMENT CAPITAL. FUNDS FROM THE PROGRAM WILL ONLY BE GIVEN TO INVESTMENT COMPANIES THAT HAVE A PROVEN RECORD OF RETURNING A PROFIT TO ITS INVESTORS. ER'S EXPERIENCE IN INVESTING IN SMALL EARLY STAGE COMPANIES AND THE ABILITY TO PROVIDE LEADERSHIP. IN SELECTING INVESTMENT FIRMS TO PARTICIPATE IN THE PROGRAM, THE S.B.A. WILL GIVE A SPECIAL PREFERENCE TO SMALL INVESTMENT COMPANIES WHO ALREADY HAVE SUBSTANTIAL EXPERIENCE IN FINANCING SMALL FIRMS. IN EXCHANGE FOR RECEIVING FUNDS, PARTICIPATING INVESTMENT FUNDS MUST CONVEY AN EQUITY INTEREST TO THE S.B.A. SIMILAR TO THAT IN WHICH AN INDIVIDUAL INVESTOR WILL RECEIVE. THE EQUITY INTEREST SHOW IN TITLE S.B.A. REPAYMENT OF THIS INVESTMENT AND IN PROPORTION OF ANY PROFITS MADE BY THE INVESTMENT COMPANY. AS A RESULT, THE GOVERNMENT IS ON A LEVEL PLAYING FIELD WITH PRIFE SECTOR INVESTOR AND THE TAXPAYER STANDS TO BENEFIT FROM THE GROWTH AND SUCCESS OF THIS -- THESE SMALL COMPANIES. BY GIVING ENTREPRENEURS ACCESS TO $2 BILLION IN EQUITY INVESTMENT, WE WILL PROVIDE THEM THE RESOURCES TO GROW AND CREATE THE TYPE OF LONG-TERM EMPLOYMENT GAINS WE NEED. IT GOES WITHOUT SAYING THAT THE GROUNDBREAKING, INNOVATIVE FIRMS THAT RELY ON SUCH INVESTMENT TEND TO BE SOME OF OUR MOST PROLIFIC JOB CREATORS. BETWEEN 2008, 2006, AND 2008, THESE COPS CREATED EIGHT TIMES MORE JOBS THAN OTHER BUSINESSES. THAT IS EXACTLY THE KIND OF JOB GROWTH AMERICANS NEED RIGHT NOW. MR. CHAIRMAN, I SUPPORT THIS LEGISLATION AND I RESERVE THE BALANCE OF MY TIME.

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  • 10:59:31 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY RESERVES THE BALANCE OF HER TIME. THE GENTLEMAN FROM…

    THE GENTLELADY RESERVES THE BALANCE OF HER TIME. THE GENTLEMAN FROM MISSOURI.

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  • 10:59:35 AM

    >>

    THE GENTLEMAN IS RECOGNIZED.

  • 10:59:40 AM

    >>

    THANK YOU, MR. CHAIRMAN, MR. CHAIRMAN, TODAY I RISE IN OPPOSITION TO H.R.…

    THANK YOU, MR. CHAIRMAN, MR. CHAIRMAN, TODAY I RISE IN OPPOSITION TO H.R. 5297, THE SMALL BUSINESS LENDING FUND ACT. ALTHOUGH MY COLLEAGUES ON THE OTHER SIDE OF THE AISLE CLAIM THIS BILL WOULD IMPROVE SMALL BUSINESS ACT CAPITAL, I'M NOT CONVINCED. THERE IS NO GUARANTEE SMALL BUSINESS ALSO BENEFIT WHATSOEVER FROM THE FUNDING IN THIS BILL.

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  • 11:00:02 AM

    MR. GRAVES

    NOTHING IN TITLE 1 OF THE BILL ENSURES THE BANKS WILL LEND THE CAPITAL…

    NOTHING IN TITLE 1 OF THE BILL ENSURES THE BANKS WILL LEND THE CAPITAL MUCH LESS TO SMALL BUSINESSES. TITLE 2 AUTHORIZES LENDING BY STATE PROGRAMS TO BUSINESSES THAT THE SMALL BUSINESS CONSIDERATION WOULD CONSIDER LARGE, AND ONLY TITLE 3 OF THIS BILL IS TARGETED TO ASSIST SMALL BUSINESSES. NEVERTHELESS THE OVERALL BILL IS BADLY FLAWED AND I CAN'T SUPPORT IT NOR CAN I SUPPORT THE SPENDING IN TITLE 3. NOW MORE THAN EVER OUR NATION IS RELYING ON SMALL BUSINESSES TO CREATE JOBS AND TO LEAD US IN OUR ECONOMIC RECOVERY. WITHOUT SUFFICIENT ACCESS TO CREDIT OR CAPITAL, SMALL BUSINESSES CAN EXPAND OPERATIONS OR HIRE NEW EMPLOYEES. THERE IS LITTLE DOUBT THAT EFFORTS TO BAIL OUT BANKS AND OTHER MAJOR FINANCIAL INSTITUTIONS HAS NOT LED TO IMPROVED ACCESS TO CAPITAL BY SMALL BUSINESSES. LAST SESSION I TO THE CAPITAL ACCESS PROGRAMS OVERSEEN BY THE SMALL BUSINESS ADMINISTRATION. THAT BILL, UNLIKE THE ONE BEFORE US TODAY WOULD HAVE IMPROVED ACCESS TO NEEDED CAPITAL BY SMALL BUSINESSES. INCORPORATED INTO THAT BILL WAS H.R. 3738 WHICH PROVIDED A STREAMLINE PROCESS TO ENABLED CAPITALISTS TO BOOST VENTURE TO PROVIDE NEEDED EARLY-STAGE EQUITY CAPITAL TO SMALL BUSINESSES. SUCCESSFUL OPERATORS WOULD PAY BACK THE FEDERAL GOVERNMENT BEFORE THEY TOOK THEIR OWN PROFITS. ALTHOUGH THE LEGISLATION CAME WITH A RELATIVELY MODEST PRICE TAG OF $200 MILLION, ITS BENEFITS WOULD SURE OUTWEIGH THE COSTS. MOREOVER, IF THE PROGRAM DID NOT SUCCEED, THE COST OF FAILURE WOULD BE VERY MODEST. THAT CERTAINLY ISN'T THE CASE TODAY WITH THE BILL BEFORE US. THE COST HAS INCREASED BY 500% WITHOUT ANY PREVIOUS TESTING OF ITS POTENTIAL TO SUCCEED. THIS WILL PILE UNNECESSARY RISK OR COST ONTO TAXPAYERS AT A TIME WHEN WE'RE DEALING WITH RECORD DEBT AND UNSUSTAINABLE DEFICIT SPENDING. EVEN IF TITLE 3 OF THIS BILL, THE SMALL BUSINESS PORTION, EVEN IF TITLE 3 STOOD ALONE GIVEN THE DRAMATIC INCREASE OF COST, I COULDN'T SUPPORT IT. BUT YET HERE IT IS. IT REMAINS ATTACHED TO A BILL THAT HAS GREATER COSTS AND COSTS NOT PAID FOR IN THE SHORT TERM. SO LET'S LAY THIS OUT. WE STILL HAVE A BUDGET -- WE STILL DO NOT HAVE A BUDGET FOR FISCAL YEAR 2011. OUR NATIONAL DEBT HAS REACHED A NEW RECORD HIGH OF $13 TRILLION. AND THE MAJORITY IN THE HOUSE CONTINUE TO RELY ON UNSUSTAINABLE BORROWING AND SPENDING TO KEEP THINGS RUNNING. WHEN YOU CONSIDER THE COMPLETE CHAOS OF OUR FISCAL HOUSE THAT IT'S IN, THE IDEA OF MORE SPENDING SEEMS FOOLISH, COMPLETELY FOOLISH, BUT THAT'S WHAT'S BEING PROPOSED BY THIS LEGISLATION TODAY, AND I REFUSE TO SUPPORT IT. YOU KNOW, IF MY COLLEAGUES WANT %- TO GET SERIOUS ABOUT SUPPORTING SMALL BUSINESSES AND ENCOURAGING THEIR GROWTH, THEN THERE ARE LOTS OF WAYS TO DO SO AND I'M VERY HAPPY TO HELP. BUT H.R. 5297 IS YET ANOTHER ILL-CONCEIVED EFFORT THAT AT THE END OF THE DAY WILL FURTHER PUNISH AMERICAN ENTREPRENEURS. WITH THAT, MR. CHAIRMAN, I RESERVE THE BALANCE OF MY TIME.

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  • 11:03:03 AM

    THE CHAIR

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLELADY FROM…

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLELADY FROM ILLINOIS.

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  • 11:03:08 AM

    MS. BEAN

    MINUTES TO THE GENTLEMAN FROM TEXAS.

  • 11:03:11 AM

    THE CHAIR

    IS RECOGNIZED FOR TWO MINUTES. MR.

  • 11:03:16 AM

    MR. HINOJOSA

    MR. SPEAKER, I RISE IN STRONG SUPPORT OF H.R. 5297, THE SMALL BUSINESS…

    MR. SPEAKER, I RISE IN STRONG SUPPORT OF H.R. 5297, THE SMALL BUSINESS LENDING FUND ACT OF 2010. I ASK UNANIMOUS CONSENT TO INSERT INTO TODAY'S RECORD LETTERS OF SUPPORT FOR H.R. 5297 FROM THE NATIONAL ASSOCIATION OF REALTORS, FROM THE INDEPENDENT COMMUNITY BANKS OF AMERICA AND FROM THE CONFERENCE OF STATE BANK SUPERVISORS.

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  • 11:03:49 AM

    THE CHAIR

    THE GENTLEMAN'S REQUEST IS COVERED BY GENERAL LEAVE.

  • 11:03:54 AM

    MR. HINOJOSA

    THIS LEGISLATION WILL HELP SMALL BUSINESSES SURVIVE AND THRIVE IN THE…

    THIS LEGISLATION WILL HELP SMALL BUSINESSES SURVIVE AND THRIVE IN THE CURRENT ECONOMIC CLIMATE BY PROVIDING THE SECRETARY OF THE TREASURY TEMPORARY AUTHORITY TO MAKE CAPITAL INVESTMENTS UP TO $30 BILLION TO BANKS AND SAVINGS ASSOCIATIONS WITH ASSETS OF LESS THAN $10 BILLION AND TO THEIR PARENT HOLDING COMPANIES PROVIDE -- PROVIDED THEY ALSO HAVE ASSETS OF LESS THAN $10 BILLION. MR. SPEAKER, H.R. 5297 INCREASES THE AVAILABILITY OF CREDIT FOR SMALL BUSINESSES. IT PROVIDES FUNDING TO ELIGIBLE INSTITUTIONS THAT SERVE SMALL BUSINESSES THAT ARE MINORITY AND WOMEN OWNED AND THAT ALSO SERVE LOW AND MODERATE INCOME, SERVE MINORITY AND OTHER UNDERSERVED OR RURAL COMMUNITIES. THIS LEGISLATION ENSURES THAT ALL ELIGIBLE INSTITUTIONS MAY APPLY TO PARTICIPATE IN THE PROGRAM ESTABLISHED UNDER THIS TITLE WITHOUT DISCRIMINATION BASED ON GEOGRAPHY, WHICH IS VERY IMPORTANT TO THE GREAT STATE OF TEXAS. H.R. 5297 REQUIRES ELIGIBLE INSTITUTIONS RECEIVING CAPITAL INVESTMENTS UNDER THE PROGRAM TO PROVIDE OUTREACH IN LANGUAGES OTHER THAN ENGLISH DESCRIBING THE AVAILABILITY AND THE APPLICATION PROCESS TO RECEIVING LOANS FROM ELIGIBLE INSTITUTIONS THROUGH THE USE OF PRINT, THROUGH RADIO, TELEVISION OR ELECTRONIC MEDIA OUTLETS WHICH TARGET ORGANIZATIONS, TRADE ORGANIZATIONS AND INDIVIDUALS THAT WORK WITH OR WORK WITH MEMBERS OF MINORITY COMMUNITIES. IT PROMOTES FINANCIAL EDUCATION AND LITERACY AND WOULD-BE BORROWERS. I ASK FOR AN ADDITIONAL 30 SECONDS.

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  • 11:05:44 AM

    THE CHAIR

    THE GENTLEMAN IS RECOGNIZED FOR 30 SECONDS.

  • 11:05:47 AM

    MR. HINOJOSA

    MOST IMPORTANTLY, THIS PROGRAM INCREASES AMERICAN JOBS. MR. SPEAKER, H.R.…

    MOST IMPORTANTLY, THIS PROGRAM INCREASES AMERICAN JOBS. MR. SPEAKER, H.R. 5297 WILL HELP SMALL BUSINESSES, COMMUNITY BANKS, THE LOW AND MODERATE-INCOME MINORITIES AND OTHER UNDERSERVED OR RURAL COMMUNITIES AND ALL OF OUR CONSTITUENTS. IT WILL HELP OUR GREAT COUNTRY MOVE FURTHER DOWN THE ROAD TOWARDS ECONOMIC RECOVERY AND EXPANSION. I STRONGLY URGE MY COLLEAGUES TO SUPPORT THIS IMPORTANT AND TIMELY PIECE OF LEGISLATION, AND WITH THAT I YIELD BACK.

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  • 11:06:14 AM

    THE CHAIR

    YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM TEXAS.

  • 11:06:19 AM

    MR. NEUGEBAUER

    SPEAKER, I CONTINUE TO RESERVE MY TIME.

  • 11:06:22 AM

    THE CHAIR

    FROM TEXAS RESERVES HIS TIME. THE GENTLELADY FROM -- WHO SEEKS TIME? THE…

    FROM TEXAS RESERVES HIS TIME. THE GENTLELADY FROM -- WHO SEEKS TIME? THE GENTLELADY FROM NEW YORK.

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  • 11:06:33 AM

    MS. VELAZQUEZ

    I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

  • 11:06:39 AM

    MS. VELAZQUEZ

    I WANT TO USE THIS TIME TO RESPOND TO THOSE WHO ARE MAKING THE ASSESSMENT…

    I WANT TO USE THIS TIME TO RESPOND TO THOSE WHO ARE MAKING THE ASSESSMENT THAT THIS MONEY, THAT THERE IS NO SAFEGUARDS IN THIS LEGISLATION TO MAKE SURE THAT THE MONEY GOES TO SMALL BUSINESSES. FIRST, BANKS MUST APPLY TO THE TREASURY TO RECEIVE FUNDS WITH A DETAILED PLAN ON HOW TO INCREASE SMALL BUSINESS LENDING AT THEIR INSTITUTION. THIS LANGUAGE WAS INCLUDED AT MY INSISTENCE THAT WE NEED TO MAKE SURE THAT SMALL BUSINESSES WILL GET THE BENEFIT OF THIS LEGISLATION. SECOND, THIS CAPITAL, REPAYMENT OF THE GOVERNMENT LOANS WILL BE AT A DEEPENING RATE STARTING AT 5% PER YEAR. THIS RATE WILL BE LOWERED BY 1% FOR EVERY 2.5% INCREASE IN SMALL BUSINESS LENDING OVER 2010 LEVELS. -- 2009 LEVELS. IT CAN GO TO 1% IF THE BANK INCREASES ITS BUSINESS LENDING BY 10% OR MORE, INCENTIVIZING BANKS TO DO THE RIGHT THING, TO ENSURE THAT BANKS ACTUALLY USE THE FEDERAL FUNDING THEY RECEIVE, THE RATE WILL INCREASE AND THERE ARE PENALTIES TO 7% IF THE BANK FAILS TO INCREASE ITS SMALL BUSINESS LENDING AT THEIR INSTITUTION WITHIN TWO YEARS. TO ENSURE THAT ALL FEDERAL FUNDS ARE PAID BACK WITHIN FIVE YEARS, THE DIVIDEND RATE WILL INCREASE TO 9% FOR ALL BANKS IRRESPECTIVE OF THEIR SMALL BUSINESS LENDING AFTER 4 1/2 YEARS. AND LET ME JUST MAKE IT CLEAR WHAT THE C.B.O. ESTIMATES THAT THEY PROVIDED TO THE CONGRESS TELLING US. C.B.O. ESTIMATES THAT THIS PROVISION WILL SAVE TAXPAYERS $1 BILLION OVER 10 YEARS AS BANKS ARE EXPECTED TO PAY BACK THESE FUNDS OVER 10 YEARS WITH INTEREST. I RESERVE THE BALANCE OF MY TIME.

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  • 11:09:11 AM

    THE CHAIR

    THE GENTLELADY RESERVES THE BALANCE OF HER TIME. THE GENTLEMAN FROM

  • 11:09:16 AM

    MR. GRAVES

    YOU, MR. SPEAKER. MR. SPEAKER, I DON'T HAVE ANY OTHER SPEAKERS ON THIS…

    YOU, MR. SPEAKER. MR. SPEAKER, I DON'T HAVE ANY OTHER SPEAKERS ON THIS SIDE. I JUST MIGHT COMMENT ON THIS. YOU KNOW, ONE OF THE FRUSTRATING THINGS ABOUT OUR ECONOMIC RECOVERY RIGHT NOW, AND WE CONTINUE TO HEAR OVER AND OVER AND OVER AGAIN THAT SMALL BUSINESSES ARE UNCERTAIN ABOUT WHAT THE FUTURE IS. THEY DON'T KNOW WHAT'S GOING TO HAPPEN WITH CAP AND TRADE AND WHAT'S GOING TO HAPPEN WITH THE ENERGY TAX. PARTICULARLY THOSE BUSINESSES THAT ARE USING A LOT OF ENERGY TO PRODUCE WHATEVER IT IS. THEY'RE UNCERTAIN ABOUT WHAT'S GOING TO HAPPEN WITH THIS HEALTH CARE BILL AND ALL THE MANDATES THAT ARE COMING OUT. THEY'RE UNCERTAIN ABOUT WHAT'S GOING TO HAPPEN WITH THEIR TAXES. THEY'RE UNCERTAIN ABOUT WHAT'S GOING TO HAPPEN WITH THE DEBT THAT'S TAKING PLACE BECAUSE SOMEBODY HAS TO PAY FOR IT AND THIS ADMINISTRATION CONTINUES TO LOOK AT SMALL BUSINESSES TO BE ABLE TO PROVIDE THAT. SO WE COME ALONG WITH A BILL THAT SUPPOSEDLY IS SUPPOSED TO HELP SMALL BUSINESSES WHICH THE WAY IT IS RIGHT NOW THERE'S NO GUARANTEE WHATSOEVER THAT MONEY WILL BE LONDON TO SMALL BUSINESSES. AS THE -- WILL BE LOANED TO SMALL BUSINESSES. AS THE BILL STANDS RIGHT NOW ANY COMMERCIAL LOAN CAN QUALIFY -- IF IT'S A LOAN LESS THAN $1 MILLION. AND THE FACT OF THE MATTER IS -- THE FACT OF THE MATTER IS, MR. SPEAKER, THERE'S NO GUARANTEE, THERE'S NO GUARANTEE. SMALL BUSINESSES ARE THE ONES THAT NEED HELP, AND THE FACT OF THE MATTER IS, TWO, IF THE GOVERNMENT WOULD JUST GET OUT OF THE WAY THEN SMALL BUSINESSES WOULD LEAD US BACK IN THIS ECONOMIC RECOVERY. THEY PROVIDE SEVEN OUT OF EVERY 10 JOBS IN THIS COUNTRY, AND THEY ARE THE ONES THAT ARE GOING TO LEAD US, BUT NOBODY'S GOING TO EXPAND AND NOBODY'S GOING TO ADD ANY NEW PRODUCTIVITY AND ANY NEW HIRES. THEY DON'T KNOW WHAT'S GOING TO HAPPEN TO THEM. I RESERVE THE BALANCE OF MY TIME.

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  • 11:11:00 AM

    THE CHAIR

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLELADY FROM…

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLELADY FROM ILLINOIS.

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  • 11:11:04 AM

    MS. BEAN

    I YIELD 2 1/2 MINUTES TO THE GENTLEMAN FROM MICHIGAN.

  • 11:11:06 AM

    THE CHAIR

    THE GENTLEMAN FROM MICHIGAN IS RECOGNIZED FOR TWO MINUTES.

  • 11:11:09 AM

    >>

    WALL STREET BANKS ADMITTED THAT THEY REDUCED THEIR BANKS IN MICHIGAN AS…

    WALL STREET BANKS ADMITTED THAT THEY REDUCED THEIR BANKS IN MICHIGAN AS WELL AS OTHER STATES AND SMALL LOCAL LENDERS DON'T HAVE ENOUGH CAPITAL TO LEND. I HAVE BEEN FIGHTING FOR THE PAST YEAR FOR ACTION TO HELP SOLVE THIS PROBLEM, AND THE BILL BEFORE US TODAY WILL CREATE A $30 BILLION FUND TO PROMOTE SMALL BUSINESS LENDING. SMALL LOCAL LENDERS CAN LEVERAGE THIS FUNDING INTO $300 BILLION IN LOANS FOR SMALL BUSINESSES. BUT BECAUSE LOCAL LENDERS WILL PAY THE INVESTMENT BACK WITH INTEREST, THE NONPARTISAN C.B.O. SAYS THAT TAXPAYERS WILL EARN A PROJECTED $1 BILLION. IT'S NOT OFTEN THAT A SINGLE ACTION CAN CREATE A MULTITUDE OF JOBS ACROSS THIS COUNTRY AND REDUCE THE DEFICIT AT THE SAME TIME. ENACTING THIS BILL WILL DO JUST THAT. IN MICHIGAN OUR MANUFACTURERS ARE STRUGGLING PARTICULARLY HARD TO GET ACCESS TO CREDIT. AS OUR ASSETS DECLINE IN VALUE, THEY HAVE LESS COLLATERAL TO POST, AND THIS MAKES BANKS LESS LIKELY TO LEND TO THEM EVEN IF THEY CAN SHOW THAT THEY ARE THRIVING. THE MICHIGAN COLLATERAL SUPPORT PROGRAM HELPS LENDERS, SMALL MANUFACTURERS AND THE STATE POOL DEFAULT RISK TO HELP THESE COMPANIES SECURE THE CAPITAL THEY NEED TO CREATE NEW JOBS. 30 STATES HAVE SIMILAR PROGRAMS, AND A PROVISION OF THIS BILL THAT I WROTE WOULD ALLOW STATES TO STRENGTHEN THEIR EXISTING PROGRAMS AND ALLOW OUR STATES TO CREATE THEM. WASHINGTON'S TOP PRIORITY MUST BE TO HELP CREATE AN ENVIRONMENT THAT ALLOWS OUR SMALL BUSINESSES TO SUCCEED AND TO CREATE JOBS. THIS LEGISLATION HELPS ONE OF THOSE PRIMARY OBSTACLES FACING OUR SMALL BUSINESSES AND PASSING THIS BILL IS CRITICAL. I YIELD BACK.

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  • 11:12:03 AM

    MR. PETERS

    PASSING THIS BILL IS CRITICAL. I YIELD BACK.

  • 11:13:37 AM

    THE CHAIR

    YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM TEXAS.

  • 11:13:45 AM

    MR. NEUGEBAUER

    I INQUIRE AS TO HOW MUCH TIME IS REMAINING?

  • 11:13:48 AM

    THE CHAIR

    GENTLEMAN FROM TEXAS HAS SIX MINUTES. THE GENTLELADY FROM ILLINOIS HAS…

    GENTLEMAN FROM TEXAS HAS SIX MINUTES. THE GENTLELADY FROM ILLINOIS HAS THREE MINUTES. THE GENTLELADY FROM NEW YORK HAS SEVEN MINUTES. THE GENTLEMAN FROM MISSOURI HAS 10 MINUTES.

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  • 11:14:02 AM

    THE CHAIR

    THE GENTLEMAN RESERVES. THE GENTLELADY FROM ILLINOIS.

  • 11:14:06 AM

    MS. BEAN

    MINUTE TO THE MAJORITY LEADER.

  • 11:14:09 AM

    THE CHAIR

    IS RECOGNIZED FOR ONE MINUTE.

  • 11:14:19 AM

    MR. HOYER

    THANK YOU VERY MUCH. I APPRECIATE THE GENTLELADY FROM ILLINOIS, MS. BEAN,…

    THANK YOU VERY MUCH. I APPRECIATE THE GENTLELADY FROM ILLINOIS, MS. BEAN, FOR YIELDING. I WANT TO FIRST THANK THE CHAIR OF THE SMALL BUSINESS COMMITTEE, CONGRESSWOMAN VELAZQUEZ, FOR THE WORK THAT SHE HAS DONE ON THIS BILL AND FOR OTHERS WHO HAVE WORKED ON THIS BILL. AS I'M SURE AS HAS BEEN SAID MANY TIMES ON THIS FLOOR BUT BEARS REPEATING, SMALL BUSINESSES ARE THE JOB CREATING ENGINE OF OUR ECONOMY. THEY EMPLOY MORE THAN HALF OF ALL EMPLOYEES IN THE PRIVATE SECTOR, AND THEY'VE CREATED 64% OF NET NEW JOBS OVER THE PAST 15 YEARS. SO ENSURING THAT SMALL BUSINESSES HAVE THE RESOURCES THEY NEED TO KEEP INNOVATING, GROWING AND CREATING JOBS IS ESSENTIAL IF WE'RE GOING TO SUSTAIN THE ECONOMIC RECOVERY. . SMALL BUSINESSES HAVE BEEN AT THE HEART OF THE DEMOCRATIC RECOVERY STRATEGY EVER SINCE THIS CONVENED. THE DEEPEST RECESSION WE HAVE SEEN IN 3/4 OF A CENTURY. THE RECOVERY ACT WHICH CUT TAXES FOR 98% OF AMERICANS AND IS RESPONSIBLE FOR SOME TWO MILLION JOBS GAVE SMALL BUSINESSES TAX CREDITS FOR HIRING MANY UNEMPLOYED WORKERS, AND HELPED THEM MAKE THE CAPITAL INVESTMENTS THAT ARE ESSENTIAL TO THEIR GROWTH. SINCE THE RECOVERY ACT, WE HAVE EXPANDED SMALL BUSINESS ADMINISTRATION LENDING. CREATED FURTHER TAX CREDITS FOR HIRING UNEMPLOYED WORKERS, AND OFFERED IMMEDIATE AND LONG-TERM TAX CREDITS TO HELP SMALL BUSINESSES AFFORD EMPLOYEE HEALTH CARE. AND YESTERDAY, THE HOUSE PASSED THE SMALL BUSINESS JOBS TAX RELIEF ACT WHICH WILL EXEMPT 100% OF SMALL BUSINESS CAPITAL GAINS FROM TAXATION. AND INCREASE THE AMOUNT OF START-UP EXPENSES, SMALL BUSINESS OWNERS CAN DEDUCT FROM THEIR TAXES. ALL DESIGNED TO ALLOW SMALL BUSINESSES TO GROW AND EXPAND. THAT MEANS MORE INVESTMENT IN SMALL BUSINESSES AND MORE ENTREPRENEURS WILLING AND ABLE TO START BUSINESSES OF THEIR OWN. AND HIRE WORKERS TO STAFF THEM. TODAY, TODAY, LADIES AND GENTLEMEN OF THE HOUSE, WE CAN TAKE ANOTHER STEP TO HELP SMALL BUSINESS AND WORKERS. ESTABLISHING A $30 BILLION FUND TO EXPAND LENDING TO SMALL BUSINESSES LOOKING TO MAKE NEW INVESTMENTS IN GROWTH AT NO COST TO THE TAXPAYER. LADIES AND GENTLEMEN, I KNOW THAT THOSE OF YOU WHO HAVE BEEN NOT ONLY IN YOUR OWN DISTRICTS BUT IN YOUR STATES AND THROUGHOUT THE COUNTRY KNOW THAT EVERY SMALL BUSINESS MAN AND WOMAN IN WASHINGTON THAT WANTS TO EXPAND HAS A SINGULAR COMPLAINT AND THAT IS THAT THEY CANNOT ACCESS CAPITAL. THAT'S WHAT THIS BILL IS ABOUT. THIS BILL, THE SMALL BUSINESS LENDING FUND ACT, INVESTS CAPITAL IN COMMUNITY AND SMALL BANKS THAT WERE NOT THE PROBLEM THAT CAUSED THIS FINANCIAL MELTDOWN. INVEST IN THOSE COMMUNITY AND SMALL BANKS UNDER TERMS THAT BECOME MORE FAVORABLE TO THOSE BANKS AS THEY MAKE MORE LOANS TO SMALL BUSINESSES. IN OTHER WORDS, CARROTS FOR GETTING MONEY TO SMALL BUSINESSES. AND THE C.B.O. TELLS US ALL THE MONEY IN THE SMALL BUSINESS %% LENDING FUND WILL BE REPAID WITH INTEREST AND THAT TAXPAYERS WILL ACTUALLY MAKE $1 BILLION PROFIT OVER THE NEXT DECADE. NOW, THAT'S NOT TOO HARD TO BELIEVE, I THINK, WHEN YOU UNDERSTAND THAT IN TERMS OF THE DOLLARS THAT THE BUSH ADMINISTRATION ASKED US TO PUT ON THE TABLE TO STABILIZE THE ECONOMY BACK IN 2008, THAT TO THE EXTENT THAT THE MONEY HAS NOW BEEN PAID BACK, NOT ALL OF IT YET, BUT TO THE EXTENT THAT WE HAVE GOTTEN REPAYMENT, WE HAVE MADE SOME 12% ON THAT MONEY. UNFORTUNATELY 45% OF SMALL BUSINESSES SEEKING LOANS TO EXPAND OR EVEN JUST STAY AFLOAT WERE TURNED DOWN LAST YEAR. AND YOU CAN IMAGINE HOW THOSE DENIALS LED DIRECTLY TO UNEMPLOYMENT. THIS BILL, LADIES AND GENTLEMEN OF THE HOUSE, CAN GO A LONG WAY TOWARDS OPENING UP THE FLOW OF CREDIT THAT HELPS CREATE JOBS. THAT'S WHAT THIS IS ABOUT. ALLOWING SMALL BUSINESSES TO EXPAND, GROW THEIR BUSINESSES, HIRE MORE PEOPLE, PAY GOOD SALARIES AND BENEFITS, AND GET OUR ECONOMY MOVING. I URGE MY COLLEAGUES TO SUPPORT THIS BILL AND HELP OUR SMALL BUSINESSES CREATE JOBS. I WANT TO CONGRATULATE ONCE AGAIN THE CHAIR OF THE SMALL BUSINESS COMMITTEE FOR HER LEADERSHIP. THANK MS. BEAN FROM ILLINOIS FOR HER LEADERSHIP ON THESE ISSUES AND THANK OUR REPUBLICAN FRIENDS WHO I HOPE WILL JOIN US IN SUPPORTING THIS EFFORT TO MAKE SURE SMALL BUSINESSES HAVE THE CAPITAL THEY NEED TO GROW OUR ECONOMY. I YIELD BACK THE BALANCE OF MY TIME.

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  • 11:19:23 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM MISSOURI.

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  • 11:19:26 AM

    MR. GRAVES

    THANK YOU, MR. CHAIRMAN. I YIELD BACK THE BALANCE OF MY TIME.

  • 11:19:29 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLELADY FROM NEW…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLELADY FROM NEW YORK.

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  • 11:19:33 AM

    MS. VELAZQUEZ

    CHAIRMAN, I YIELD MYSELF THE BALANCE OF MY TIME.

  • 11:19:35 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY IS RECOGNIZED.

  • 11:19:37 AM

    MS. VELAZQUEZ

    MR. CHAIRMAN, THE FACE OF AMERICAN SMALL BUSINESS IS CHANGING AND RAPIDLY.…

    MR. CHAIRMAN, THE FACE OF AMERICAN SMALL BUSINESS IS CHANGING AND RAPIDLY. 20 YEARS AGO ENTREPRENEURS WERE LIKELY TO RELY ON LOANS AND CREDIT CARDS TO START UP OR EXPAND THEIR BUSINESSES. THIS MEANT DELAYS OF MOST. BUT STAYED'S START-UP COSTS HAVE GROWN DRAMATICALLY. THIS HAS CAUSED MANY SMALL COMPANIES TO TURN TO EQUITY INVESTMENT, PARTICULARLY THOSE IN HIGH GROWTH, TECHNOLOGY-BASED SECTORS WHICH SHOW THE GREATEST PROMISE TO CREATE NEW JOBS. FOR THIS FIRM, THE ASSETS ARE NOT BUILDING OR MACHINERY. THEY ARE PEOPLE, IDEAS, AND SKILLS. FOR THIS NEW GENERATION, THE OLD METHOD OF ENSURING CAPITAL THROUGH DEBT IS NO LONGER SUFFICIENT BY ITSELF. IN A WORLD WHERE REVOLUTIONARY NEW PRODUCTS ARE CONCEIVED AND COMPANIES ARE LAUNCHED IN GARAGES, NEW WAYS OF MEETING BUSINESSES CAPITAL NEEDS ARE NEEDED. THROUGH THE SMALL BUSINESS EARLY STAGE INVESTMENT PROGRAM, THIS BILL RECOGNIZES THIS FUNDAMENTAL SHIFT AND TAKES STEPS TO MAKE THE CAPITAL -- MEET THE CAPITAL NEEDS OF OUR NEW BUSINESSES. OUR NATION'S ENTREPRENEURS HAVE LED US OUT OF EVERY PREVIOUS RECESSION AND THEY CAN DO SO AGAIN. BUT ONLY IF WE GIVE THEM THE RIGHT TOOLS. THIS LEGISLATION WILL MAKE LOANS MORE AFFORDABLE FOR ASSISTING BUSINESSES SO THEY CAN GROW AND ADD TO THEIR PAYROLLS. AND FOR THE ENTERPRISES JUST GETTING OFF THE GROUND, IT WILL MEAN INVESTMENTS IN CUTTING EDGE STATUS. A VOTE FOR THIS BILL IS A VOTE IN FAVOR OF THE AMERICAN TRADITIONS OF INNOVATION AND ENTREPRENEURSHIP. I URGE MY COLLEAGUES TO VOTE WITH THE SMALL BUSINESSES IN THEIR DISTRICT, VOTE YES. I YIELD BACK THE BALANCE OF MY TIME.

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  • 11:21:41 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY YIELDS BACK HER TIME. THE GENTLEMAN FROM TEXAS.

  • 11:21:46 AM

    MR. NEUGEBAUER

    I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

  • 11:21:48 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN IS RECOGNIZED.

  • 11:21:52 AM

    MR. NEUGEBAUER

    THE MAJORITY LEADER COMING AND TELLING US THIS WON'T COST THE TAXPAYERS…

    THE MAJORITY LEADER COMING AND TELLING US THIS WON'T COST THE TAXPAYERS ANY MONEY. WE HAVE ASKED THE MAJORITY FOR AN UPDATED C.B.O. SCORE ON THIS BILL. WITH THE REVISIONS. WE HAVE NOT SEEN IT YET. WE DON'T ACTUALLY KNOW THAT FOR CERTAIN, BUT WHAT WE DO KNOW IS THAT FROM THE TARP PROGRAM THERE WAS LOSSES INCURRED IN THE TARP PROGRAM, AND THIS PROGRAM HAS BEEN IDENTIFIED BY PEOPLE WHO ARE VERY FAMILIAR WITH THE TARP PROGRAM AS ANOTHER TARP PROGRAM AND SAID SOME PEOPLE WANT TO CALL IT TARP TWO, TARP JUNIOR, BUT BY AND LARGE THIS IS ANOTHER TARP PROGRAM. THERE'S NO QUESTION TODAY THAT ALL OF US REALIZE THAT SMALL BUSINESSES ARE THE NUMBER ONE JOB CREATOR IN OUR COUNTRY. MR. CHAIRMAN, IN FACT I AM A SMALL BUSINESS MAN, I CAME TO CONGRESS NOT FROM BEING A LIFELONG POLITICIAN BUT FROM CREATING JOBS IN THIS COUNTRY. OF MAKING PAYROLLS. I'VE MADE A PAYROLL. I'VE BORROWED MONEY. I HAVE BEEN A LENDER. IF YOU REALLY WANT TO GET THE ECONOMY GOING BACK IN AMERICA AS THE MAJORITY HAS TRIED THROWING MONEY AT THE PROBLEM, AND I THOUGHT THEY WOULD HAVE LEARNED RIGHT NOW THAT ALL THIS MONEY, THESE TRILLIONS OF DOLLARS THEY HAVE THROWN AT THE ECONOMY HASN'T CREATED ANY JOBS. WE STILL HAVE ALMOST 10% OF THE AMERICAN PEOPLE THAT ARE UNEMPLOYED IN THIS COUNTRY TODAY. NUMBERS SHOW THAT 17% OF THE AMERICAN PEOPLE ARE EITHER UNEMPLOYED OR UNDEREMPLOYED. SO WE ARE THROWING MONEY AT THE PROBLEM ISN'T THE ANSWER. IF YOU WANT TO CREATE JOBS IN AMERICA, I'LL TELL YOU HOW YOU CREATE JOBS IN AMERICA. NUMBER ONE, YOU BRING SOME CERTAINTY TO AMERICA. RIGHT NOW THE AMERICAN PEOPLE ARE QUESTIONING WHAT THE FUTURE OF THEIR COUNTRY IS. THEY ARE SEEING RECORD DEFICITS BY THIS ADMINISTRATION. THIS YEAR ALONE IF WE HAD A BUDGET WE DON'T KNOW WHAT THE DEFICIT'S GOING TO BE THIS YEAR BECAUSE, ONE, WE HAVEN'T PASSED ANY APPROPRIATION BILLS IN THIS CONGRESS, AND SECONDLY, THE LEADERSHIP OF THIS -- MAJORITY HASN'T BROUGHT A BUDGET TO THE FLOOR. MAYBE THEY ARE NOT GOING TO BECAUSE THEY DON'T WANT THEIR MEMBERS TO HAVE TO TAKE A VOTE ON A BUDGET THAT'S GOING TO SPEND -- FOR EVERY DOLLAR WE SPEND WE'LL HAVE TO BORROW 42 CENTS. I'M SURE THEY WOULD BE EMBARRASSED IF YOU VOTED FOR A BUDGET LIKE THAT. ONE, WE HAVE TO START CUTTING BACK OUR SPENDING AND REDUCING THESE DEFICITS. LEAVING MONEY IN THE ECONOMY. AS A SMALL BUSINESS MAN WHEN I HAD THE CAPITAL IN MY BUSINESS AND THE GOVERNMENT WASN'T TAXING AWAY MY CAPITAL, I WAS ABLE TO LEVERAGE IT AND GO TO MY LENDER AND BE A RESPONSIBLE BORROWER AND IT WOULD BE PRUDENT TO LEND TO ME. WE COULD EXPAND OUR BUSINESS. THE OTHER THING YESTERDAY, THIS BODY HAD AN OPPORTUNITY TO DO SOMETHING FOR SMALL BUSINESS AND THAT WAS TO REPEAL THE MANDATE FOR HEALTH CARE THAT WAS IN THE DEMOCRATS' HEALTH CARE BILL. UNFORTUNATELY THERE WAS NOT ENOUGH VOTES, BUT SOME OF OUR DEMOCRATIC COLLEAGUES UNDERSTAND THE SAME THING WE DO. IF YOU WANT TO BRING CERTAINTY, CREATE JOBS IN AMERICA, YOU TAKE THAT OFF THE BACKS OF SMALL BUSINESSES. AND SO REALLY I WISH THAT THIS BILL WOULD DO SOMETHING FOR SMALL BUSINESSES IN THIS COUNTRY BECAUSE SMALL BUSINESSES ARE THE LIFEBLOOD AND ENGINE FOR OUR COUNTRY. UNFORTUNATELY, THIS BILL WILL NOT DO ANYTHING FOR SMALL BUSINESSES, BUT IT WILL PUT THE TAXPAYERS, AGAIN, AT RISK TO UNDERWRITE AND INVEST IN BANKS. I FIGURED THIS. IT'S SIMPLE BACK THERE. IF SOMEBODY WANTS TO INVEST THEIR DOLLARS IN A BANK, LET THEM INVEST THEIR DOLLARS IN A BANK. DON'T TAKE THE MONEY AWAY FROM THE TAXPAYERS AND INVEST IT BECAUSE THE GOVERNMENT THINKS THEY KNOW WHAT IS A BETTER PROGRAM. AND SO AGAIN I URGE MY COLLEAGUES TO VOTE FOR SMALL BUSINESS, BUT NOT THIS BILL. THIS BILL DOESN'T HELP SMALL BUSINESS. WITH THAT I YIELD BACK THE BALANCE OF MY TIME.

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  • 11:25:44 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLELADY FROM…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLELADY FROM ILLINOIS.

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  • 11:25:48 AM

    MS. BEAN

    I YIELD MYSELF THE REMAINING TIME.

  • 11:25:50 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY IS RECOGNIZED.

  • 11:25:52 AM

    MS. BEAN

    FIRST I WOULD LIKE TO ADDRESS SOME OF THE POINTS OUR COLLEAGUE FROM…

    FIRST I WOULD LIKE TO ADDRESS SOME OF THE POINTS OUR COLLEAGUE FROM MISSOURI SUGGESTED THAT ALL WE NEED TO DO FOR BUSINESS IS LESS FEDERAL ACTION AND LESS REGULATION. ON THAT POINT I WOULD HAVE TO AGREE THE MINORITY HAS DELIVERED. LESS ACTION AND LESS REGULATION, A CULTURE OF DEREGULATION THAT LED TO THE FINANCIAL CRISIS AND THE RECENT OIL SPILL IN THE GULF. BUT THIS BILL ISN'T ABOUT REGULATION, IT'S ABOUT CREDIT. AND I WOULD THEN LIKE TO MOVE TO THE POINT TO MY COLLEAGUE FROM TEXAS WHO SUGGESTED THAT THIS BILL ADDS $33 BILLION TO THE NATIONAL DEBT. THAT'S DISINGENUOUS AS THE GENTLEMAN KNOWS. THIS IS NOT A $30 BILLION COST ACCORDING TO THE NONPARTISAN C.B.O. THE LEGISLATION IN FACT WILL REDUCE THE DEFICIT. THESE FUNDS ARE AN INVESTMENT AND SAFE WARDS TO ENSURE THAT TAXPAYERS ARE REPAID WITH INTEREST. ALSO HIS CONCERN FOR SMALL BUSINESSES FEARING HIGHER TAXES IS UNWARRANTED IF TAXES ARE IN FACT AT HISTORIC LOWS AND IN THE RECOVERY ACT OF $288 BILLION IN TAX CUTS, MANY OF THOSE WENT TO OUR COMMUNITY BUSINESSES. HE ALSO CITED THE NFID TO CLAIM THAT ACCESS TO CREDIT IS NOT A SERIOUS PROBLEM, YET THE NLE FIB'S OWN DATA SHOW THAT 40% OF SMALL BUSINESS OWNERS ATTEMPTING TO BORROW LAST YEAR HAD ALL OF THEIR CREDIT NEEDS MET AND NEARLY 1/4 OF WOULD-BE BORROWERS, 21% HAD NONE OF THEIR NEEDS MET. HE DID SUGGEST SOME -- HE SUGGESTED ALL BUSINESSES ARE JUST IN A HOLDING PATTERN WHEN THE REALITY IS SOME AREN'T. THAT'S NOT WHO THIS LEGISLATION IS DIRECTED TO. THERE ARE MANY OTHERS WHO HAVE STARTED TO SEE THEIR PIPELINE BILLS AND FORECAST DEVELOP AND THEY ARE SEEKING TO EXPAND THEIR OPERATIONS AND HIRE PEOPLE AND THEY NEED TO -- THAT ACCESS TO CAPITAL. THIS SMALL BUSINESS LENDING FUND ACT IS FOR THOSE WHO ARE GOING TO GROW US OUT OF THIS RECESSION AND I URGE MY COLLEAGUES TO SUPPORT THIS IMPORTANT INVESTMENT IN THOSE COMMUNITY BANKS THAT ARE THE CORNERSTONE -- COMMUNITY BUSINESS THAT IS ARE THE CORNERSTONE OF OUR -- BUSINESSES THAT ARE THE CORNERSTONE OF OUR ECONOMY. I YIELD BACK.

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  • 11:28:01 AM

    THE SPEAKER PRO TEMPORE

    THE GENTLEWOMAN YIELDS BACK THE BALANCE OF HER TIME. ALL TIME FOR GENERAL…

    THE GENTLEWOMAN YIELDS BACK THE BALANCE OF HER TIME. ALL TIME FOR GENERAL DEBATE HAS EXPIRED. IN LIEU OF THE AMENDMENT IN THE NATURE OF A SUBSTITUTE RECOMMENDED BY THE COMMITTEE ON FINANCIAL SERVICES PRINTED IN THE BILL, IT SHALL BE IN ORDER TO CONSIDER ADD ORIGINAL BILL FOR THE PURPOSE OF AMENDMENT UNDER THE FIVE-MINUTE RULE THE AMENDMENT IN THE NATURE OF A SUBSTITUTE PRINTED IN PART A OF HOUSE REPORT 111-506 MODIFIED BY THE AMENDMENT PRINTED IN PART B OF THAT REPORT AND THE ORDER OF THE HOUSE TODAY. THE AMENDMENT IN THE NATURE OF A SUBSTITUTE SHALL BE CONSIDERED AS READ. NO AMENDMENT TO THAT AMENDMENT IN THE NATURE OF A SUBSTITUTE IS IN ORDER EXCEPT THOSE PRINTED IN PART C OF THE REPORT. EACH AMENDMENT MAY BE OFFERED ONLY IN THE ORDER PRINTED IN REPORT, BY A MEMBER DELLINGD IN THE REPORT, SHALL BE CONSIDERED AS READ, SHALL NOT BE DEBATABLE FOR THE FIRST TIME IN THE REPORT EQUALLY DIVIDED AND CONTROLLED BY A PRONE OPPONENT. SHALL NOT BE SUBJECT TO AMENDMENT AND SHALL NOT BE SUBJECT TO A DEMAND FOR DIVISION OF THE QUESTION. IT IS NOW IN ORDER TO CONSIDER AMENDMENT NUMBER 1 PRINTED IN PART C OF HOUSE REPORT 111-506, FOR WHAT PURPOSE DOES THE GENTLEMAN FROM NEW YORK SEEK RECOGNITION?

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  • 11:29:18 AM

    >>

    AN AMENDMENT AT THE DESK MADE IN ORDER UNDER THE RULE.

  • 11:29:20 AM

    THE CHAIR

    THE CLERK WILL DESIGNATE THE AMENDMENT.

  • 11:29:22 AM

    THE CLERK

    C OF HOUSE REPORT NUMBER 111-506, OFFERED BY MR. ISRAEL OF NEW YORK.

  • 11:29:30 AM

    THE CHAIR

    PURSUANT TO HOUSE RESOLUTION 1436, THE GENTLEMAN FROM NEW YORK, MR.…

    PURSUANT TO HOUSE RESOLUTION 1436, THE GENTLEMAN FROM NEW YORK, MR. ISRAEL, AND A MEMBER OPPOSED, EACH WILL CONTROL FIVE MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM NEW YORK.

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  • 11:29:40 AM

    MR. ISRAEL

    THE GENTLEMAN IS RECOGNIZED.

  • 11:29:44 AM

    THE CHAIR

    THE GENTLEMAN IS RECOGNIZED.

  • 11:29:46 AM

    MR. ISRAEL

    THANK THE CHAIRMAN. I RISE IN SUPPORT OF THE ISRAEL-BARROW AMENDMENT. IN…

    THANK THE CHAIRMAN. I RISE IN SUPPORT OF THE ISRAEL-BARROW AMENDMENT. IN PARTICULAR I WOULD LIKE TO THANK THE GENTLEMAN FROM GEORGIA, MR. BARROW, FOR HIS LEADERSHIP AND PARTNERSHIP ON BEHALF OF VETERANS. THIS AMENDMENT IS RATHER DIRECT. THE UNDERLYING BILL CREATES A NEW COMMUNITY BANK LENDING FUND FOR SMALL BUSINESSES. IT'S ESSENTIAL AS WE CONTINUE OUR RECOVERY WE EXPAND THE AMOUNT OF CREDIT TO AMERICA'S SMALL BUSINESSES SO THEY CAN BUY PRODUCTS AND HIRE PEOPLE. ONE, IT ENSURES THAT COMMUNITY BANKS PARTICIPATING IN THE LENDING FUND PRIORITIZE VETERAN-OWNED BUSINESSES. TWO, IT SIRS AGGRESSIVE OUTREACH IN ADVERTISING TO VETERAN-OWNED SMALL B%SINESSES. AND THIRD, IT REQUIRES THE SECRETARY OF TREASURY WHEN DESIGNATING LENDING INSTITUTIONS IN THE FUND FOCUS ON VETERAN-OWNED BUSINESSES. MR. CHAIRMAN, LAST YEAR THERE WERE 3.6 MILLION VETERAN-OWNED BUSINESSES IN THE UNITED STATES OF AMERICA, 250,000 WERE OWNED BY SERVICE DISABLED VETERANS. THEY FOUGHT OUR BATTLES, WE SHOULD FIGHT FOR THEIR BUSINESSES AND THAT IS PRECISELY WHAT OUR AMENDMENT DOES. I AGAIN WANT TO THANK MY PARTNER AND MY FRIEND FROM GEORGIA, MR. BARROW, FOR WORKING WITH ME ON THIS AMENDMENT. IT IS THE ISRAEL-BARROW AMENDMENT, BUT IT MIGHT AS WELL BE CALLED THE BARROW-ISRAEL AMENDMENT AS A RESULT OF THE PARTNERSHIP WE BROUGHT TO THIS TASK ON BEHALF OF SMALL BUSINESSES AND VETERANS. MR. CHAIRMAN, I RESERVE THE BALANCE OF MY TIME. .

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  • 11:31:13 AM

    THE CHAIR

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. DOES ANYONE SEEK TIME IN…

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. DOES ANYONE SEEK TIME IN OPPOSITION?

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  • 11:31:18 AM

    >>

    TIME IN OPPOSITION BUT I'M NOT OPPOSED TO THE AMENDMENT.

  • 11:31:23 AM

    MR. NEUGEBAUER

    THE BILL INCLUDES LANGUAGE REGARDING VETERAN AND WOMEN-OWNED BUSINESSES.…

    THE BILL INCLUDES LANGUAGE REGARDING VETERAN AND WOMEN-OWNED BUSINESSES. WITH THAT WE SUPPORT THIS AMENDMENT. WE THANK THE GENTLEMAN FOR BRINGING THIS AMENDMENT FORWARD. I YIELD BACK.

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  • 11:31:36 AM

    THE CHAIR

    YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM NEW YORK.

  • 11:31:39 AM

    MR. ISREAL

    I YIELD AS MUCH TIME AS HE MAY CONSUME TO THE GENTLEMAN FROM GEORGIA, MR.…

    I YIELD AS MUCH TIME AS HE MAY CONSUME TO THE GENTLEMAN FROM GEORGIA, MR. BEIRO. -- MR. BARROW.

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  • 11:31:44 AM

    THE CHAIR

    IS RECOGNIZED FOR THREE MINUTES.

  • 11:31:46 AM

    MR. BARROW

    I THANK THE GENTLEMAN FOR YIELDING. MR. CHAIRMAN, I SPEND A LOT OF TIME…

    I THANK THE GENTLEMAN FOR YIELDING. MR. CHAIRMAN, I SPEND A LOT OF TIME WITH SMALL BUSINESS OWNERS IN MY DISTRICT BECAUSE THEY ARE THE BACKBONE OF OUR ECONOMY AND THEY HOLD THE KEY TO OUR RECOVERY. IN THE LAST DECADE 70% OF ALL NEW JOBS WERE CREATED BY SMALL BUSINESSES. BUT MANY ARE NOW FACING A CREDIT SQUEEZE WHICH MAKES IT HARD TO COVER EVERYDAY EXPENSES, INCLUDING HIRING AND RETAINING WORKERS. IT'S IN THE BEST INTEREST OF OUR COUNTRY THAT SMALL BUSINESSES THRIVE. THAT'S WHY THE SMALL BUSINESS LENDING FUND ACT DESERVES OUR SUPPORT. I THINK OUR AMENDMENT MAKES THIS BILL BETTER. IT REACHES OUT TO WOMEN, MINORITY AND VETERAN-OWNED BUSINESSES TO MAKE THEM AWARE OF THE AVAILABILITY OF THESE FUNDS. THEY ARE AN OFTEN DISADVANTAGED PART OF OUR ECONOMY AND I THINK THEY DESERVE OUR ATTENTION. I THANK MR. HE IS REAL FOR -- MR. ISRAEL FOR HIS WORK ON THIS AMENDMENT. I YIELD BACK THE BALANCE OF MY TIME.

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  • 11:32:55 AM

    MR. ISREAL

    WE'VE PROVEN TO THE AMERICAN PEOPLE THAT BOTH SIDES OF THE AISLE CAN AGREE…

    WE'VE PROVEN TO THE AMERICAN PEOPLE THAT BOTH SIDES OF THE AISLE CAN AGREE ON ONE THING, AND THAT'S SUPPORTING VETERANS AND SMALL BUSINESSES. I THANK THE BIPARTISAN SUPPORT WE'VE RECEIVED AND YIELD BACK THE BALANCE OF MY TIME.

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  • 11:33:09 AM

    THE CHAIR

    THE QUESTION IS ON THE AMENDMENT OFFERED BY THE GENTLEMAN FROM NEW YORK.…

    THE QUESTION IS ON THE AMENDMENT OFFERED BY THE GENTLEMAN FROM NEW YORK. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, THE YIST HAVE IT. -- THE YICE HAVE IT -- THE YEAS HAVE IT.

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  • 11:33:24 AM

    MR. ISREAL

    A RECORDED VOTE.

  • 11:33:28 AM

    THE CHAIR

    8 OF RULE 20, FURTHER PROCEEDINGS ON THE AMENDMENT OFFERED BY THE…

    8 OF RULE 20, FURTHER PROCEEDINGS ON THE AMENDMENT OFFERED BY THE GENTLEMAN FROM NEW YORK WILL BE POSTPONED. THE CHAIR UNDERSTANDS THAT AMENDMENT 2 WILL NOT BE OFFERED. IT IS NOW IN ORDER TO CONSIDER AMENDMENT NUMBER 3 PRINTED IN PART C OF HOUSE REPORT 111-506. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM VIRGINIA SEEK RECOGNITION?

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  • 11:33:54 AM

    MR. NYE

    MR. SPEAKER, I HAVE AN AMENDMENT AT THE DESK.

  • 11:33:56 AM

    THE CHAIR

    THE CLERK WILL DESIGNATE THE AMENDMENT.

  • 11:33:58 AM

    THE CLERK

    AMENDMENT NUMBER 3 PRINTED IN PART C OF HOUSE REPORT 111-506 OFFERED BY…

    AMENDMENT NUMBER 3 PRINTED IN PART C OF HOUSE REPORT 111-506 OFFERED BY MR. NYE OF VIRGINIA.

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  • 11:34:06 AM

    THE CHAIR

    RESOLUTION 1436, THE GENTLEMAN FROM VIRGINIA, MR. NYE, AND A MEMBER…

    RESOLUTION 1436, THE GENTLEMAN FROM VIRGINIA, MR. NYE, AND A MEMBER OPPOSED, EACH WILL CONTROL FIVE MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM VIRGINIA.

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  • 11:34:18 AM

    MR. NYE

    MR. SPEAKER, I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

  • 11:34:23 AM

    MR. NYE

    MR. SPEAKER, RECENT REPORTS ON U.S. ECONOMIC GROWTH ARE PROMISING AND…

    MR. SPEAKER, RECENT REPORTS ON U.S. ECONOMIC GROWTH ARE PROMISING AND SUGGESTS THAT RECOVERY IS TAKING HOLD. HOWEVER, I CONTINUE TO HEAR FROM SMALL BUSINESS OWNERS IN MY DISTRICT WHO ARE STILL HAVING A TOUGH TIME OBTAINING THE BUSINESS LOANS THEY NEED TODAY. THEY HAVE WEATHERED THE WORSE OF THE STORM AND ARE READY TO LEAD OUR ECONOMY TO A STRONG RECOVERY. HOWEVER, IN ORDER TO DO THIS THEY NEED CAPITAL, CAPITAL FROM LOANS THAT BANKS ARE UNWILLING TO LEND. AS CHAIRMAN OF THE SMALL BUSINESS SUBCOMMITTEE ON CONTRACTING AND TECHNOLOGY, MY SUBCOMMITTEE EXAMINES EVERY DAY HOW THE FEDERAL GOVERNMENT CAN INCENTIVIZE BUSINESS INNOVATION. FOR EXAMPLE, LAST YEAR WITH MY FELLOW VIRGINIAN, MARK WARNER, I PROPOSED THE SMALL BUSINESS ADMINISTRATION TAKE ACTION ON THE ARC LOAN PROGRAM, A VITAL LOAN PROGRAM THAT HAD BEEN DELAYED MONTHS UNTIL CONGRESS AUTHORIZED IT. BECAUSE OF OUR EFFORTS, SOON AFTER THE ARC LOAN PROGRAM WAS IMPLEMENTED, IT'S EXPECTED TO CREATE OR RETAIN 24,000 JOBS AND ASSIST 4,900 BUSINESSES THIS YEAR ALONE. WE MUST CONTINUE TO IMPLEMENT THESE TYPES OF SMALL BUSINESS PROGRAMS THAT WILL UNFREEZE THE SMALL BUSINESS CREDIT MARKETS. HOWEVER, AS WE CREATE THIS PROGRAM TO INCREASE LENDING CAPACITY TO SMALL BANKS, WE MUST ENSURE THAT IT'S NOT ANOTHER BANK BAILOUT. THE AMENDMENT I OFFER TODAY MAKES SURE THAT THE FUNDS IN THE BILL ARE GOING TO SMALL BUSINESSES. FIRST AND FOREMOST, WE MUST DEFINE WHAT A SMALL BUSINESS IS. IF A SMALL BUSINESS LENDING FUND IS CREATED WITH THE INTENTION TO SPUR SMALL BUSINESS LENDING WE MUST ENSURE THAT THE FUNDS ARE IN FACT LENT TO BUSINESSES THAT ARE PROPERLY DEFINED AS SMALL. IN ORDER TO DO THIS WE SHOULD USE THE DEFINITION ALREADY BEING USED BY FEDERAL AGENCIES TO DETERMINE A BUSINESS' SIZE. SECOND, WE WANT TO INCREASE LENDING VOLUME AND OPEN UP THE CREDIT MARKETS TO EVERY QUALIFIED SMALL BUSINESS. TO DO THIS EFFECTIVELY, WE NEED TO LINK LENDING INCENTIVES TO VOLUME, OR IN OTHER WORDS, TO A NUMBER OF LOANS THE BANK MAKES AND NOT JUST THE MONEY LENT. IF WE MEASURE THE LENDING OF A BANK MERELY BY THE MONEY LENT THEN A BANK COULD MAKE A FEW LARGE LOANS AND CALL IT A DAY. WORKING CAPITAL FOR MOST SMALL BUSINESSES REQUIRE SMALL LOANS, AND MANY TIMES IT TAKES MORE THAN ONE. THUS, TO EFFECTIVELY MEASURE IF THIS PROGRAM IS TRULY SUPPORTING WORKING CAPITAL EFFORTS, WE MUST CERTIFY THAT THE VOLUME OF THESE SMALL LOANS INCREASES. THIRD, IN THE SAME VEIN, A HARDENED BASELINE WITH REAL MEANING MUST BE SET WHEN MEASURING A BANK'S LENDING RECORD. CURRENTLY, THE BILL ONLY REQUIRES A BANK TO INCREASE ITS LENDING, COORGD TO ITS 2009 FOURTH QUARTER RECORD -- ACCORDING TO ITS 2009 FOURTH QUARTER RECORD. IT SAW A HISTORICALLY LOW LENDING RATE. SMALL FINANCIAL INSTITUTIONS DECREASED THEIR SMALL BUSINESS LENDING BY AN AVERAGE OF 12.8%, AND SMALL BUSINESSES LENDING BY LARGE BANKS DROPPED BY MORE THAN 20%. TOGETHER -- TO GET A MORE ACCURATE MEASURE, THIS REQUIRES A FULL YEAR'S WORTH OF DATA TO MEASURE A BANK'S LENDING RECORD. AND FINALLY, SMALL BUSINESS LENDING COMPANIES EXIST ONLY TO LEND TO SMALL BUSINESSES. IT WILL BE NEAR SIGHTED NOT TO MAKE THESE INSTITUTIONS WHO ALREADY HAVE A LARGE INFRASTRUCTURE AND LEND TO SMALL BUSINESSES ELIGIBLE IN THIS BILL. MY AMENDMENT IMPROVES THIS AS QUALIFIED FINANCIAL INSTITUTIONS ALONGSIDE COMMUNITY BANKS AND SMALL CREDIT UNIONS. IF OUR ECONOMIC RECOVERY IS GOING TO TRANSLATE INTO ECONOMIC EXPANSION, WE MUST OPEN UP THE CREDIT MARKETS TO OUR SMALL BUSINESSES WHO ARE PROVEN JOB CREATORS, AND WE MUST ENSURE THAT PROGRAMS CREATED TO PROVIDE CAPITAL TO SMALL BUSINESSES TAKE THE NECESSARY MEASURES TO PROMOTE SMALL BUSINESS LENDING AND NOT BIG BUSINESS BAILOUTS. I URGE MY COLLEAGUES TO SUPPORT THIS AMENDMENT FOR OUR SMALL BUSINESSES AND FOR OUR ECONOMIC FUTURE, AND I RESERVE THE BALANCE OF MY TIME.

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  • 11:38:13 AM

    THE CHAIR

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. WHO SEEKS TIME IN…

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. WHO SEEKS TIME IN OPPOSITION?

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  • 11:38:20 AM

    THE CHAIR

    THE GENTLEMAN FROM TEXAS IS RECOGNIZED.

  • 11:38:22 AM

    MR. NEUGEBAUER

    MR. CHAIRMAN, I AM OPPOSED TO THIS AMENDMENT BECAUSE IT REMOVES SOME OF…

    MR. CHAIRMAN, I AM OPPOSED TO THIS AMENDMENT BECAUSE IT REMOVES SOME OF THE SAFEGUARDS THAT ARE IN PLACE TO HELP MAKE THE BANKS USE THE MONEY AND USE IT THE WAY THEY WERE SUPPOSED TO AND NOT SIMPLY JUST BUILDING UP THEIR CAPITAL BUFFERS. ALLOWING RECIPIENTS TO SELF-CERTIFY THAT THEY HAVE INCREASED SMALL BUSINESS LENDING GETS ALL THE OTHER PROTECTIONS IN THIS -- FORGETS ALL THE OTHER PROTECTIONS IN THIS BILL. IF WE REQUIRE THEM TO PAY DIVIDENDS AS LOW AS 1%, WE NEED TO MAKE SURE THEY USE THE MONEY ACTUALLY THE WAY THE LEGISLATION WAS INTENDED. WE ALREADY HAVE LESS OVERSIGHT OF THIS MONEY THAN WE DID IN THE TARP PROGRAM, AND EVEN THOUGH IT'S THE SAME PROGRAM, CUTTING BACK EVEN FURTHER IS THE WRONG APPROACH. ALREADY UNDER THIS BILL BANKS ARE GETTING A GOOD DEAL ON THE COST OF CAPITAL THANKS TO THE TAXPAYERS. COMMUNITY BANKS THAT ISSUED PREFERRED EQUITY PAYMENTS OF 9% OR MORE IN THE PRIVATE MARKET, HERE WE HAVE THE GOVERNMENT TO GIVE THEM THE CAPITAL AT 5% OR AS LOW AS 1%. THIS AMENDMENT CHANGES THE INCENTIVES IN THE WRONG WAY AND WE NEED MORE SAFEGUARDS FOR THE TAXPAYERS, NOT FEWER. AT THIS TIME, MR. CHAIRMAN, I'D LIKE TO YIELD SUCH TIME AS HE MAY CONSUME TO THE GENTLEMAN FROM MISSOURI, MR. GRAVES. THE CHAIRMAN OF THE -- THE RANKING MEMBER OF THE SMALL BUSINESS COMMITTEE.

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  • 11:39:43 AM

    THE CHAIR

    THE GENTLEMAN RESERVES. THE GENTLEMAN FROM TEXAS RESERVES. THE GENTLEMAN…

    THE GENTLEMAN RESERVES. THE GENTLEMAN FROM TEXAS RESERVES. THE GENTLEMAN FROM VIRGINIA.

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  • 11:39:50 AM

    MR. NYE

    TO MY COLLEAGUE FROM NEW YORK, THE CHAIRWOMAN OF THE SMALL BUSINESS…

    TO MY COLLEAGUE FROM NEW YORK, THE CHAIRWOMAN OF THE SMALL BUSINESS COMMITTEE, ONE MINUTE.

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  • 11:39:55 AM

    THE CHAIR

    THE GENTLELADY FROM NEW YORK IS RECOGNIZED FOR ONE MINUTE.

  • 11:39:58 AM

    MS. VELAZQUEZ

    THE GENTLEMAN FROM TEXAS.

  • 11:41:16 AM

    THE CHAIR

    THE GENTLEMAN FROM TEXAS.

  • 11:41:18 AM

    MR. NEUGEBAUER

    THANK YOU, MR. CHAIRMAN. I JUST WANT TO REPEAT THAT WHEN WE'RE GOING TO…

    THANK YOU, MR. CHAIRMAN. I JUST WANT TO REPEAT THAT WHEN WE'RE GOING TO GIVE A DIVIDEND -- A LESSER DIVIDEND RATE FOR THE MORE PERFORMANCE THAT THESE BANKS HAVE, LETTING THEM SELF-CERTIFY I THINK IS NOT A GOOD CHECK AND BALANCE. CERTAINLY WE WANT THEM TO INCREASE THEIR LENDING, BUT WHAT WE NEED IS THIRD-PARTY VALIDATION TO MAKE SURE THAT -- IN FACT THEY WILL GET AS LOW AS 1% CAPITAL CAN I HAVE DEND RATE THAT SOME THIRD PARTY VALIDATION VALIDATES THAT BECAUSE OBVIOUSLY THAT HAS IMPACT ON THE RETURN -- ON THIS PROGRAM. SO WITH THAT I RESERVE.

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  • 11:41:56 AM

    THE CHAIR

  • 11:42:00 AM

    THE CHAIR

    THE GENTLEMAN FROM VIRGINIA. THE GENTLEMAN FROM TEXAS.

  • 11:42:06 AM

    MR. NYE

    MR. CHAIRMAN. I WOULD LIKE TO MAKE UNANIMOUS CONSENT REQUEST THAT BOTH…

    MR. CHAIRMAN. I WOULD LIKE TO MAKE UNANIMOUS CONSENT REQUEST THAT BOTH SIDES BE ALLOCATED AN ADDITIONAL TWO MINUTES FOR DEBATE.

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  • 11:42:17 AM

    THE CHAIR

    OBJECTION? WITHOUT OBJECTION, THE GENTLEMAN IS RECOGNIZED.

  • 11:42:20 AM

    MR. NYE

    LIKE TO YIELD TO THE DISTINGUISHED RANKING MEMBER OF THE COMMITTEE, MR.…

    LIKE TO YIELD TO THE DISTINGUISHED RANKING MEMBER OF THE COMMITTEE, MR. GRAVES.

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  • 11:42:26 AM

    MR. GRAVES

    I WOULD YIELD BACK.

  • 11:43:30 AM

    THE CHAIR

    THE GENTLEMAN FROM VIRGINIA YIELDS BACK. THE GENTLEMAN FROM TEXAS. MR.

  • 11:43:37 AM

    MR. NEUGEBAUER

    AT THIS TIME, MR. CHAIRMAN, I YIELD BACK MY TIME.

  • 11:43:41 AM

    THE CHAIR

    FROM TEXAS YIELDS BACK. THE QUESTION IS ON THE AMENDMENT OFFERED BY THE…

    FROM TEXAS YIELDS BACK. THE QUESTION IS ON THE AMENDMENT OFFERED BY THE GENTLEMAN FROM VIRGINIA.

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  • 11:43:50 AM

    THE CHAIR

    THE GENTLEMAN YIELDS BACK. THE QUESTION IS ON THE AMENDMENT OFFERED BY THE…

    THE GENTLEMAN YIELDS BACK. THE QUESTION IS ON THE AMENDMENT OFFERED BY THE GENTLEMAN FROM VIRGINIA. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, THE AYES HAVE IT. THE AMENDMENT IS AGREED TO. IT IS NOW IN ORDER TO CONSIDER AMENDMENT NUMBER 4 PRINTED IN PART C OF HOUSE REPORT 111-506. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM IDAHO SEEK RECOGNITION? THE GENTLEMAN FROM IDAHO.

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  • 11:44:26 AM

    >>

    HAVE AN AMENDMENT AT THE DESK.

  • 11:44:30 AM

    THE CHAIR

    WILL DESIGNATE THE AMENDMENT.

  • 11:44:32 AM

    THE CLERK

    NUMBER 4 PRINTED IN PART C OF HOUSE REPORT 111-506, AS MODIFIED, OFFERED…

    NUMBER 4 PRINTED IN PART C OF HOUSE REPORT 111-506, AS MODIFIED, OFFERED BY MR. MINNICK OF IDAHO.

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  • 11:44:40 AM

    THE CHAIR

    PURSUANT TO HOUSE RESOLUTION 1436, THE GENTLEMAN FROM IDAHO, MR. MINNICK,…

    PURSUANT TO HOUSE RESOLUTION 1436, THE GENTLEMAN FROM IDAHO, MR. MINNICK, AND A MEMBER OPPOSED, EACH WILL CONTROL FIVE MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM IDAHO.

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  • 11:44:53 AM

    MR. MINNICK

    CHAIRMAN, I YIELD MYSELF SUCH TIME AS I MAY CONSUME. MR. CHAIRMAN, I YIELD…

    CHAIRMAN, I YIELD MYSELF SUCH TIME AS I MAY CONSUME. MR. CHAIRMAN, I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

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  • 11:45:08 AM

    MR. MINNICK

    I ASK UNANIMOUS CONSENT TO MODIFY MY AMENDMENT.

  • 11:45:11 AM

    THE CHAIR

    OBJECTION? THE CLERK WILL REPORT THE MODIFICATION.

  • 11:45:15 AM

    THE CLERK

    MODIFICATION TO THE AMENDMENT OFFERED BY MR. MINNICK OF IDAHO. PAGE 6…

    MODIFICATION TO THE AMENDMENT OFFERED BY MR. MINNICK OF IDAHO. PAGE 6 AFTER LINE 9 INSERT THE FOLLOWING -- B, NONOWNER OCCUPIED COMMERCIAL REAL ESTATE LOANS.

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  • 11:45:30 AM

    THE CHAIR

    OBJECTION? WITHOUT OBJECTION, THE AMENDMENT IS MODIFIED. THE GENTLEMAN…

    OBJECTION? WITHOUT OBJECTION, THE AMENDMENT IS MODIFIED. THE GENTLEMAN FROM IDAHO.

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  • 11:45:35 AM

    MR. MINNICK

    WHO SEEKS TIME IN OPPOSITION?

  • 11:47:52 AM

    THE CHAIR

    IN OPPOSITION?

  • 11:47:54 AM

    MR. NEUGEBAUER

    I SEEK TIME IN OPPOSITION ALTHOUGH I AM NOT OPPOSED TO THE AMENDMENT.

  • 11:47:58 AM

    THE CHAIR

    THE GENTLEMAN IS RECOGNIZED.

  • 11:48:02 AM

    MR. NEUGEBAUER

    APPRECIATE THE GENTLEMAN'S POINT HERE TRYING TO CREATE A NEW SOURCE OF…

    APPRECIATE THE GENTLEMAN'S POINT HERE TRYING TO CREATE A NEW SOURCE OF CAPITAL FOR COMMERCIAL REAL ESTATE. WHERE THERE'S A SIGNIFICANT AMOUNT OF STRESS ON OUR COMMUNITY BANKS, FINANCING FOR COMMERCIAL REAL ESTATE, PARTICULARLY THE SMALLER LOAN MARKET THAT SERVE SMALL BUSINESSES, HAS BEEN LIMITED TO COMMERCIAL BACKED MORTGAGES WHICH ACCOUNTED FOR NEARLY 50% OF THE COMMERCIAL REAL ESTATE LENDING IN 2007, REMAINS DORMANT. WHILE I CONTINUE TO BELIEVE THE $30 BILLION LENDING FUND WILL NOT IMPROVE LENDING FOR SMALL BUSINESSES, I DO NOT OPPOSE THE GENTLEMAN'S AMENDMENT. WITH THAT I YIELD BACK.

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  • 11:48:36 AM

    THE CHAIR

    THE GENTLEMAN FROM TEXAS YIELDS BACK HIS TIME. THE GENTLEMAN FROM IDAHO.

  • 11:48:39 AM

    MR. MINNICK

    I THANK THE GENTLEMAN AND I WOULD URGE MY COLLEAGUES TO ENDORSE THIS BILL…

    I THANK THE GENTLEMAN AND I WOULD URGE MY COLLEAGUES TO ENDORSE THIS BILL AND ASK THAT IT BE ADDED TO THE BILL. I YIELD BACK.

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  • 11:48:48 AM

    THE CHAIR

    YIELDS BACK THE BALANCE OF HIS TIME. THE QUESTION IS ON THE AMENDMENT…

    YIELDS BACK THE BALANCE OF HIS TIME. THE QUESTION IS ON THE AMENDMENT OFFERED BY THE GENTLEMAN FROM IDAHO. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, THE AYE VS. IT. THE AMENDMENT IS AGREED -- THE AYES HAVE IT. THE AMENDMENT IS AGREED TO. IT IS NOW IN ORDER TO CONSIDER AMENDMENT NUMBER FIVE PRINTED IN PART C OF HOUSE REPORT 111-506. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM COLORADO SEEK RECOGNITION?

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  • 11:49:19 AM

    MR. PERLMUTTER

    CHAIRMAN, I HAVE AN AMENDMENT AT THE DESK, MADE IN ORDER BY THE RULES.…

    CHAIRMAN, I HAVE AN AMENDMENT AT THE DESK, MADE IN ORDER BY THE RULES. AMENDMENT NUMBER 5.

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  • 11:49:23 AM

    THE CHAIR

    THE CLERK WILL DESIGNATE THE AMENDMENT.

  • 11:49:25 AM

    THE CLERK

    NUMBER 5, PRINTED IN PART C OF HOUSE REPORT NUMBER 11-506, OFFERED BY MR.…

    NUMBER 5, PRINTED IN PART C OF HOUSE REPORT NUMBER 11-506, OFFERED BY MR. PERLMUTTER OF COLORADO.

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  • 11:49:31 AM

    THE CHAIR

    PURSUANT TO HOUSE RESOLUTION 1436, THE GENTLEMAN FROM COLORADO, MR.…

    PURSUANT TO HOUSE RESOLUTION 1436, THE GENTLEMAN FROM COLORADO, MR. PERLMUTTER, AND A MEMBER OPPOSED EACH WILL CONTROL FIVE MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM COLORADO.

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  • 11:49:42 AM

    MR. PERLMUTTER

    MR. CHAIRMAN, I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

  • 11:49:47 AM

    MR. PERLMUTTER

    CHAIR, THE AMENDMENT I OFFER WITH MY COLLEAGUES TODAY WOULD INCREASE THE…

    CHAIR, THE AMENDMENT I OFFER WITH MY COLLEAGUES TODAY WOULD INCREASE THE AVAILABILITY OF CAPITAL FOR SMALL BUSINESSES. IT TEMPORARILY ALLOWS BANKS TO AMORTIZE REAL ESTATE LOSSES OVER SIX YEARS. IN ADDITION, SMALLER COMMUNITY BANKS WOULD BE INCENTIVIZED TO INCREASE SMALL BUSINESS LENDING THROUGH AN EXTENDED AM MORE AT THISIZATION PERIOD OF UP TO 10 YEARS. THE IMPACT OF THIS AMENDMENT DEALS WITH REGIONAL AND SMALL BANKS. IT WILL BE IMMEDIATE AND IS A NECESSARY STEP IN PROVIDING GREATER AVAILABILITY OF CREDIT WHICH WILL LEAD TO JOB CREATION AND ECONOMIC GROWTH. WE HAD AN EARTHQUAKE ON WALL STREET ABOUT A YEAR AND A HALF AGO. THOSE AFTERSHOCKS ARE STILL BEING FELT BY SMALL BUSINESSES AND SMALL BANKS ALL ACROSS THE COUNTRY. AND IT IS FOR THAT REASON THESE BANKS IN AN EFFORT TO HELP SMALL BUSINESSES REGAIN THEIR FOOTING, DESERVE THIS KIND OF AM MORE AT THISIZATION AND FLEX -- AMORTIZIZATION WITH REFLECT TO THEIR PORTFOLIOS. THEY DID NOT CAUSE THE TROUBLE THEY NOW FIND THEMSELVES IN AND WE BELIEVE THAT AM MORIZATION -- AMORTIZATION IS APPROPRIATE. WITH THAT I RESERVE THE BALANCE OF MY TIME.

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  • 11:51:06 AM

    THE CHAIR

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. WHO SEEKS TIME IN…

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. WHO SEEKS TIME IN OPPOSITION?

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  • 11:51:09 AM

    MR. NEUGEBAUER

    I DO, MR. CHAIRMAN. I AM OPPOSED TO THE AMENDMENT.

  • 11:51:14 AM

    MR. NEUGEBAUER

    CERTAINLY I'M SYMPATHETIC TO THE MANY COMMUNITY BANKS COPING WITH THE REAL…

    CERTAINLY I'M SYMPATHETIC TO THE MANY COMMUNITY BANKS COPING WITH THE REAL ESTATE ASSETS THAT HAVE LOST THEIR VALUE. THIS AMENDMENT WOULD ESSENTIALLY ALLOW CERTAIN BANKS TO HIDE LOSSES FOR UP TO 10 YEARS. LEGISLATIVE FOREBARONS IS A DANGEROUS ONE AND COULD RESULT IN PROBLEMS THAT WOULD ONLY GET WORSE. THE COUNTY RULES FUNCTION PROVIDE A CLEAR RECORD OF THE HEALTH OF THE INSTITUTION. THIS AMENDMENT DOES JUST THE OPPOSITE BY HIDING THE LOSSES. THE AMORTIZATION PROVIDED BY THIS AMENDMENT DOES NOT TAKE EFFECT FOR TWO YEARS. THE INCREASE IN THE SMALL BUSINESS LENDING IS MEASURE, THUS IT DOESN'T ADDRESS THE CURRENT CREDIT PROBLEMS THIS BILL ATTEMPTS TO SOLVE. THIS AMENDMENT CREATES THE WRONG INCENTIVE OF ALLOWING BANKS TO HIDE LOSSES FOR LONGER PERIODS OF TIME BASED ON MAKING EVEN MORE LOANS. INSTEAD OF CONTINUING TO DISTORT THE MARKET, THE GOVERNMENT SHOULD CREATE AN EXPANSIONARY ENVIRONMENT WHEREBY LOWERING TAXES AND PROVIDING REGULATORY CERTAINTY AND NOT HIDING ACCOUNTING LOSSES. I URGE OPPOSITION TO THIS AMENDMENT. WITH THAT I YIELD BACK.

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  • 11:52:17 AM

    THE CHAIR

    I WOULD --

  • 11:52:23 AM

    MR. PERLMUTTER

    THE AMENDMENT PROVIDES IF THERE IS A $250,000 LOSS IT IS BOOKED AND OPENED…

    THE AMENDMENT PROVIDES IF THERE IS A $250,000 LOSS IT IS BOOKED AND OPENED BUT THEN IT'S SPREAD UP FOR SIX UP TO 10 YEARS. IT'S EASILY TRANSPARENT. AND OPEN. I YIELD ONE MINUTE TO MY FRIEND FROM FLORIDA,

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  • 11:52:36 AM

    THE CHAIR

    THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

  • 11:52:38 AM

    MR. KLEIN

    MR. SPEAKER. I THANK THE GENTLEMAN. ALL OF US SHARE A COMMON GOAL. WE ARE…

    MR. SPEAKER. I THANK THE GENTLEMAN. ALL OF US SHARE A COMMON GOAL. WE ARE COMMITTED TO A FULL ECONOMIC RECOVERY. WE ARE ALSO AGREED THAT SMALL BUSINESS LEND SOMETHING CRITICAL TO ACHIEVING THAT RECOVERY. SMALL BUSINESSES IN MY DISTRICT IN SOUTH FLORIDA AND AROUND THE COUNTRY ARE STRUGGLING TO GET ACCESS TO CREDIT SO THEY CAN GROW THEIR BUSINESSES AND CREATE JOBS. EVEN THOUGH BANK REGULATORS AT THE TOP ARE TELLING BANKS TO LEND, I HAVE HEARD OVER AND OVER AGAIN DIRECTLY FROM DOZENS OF BUSINESSES IN MY COMMUNITY AND THE BANKS LOCALLY THAT EXAMINERS ON THE GROUND ARE GIVING THE EXACT OPPOSITE MESSAGE. IT IS ESSENTIAL THAT WE DO EVERYTHING WE CAN TO INCREASE SMALL BUSINESS LENDING. THIS AMENDMENT PROVIDES INCENTIVES FOR SMALL BUSINESS AND REAL ESTATE LENDING, EXACTLY WHAT SOUTH FLORIDA AND OTHER COMMUNITIES NEED TO CONTINUE ON THE ROAD TO RECOVERY. THE AMENDMENT PROVIDES A SOLUTION TO A CRITICAL PROBLEM AND I'M PROUD TO HAVE WORKED WITH COMMUNITY BANKS, OUR REALTORS, AND REAL ESTATE COMMUNITY ON THIS ISSUE. I URGE MY COLLEAGUES TO SUPPORT THIS AMENDMENT.

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  • 11:53:36 AM

    THE CHAIR

  • 11:53:42 AM

    MR. PERLMUTTER

    I RESERVE THE BALANCE OF MY TIME.

  • 11:53:44 AM

    THE CHAIR

    FROM TEXAS HAS YIELDED BACK HIS TIME.

  • 11:53:46 AM

    MR. PERLMUTTER

    AT THIS POINT I ALSO SAY TO MY FRIEND FROM TEXAS THE AMENDMENT TAKES PLACE…

    AT THIS POINT I ALSO SAY TO MY FRIEND FROM TEXAS THE AMENDMENT TAKES PLACE IMMEDIATELY NOT AFTER TWO YEARS. WITH THAT I YIELD ONE MINUTE TO MY COLLEAGUE FROM COLORADO, MR. COFFMAN.

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  • 11:53:57 AM

    THE CHAIR

    THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

  • 11:54:02 AM

    MR. COFFMAN

    THE GENTLEMAN FROM COLORADO. MR. SPEAKER, I RISE TODAY IN STRONG SUPPORT…

    THE GENTLEMAN FROM COLORADO. MR. SPEAKER, I RISE TODAY IN STRONG SUPPORT OF THIS AMENDMENT TO HOUSE RESOLUTION 5297, THE SMALL BUSINESS LENDING FUND ACT OF 2010. THE AMENDMENT AUTHORED BY MY FRIEND FROM COLORADO, REPRESENTATIVE PERLMUTTER, WOULD DO A GREAT DEAL TO INCREASE THE AVAILABILITY OF LOANS TO OUR NATION'S SMALL BUSINESSES. SMALL BUSINESSES ARE THE ENGINE THAT DRIVES OUR ECONOMY. THIS AMENDMENT WILL ALLOW COLORADO BANKS TO AMORTIZE OR WRITE DOWN COMMERCIAL REAL ESTATE LOAN LOSSES OVER A PERIOD OF TIME TO ENSURE AN ADEQUATE AMOUNT OF CAPITAL FOR CONTINUED LENDING. THE AMENDMENT ENCOURAGES CONTINUED RENDING TO SMALL BUSINESSES BY ESTABLISHING A GRADUATED SCALE WITH A MAXIMUM 10-YEAR PERIOD OF AMORTIZATION FOR INCREASED SMALL BUSINESS LENDING OF 10% OR MORE. ENACTING COMMONSENSE MEASURES SUCH AS THIS WILL DO A GREAT DEAL TO HELP SMALL BUSINESSES WHILE ALSO PROTECTING MANY COMMUNITY BANKS FROM THE VOLATILITY THAT CURRENTLY SURROUNDS THE COMMERCIAL REAL ESTATE PORTFOLIO. I HAVE RUN A SMALL BUSINESS AND ACCESS TO CAPITAL WAS ALWAYS A PRESSING CONCERN. I AM GLAD THAT CONGRESS IS ADDRESSING THIS IMPORTANT ISSUE. I URGE MY COLLEAGUES TO VOTE IN FAVOR OF THIS AMENDMENT AND I YIELD BACK THE BALANCE OF MY TIME.

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  • 11:55:22 AM

    THE CHAIR

    YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM COLORADO.

  • 11:55:25 AM

    MR. PERLMUTTER

    MR. CHAIRMAN. I YIELD ONE MINUTE TO MY FRIEND FROM WISCONSIN,

  • 11:55:28 AM

    THE CHAIR

    GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

  • 11:55:30 AM

    MR. KAGAN

    RISE IN STRONG SUPPORT OF THE PERLMUTTER-KLEIN-KAGAN AMENDMENT. WHY? IT'S…

    RISE IN STRONG SUPPORT OF THE PERLMUTTER-KLEIN-KAGAN AMENDMENT. WHY? IT'S EXACTLY THE MEDICINE WE NEED IN OUR ECONOMY RIGHT NOW. SMALL BUSINESSES IN WISCONSIN, SMALL BUSINESSES IN COLORADO AND ACROSS THE COUNTRY, ARE LOOKING FOR ACCESS TO CREDIT AT A PRICE THEY CAN AFFORD TO PAY. AND RIGHT NOW OUR COMMUNITY BANKS ARE UNABLE TO LEND. NOT BECAUSE OF THEIR OWN ACTIVITY, BUT BECAUSE THE BAD JUDGMENT OF BIG BANKS ON WALL STREET. MAIN STREET COMMUNITY BANKS AND MAIN STREET SMALL BUSINESSES SHOULD NOT HAVE TO CONTINUE TO PAY FOR THE MISTAKES OF WALL STREET. THE PERLMUTTER AMENDMENT WOULD ALLOW COMMUNITY BANKS UNDER $10 BILLION OF ASSETS TO AMORTIZE POTENTIAL LOSSES OVER SIX YEARS AND UP TO 10 YEARS IF THEY INCREASE THEIR LENDING TO SMALL BUSINESSES. WE GET IT. WE UNDERSTAND THAT SMALL BUSINESSES ARE THE ECONOMIC ENGINES OF THIS COUNTRY. IT'S TIME TO GIVE SMALL BUSINESS THE OPPORTUNITY TO GROW OUR ECONOMY AND THE JOBS WE NEED TO WORK OUR WAY BACK INTO PROSPERITY. I WOULD URGE A STRONG YES VOTE ON THIS AMENDMENT. YIELD BACK.

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  • 11:56:39 AM

    MR. PERLMUTTER

    YOU. THE POINT HERE IS SMALLER BANKS, REGIONAL BANKS, NOT BANKS ON WALL…

    YOU. THE POINT HERE IS SMALLER BANKS, REGIONAL BANKS, NOT BANKS ON WALL STREET DID NOT CREATE THE CREDIT AND LENDING MESS THAT EXISTS TODAY. SMALL BUSINESSES DIDN'T CREATE THE MESS THAT WE SEE. AND IT IS SMALL BUSINESS THAT EMPLOYS SO MANY PEOPLE AND WE'VE GOT TO GET FOLKS BACK TO WORK. SO THE AMENDMENT ALLOWS FOR A BANK TO WRITE, TAKE A LOSS, AND SPREAD IT OVER A PERIOD OF TIME SO THEY CAN WEATHER THIS STORM UNTIL WE GET BACK TO GOOD FINANCIAL FOOTING IN THIS COUNTRY. IT IS SOMETHING THAT IS NECESSARY. IT WILL ASSIST WITH THE AVAILABILITY OF CREDIT TODAY, AND DOESN'T COST THE TAXPAYER ANY MONEY. SOMETHING LIKE THIS WAS USED IN THE 1980'S TO ASSIST THE AGRICULTURAL BANKS. AND IT WORKED AT THAT TIME. IT WILL WORK TODAY. WITH THAT I URGE AN AYE VOTE ON AMENDMENT NUMBER 5 AND YIELD BACK THE BALANCE OF MY TIME.

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  • 11:57:44 AM

    THE CHAIR

    GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE QUESTION IS ON THE…

    GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE QUESTION IS ON THE AMENDMENT OFFERED BY THE GENTLEMAN FROM COLORADO, MR. PERLMUTTER. SO MANY AS ARE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, THE AYES HAVE IT. THE AMENDMENT IS AGREED TO. IT IS NOW IN ORDER TO CONSIDER AMENDMENT NUMBER 6 PRINTED IN PART C OF HOUSE REPORT 111-506. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM GEORGIA SEEK RECOGNITION?

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  • 11:58:29 AM

    >>

    AT THE DESK MADE IN ORDER UNDER THE RULE.

  • 11:58:32 AM

    THE CHAIR

    THE CLERK WILL DESIGNATE THE AMENDMENT.

  • 11:58:34 AM

    THE CLERK

    NUMBER 6 PRINTED IN PART C OF HOUSE REPORT NUMBER 111-506, OFFERED BY MR.…

    NUMBER 6 PRINTED IN PART C OF HOUSE REPORT NUMBER 111-506, OFFERED BY MR. PRICE OF GEORGIA.

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  • 11:58:44 AM

    THE CHAIR

    PURSUANT TO HOUSE RESOLUTION 1436, THE GENTLEMAN FROM GEORGIA, MR. PRICE,…

    PURSUANT TO HOUSE RESOLUTION 1436, THE GENTLEMAN FROM GEORGIA, MR. PRICE, AND A MEMBER OPPOSED, EACH WILL HAVE FIVE MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM GEORGIA.

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  • 11:58:56 AM

    MR. PRICE

    MADAM CHAIR. I WANT TO THANK THE CHAIRMAN OF THE COMMITTEE AND RANKING…

    MADAM CHAIR. I WANT TO THANK THE CHAIRMAN OF THE COMMITTEE AND RANKING MEMBER FOR WORKING WITH ME ON THIS AMENDMENT. ALTHOUGH AS THEY KNOW I AM OPPOSED TO THE UNDERLYING BILL THIS AMENDMENT IS EXTREMELY IMPORTANT TO HIGHLIGHT THE SERIOUS PROBLEM OF MIXED MESSAGES THAT FINANCIAL REGULATORS ARE SENDING TO OUR COMMUNITY BANKS. AND I APPRECIATE THE SUPPORT OF THE CHAIRMAN ON THIS AMENDMENT. BANKS IN GEORGIA EMPLOY ALMOST 450,000 PEOPLE AND HOLD $276 BILLION IN ASSETS. MOST OF THESE BANKS ARE COMMUNITY INSTITUTIONS WHICH WERE NEAR BISTAVENERS TO THE FINANCIAL AND LECH BIDITY CRISIS OF THE LAST TWO YEARS. LATE LAST WEEK THE TREASURY DEPARTMENT REPORTED THAT TARP WILL COST LESS THAN THEY ORIGINALLY ESTIMATED. TREASURY EXPECTS TO SPEND LESS THAN THE $550 OF THE $700 BILLION AUTHORIZED. REGRETTABLY THIS BIG DOES NOT FACTOR IN -- DOES NOT FACTOR IN THE BAILOUTS OF FANNIE MAE AND A.I.G. BUT EVEN THOUGH THIS IS A REVOLVING TAXPAYER BAILOUT FUND. MEANING THERE IS $550 BILLION THE ADMINISTRATION AND LEADERSHIP COULD PUT TOWARD SMALL BUSINESS LENDING. HOWEVER THE ADMINISTRATION CHOSE NOT TO DO THIS AND INSTEAD WANTS CONGRESS TO APPROPRIATE ANOTHER $33 BILLION OF TAXPAYER MONEY. THAT'S RIGHT. ANOTHER $33 BILLION. CERTAINLY SMALL BUSINESS LENDING IS A PRIORITY FOR BANKS AND BUSINESSES. HOWEVER THIS BILL DOESN'T ADDRESS THE UNDERLYING CAUSES OF CONTRACTION IN LENDING. BUT INVESTS MUCH MORE IN A FAILED REGULATORY AGENTCY. UNFORTUNATELY THE MIXED MESSAGES BEING SENT BY FAILED BANK REGULATORS WILL NOT BE FIXED. INSTEAD OF MAKING THE FDIC AND OTHER REGULATORS SEND A CLEAR AND CONSISTENT MESSAGE TO OUR NATION'S BANKS, THIS CONGRESS FEELS THROWING MORE MONEY AT THE PROBLEM WILL FIX IT. IN FEBRUARY, BANK REGULATORS BOTH STATE AND FEDERAL, ISSUED A JOINT STATEMENT PROVIDING GUIDANCE TO BANKS AND TO CREDIT UNIONS, ENCOURAGING THEM TO MAKE LOANS TO CREDITWORTHY SMALL BUSINESS BORROWERS. THE REGULATORS DESCRIBED THE GUIDANCE AS INTENDED TO QUOTE, EMPHASIZE THE FINANCIAL INSTITUTIONS ENGAGING IN PRUDE INTERSMALL BUSINESS LENDING AFTER PERFORMANCE -- PRUDENT SMALL BUSINESS LENDING AFTER PERFORMING A REVIEW OF THE BORROWER'S FINANCIAL CONDITION -- HOWEVER REPORTS FROM THE FIELD SHOW A MUCH DIFFERENT PICTURE. I HEAR FROM BANKERS IN MY DISTRICT AND ACROSS OUR STATE THAT THERE IS CAPITAL TO LEND. HOWEVER I ALSO HEAR FROM THOSE SAME BANKS THAT THEY ARE NERVOUS AND ANXIOUS ABOUT THE UNPREDICTIBLE REGULATORS' RESPONSE AND SCRUTINY OF THEIR REGULATORY CAPITAL RISHOS AND LOAN REQUIREMENTS. . FOR MANY BANKS IT'S EASIER AND BETTER TO RIDE OUT THE STORM BY HOARDING THEIR CASH THAN TO JUSTIFY EVERY PENNY THEY LEND TO THE REGULATORS, POSSIBLY RISKING THEIR CAPITALIZED STANDING. BANKS CANNOT HOLD CAPITAL FOR REGULATORY COMPLIANCE AND COMPLY WITH REGULATORS' INSTRUCTIONS TO LEND AT THE SAME TIME. THEY'RE MUTUALLY EXCLUSIVE. MY AMENDMENT STATES THAT THESE MIXED MESSAGES SENT BY THE REGULATORS ARE A VERY SERIOUS PROBLEM AND A CAUSE OF THE CONTRACTION IN SMALL BUSINESS LENDING AND OUR DE-- AND ARE DESTRUCTIVE TO COMMUNITYS. IN ORDER TO HIGHLIGHT THIS, I URGE ADOPTION OF THE AMENDMENT AND RESERVE THE BALANCE OF MY TIME.

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  • 12:02:20 PM

    THE CHAIR

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. FOR WHAT PURPOSE DOES THE…

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM ILLINOIS RISE?

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  • 12:02:25 PM

    MS. BEAN

    I CLAIM TIME IN OPPOSITION, EVEN THOUGH I'M NOT OPPOSED.

  • 12:02:28 PM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION, THE GENTLEWOMAN --

  • 12:02:30 PM

    THE CHAIR

    WITHOUT OBJECTION, THE GENTLEWOMAN IS RECOGNIZED.

  • 12:02:32 PM

    MS. BEAN

    I YIELD MYSELF AS MUCH TIME AS I MAY CONSUME. I WANT TO ACKNOWLEDGE…

    I YIELD MYSELF AS MUCH TIME AS I MAY CONSUME. I WANT TO ACKNOWLEDGE CONGRESSMAN PRICE'S AMENDMENT AND ITS RECOGNITION OF THE CHALLENGES FACIIG NOT ONLY COMMUNITY BUSINESSES SEEKING LOANS BUT THE COMMUNITY BANKSERS THAT ARE TRYING TO PROVIDE THEM -- BANKERS THAT ARE TRYING TO PROVIDE THEM. HIS AMENDMENT RECOGNIZES THE MIXED MESSAGES BETWEEN REGULATORS URGING MORE LENDING WHILE REGULATORS AND EXAMINERS ARE OFTEN URGING LESS, PARTICULARLY IN THE AREA OF COMMERCIAL REAL ESTATE. THAT'S WHY I HAVE A BILL THAT ADDRESSES BOTH PRIORITIES, BY EXPANDING THE SBA 504 PROGRAM TO ALLOW BANKS TO LEND TO SMALL BUSINESSES FOR OWNER-OCCUPIED PROPERTIES WHILE EASING THE EXPOSURE ON THEIR BANK'S BALANCE SHEET WITH INVESTMENTS FROM THE C.B.C.'S. I ALSO WANT TO ACKNOWLEDGE THAT THIS AMENDMENT RECOGNIZES THE CREDIT CRISIS THAT'S CHALLENGING OUR COUNTRY AND OUR SMALL BUSINESSES PARTICULARLY, WHICH IS THE POINT OF THIS UNDERLYING BILL AND I HOPE MY COLLEAGUE WILL SUPPORT THE UNDERLYING BILL AS IT ADDRESSES THOSE CREDIT CHALLENGES. THANK YOU AND I YIELD BACK.

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  • 12:03:31 PM

    THE CHAIR

    THE GENTLEWOMAN YIELDS BACK. THE GENTLEMAN FROM GEORGIA.

  • 12:03:35 PM

    MR. PRICE

    I THANK THE CHAIR AND I THANK THE GENTLELADY FROM FOR HER -- THE GENTLEMAN…

    I THANK THE CHAIR AND I THANK THE GENTLELADY FROM FOR HER -- THE GENTLEMAN THE GENTLELADY FOR HER SUPPORT OF THE AMENDMENT AND WOULD POINT OUT ONCE AGAIN THE MIXED MESSAGES THAT ARE BEING RECEIVED BY OUR COMMUNITY BANKS. I'D ALSO LIKE TO POINT OUT THAT THE AMOUNT OF MONEY LEFT AVAILABLE IN TARP RIGHT NOW COULD EASILY COVER THE INTENT OF THIS BILL. HOWEVER, THIS BILL HAS IN IT AN EXTRA $33 BILLION. $33 BILLION, MADAM CHAIR, THAT FRANKLY WE DO NOT HAVE AS A NATION. WE'LL PUT IT ON THE BACKS OF OUR KIDS AND BORROW IT FROM OTHER NATIONS, WHEN WE COULD BE UTILIZING MONEY THAT'S ALREADY BEEN APPROPRIATED FOR THE SAME POSITIVE PURPOSE. I URGE ADOPTION OF THE AMENDMENT AND YIELD BACK THE BALANCE OF MY TIME.

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  • 12:04:17 PM

    THE CHAIR

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE QUESTION IS ON THE…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE QUESTION IS ON THE AMENDMENT OFFERED BY THE GENTLEMAN FROM GEORGIA, MR. PRICE. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. ALL IN FAVOR. OPPOSED. IN THE OPINION OF THE CHAIR, THE AYES HAVE IT. THE AMENDMENT IS AGREED TO. IT IS NOW IN ORDER TO CONSIDER AMENDMENT NUMBER 7 PRINTED IN PART C OF HOUSE REPORT 111-506. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM TEXAS SEEK RECOGNITION?

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  • 12:04:53 PM

    MR. GREEN

    MADAM CHAIR, I HAVE AN AMENDMENT AT THE DESK.

  • 12:04:55 PM

    THE CHAIR

    THE CLERK WILL DESIGNATE THE AMENDMENT.

  • 12:04:57 PM

    THE CLERK

    AMENDMENT NUMBER 7 PRINTED IN PART C OF HOUSE REPORT NUMBER 111-506…

    AMENDMENT NUMBER 7 PRINTED IN PART C OF HOUSE REPORT NUMBER 111-506 OFFERED BY MR. AL GREEN OF TEXAS.

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  • 12:05:05 PM

    THE CHAIR

    PURSUANT TO HOUSE RESOLUTION 1436, THE GENTLEMAN FROM TEXAS, MR. GREEN,…

    PURSUANT TO HOUSE RESOLUTION 1436, THE GENTLEMAN FROM TEXAS, MR. GREEN, AND A MEMBER OPPOSED EACH HAVE -- EACH WILL CONTROL FIVE MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM TEXAS.

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  • 12:05:18 PM

    MR. GREEN

    MADAM CHAIR. I'D LIKE TO YIELD MYSELF THREE MINUTES AT THIS TIME. MADAM…

    MADAM CHAIR. I'D LIKE TO YIELD MYSELF THREE MINUTES AT THIS TIME. MADAM CHAIR, THIS IS AN IMPORTANT AMENDMENT. THIS AMENDMENT WILL NOT BE A PERFECT AMENDMENT WITH REFERENCE TO WHAT IT SEEKS TO DO BUT IT IS A PERFECTING AMENDMENT. THIS AMENDMENT SEEKS TO PROVIDE THE CLOSURE AND ENHANCE ACCOUNTABILITY. AND I'D LIKE TO MAKE IT KNOWN THAT THIS AMENDMENT RECEIVED A LOT OF HELP AND INPUT FROM THE OFFICE OF CONGRESSMAN HENSARLING AND I THANK HIM FOR WHAT HE HAS DONE. THIS AMENDMENT WOULD PROVIDE THAT AN INSTITUTION ENGAGED IN THE LENDING PROCESS WITH THE FUNDS FROM THE PROGRAM, THAT THIS INSTITUTION WILL ON APPLICABLE LOAN DOCUMENTS INDICATE THAT THE FUNDS BEING LOANED ARE FUNDS THAT ARE COMING FROM THE FUND. THIS IS IMPORTANT BECAUSE THE PUBLIC DESIRES TO KNOW WHERE THE MONEY IS GOING, HOW IT'S BEING UTILIZED. THIS AMENDMENT WOULD ALSO REQUIRE, IF THE INSTITUTION HAS A WEBSITE, IT WOULD REQUIRE THAT THAT WEBSITE CONTAIN THE WRITTEN REPORT OF THE TREASURY SECRETARY. THESE REPORTS WOULD INDICATE TO THE EXTENT THAT LOANS HAVE BEEN MADE, HOW THE MONEY HAS BEEN UTILIZED AND THIS AGAIN WOULD PROVIDE ADDITIONAL TRANSPARENCY WHICH WILL LEAD TO ACCOUNTABILITY. FINALLY THE AMENDMENT WILL REQUIRE LENDING INSTITUTIONS TO MAKE KNOWN TO CAPABLE, COMPETENT AND QUALIFIED BORROWERS THAT THEY WILL HAVE THE OPPORTUNITY TO PARTICIPATE IN THE PROGRAM BY WAY OF RECEIVING LOANS AND THAT THESE LOANS MUST BE BASED UPON THE LAW AS IT IS WRITTEN AND NOT ALLOW ANY TYPE OF DISCRIMINATION TO INFILTRATE THE PROGRAM. I THINK THIS IS AN AMENDMENT THAT GOES A LONG WAY TOWARD HELPING US IMPROVE OUR TRANSPARENCY AND ACCOUNTABILITY, IT'S NOT A PERFECT AMENDMENT BUT IT IS A PERFECTING AMENDMENT. I YIELD BACK -- I RESERVE THE BALANCE OF MY TIME.

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  • 12:07:22 PM

    THE CHAIR

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. FOR WHAT PURPOSE DOES THE…

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM TEXAS RISE?

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  • 12:07:31 PM

    >>

    I CLAIM TIME IN OPPOSITION, ALTHOUGH I DON'T THINK I'M GOING TO OPPOSE THE…

    I CLAIM TIME IN OPPOSITION, ALTHOUGH I DON'T THINK I'M GOING TO OPPOSE THE AMENDMENT.

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  • 12:07:36 PM

    THE CHAIR

    OBJECTION, THE GENTLEMAN IS RECOGNIZED.

  • 12:07:41 PM

    MR. NEUGEBAUER

    TO CLARIFY SOMETHING THAT THE GENTLEMAN SAID. I UNDERSTAND THAT THE BANK…

    TO CLARIFY SOMETHING THAT THE GENTLEMAN SAID. I UNDERSTAND THAT THE BANK WILL DISCLOSE TO THE BORROWER THAT THEY ARE LOANING THEM FUNDS BECAUSE THEY ARE PARTICIPATING UNDER THIS PROGRAM. AND THEN THE GENTLEMAN WENT ON TO SAY THAT THE TREASURY WOULD THEN POST A REPORT ON THEIR WEBSITE. NOW, WILL THAT LIST THE NAMES OF THE BORROWERS -- WILL THE TREASURY REPORT ON THEIR WEBSITE LIST THE NAMES OF EACH BORROWER THAT BORROWED MONEY UNDER THIS PROGRAM?

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  • 12:08:12 PM

    MR. GREEN

    IF THE GENTLEMAN YIELDS TO ME. THANK YOU. IT WILL INDICATE WHAT…

    IF THE GENTLEMAN YIELDS TO ME. THANK YOU. IT WILL INDICATE WHAT TRANSACTIONS TOOK PLACE AND IT WILL INDICATE WHO THE BANKS, THE LENDING INSTITUTIONS, THAT ENGAGED IN THE TRANSACTION, THE BORROWER'S NAME WOULD NOT BE A PART OF THE INFORMATION.

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  • 12:08:32 PM

    MR. NEUGEBAUER

    I THANK THE GENTLEMAN BECAUSE I WAS CONCERNED ABOUT THE PRIVACY OF THOSE…

    I THANK THE GENTLEMAN BECAUSE I WAS CONCERNED ABOUT THE PRIVACY OF THOSE BUSINESS OWNERS, YOU KNOW, LETTING THE WORLD KNOW HOW MUCH MONEY THEY'RE BORROWING. I'M NOT OPPOSED TO THE GENTLEMAN'S AMENDMENT. I THINK DISCLOSURE IS A GOOD THING. I JUST WANT TO MAKE A POINT THAT THERE HAVE BEEN SEVERAL DISCUSSIONS UP HERE TODAY, IT'S NOT GOING TO COST THE TAXPAYERS ANY MONEY. ONLY WASHINGTON, D.C., CAN YOU GO SPEND $33 BILLION AND SAY IT'S NOT GOING TO COST ANYTHING. THE PROBLEM IS IF THIS PROGRAM IS PARTICIPATED UP TO $33 BILLION, WE DON'T HAVE $33 BILLION. AND SO WE'RE GOING TO GO HAVE TO BORROW $33 BILLION FROM THE CHINESE TO LOAN BANKS TO LOAN TO SMALL BUSINESSES IN THIS COUNTRY. AND A LOT OF FOLKS, I THINK, UNDERSTAND THAT KIND OF HOW WE GOT HERE WAS THAT THE WHOLE WORLD, SMALL BUSINESSES, INDIVIDUALS AND GOVERNMENTS, HAVE BEEN ON THIS BORROWING AND SPENDING BINGE, BORROW AND SPEND, BORROW AND SPEND, AND QUITE HONESTLY THAT'S HOW WE WOVE THIS WEB WHERE WE ARE OUR FINANCIAL MARKETS IN SOMEWHAT OF A WRINKLE RIGHT NOW. AND WHILE I APPLAUD THE GENTLEMAN'S AMENDMENT, I STILL GO BACK TO THE FUNDAMENTAL POINT HERE THAT, ONE, THIS BILL WILL NOT HELP SMALL BUSINESSES HAVE ANY ADDITIONAL CAPITAL, BUT MORE IMPORTANTLY WE ARE GOING TO GO SPEND $33 BILLION THAT WE DON'T HAVE AND I DON'T THINK THAT'S THE RIGHT PRESCRIPTION FOR OUR COUNTRY. WITH THAT I RESERVE MY TIME.

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  • 12:10:08 PM

    THE CHAIR

    THE GENTLEMAN RESERVES.

  • 12:10:11 PM

    MR. GREEN

    THANK YOU, MADAM CHAIR. LET ME SIMPLY SAY IN RESPONSE THAT THE BILL…

    THANK YOU, MADAM CHAIR. LET ME SIMPLY SAY IN RESPONSE THAT THE BILL ANTICIPATES THAT LOANS WILL BE REPAID. IF NOT -- IT'S NOT A CIRCUMSTANCE WHERE PERSONS ARE GOING TO RECEIVE OR BUSINESSES WILL RECEIVE LOANS THAT ARE NOT GOING TO BE PAID. AND THE BILL CAUSES BANKS AND LENDING INSTITUTIONS TO MAKE THE LOANS BECAUSE THEY WILL RECEIVE A BETTER INTEREST RATE UPON MAKING LOANS SUCH THAT THEY ARE INCENTIVIZED TO MAKE THESE LOANS. SO WHILE THE BILL WILL NOT CURE ALL OF THE ILLS OF SOCIETY, ALL OF THE ILLS THAT WE HAVE, IT CERTAINLY WILL GO A LONG WAY TOWARD STIMULATING SMALL BUSINESS LENDING WHICH IS IMPORTANT TO THE ECONOMIC RECOVERY. I BELIEVE IN THIS BILL. I BELIEVE THAT THIS AMENDMENT WILL HELP WITH TRANSPARENCY AND ACCOUNTABILITY. AND I ALSO BELIEVE THAT IT IS TIME FOR US TO DO ALL THAT WE CAN TO HELP THE SMALL BUSINESSES IN THIS COUNTRY. I BELIEVE THAT THIS IS SOMETHING WE CAN DO AND I BELIEVE THAT IT IS SOMETHING THAT WILL MAKE A DIFFERENCE. I RESERVE THE BALANCE OF MY TIME.

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  • 12:11:15 PM

    THE CHAIR

    THE GENTLEMAN RESERVES. THE GENTLEMAN FROM TEXAS.

  • 12:11:18 PM

    MR. NEUGEBAUER

    I APPRECIATE THE GENTLEMAN. I STILL GO BACK TO THE POINT AND I THINK…

    I APPRECIATE THE GENTLEMAN. I STILL GO BACK TO THE POINT AND I THINK THAT'S WHERE WE GET KIND OF IN A -- WE LIVE IN WALLY WORLD HERE IN WASHINGTON, D.C., WHERE YOU STILL HAVE TO HAVE $33 BILLION IF YOU'RE GOING TO GO LOAN -- OR INVEST IN THE PREFERRED SHARES OF THESE BANKS, YOU STILL GOT TO FIND THE $33 BILLION. AND THE TRUTH OF THE MATTER IS, FOR EVERY DOLLAR WE'RE GOING TO APPROPRIATE OR ALLOCATE IN THIS COUNTRY THIS YEAR, WE'RE GOING TO HAVE TO GO BORROW 42 CENTS OF IT. SO I JUST GUESS THE QUESTION -- BEGS THE QUESTION, SHOULD WE GO OUT AND HAWK ANOTHER $33 BILLION FOR A PROGRAM THAT MANY PEOPLE THINK THAT THERE'S ADEQUATE CAPITAL AND LIQUIDITY ALREADY IN THE BANKING INDUSTRY? SOME PEOPLE HAVE QUOTED AS SAYING, WELL, 42% OF THE SMALL BUSINESSES HAVE BEEN TURNED DOWN FOR LOANS IN THIS COUNTRY. WELL, YOU KNOW, I WAS IN THE LOAN BUSINESS AND EVERYBODY THAT CAME INTO MY -- TO BORROW MONEY FROM ME WHEN I WAS A LOAN OFFICER WASN'T CREDIT WORTHY OR IT WASN'T IN THEIR BEST INTEREST TO LEVERAGE THEIR BUSINESS FURTHER. AND SO I'M AFRAID THAT WE'RE OUT HERE TRYING TO ENCOURAGE BEHAVIOR THAT THE MARKETPLACE MAYBE ALREADY TAKING CARE OF. MY GOOD FRIEND FROM GEORGIA DID MAKE A POINT, THE REGULATORY FOLKS ARE SENDING MIXED MESSAGES. I THINK THAT'S A BAD POLICY. I THINK THE REGULATORS NEED TO BE MORE CONSISTENT WITH THEIR POLICY. AGAIN, BRINGING THAT CERTAINTY. BECAUSE WHAT WE'VE HEARD TIME AND TIME AGAIN, WHETHER IT'S FROM THE BUSINESS COMMUNITY OR LENDING COMMUNITY, ALL THIS UNCERTAINTY ABOUT WHAT CONGRESS IS DOING AND THE REGULATORY REFORMS THAT ARE GOING ON, ALL OF THIS IS CREATING A HUGE AMOUNT OF UNCERTAINTY AND SO WHAT HAPPENS WHEN WE HAVE UNCERTAINTY IN THE MARKETPLACE? PEOPLE JUST SIT ON THE SIDELINES. IF YOU WANT TO GET BUSINESSES GOING AGAIN, IF YOU WANT TO GET THE ECONOMY GOING AGAIN, WE GOT TO GET THE GOVERNMENT OUT OF THE BANKING BUSINESS, WE GOT TO GET THE GOVERNMENT OUT OF ALL OF THESE HUGE REGULATIONS, WE'VE GOT TO BRING ECONOMIC CERTAINTY BY NOT IMPOSING MORE RESTRICTIONS ON COMPANIES, ON THEIR HEALTH CARE, CAP AND TRADE, AFFECTING WHAT THEY POTENTIALLY ARE GOING TO PAY FOR ENERGY IN THE FUTURE, UNCERTAINTY WITH OUR TAX CODE, WHERE WE DON'T KNOW WHAT PROVISIONS ARE GOING TO EXPIRE, WHAT PROVISIONS AREN'T. IT WOULD BE NICE FOR THE AMERICAN PEOPLE TO GET TO SEE A BUDGET OF HOW CONGRESS IS GOING, PLANNING TO SPEND THEIR MONEY, INSTEAD OF GOING THROUGH A DAY -- A MONTH, A WEEKLY EXERCISE OF SPENDING MONEY WITHOUT A BUDGET. THE AMERICAN PEOPLE DON'T DO THEIR BUSINESS THAT WAY. THEY'RE A LITTLE BIT CONCERNED THAT THE UNITED STATES CONGRESS JUST KEEPS ON SPENDING MONEY BUT WITHOUT A BUDGET. SO WITH THAT I YIELD BACK MY TIME AND --

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  • 12:13:57 PM

    THE CHAIR

    THE GENTLEMAN'S TIME HAS EXPIRED. THE GENTLEMAN FROM TEXAS.

  • 12:14:00 PM

    MR. GREEN

    I THANK YOU. I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

  • 12:14:04 PM

    THE CHAIR

    THE GENTLEMAN IS RECOGNIZED.

  • 12:14:06 PM

    MR. GREEN

    WHILE I APPRECIATE THE GENTLEMAN FROM TEXAS, HIS DESIRE TO MAKE SURE THAT…

    WHILE I APPRECIATE THE GENTLEMAN FROM TEXAS, HIS DESIRE TO MAKE SURE THAT BUDGETS ARE BALANCED AND TO MAKE SURE THAT WE HAVE ACCOUNTABILITY AND TRANSPARENCY, I DO HAVE TO REMIND THE GENTLEMAN THAT THE DESIRE AND THE NEED TO BALANCE THE BUDGET DID NOT START THIS YEAR, NOR DID IT START LAST YEAR. WE SHOULD HAVE HAD IT BALANCED -- HAVE HAD A BALANCED BUDGET FOR THE EIGHT YEARS OF THE PRIOR ADMINISTRATION. AND I THINK THAT YOU FIND THIS ADMINISTRATION BURDENED WITH THE PROBLEM THAT WAS CREATE DRN -- THAT WERE CREATED BY PAST ADMINISTRATIONS. I BELIEVE THAT IN AN EFFORT TO CORRECT THESE PROBLEMS WE WILL HAVE TO TAKE SOME NECESSARY STEPS TOWARD HELPING SMALL BUSINESS. I HEAR MY COLLEAGUES ON THE OTHER SIDE QUITE REGULARLY CONTENDING THAT SMALL BUSINESS NEEDS HELP. THIS IS HELP AND MY TRUST AND MY HOPE AND MY LEAF LEAF -- BELIEF IS THAT THE SMALL BUSINESS HELP WILL BE SUPPORTED BY NOT ONLY THIS SIDE OF THE AISLE BUT BY BOTH SIDES OF THE AISLE. I YIELD BACK THE BALANCE OF MY TIME.

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  • 12:15:10 PM

    THE CHAIR

    YIELDS BACK THE BALANCE OF HIS TIME. THE QUESTION IS ON THE AMENDMENT…

    YIELDS BACK THE BALANCE OF HIS TIME. THE QUESTION IS ON THE AMENDMENT OFFERED BY THE GENTLEMAN FROM TEXAS, MR. GREEN. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, THE AYES HAVE IT. THE AMENDMENT IS AGREED TO. . IT IS NOW IN ORDER TO CONSIDER AMENDMENT NUMBER 8 PRINTED IN HOUSE REPORT NUMBER 111-50 OF. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM OHIO SEEK RECOGNITION?

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  • 12:15:37 PM

    MR. DRIEHAUS

    HAVE AN AMENDMENT AT THE DESK.

  • 12:15:39 PM

    THE CHAIR

    THE CLERK WILL DESIGNATE THE AMENDMENT.

  • 12:15:41 PM

    THE CLERK

    PRINTED IN PART C OF HOUSE REPORT NUMBER 111-506, OFFERED BY MR. DRIEHAUS…

    PRINTED IN PART C OF HOUSE REPORT NUMBER 111-506, OFFERED BY MR. DRIEHAUS OF OHIO.

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  • 12:15:48 PM

    THE CHAIR

    PURSUANT TO HOUSE RESOLUTION 1436, THE GENTLEMAN FROM OHIO, MR. DRIEHAUS,…

    PURSUANT TO HOUSE RESOLUTION 1436, THE GENTLEMAN FROM OHIO, MR. DRIEHAUS, AND A MEMBER OPPOSED, EACH WILL CONTROL FIVE MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM OHIO.

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  • 12:16:01 PM

    MR. DRIEHAUS

    MADAM CHAIR. I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

  • 12:16:07 PM

    MR. DRIEHAUS

    MADAM CHAIR. WE KNOW THAT SMALL BUSINESSES ACCOUNT FOR THE MAJORITY OF NEW…

    MADAM CHAIR. WE KNOW THAT SMALL BUSINESSES ACCOUNT FOR THE MAJORITY OF NEW JOBS CREATED IN THIS COUNTRY. AND WE KNOW THAT MAKING IT EASIER FOR SMALL BUSINESSES TO BORROW IS ESSENTIAL TO OUR CONTINUED ECONOMIC RECOVERY. THIS LEGISLATION WILL HELP SMALL BUSINESSES ACCESS THE CREDIT THEY NEED TO CREATE THE JOBS THAT WILL MOVE OUR ECONOMY FORWARD. BUT WE NEED TO PROVIDE STRONG OVERSIGHT TO ENSURE THAT THESE LOANS ARE BEING PUT TO USE WHERE THEY ARE MOST EFFECTIVE. AND PUT TO USE IN A WAY THAT'S RESPONSIBLE TO THE AMERICAN TAXPAYER. THE AMENDMENT I HAVE OFFERED WITH MY COLLEAGUES FROM VIRGINIA AND KANSAS WILL ESTABLISH THE OFFICE OF SMALL BUSINESS LENDING FUND OVERSIGHT UNDER THE AUTHORITY OF THE TREASURY INSPECTOR GENERAL. THE SPECIAL DEPUTY INSPECTOR GENERAL OF THE OVERSIGHT OFFICE WILL BE REQUIRED TO MONITOR THE SMALL BUSINESS LOAN FUND AND REPORT TO CONGRESS AT LEAST TWICE A YEAR WITH RECOMMENDATIONS FOR IMPROVING THE PROGRAM. THIS AMENDMENT IS ABOUT GOOD GOVERNMENT. IT PLAYS NO ADDITIONAL BURDENS ON BANKS OR SMALL BUSINESSES. INSTEAD IT MAKES A GOOD BILL BETTER BY ENSURING ACCOUNTABILITY AND TRANSPARENCY TO THE AMERICAN PEOPLE. WE HAVE SEEN WHAT HAPPENS WHEN GOVERNMENT FAILS TO PROVIDE ADEQUATE PROTECTIONS WITH SPECIAL INTERESTS. NOW WE ARE TAKING STEPS TO MAKE UP FOR THE YEARS OF LAX OVERSIGHT AND NEGLECTED RESPONSIBILITY. MAKE NO MISTAKE. THIS BILL IS ABOUT CREATING JOBS. SMALL BUSINESS OWNERS TELL ME CONSTANTLY THAT THEY CAN BEGIN HIRING AGAIN IF ONLY THEY HAD ACCESS TO CREDIT AND CAPITAL. THIS LEGISLATION WILL ENCOURAGE BANKS TO LEND TO SMALL BUSINESSES AND MY AMENDMENT WILL HELP PROTECT TAXPAYERS IN THE PROCESS. THIS BILL WILL STRENGTHEN OUR ECONOMIC RECOVER QUI WITHOUT ADDING A DIME TO THE DEFICIT. I URGE MY COLLEAGUES TO SUPPORT THIS AMENDMENT AS WELL AS THE UNDERLYING LEGISLATION. I RESERVE THE BALANCE OF MY TIME.

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  • 12:17:46 PM

    THE CHAIR

    THE GENTLEMAN RESERVES. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM TEXAS…

    THE GENTLEMAN RESERVES. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM TEXAS RISE?

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  • 12:17:51 PM

    MR. NEUGEBAUER

    CLAIM TIME IN OPPOSITION TO THE BILL.

  • 12:17:59 PM

    MR. NEUGEBAUER

    NEW CAPITAL INJECTION PROGRAM IS DESIGNED TO OPERATE EXACTLY LIKE THE TARP…

    NEW CAPITAL INJECTION PROGRAM IS DESIGNED TO OPERATE EXACTLY LIKE THE TARP PROGRAM BUT WITHOUT ANY OF THE TAXPAYER PROTECTION OR OVERSIGHT. NOW THIS AMENDMENT IS INTENDED TO SUBSTITUTE FOR PUTTING THE EXPERIENCED INSPECTOR GENERAL FOR THIS TYPE OF PROGRAM IN CHARGE OF THIS NEW FUND. REPUBLICANS HAD AN AMENDMENT THAT PUT THE SPECIAL INSPECTOR GENERAL FOR TARP IN CHARGE OF THE OVERSIGHT OF THIS NEW FUND, BUT THE RULES COMMITTEE BLOCKED IT. REALLY THIS CREATES A NEW REGULATOR WHERE WE HAD AN EXISTING REGULATOR IN PLACE FOR TARP-LIKE PROGRAMS WHICH THIS IS. AND WE THINK THAT WAS A BETTER ALTERNATIVE AND NOW WE WANT TO PUT SOMEONE THAT DOESN'T HAVE AS MUCH EXPERIENCE WITH THIS TYPE OF PROGRAM IN CHARGE OF OVERSIGHT AND WE JUST DON'T THINK THAT'S IN THE BEST INTEREST OF THE TAXPAYERS. REPUBLICANS I WANT TO REMIND THE CHAIRMAN OFFERED A NUMBER OF AMENDMENTS THAT WOULD HAVE GIVE THE TAXPAYERS MUCH MORE PROTECTION EVEN IN THAN THIS AMENDMENT WOULD. UNFORTUNATELY, I DON'T WANT TO BE REDUNDANT HERE, BUT THE RULES COMMITTEE, WHICH IS CONTROLLED BY THE MAJORITY, ONLY ALLOWED ONE REPUBLICAN AMENDMENT TO BE HEARD WHILE WE HAVE HAD 16 AMENDMENTS FROM THE MAJORITY. AGAIN, WE WONDERED WHY REPUBLICAN AMENDMENTS TO PROVIDE BETTER PROTECTION, BETTER OVERSIGHT WERE BLOCKED BY THE MAJORITY WHEN I THINK THE AMERICAN PEOPLE THINK THAT ANY KIND OF AMENDMENT THAT WOULD PROVIDED THEM MORE OPPORTUNITY, MORE PROTECTION, AND MORE OVERSIGHT WOULD HAVE BEEN IN THEIR BEST INTEREST. AND SO WE DON'T THINK THAT THIS AMENDMENT DOES THE JOB THAT IT NEEDS TO DO. AND THEREFORE WE ARE OPPOSED TO IT. WITH THAT I RESERVE.

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  • 12:19:51 PM

    THE CHAIR

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM OHIO.

  • 12:19:55 PM

    MR. DRIEHAUS

    CHAIR, I WOULD JUST COMMENT ON THE GENTLEMAN'S COMMENTS. YES, THOSE…

    CHAIR, I WOULD JUST COMMENT ON THE GENTLEMAN'S COMMENTS. YES, THOSE AMENDMENTS WERE OFFERED. AS YOU KNOW NOT A DIME OF TARP MONEY IS BEING USED IN THIS BILL. IT'S NOT APPROPRIATE FOR SIG TARP TO HAVE THE OVERSIGHT. MR. AUTHORSON WHO WILL HAVE THE OVERSIGHT HAS INCREDIBLE EXPERIENCE OVERSEEING SMALL BUSINESS PROGRAMS. BEFORE BECOMING THE INSPECTOR GENERAL OF THE TREASURY DEPARTMENT, HE SERVED AS THE INSPECTOR GENERAL FOR SMALL BUSINESS ADMINISTRATION FROM 2006 TO 2008. IN THAT SHORT TIME HIS OFFICE UNCOVERED WHAT IS BELIEVED TO BE THE LARGEST GOVERNMENT-BACKED LOAN FRAUD SCHEME IN HISTORY. AND AS A RESULT OF THAT INVESTIGATION, THEY ARRESTED 52 PEOPLE IN ONE DAY. THAT'S OVERSIGHT. AND SO WHILE THE GENTLEMAN IS ASKING FOR SIG TARP TO HAVE OVERSIGHT, DESPITE THE FACT THAT NOT A DIME OF TARP IS BEING SPENT ON THIS BILL, WE HAVE OVERSIGHT THAT IS ADEQUATE, THAT IS STRONG, THAT'S CONTAINED IN TREASURY THAT SHOULD HAVE THE OVERSIGHT WITHIN THIS BILL. WITH THAT, MADAM CHAIR, I WOULD LIKE TO YIELD 30 SECOND TO MY COLLEAGUE FROM ILLINOIS, MS. BEAN.

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  • 12:20:56 PM

    THE CHAIR

    WITHOUT OBJECTION, THE THE GENTLEWOMAN FROM ILLINOIS IS RECOGNIZED.

  • 12:21:03 PM

    MS. BEAN

    DRIEHAUS' EFFORTS TO IMPROVE THE PROGRAM. THIS EXPANDS OVERSIGHT TO ENSURE…

    DRIEHAUS' EFFORTS TO IMPROVE THE PROGRAM. THIS EXPANDS OVERSIGHT TO ENSURE TAXPAYER DOLLARS ARE PROTECTED. I URGE MY COLLEAGUES TO ADOPT THE AMENDMENT. I FURTHER REBUT OUR COLLEAGUE FROM TEXAS' INACCURATE ASSERTION THAT THE PROGRAM IS NOT PAID FOR. THE GENTLEMAN KNOWS FULL WELL IT IS FULLY PAID FOR AND THAT ACCORDING TO THE C.B.O. THE GOVERNMENT WILL EARN A PROFIT. I YIELD BACK.

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  • 12:21:28 PM

    THE CHAIR

    HAS YIELDED BACK. THE GENTLEMAN FROM TEXAS. MR.

  • 12:21:36 PM

    MR. NEUGEBAUER

    TO THE GENTLEMAN THAT NONE OF THIS MONEY IS COMING FROM THE TARP PROGRAM.…

    TO THE GENTLEMAN THAT NONE OF THIS MONEY IS COMING FROM THE TARP PROGRAM. IT PROBABLY SHOULD HAVE BECAUSE IT'S A TARP PROGRAM. I WANT TO JUST REMIND THE GENTLEMAN THAT THE SPECIAL INSPECTOR GENERAL WHO OVERSEES TARP SAID IN TERMS OF ITS BASIC DESIGN ITS PARTICIPANTS, APPLICATION PROCESS FROM AN OVERSIGHT PERSPECTIVE THE SMALL BUSINESS LENDING FUND WOULD ESSENTIALLY BE AN EXTENSION OF TARP'S CAPITAL PURCHASE PROGRAM. FROM ELIZABETH WARREN, THE PROSPECTS ARE FAR FROM CERTAIN. THE SBLF ALSO RAISES QUESTIONS IN LIGHT OF THE CAPITAL PURCHASE PROGRAMS POOR PERFORMANCE IN IMPROVING CREDIT ACCESS, ANY CAPITAL INFUSION FOR THE PROGRAM CAN SUCCESSFULLY JUMP-START SMALL BUSINESS LENDING. EVERYBODY BUT THE DEMOCRATS UNDERSTAND THIS IS A TARP PROGRAM. WHY DID WE WANT SIG TARP TO BE OVERSIGHT? BECAUSE THIS IS A TARPLIKE PROGRAM. JUST TODAY RELEASED THEY HELPED BRING A NEW LAWSUIT TODAY FOR $1.9 BILLION WITH THE FAILURE OF COLONIAL BANK. COLONIAL BANK RECEIVED $553 MILLION IN TARP FUNDS. TO SAY THAT YOU'RE GOING TO GO OUT AND PUT $33 BILLION INTO THE MARKETPLACE AND NOT SUFFER ANY LOSSES AT A TIME WHEN WE HAVE OVER 100 BANKS THAT HAVE ALREADY MISSED ONE DIVIDEND PAYMENT. THAT WE HAVE HAD ONE BANK THAT'S MISSED SIX, AND THAT SEVERAL BILLION DOLLARS HAVE ALREADY BEEN LOST FROM SOME OF THESE BANKS THAT ARE -- THAT WERE DEFAULTED AND WERE CLOSED AFTER THE TAXPAYERS HAD PUT MONEY IN THERE. I GO BACK TO, YOU SAY, WELL, IT DOESN'T COST THE TAXPAYERS ANY MONEY. I KEEP ASKING THE MAJORITY, WHERE IS THE $33 BILLION FOR THIS PROGRAM COMING FROM? I YIELD TO THE GENTLEMAN.

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  • 12:23:28 PM

    MR. DRIEHAUS

    APPRECIATE YOU YIELDING BECAUSE I WOULD LIKE TO REPUT YOUR FIRST POINT…

    APPRECIATE YOU YIELDING BECAUSE I WOULD LIKE TO REPUT YOUR FIRST POINT ABOUT THE TARP. THERE'S NOT A DIME OF TARP MONEY GOING INTO THIS BILL. YOU ARE UNDERMINING THE AUTHORITY OR ATTEMPTING TO UNDERMINE THE AUTHORITY -- MR. NEUGEBAUER THE GENTLEMAN IS NOT GOING TO ANSWER MY QUESTION. WHERE IS THE $33 BILLION COMING FROM. IF THE GENTLEMAN WANTS TO ANSWER THAT QUESTION. I WOULD LOVE TO YIELD HIM TIME. IF HE'S NOT PREPARED TO TELL ME WHERE IT COMES FROM, I WILL NOT YIELD THE GENTLEMAN TIME.

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  • 12:23:58 PM

    MR. DRIEHAUS

    GENTLEMAN KNOWS WE DISPOSED OF THAT ISSUE YESTERDAY AN WE PAID FOR IT.

  • 12:24:03 PM

    MR. NEUGEBAUER

    PAY FOR WAS TO COVER ANY POTENTIAL LOSSES SUPPOSEDLY. BUTTWHERE IS THE $33…

    PAY FOR WAS TO COVER ANY POTENTIAL LOSSES SUPPOSEDLY. BUTTWHERE IS THE $33 BILLION THAT YOU ARE GOING TO INVEST --

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  • 12:24:12 PM

    MR. DRIEHAUS

    WITH ALL DUE RESPECT TO THE GENTLEMAN I KNOW THIS DOESN'T FIT INTO THE…

    WITH ALL DUE RESPECT TO THE GENTLEMAN I KNOW THIS DOESN'T FIT INTO THE POLITICAL FRAMEWORK OF THE REPUBLICANS TO SUGGEST THIS IS NOT TARP. THIS IS NOT ANOTHER BAILOUT.

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  • 12:24:21 PM

    MR. NEUGEBAUER

    THE GENTLEMAN OBVIOUSLY DOESN'T KNOW WHERE THE $33 BILLION IS COMING FROM…

    THE GENTLEMAN OBVIOUSLY DOESN'T KNOW WHERE THE $33 BILLION IS COMING FROM WHICH IS PART OF THE PROBLEM UP HERE. PEOPLE JUST THINK THIS MONEY APPEARS. WHEN YOU SAY I'M GOING TO PUT $ BILLION HERE, $250 BILLION HERE NOBODY KNOWS WHERE THE MONEY IS COMING FROM. THE BOTTOM LINE IS WE KNOW WHERE THE MONEY'S COMING FROM. WE ARE BORROWING THAT MONEY BECAUSE THE TREASURY --

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  • 12:24:42 PM

    THE CHAIR

    TIME HAS EXPIRED. THE GENTLEMAN FROM OHIO.

  • 12:24:47 PM

    MR. DRIEHAUS

    MADAM CHAIR. THE POLITICAL FRAMEWORK OF THE REPUBLICANS IS THEY WANT TO…

    MADAM CHAIR. THE POLITICAL FRAMEWORK OF THE REPUBLICANS IS THEY WANT TO CALL EVERYTHING A BAILOUT. WHEN IT'S NOT BAILOUT, THEY WANT TO ACT LIKE IT IS. THEY WANT TO CALL THIS TARP EVEN IF IT'S NOT. THE DEFINITION THEY WANT TO USE ON FOX NEWS AND ELSEWHERE, BUT THE FACT OF THE MATTER IS IT'S COMING OUT OF TREASURY. TREASURY DEOFF THE OVERSIGHT W THAT MADAM CHAIR, I YIELD A MINUTE AND A HALF TO THE GENTLEMAN FROM VIRGINIA, MR. CONNOLLY.

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  • 12:25:13 PM

    THE CHAIR

    WITHOUT OBJECTION, THE GENTLEMAN FROM VIRGINIA IS RECOGNIZED.

  • 12:25:16 PM

    MR. CONNOLLY

    MADAM CHAIRWOMAN. I THANK MY COLLEAGUE FROM OHIO FOR HIS LEADERSHIP AND MY…

    MADAM CHAIRWOMAN. I THANK MY COLLEAGUE FROM OHIO FOR HIS LEADERSHIP AND MY FRIEND FROM ILLINOIS FOR THE KIND WORDS. THE SMALL BUSINESS LENDING FUND ACT WILL EXPAND OPPORTUNITIES FOR SMALL BUSINESSES TO ACCESS CRITICALLY NEEDED CAPITAL TODAY. OUR AMENDMENT ENSURES THAT THE PROGRAM WORKS AS INTENDED. THAT AMERICA'S SMALL BUSINESSES RECEIVE ACCESS TO THAT CAPITAL AND THAT TAXPAYERS' LOANS ARE REPAID. THE LENDING FACILITY ENCOURAGINGS SMALL BUSINESS LOANS TO CREDITWORTHY COMPANIES WITH THE REPAID FUNDS AND INTEREST PAYMENTS GOING TO REDUCE THE DEFICIT THAT OUR %% FRIENDS ON THE OTHER SIDE SAY THEY ARE CONCERNED ABOUT. SMALL BUSINESSES WILL LEAD PRIVATE SECTOR JOB GROWTH IF THEY OBTAIN THE CAPITAL. THE OFFICE OF SMALL BUSINESS LENDING FUND PROGRAM OVERSIGHT WILL PROVIDE ACCOUNTABILITY AND ENHANCE THE EFFECTIVENESS OF THE LENDING FUND. HELPING TO SPUR ROBUST SMALL BUSINESS SECTOR. THEY HAVE A REPUTATION FOR SAFEGUARDING TAXPAYER FUNDS AS MY FRIEND FROM OHIO SAID. AND REVIEW OF THE OFFICE OF SUPERVISION UNCOVERED SIX CASES WHERE IMPROPERLY ALLOWED PRIVATE THRIFTS TO BACK CAPITAL DEPOSITS ALLOWED INCONSTITUTIONS TO APPEAR MORE SOLVENT THAN THEY WERE. THIS AMENDMENT WOULD CORRECT THAT PROBLEM. I URGE ITS ADOPTION AND I YIELD BACK TO MY FRIEND FROM OHIO.

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  • 12:26:30 PM

    THE CHAIR

    THANK YOU --

  • 12:26:35 PM

    THE CHAIR

    THE GENTLEMAN HAS 15 SECONDS REMAINING.

  • 12:26:38 PM

    MR. DRIEHAUS

    TO REMIND THE MEMBERS. THIS AMENDMENT IS ABOUT OVERSIGHT. IT'S ABOUT DOING…

    TO REMIND THE MEMBERS. THIS AMENDMENT IS ABOUT OVERSIGHT. IT'S ABOUT DOING OUR JOB TO MAKE GOVERNMENT WORK PROPERLY. AND WHILE I REALIZE IT DOESN'T ALWAYS FIT IN TO POLITICAL RHETORIC OF THE OTHER SIDE, IT IS ABOUT GOOD GOVERNMENT. THIS IS ISN'T TARP. THIS ISN'T BAILOUT. IT'S ABOUT HELPING SMALL BUSINESSES. MOVING THE ECONOMY FORWARD.

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  • 12:26:57 PM

    THE CHAIR

    GENTLEMAN'S TIME HAS EXPIRED. THE QUESTION IS ON THE AMENDMENT OFFERED BY…

    GENTLEMAN'S TIME HAS EXPIRED. THE QUESTION IS ON THE AMENDMENT OFFERED BY THE GENTLEMAN FROM OHIO, MR. DRIEHAUS. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, THE AYES HAVE IT. THE AMENDMENT IS AGREED TO. THE CHAIR UNDERSTANDS THAT AMENDMENTS NUMBERS 9 AND 10 WILL NOT BE OFFERED. IT IS NOW IN ORDER TO CONSIDER AMENDMENT NUMBER 11 PRINTED IN PART C OF HOUSE REPORT 111-506. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM MAINE SEEK RECOGNITION?

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  • 12:27:46 PM

    MR. MICHAUD

    MADAM CHAIRWOMAN. I HAVE AN AMENDMENT AT THE DESK MADE IN ORDER UNDER THE…

    MADAM CHAIRWOMAN. I HAVE AN AMENDMENT AT THE DESK MADE IN ORDER UNDER THE RULES.

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  • 12:27:49 PM

    THE CLERK

    THE CLERK WILL DESIGNATE THE AMENDMENT.

  • 12:27:52 PM

    THE CLERK

    11, PRINTED IN PART C OF HOUSE REPORT NUMBER 111-506, OFFERED BY MR.…

    11, PRINTED IN PART C OF HOUSE REPORT NUMBER 111-506, OFFERED BY MR. MICHAUD OF MAINE.

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  • 12:28:01 PM

    THE CHAIR

    PURSUANT TO HOUSE RESOLUTION 1436, THE GENTLEMAN FROM MAINE, MR. MICHAUD,…

    PURSUANT TO HOUSE RESOLUTION 1436, THE GENTLEMAN FROM MAINE, MR. MICHAUD, AND A MEMBER OPPOSED, EACH WILL CONTROL FIVE MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM MAINE.

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  • 12:28:13 PM

    MR. MICHAUD

    YOU, MADAM CHAIRWOMAN. I YIELD MYSELF SUCH TIME AS I MAY CONSUME. I RISE…

    YOU, MADAM CHAIRWOMAN. I YIELD MYSELF SUCH TIME AS I MAY CONSUME. I RISE TODAY IN SUPPORT OF MY AMENDMENT TO THE SMALL BUSINESS LENDING FUND ACT. THE AMENDMENT I OFFERED TODAY DOES TWO THINGS TO IMPROVE THE UNDERLYING BILL, THE STATE SMALL BUSINESS CREDIT INITIATIVE PROGRAM. FIRST, IT ENSURES THE STATE-RUN VENTURE CAPITAL PROGRAMS ARE ELIGIBLE TO PARTICIPATE IN THE PROGRAM. SECOND, IT CLARIFIES THAT THE STATE FINANCING PROGRAM WILL BE ELIGIBLE FOR THE PROGRAM AS LONG AS THEIR USE OF THE NEW FUNDS MEETS THE BUSINESS SIZE REQUIREMENTS IN THE BILL. THE PROGRAMS CREATED IN THE SMALL BUSINESS LENDING FUND BUILD ON THE PROVEN POTENTIAL OF EXISTING STATE LENDING PROGRAMS. IN MAINE, THESE PROGRAMS HAVE BEEN ENORMOUSLY EFFECTIVE AT GETTING SMALL BUSINESSES THE ACCESS TO CAPITAL AND THE TECHNICAL SUPPORT THEY NEED. MY AMENDMENT ENSURES THAT STATES ARE ABLE TO MAINTAIN THEIR EXISTING INITIATIVES WHILE TAKING ADVANTAGE OF THE NEW PROGRAMS CREATED IN THIS BILL. I URGE MY COLLEAGUES TO SUPPORT THIS AMENDMENT AND THE UNDERLYING BILL. I RESERVE THE BALANCE OF MY TIME.

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  • 12:29:33 PM

    THE CHAIR

    THE GENTLEMAN RESERVES. THE GENTLEMAN FROM TEXAS IS RECOGNIZED.

  • 12:29:37 PM

    MR. NEUGEBAUER

    WE DO NOT OBJECT TO THIS AMENDMENT.

  • 12:29:43 PM

    THE CHAIR

    GENTLEMAN YIELD BACK? THE GENTLEMAN YIELDS BACK THE REMAINDER OF HIS TIME…

    GENTLEMAN YIELD BACK? THE GENTLEMAN YIELDS BACK THE REMAINDER OF HIS TIME OF THE THE GENTLEMAN FROM MAINE.

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  • 12:29:49 PM

    MR. MICHAUD

    YOU, MADAM CHAIRWOMAN. WITH THAT I ENCOURAGE MY COLLEAGUES TO ADOPT THIS…

    YOU, MADAM CHAIRWOMAN. WITH THAT I ENCOURAGE MY COLLEAGUES TO ADOPT THIS AMENDMENT. I YIELD BACK THE BALANCE OF MY TIME.

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  • 12:29:55 PM

    THE CHAIR

    THE QUESTION IS ON THE AMENDMENT OFFERED BY THE GENTLEMAN FROM MAINE, M…

    THE QUESTION IS ON THE AMENDMENT OFFERED BY THE GENTLEMAN FROM MAINE, M MICHAUD. -- MR. MICHAUD. SO MANY AS ARE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, THE AYES HAVE IT. THE AMENDMENT IS AGREED TO. . IT IS NOW IN ORDER TO CONSIDER AMENDMENT NUMBER 12 PRINTED IN PART C OF HOUSE REPORT 111-506. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM LOUISIANA SEEK RECOGNITION?

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  • 12:30:32 PM

    >>

    I HAVE AN AMENDMENT AT THE DESK.

  • 12:30:41 PM

    THE CHAIR

    IS THE GENTLEMAA THE DESIGNEE OF MS. JACKSON LEE?

  • 12:30:48 PM

    MR. CAO

    I BELIEVE THAT SHE IS ONE OF THE ORIGINAL -- YES.

  • 12:30:53 PM

    THE CHAIR

    THE CLERK WILL DESIGNATE THE AMENDMENT.

  • 12:30:59 PM

    THE CLERK

    NUMBER 12 PRINTED IN PART C OF HOUSE REPORT 111-506 OFFERED BY MR. C CROW…

    NUMBER 12 PRINTED IN PART C OF HOUSE REPORT 111-506 OFFERED BY MR. C CROW OF LOUISIANA -- MR. CAO OF LOUISIANA.

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  • 12:31:13 PM

    THE CHAIR

    MEMBER OPPOSED EACH WILL CONTROL FIVE MINUTES. THE CHAIR RECOGNIZES THE…

    MEMBER OPPOSED EACH WILL CONTROL FIVE MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM LOUISIANA.

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  • 12:31:25 PM

    MR. CAO

    CHAIR. I WOULD LIKE TO YIELD MYSELF AS MUCH TIME AS I MAY CONSUME.

  • 12:31:30 PM

    THE CHAIR

    THE GENTLEMAN IS RECOGNIZED. WOULD YOU SPEAK UP?

  • 12:31:34 PM

    MR. CAO

    MUCH. I RISE TODAY IN SUPPORT OF AMENDMENT 12 TO H.R. 5297, THE SMALL…

    MUCH. I RISE TODAY IN SUPPORT OF AMENDMENT 12 TO H.R. 5297, THE SMALL BUSINESS LENDING FUND ACT OF 2010. AND I URGE MY COLLEAGUES TO SUPPORT THIS AMENDMENT. THIS AMENDMENT REQUIRES THE SECRETARY OF TREASURY TO PROVIDE CONSIDERATION IN THE ALLOCATION OF FUNDS TO GULF REGION STATES IN THE AREAS WHERE BUSINESSES AND THE ECONOMY HAVE BEEN ADVERSELY AFFECTED BY THE BIG WATER HORIZON OIL SPILL. I THANK THE GENTLELADY FROM TEXAS FOR HER PARTNERSHIP IN DRAFTING THIS AMENDMENT AND FOR HER CONSIDERATION FOR GULF COAST COMMUNITIES DURING OUR TIME OF CRISIS. I'D LIKE TO THANK THE GENTLEMAN FROM ALABAMA, THE RANKING MEMBER OF THE FINANCIAL SERVICES COMMITTEE, FOR HIS ONGOING ASSISTANCE AND SUPPORT. THE DISTRICT THAT I REPRESENT INCLUDES LOUISIANA'S ORLEANS AND JEFFERSON PARISHES, IN MY DISTRICT AND ALL ACROSS THE GULF COAST WE WERE STILL RECOVERING FROM THE DEVASTATING FORM -- STORMS OF 2005 WHEN WE WERE HIT WITH THE LATEST DISASTER. THE OIL SPILL IN THE GULF OF MEXICO IN APRIL PRESENTS US WITH ECONOMIC, ENVIRONMENTAL AND HEALTH CHALLENGES OF UNPRECEDENTED PROPORTIONS. BUSINESSES HAVE GONE DOWN BECAUSE THEY SIMPLY DO NOT HAVE THE SHORT-TERM OR LONG-TERM RESOURCES TO OPERATE. INDUSTRIES SUCH AS FISHING AND SEAFOOD PROCESSING, RECREATIONAL FISHING, RESTAURANT AND TOURISM ARE ALL SUFFERING. I HAVE SPOKEN WITH HUNDREDS OF FISHERMEN AND OYSTERMEN FROM MY DISTRICT WHO ARE NO LONGER ABLE TO FISH THE WATERS THEY AND THEIR FAMILIES HAVE FISHED FOR GENERATIONS. MANY HAVE SPOKEN OF DESPERATION FOR NOT KNOWING HOW THEY WILL PROVIDE FOR THEIR FAMILIES. TENS OF THOUSANDS OF CLAIMS HAVE BEEN FILED THROUGH B.P. AND THE S.B.A. HAVE MADE DISASTER LOANS AVAILABLE TO BUSINESSES ADVERSELY AFFECTED BY THE OIL SPILL AND REFERRED LOAN PAYMENTS FOR ONE YEAR. THESE PROVIDE ONLY TEMPORARY RELIEF, HOWEVER, AND A LONG-TERM SOLUTION FOR ECONOMIC ASSISTANCE IN THE GULF REGION IS WHAT IS NEEDED NOW BECAUSE THE LAST THING WE NEED IS MORE UNEMPLOYMENT. WITHOUT IMMEDIATE ECONOMIC ASSISTANCE, THESE VERY BUSINESSES THAT IN 2005 RETURNED TO ORLEANS AND JEFFERSON PARISHES, OUR RECOVERY WILL BE FORCED TO LEAVE. THIS AMENDMENT IS A STRONG STEP IN THE RIGHT DIRECTION TO PROVIDING DESPERATELY NEEDED ECONOMIC ASSISTANCE BECAUSE IT WILL SEE THAT SMALL BUSINESSES ALONG THE GULF COAST RECEIVE THE CREDIT NECESSARY TO KEEP OUR BUSINESSES ALIVE. AT THE SAME TIME IT WILL SPUR NEW BUSINESSES WHICH CAN ABSORB ANY UNAVODBLE AND UNFORTUNATE JOB LOSSES CAUSE -- UNAVOIDABLE AND UNFORTUNATE JOB LOSSES CAUSED BY THE OIL SPILL. I URGE MY COLLEAGUES TO PASS THIS AMENDMENT AND I'D LIKE TO RESERVE THE BALANCE OF MY TIME.

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  • 12:34:40 PM

    THE CHAIR

    THE GENTLEMAN RESERVES. FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM TEXAS…

    THE GENTLEMAN RESERVES. FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM TEXAS RISE?

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  • 12:34:46 PM

    MS. JACKSON LEE

    TO CLAIM THE TIME IN OPPOSITION ALTHOUGH I WILL NOT OPPOSE THE AMENDMENT.

  • 12:34:51 PM

    THE CHAIR

    OBJECTION, THE GENTLEWOMAN IS RECOGNIZED.

  • 12:34:54 PM

    MS. JACKSON LEE

    I'M DELIGHTED TO HAVE MR. CAO JOIN MY AMENDMENT THAT I HAD IN THE RULES…

    I'M DELIGHTED TO HAVE MR. CAO JOIN MY AMENDMENT THAT I HAD IN THE RULES COMMITTEE AND I'M DELIGHTED HE WAS ABLE TO RISE TO CLAIM THE TIME FOR THIS AMENDMENT. THIS IS AN AMENDMENT THAT I'VE WRITTEN AND ASKED MR. CAO TO JOIN ME AS HE HAD A SIMILAR AMENDMENT AND I APPRECIATE VERY MUCH THE SUPPORT THAT HE HAS GIVEN AND RECOGNIZE THE CONCERNS THAT HE HAS EXPRESSED. I WANT TO SUPPORT THE UNDERLYING BILL AS WELL AND TO MAKE NOTE OF THE FACT THAT SMALL BUSINESSES ARE NOW FACING THE MOST DIFFICULT TIME IN THE WORST RECESSION IN OUR HISTORY. ACCORDING TO A FEBRUARY, 2010, REPORT OF THE FEDERAL DEPOSIT INSURANCE CORPORATION, TOTAL BANK LOANS AND LEASES DECLIPED FOR THE SIXTH STRAIGHT QUARTER WITH TOTAL LOANS TO COMMERCIAL AND INDUSTRIAL BORROWERS DECLINING 4.3% AND REAL ESTATE CONSTRUCTION DEVELOPMENT LOANS DECLINING BY 8.4%. THAT MEANS THAT SMALL BUSINESSES GET THE STRONGEST HIT AND THIS BILL WILL FOCUS IN PARTICULAR ON THE QUESTION OF PROVIDING A LENDING SCHEME, A LENDING STRUCTURE, WHICH IS PAID FOR TO PROVIDE THE STARTUP CREDIT FOR OUR SMALL BUSINESSES. WELL, HERE WE FIND OURSELVES ADDRESSING AN ENORMITY THAT HAS OCCURRED, AN ENORMOUS CRISIS THAT HAS OCCURRED IN THE GULF. DURING THE MEMORIAL WEEK RECESS, I DID A FLYOVER OF THE GULF AND THE DEEPWATER OR HIESEN AND SAW THE MAGNITUDE AND THE -- HORIZON AND SAW THE MAGNITUDE AND GROWTH OF THIS DISASTER. NOW SOMEWHERE BETWEEN MILLIONS OR AT LEAST A MILLION GALLONS, BUT SOMEWHERE BETWEEN 20,000 AND 40,000 BARRELS PER DAY ARE GUSHING INTO THE GULF. WE DON'T KNOW WHERE THIS IS GOING TO STOP. MANY SMALL BUSINESSES ARE IMPACTED IN THE GULF STATES. THAT WOULD INCLUDE FLORIDA, THAT WOULD INCLUDE TEXAS, THAT WOULD INCLUDE ALABAMA, MISSISSIPPI AND LOUISIANA. THIS AMENDMENT THAT I'M DELIGHTED TO BE JOINED BY WITH MR. CAO IS TO IN FACT CAUSE LENDING INSTITUTIONS TO FOCUS RESOURCES ON THE SMALL BUSINESS COMMUNITY. EVEN LENDER SMITH WHO OWNS THE ALLIGATOR CAFE IN HOUSTON, TEXAS, IS SHUT DOWN BECAUSE SHE CANNOT GET PRODUCT. I IMAGINE IN NEW ORLEANS, WHEN I VISITED THAT CITY THERE WERE RESTAURANTS WHO SEEMED TO CLOSE EARLY BECAUSE THEY COULDN'T GET PRODUCT. BUT WHAT ABOUT THE OYSTERMEN AND SHRIMPERS AND FISHERMEN WHO CANNOT SEEM TO GET A LUMP SUM PAYMENT FROM B.P. AS WE'VE ADVOCATED FOR? JUST SPEAKING TO AN OYSTERMAN IN -- JUST A FEW MINUTES AGO, HE INDICATED HE HAD NOT GOTTEN HIS MONEY. SO THEREFORE I AM ASKING MY COLLEAGUES TO SUPPORT THIS AMENDMENT AND I RESERVE THE BALANCE OF MY TIME.

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  • 12:37:46 PM

    THE CHAIR

    THE GENTLEWOMAN RESERVES. THE GENTLEMAN FROM LOUISIANA. +

  • 12:37:51 PM

    MR. CAO

    MADAM CHAIR. AGAIN, I JUST WANT TO EXPRESS MY GRATITUDE AND APPRECIATION…

    MADAM CHAIR. AGAIN, I JUST WANT TO EXPRESS MY GRATITUDE AND APPRECIATION TO THE GENTLELADY FROM TEXAS. SHE HAS BEEN A VERY STRONG VOICE AND HAS BEEN VERY COMMITTED TO THE GULF COAST REGION AND IN HELPING THE MANY PEOPLE WHO ARE IN DESPERATE NEED. AGAIN, I'D LIKE TO CONVEY TO HER MY THANKS AND I'D LIKE TO YIELD BACK THE REST OF MY TIME.

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  • 12:38:18 PM

    THE CHAIR

    THE GENTLEMAN YIELDS BACK. THE GENTLEWOMAN FROM TEXAS.

  • 12:38:23 PM

    MS. JACKSON LEE

    I THANK THE GENTLEMAN FROM LOUISIANA AND NEW ORLEANS, ESPECIALLY FOR HIS…

    I THANK THE GENTLEMAN FROM LOUISIANA AND NEW ORLEANS, ESPECIALLY FOR HIS LEADERSHIP. I LOOK FORWARD TO WORKING WITH HIM AS WE GO FORWARD ON LEGISLATION THAT ADDRESSES SOME OF THE CONCERNS I HEARD HIM EXPRESS AND REALLY ESTABLISH A REAL NATIONAL ENERGY POLICY. I WOULD ASK MY COLLEAGUES TO SUPPORT THIS AMENDMENT, AS I INDICATED I HAVE ATTAINED THE TIME IN OPPOSITION BUT WILL NOT OPPOSE THE AMENDMENT WE HAVE OFFERED ON THE FLOOR OF THE HOUSE AND ARGUE THAT THIS IS AN EXCELLENT OPPORTUNITY TO PROTECT SMALL BUSINESSES WHO ARE YET NOTED FOR YET -- OR YET LIST WHO HAD ARE GOING TO BE IMPACTED ACROSS THAT GULF. FROM TOURISM IN FLORIDA, ALABAMA, MISSISSIPPI, ON TO THE SHRIMPERS AND FISHERMEN AND OYSTERMEN AND THE RESTAURANTS THAT ARE NOW IN A CONDITION WHERE THEY ARE SHUTTING DOWN, THEY ARE LETTING GO OF THEIR EMPLOYEES, AND THEY ARE PLEADING FOR ASSISTANCE. THIS IS A GOOD AMENDMENT. IT IS A GOOD AMENDMENT TO THIS LEGISLATION, IT FOCUSES ON OUR SMALL BUSINESSES AND I'D ASK MY COLLEAGUES TO SUPPORT THIS AMENDMENT. I YIELD BACK MY TIME.

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  • 12:39:23 PM

    THE CHAIR

    THE GENTLEWOMAN YIELDS BACK HER TIME. THE QUESTION IS ON THE AMENDMENT…

    THE GENTLEWOMAN YIELDS BACK HER TIME. THE QUESTION IS ON THE AMENDMENT OFFERED BY THE GENTLEMAN, MR. CAO, FROM LOUISIANA. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, THE AYES HAVE IT.

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  • 12:39:39 PM

    MS. JACKSON LEE

    SPEAKER. WITH THAT I ASK FOR THE YEAS AND NAYS.

  • 12:39:43 PM

    THE CHAIR

    I ASK FOR A RECORDED VOTE.

  • 12:39:45 PM

    MS. JACKSON LEE

    LEE: I ASK FOR A RECORDED VOTE.

  • 12:39:48 PM

    THE CHAIR

    TO CLAUSE 6 OF RULE 18, FURTHER PROCEEDINGS ON THE AMENDMENT OFFERED BY…

    TO CLAUSE 6 OF RULE 18, FURTHER PROCEEDINGS ON THE AMENDMENT OFFERED BY THE GENTLEMAN FROM LOUISIANA, MR. CAO, WILL BE POSTPONED. IT IS NOW IN ORDER TO CONSIDER AMENDMENT NUMBER 13 PRINTED IN PART C OF HOUSE REPORT 111-506. FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM CALIFORNIA SEEK RECOGNITION?

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  • 12:40:14 PM

    MS. SANCHEZ

    MADAM CHAIRWOMAN, I HAVE AN AMENDMENT AT THE DESK.

  • 12:40:18 PM

    THE CHAIR

    WILL DESIGNATE THE AMENDMENT.

  • 12:40:20 PM

    THE CLERK

    NUMBER 13 PRINTED IN PART C OF HOUSE REPORT 111-506 OFFERED BY MS. SANCHEZ…

    NUMBER 13 PRINTED IN PART C OF HOUSE REPORT 111-506 OFFERED BY MS. SANCHEZ OF CALIFORNIA.

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  • 12:40:28 PM

    THE CHAIR

    TO THE RESOLUTION, THE GENTLEWOMAN FROM CALIFORNIA, MS. SANCHEZ, AND A…

    TO THE RESOLUTION, THE GENTLEWOMAN FROM CALIFORNIA, MS. SANCHEZ, AND A MEMBER OPPOSED EACH WILL CONTROL FIVE MINUTES. THE CHAIR RECOGNIZES THE GENTLEWOMAN FROM CALIFORNIA.

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  • 12:40:40 PM

    MS. SANCHEZ

    MADAM CHAIRWOMAN, I YIELD MYSELF AS MUCH TIME AS I MAY CONSUME. I RISE…

    MADAM CHAIRWOMAN, I YIELD MYSELF AS MUCH TIME AS I MAY CONSUME. I RISE TODAY IN SUPPORT OF H.R. 5297, THE SMALL BUSINESS LENDING FUND ACT. IT IS CRUCIAL IN TODAY'S WORLD THAT WE FURTHER EXPAND THE POTENTIAL SMALL BUSINESSES IN KEY INDUSTRIES THAT HAVE PROVEN TO CREATE JOBS AND INCREASE OUR MANUFACTURING BASE HERE IN THE UNITED STATES. AS A FORMER INVESTOR AND FINANCIAL ANALYST, I WAS PARTICULARLY IMPRESSED WITH TITLE 3 OF THIS BILL, THE SMALL BUSINESS EARLY STAGE INVESTMENT PROGRAM. IN RECENT YEARS WE HAVE SEEN A SHIFT FROM THE ENTREPRENEUR AND SMALL BUSINESS STARTUP COMMUNITY FROM THE TRADITIONAL LOANS AND THE LEVERAGE, MORTGAGING THEIR OWN HOMES, TO USING INTELLECTUAL CAPITAL AND INNOVATION AS OUR LEVERAGE. AS A CALIFORNIAN I UNDERSTAND THE IMPORTANCE OF STARTUP BUSINESSES IN THE ECONOMY. SINCE CALIFORNIA MAKES UP A LARGE PERCENTAGE OF STARTUP AND VENTURE CAPITAL FUNDERS. CREATING A PUBLIC-PRIVATE PARTNERSHIP DESIGNED TO CHANNEL INVESTMENT CAPITAL TO THEM IS INCREASINGLY IMPORTANT IN ORDER TO GET OUR ECONOMY ON TRACK. THAT'S WHY I SUBMITTED AN AMENDMENT THAT WOULD INCLUDE ADDITIONAL CRITERIA DURING THE SELECTION PROCESS OF THESE INVESTMENT COMPANIES. MY AMENDMENT WOULD ENSURE THAT AS PART OF THE SELECTION CRITERIA, THE SMALL BUSINESS ADMINISTRATOR WOULD EXAMINE THE EXTENT THE INVESTMENT COMPANY WOULD CONCENTRATE ITS INVESTMENT CAPITAL ON OUR TARGETED INDUSTRIES. SUCH TARGETED INDUSTRIES HAVE BEEN HISTORICAL IN JOB AND ECONOMIC GROWTH, SUCH AS THE INFORMATION TECHNOLOGIES, LIFE SCIENCES, DEFENSE TECHNOLOGIES, CLEAN TECHNOLOGY, DIGITAL MEDIA. THE SMALL BUSINESS STARTUPS ARE THE BACKBONE OF OUR ECONOMY AND WILL CONTRIBUTE TO ALL THE SECTORS SO THAT WE CAN GET OUR ECONOMY GOING AGAIN. AND I URGE MY COLLEAGUES TO SUPPORT THIS AMENDMENT AND THE UNDERLYING LEGISLATION AND I -- I WILL RESERVE THE BALANCE OF MY TIME.

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  • 12:42:49 PM

    THE CHAIR

    MADAM CHAIR --

  • 12:43:03 PM

    THE CHAIR

    WITHOUT OBJECTION, THE GENTLEWOMAN IS RECOGNIZED. VELAZQUEZ VELAZQUEZ…

    WITHOUT OBJECTION, THE GENTLEWOMAN IS RECOGNIZED. VELAZQUEZ VELAZQUEZ THANK YOU, MADAM CHAIR --

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  • 12:43:08 PM

    MS. VELAZQUEZ

    YOU, MADAM CHAIR. AMERICAN SMALL BUSINESSES HAVE ALWAYS TIGHTENED ECONOMIC…

    YOU, MADAM CHAIR. AMERICAN SMALL BUSINESSES HAVE ALWAYS TIGHTENED ECONOMIC FIELDS AND SECTORS. TODAY SMALL BUSINESSES CONTINUE TO BE SOME OF OUR MOST CREATIVE INNOVATORS. AS OUR NATION SHIFTS AWAY FROM FOSSIL FUELS AND SEEKS CLEAN RESOURCES OF ENERGY, ENTREPRENEURS ARE LEADING THE WAY. TODAY SMALL BUSINESSES, 90% OF THOSE COMPANIES OPERATING IN THE RENEWABLE AND ENERGY EFFICIENCY INDUSTRIES. SMALL FIRMS ARE ALSO MAKING IMPORTANT CONTRIBUTIONS IN THE ARM SCIENCES AND BIOMESS SID -- BIOMEDICINE. TECHNOLOGIES USED IN OUR NATION'S NATIONAL DEFENSE ARE ALSO BEING ADVANCED BY SMALL BUSINESSES. COMPONENTS OF THE PREDATOR DRONE, FOR INSTANCE, WERE DEVELOPED BY SMALL FIRMS. AND SMALL BUSINESSES ARE HELPING DEVELOP NEW INFORMATION TECHNOLOGY AND DIGITAL MEDIA SERVICES THAT BETTER CONNECT OUR WORLD. THE UNITED STATES MUST CONTINUE TO LEAD IN ALL THESE AREAS IF OUR ECONOMY'S TO REMAIN STRONG IN THE LONG-TERM. THIS TYPE OF INNOVATION CREATES GOOD-PAYING, HIGHLY SKILLED JOBS. HOWEVER, BEFORE THIS BUSINESS CAN DEVELOP THE NEXT GAME CHANGING DEFENSE TECHNOLOGY, UNEARTH THE NEXT MEDICAL BREAKTHROUGH, OR DISCOVER A NEW SOURCE OF CLEAN ENERGY, THEY NEED CAPITAL. THE AMENDMENT BEFORE US SIMPLY ENSURES THAT THE SMALL BUSINESS EARLY STAGE INVESTMENT PROGRAM IS TARGETED TO FIELDS LIKE THIS, WHERE THERE WILL BE THE BIGGEST PAYOFF FOR ECONOMIC GROWTH AND JOB CREATION. MADAM CHAIR, THIS IS A GOOD AMENDMENT, IT WILL ENSURE THE INDUSTRIES OF TOMORROW AND FUTURE COMPANIES CAN SECURE FINANCING TO GET OFF THE GROUND. I URGE MY COLLEAGUES TO VOTE YES AND I YIELD THE REMAINING TIME TO THE GENTLEMAN FROM MISSOURI, MR. GRAVES. .

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  • 12:45:18 PM

    THE CHAIR

    THE GENTLEMAN FROM MISSOURI IS RECOGNIZED.

  • 12:45:20 PM

    MR. GRAVES

    THANK YOU, MADAM CHAIR. THANK YOU, MAD CRAM CHAIR FOR RECOGNIZING ME --…

    THANK YOU, MADAM CHAIR. THANK YOU, MAD CRAM CHAIR FOR RECOGNIZING ME -- MADAM CHAIR FOR RECOGNIZING. I RISE IN SUPPORT OF THE AMENDMENT TO ENACT A PROGRAM TO TARGET INVESTMENT IN CERTAIN INDUSTRIES. THE SELECTION OF THE APPLICANT SHOULD BE BASED ON THE LIKELIHOOD THE VENTURE COMPAP COMPANY WILL MAKE THOSE AMENDMENTS. I BELIEVE IT CLARIFIES THE BILL AND SUPPORT IT AND YIELD BACK.

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  • 12:45:46 PM

    THE CHAIR

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEWOMAN FROM…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEWOMAN FROM CALIFORNIA.

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  • 12:45:56 PM

    MS. SANCHEZ

    FIRST I WOULD LIKE TO THANK OUR GREAT CHAIRWOMAN OF THE SMALL BUSINESS…

    FIRST I WOULD LIKE TO THANK OUR GREAT CHAIRWOMAN OF THE SMALL BUSINESS COMMITTEE. I NOOICE SHE'S A LITTLE UNDER THE WEATHER TODAY SO WE REALLY APPRECIATE SHE WOULD COME DOWN AND SPEAK ON OUR AMENDMENT. AS A CALIFORNIAN I CONTINUE TO GO BACK EVERY WEEK TO MY DISTRICT AND OUR SMALL BUSINESSES ARE AILING. THEY ARE ASKING FOR HELP. THEY ARE HOLDING ON. A LOT OF THEM HAVE NOT BEEN ABLE TO MAKE IT THROUGH. THOSE WHO ARE STILL HOLDING ON ARE WAITING FOR US TO HELP THEM, TO DO SOMETHING. ABOUT A MONTH AGO I HAD OUR CHAIRMAN BERNANKE BEFORE US IN THE JOINT ECONOMIC COMMITTEE AND WE TALKED ABOUT THE FACT THAT WE NEED, REALLY, WE NEED TO HELP SMALL BUSINESS. SMALL BUSINESS IS REALLY WHERE THE HIRING OF AMERICA HAPPENS. AND SO IF THEY ARE AILING, THEN THERE WILL BE UNEMPLOYMENT. SO I REALLY BELIEVE IN THIS BILL. I THANK THOSE WHO HAVE WORKED ON IT. AND I URGE A YES VOTE ON THE UNDERLYING BILL AND ON THIS AMENDMENT. AND I THANK YOU, MADAM CHAIR. IF THERE ARE NO FURTHER SPEAKERS I YIELD BACK THE BALANCE OF MY TIME.

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  • 12:47:05 PM

    THE CHAIR

    THE GENTLEWOMAN YIELDS BACK THE REMAINDER OF HER TIME. THE QUESTION IS --…

    THE GENTLEWOMAN YIELDS BACK THE REMAINDER OF HER TIME. THE QUESTION IS -- THE QUESTION IS ON THE AMENDMENT OFFEREE BY THE THE GENTLEWOMAN FROM CALIFORNIA, MS. SANCHEZ. SO MANY AS ARE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, THE AYES HAVE IT. THE AMENDMENT IS AGREED TO. IT IS NOW IN ORDER TO CONSIDER AMENDMENT NUMBER 14, PRINTED IN PART C OF HOUSE REPORT NUMBER 111-506. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM TEXAS SEEK RECOGNITION?

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  • 12:47:42 PM

    MR. CUELLAR

    HAVE AN AMENDMENT AT THE DESK.

  • 12:47:43 PM

    THE CHAIR

    THE CLERK WILL DESIGNATE THE AMENDMENT.

  • 12:47:45 PM

    THE CLERK

    AMENDMENT NUMBER 14, PRINTED IN PART C OF HOUSE REPORT NUMBER 111-50 ,…

    AMENDMENT NUMBER 14, PRINTED IN PART C OF HOUSE REPORT NUMBER 111-50 , OFFERED BY MR. CUELLAR OF TEXAS.

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  • 12:47:52 PM

    THE CHAIR

    PURSUANT TO HOUSE RESOLUTION 1436, THE GENTLEMAN FROM TEXAS, MR. CUELLAR,…

    PURSUANT TO HOUSE RESOLUTION 1436, THE GENTLEMAN FROM TEXAS, MR. CUELLAR, AND A MEMBER OPPOSED EACH WILL CONTROL FIVE MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM TEXAS. MR.

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  • 12:48:03 PM

    MR. CUELLAR

    CHAIR, I YIELD MYSELF SUCH TIME AS I MAY CONSUME. I RISE TODAY IN SUPPORT…

    CHAIR, I YIELD MYSELF SUCH TIME AS I MAY CONSUME. I RISE TODAY IN SUPPORT OF THE AMENDMENT, MY AMENDMENT, H.R. -- ON THE BILL 52 7, THE SMALL BUSINESS LENDING ACT OF 2010. THE CONCEPT OF THIS BILL IS SIMPLE. CREATE A LENDING FUND TO HELP SMALL BUSINESSES GET CAPITAL. THIS BILL WILL HELP STABILIZEE OUR ECONOMY AND CREATE JOBS AND I WARRANT TO THANK THE CHAIRWOMAN FROM NEW YORK ANTI-IN JUST A MOMENT ILLINOIS FOR THEIR WORK AND MY PARTICULAR COMMONSENSE AMENDMENT IS STRAIGHTFORWARD. MY AMENDMENT REQUIRES THAT THE SECRETARY STEAK INTO CONSIDERATION THOSE -- TAKE INTO CONSIDERATION THOSE AREAS WITH HIGH UNEMPLOYMENT RATES THAT EXCEEDS THE NATIONAL AVERAGE. THIS CONSIDERATION WILL INCREASE OPPORTUNITIIS FOR SMALL BUSINESSES DEVELOPMENT IN PLACES WHERE IT'S NEEDED THE MOST. THE NATIONAL UNEMPLOYMENT RATE IS ABOUT 9.7 AS OF LAST MONTH. THERE ARE CERTAIN COMMUNITIES WHO GO AFTER THE STATE AND NATIONAL AVERAGE FOR UNEMPLOYMENT. LIKE MANY COUNTIES ACROSS THE NATION, COUNTIES IN MY CONGRESSIONAL DISTRICT ARE PARTICULARLY HIGHER THAN THE NATIONAL RATE. ONE OF MY COUNTIES, STAR COUNTY, IN SOUTH TEXAS HAS A HIGH OF 17.3 UNEMPLOYMENT RATE. ANOTHER COUNTY HAS 11.1 UNEMPLOYMENT RATE. AGAIN THIS IS NOT A PARTISAN MATTER. AREAS THROUGHOUT THE COUNTRY HAVE UNEMPLOYMENT RATES THAT EXCEED THE NATIONAL AVERAGE. THIS IS A MATTER OF IMPORTANCE TO EVERY WORKER AND FAMILY AND BUSINESSPERSON. AND THAT'S WHY THIS BILL IS GOOD FOR THE BACKBONE OF AMERICAN SMALL BUSINESSES. IN MANY WAYS THE NATION'S ECONOMIC ENGINE. I URGE ALL MY COLLEAGUES TO SUPPORT THIS BILL AND AT THIS TIME I WILL YIELD THE GENTLEMAN, FOR A MINUTE AND A HALF.

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  • 12:49:53 PM

    THE CHAIR

    OBJECTION, THE GENTLEMAN FROM NORTH CAROLINA IS RECOGNIZED.

  • 12:49:56 PM

    MR. ETHERIDGE

    THANK YOU, MADAM CHAIR. I THANK MR. CUELLAR FOR OFFERING THIS AMENDMENT TO…

    THANK YOU, MADAM CHAIR. I THANK MR. CUELLAR FOR OFFERING THIS AMENDMENT TO MAKE SURE THAT CREATING JOBS WHERE THEY ARE NEEDED MOST IS THE FOCUS OF THIS PIECE OF LEGISLATION. AS A FORMER SMALL BUSINESS MAN MYSELF, I CALL ON THE HOUSE TO PASS THIS PIECE OF LEGISLATION. SMALL BUSINESSES FORM THE BACKBONE OF OUR ECONOMY, INCREASE THE JOBS WE NEED TO CONTINUE OUR RECOVERY. FAR TOO MANY ARE HAVING DDFFICULTY GETTING THE CREDIT THEY NEED TO GROW AND EXPAND. TODAY WE HAVE THE OPPORTUNITY TO MAKE -- TO DO MORE THAN JUST PRAISE SMALL BUSINESSES AND LAMENT THE CREDIT CRUNCH. WE HAVE A BILL THAT FREES UP $30 BILLION DIRECTLY FOR SMALL BUSINESSES ACROSS OUR OPPORTUNITIES THAT ARE RESPONSIBLE FOR JOB GROWTH IN OUR COUNTRY. BUSINESS LEADERS IN SMITHFIELD, AND FOLKS ACROSS MY DISTRICT IN NORTH CAROLINA HAVE SAID THAT WHAT THEY NEED MOST IS TO EXPAND CREDIT. AND HAVE SHARED THEIR SUPPORT OF THIS INITIATIVE WITH ME. TODAY WE HAVE AN OPPORTUNITY TO PROVIDE REAL HELP TO OUR MAIN STREET BUSINESSES. LET US AVOID PARTISAN BICKERING. PASS THIS PIECE OF LEGISLATION NOW. THANK YOU. I YIELD BACK.

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  • 12:51:12 PM

    THE CHAIR

    HAS YIELDED THE REMAINDER OF HIS TIME. THE GENTLEMAN FROM TEXAS RESERVES.…

    HAS YIELDED THE REMAINDER OF HIS TIME. THE GENTLEMAN FROM TEXAS RESERVES. THE GENTLEMAN FROM TEXAS.

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  • 12:51:21 PM

    MR. NEUGEBAUER

    KIND OF CONFUSING, ISN'T IT. I RISE AND CLAIM TIME IN OPPOSITION ALTHOUGH…

    KIND OF CONFUSING, ISN'T IT. I RISE AND CLAIM TIME IN OPPOSITION ALTHOUGH I AM NOT OPPOSED TO THE BILL.

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  • 12:51:28 PM

    THE CHAIR

    WITHOUT OBJECTION, THE GENTLEMAN IS RECOGNIZED.

  • 12:51:31 PM

    MR. NEUGEBAUER

    THANK MY FRIEND FROM TEXAS. I THINK THIS IS A COMMONSENSE AMENDMENT. I…

    THANK MY FRIEND FROM TEXAS. I THINK THIS IS A COMMONSENSE AMENDMENT. I THINK IF YOU ARE GOING TO DO THIS PROGRAM, CERTAINLY I DON'T SUPPORT THE UNDERLYING PROGRAM, BUT IF WE ARE GOING TO DO IT, WE ARE GOING TO PUT THIS CAPITAL INTO SOME OF THESE BANKS FOR LENDING, CERTAINLY OUGHT TO BE IN AREAS WHERE THEY HAVE THE HIGHEST UNEMPLOYMENT. THAT MAKES SENSE. I STILL THINK WE COULD DO BETTER FOR SMALL BUSINESSES BY PROVIDING AN ENVIRONMENT WHERE THERE IS LESS UNCERTAINTY, MORE CERTAINTY ON WHAT THE TAX SITUATION'S GOING TO BE. LESS UNCERTAINTY ABOUT WHAT THE REGULATORY ENVIRONMENT'S GOING TO BE. BUT I THINK THE GENTLEMAN'S AMENDMENT MAKES THE UNDERLYING BILL BETTER. WE DO NOT OBJECT TO THIS. I YIELD BACK MY TIME.

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  • 12:52:21 PM

    THE CHAIR

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM TEXAS.

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  • 12:52:24 PM

    MR. CUELLAR

    THANK YOU VERY MUCH. I THANK MY COLLEAGUE FROM TEXAS AND THANK HIM FOR THE…

    THANK YOU VERY MUCH. I THANK MY COLLEAGUE FROM TEXAS AND THANK HIM FOR THE KIND WORDS. I APPRECIATE IT. I THANK HIM FOR THE WORK HE'S BEEN DOING. AT THIS TIME, MADAM CHAIR, I CERTAINLY JUST WANT TO ASK MY COLLEAGUES TO SUPPORT THIS. ALSO A FORMER SMALL BUSINESSPERSON I UNDERSTAND HOW HARD CAPITAL CAN BE TO GET TO THE SMALL BUSINESSES. I ASK MEMBERS TO SUPPORT MY AMENDMENT. I YIELD THE BALANCE OF MY TIME.

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  • 12:52:50 PM

    THE CHAIR

    THE GENTLEMAN HASS YIELDED THE BALANCE OF HIS TIME. THE QUESTION IS ON THE…

    THE GENTLEMAN HASS YIELDED THE BALANCE OF HIS TIME. THE QUESTION IS ON THE AMENDMENT OFFERED BY THE GENTLEMAN FROM TEXAS, MR. CUELLAR. SO MANY AS ARE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, THE AYES HAVE IT. THE AMENDMENT IS AGREED TO. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM -- SORRY, IT IS NOW IN ORDER TO CONSIDER AMENDMENT NUMBER 15, PRINTED IN PART C OF HOUSE REPORT 111-506. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM IOWA SEEK RECOGNITION?

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  • 12:53:20 PM

    MR. BRALEY

    HAVE AN AMENDMENT AT THE DESK MADE IN ORDER UNDER THE RULE.

  • 12:53:24 PM

    THE CHAIR

    WILL DESIGNATE THE AMENDMENT.

  • 12:53:26 PM

    THE CLERK

    PRINTED IN PART C OF HOUSE REPORT NUMBER 111-506, OFFERED BY MR. BRALEY OF…

    PRINTED IN PART C OF HOUSE REPORT NUMBER 111-506, OFFERED BY MR. BRALEY OF IOWA.

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  • 12:53:34 PM

    THE CHAIR

    TO HOUSE RESOLUTION 1436, THE GENTLEMAN FROM IOWA, MR. BRALEY, AND A…

    TO HOUSE RESOLUTION 1436, THE GENTLEMAN FROM IOWA, MR. BRALEY, AND A MEMBER OPPOSED EACH WILL CONTROL FIVE MINUTES. THE GENTLEMAN FROM IOWA IS RECOGNIZED.

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  • 12:53:45 PM

    MR. BRALEY

    MADAM CHAIRMAN. I YIELD MYSELF SUCH TIME AS I MAY CONSUME. MY AMENDMENT TO…

    MADAM CHAIRMAN. I YIELD MYSELF SUCH TIME AS I MAY CONSUME. MY AMENDMENT TO H.R. 5297 SOFT MONEY A COMMONSENSE BILL THAT IS CONSISTENT WITH WHAT WE HAVE ALREADY PASSED IN THE HETCHT CONGRESS BY A VOTE OF 386-33 ON MARCH 17. IT WAS MY PLAIN LANGUAGE IN GOVERNMENT COMMUNICATIONS ACT. WHEN I GO BACK AND I TALK TO SMALL BUSINESS OWNERS IN MY DISTRICT, ONE OF THEIR BIGGEST COMPLAINTS IS A FEDERAL BUREAUCRACY WITH TOO MUCH RED TAPE WRITTEN IN LANGUAGE THEY CAN'T UNDERSTAND. WHICH FORCES THEM TO GO HIRE LAWYERS AND ACCOUNTANTS SO THEY CAN UNDERSTAND THE REQUIREMENTS THAT WE IMPOSE UPON THEM. MY AMENDMENT WOULD REQUIRE PLAIN LANGUAGE TO BE USED FOR DOCUMENTS THAT GO TO THE PUBLIC RELATED TO THIS LENDING FUND. IT WILL IMPROVE THE EFFECTIVENESS AND ACCOUNTABILITY OF THE DEPARTMENT OF TREASURY AND SMALL BUSINESS ADMINISTRATION BY PROMOTING CLEAR GOVERNMENT COMMUNICATION THAT THE PUBLIC CAN UNDERSTAND AND USE. PLAIN LANGUAGE IS WRITING THE INTENDED AUDIENCE CAN CLEARLY UNDERSTAND BECAUSE IT IS CONCISE, WELL ORGANIZED, AND FOLLOWS OTHER PRACTICES OF PLAIN WRITING. THE DEPARTMENT OF TREASURY AND SMALL BUSINESS ADMINISTRATION WILL BE REQUIRED TO IMPLEMENT PLAIN WRITING REQUIREMENTS BY DESIGNATING A SENIOR OFFICIAL TO OVERSEE THE IMPLEMENTATION OF THE PROVISION, COMMUNICATING THE REQUIREMENTS TO EMPLOYEES, TRAINING EMPLOYEES, IN PLAIN WRITING, ESTABLISHING A PROCESS TO OVERSEE COMPLIANCE, CREATING A PLAIN LANGUAGE REQUIREMENT ON THEIR AGENCY'S WEBSITE, AND DESIGNATING ONE OR MORE AGENCY POINTS OF CONTACT TO RECEIVE AND RESPOND TO PUBLIC FEEDBACK. WRITING GOVERNMENT DOCUMENTS IN PLAIN LANGUAGE WILL INCREASE GOVERNMENT ACCOUNTABILITY AND SAVE TAXPAYERS, COMMUNITY BANKS, AND SMALL BUSINESS OWNERS TIME AND MONEY. PLAIN, STRAIGHTFORWARD LANGUAGE MAKES IT EASIER TO UNDERSTAND THESE LOAN DOCUMENTS AND MY AMENDMENT WILL MAKE IT EASIER FOR SMALL BUSINESSES AND COMMUNITY BANKS TO WORK WITH AND UNDERSTAND THE GOVERNMENT. THAT IS WHY IT IS SO IMPORTANT THAT WE MOVE FORWARD TO IMPLEMENT PLAIN WRITING REQUIREMENTS ACROSS THE BOARD BUT PARTICULARLY IN THESE TWO AGENCIES AS IT RELATES TO THE LOAN PROGRAMS THAT ARE UNDER CONSIDERATION. AND I RESERVE THE BALANCE OF MY TIME.

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  • 12:55:55 PM

    THE CHAIR

    THE GENTLEMAN RESERVES. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM TEXAS…

    THE GENTLEMAN RESERVES. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM TEXAS RISE?

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  • 12:55:59 PM

    MR. NEUGEBAUER

    WITHOUT OBJECTION, THE GENTLEMAN IS RECOGNIZED FOR FIVE MINUTES.

  • 12:56:02 PM

    THE CHAIR

    WITHOUT OBJECTION, THE GENTLEMAN IS RECOGNIZED FOR FIVE MINUTES.

  • 12:56:05 PM

    MR. NEUGEBAUER

    GENTLEMAN FOR THIS COMMONSENSE AMENDMENT. IT'S UNFORTUNATE WE HAVE TO…

    GENTLEMAN FOR THIS COMMONSENSE AMENDMENT. IT'S UNFORTUNATE WE HAVE TO BRING AN AMENDMENT TO THE FLOOR OF THE HOUSE OF REPRESENTATIVES TO TELL THE GOVERNMENT AGENCIES TO WRITE OUT THE INSTRUCTIONS IN PLAIN ENGLIIH. I APPRECIATE THE GENTLEMAN'S AMENDMENT. I THINK IT MAKES THE BILL BETTER. I YIELD BACK.

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  • 12:56:27 PM

    THE CHAIR

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM IOWA.

  • 12:56:32 PM

    MR. BRALEY

    TO THE GENTLEWOMAN FROM ILLINOIS, CONGRESSWOMAN BEAN.

  • 12:56:38 PM

    THE CHAIR

    FROM ILLINOIS IS RECOGNIZED FOR ONE MINUTE.

  • 12:56:42 PM

    MS. BEAN

    MADAM CHAIRWOMAN. I JUST WANT TO ACKNOWLEDGE CONGRESSMAN BRAILLELY'S…

    MADAM CHAIRWOMAN. I JUST WANT TO ACKNOWLEDGE CONGRESSMAN BRAILLELY'S EFFORTS RECOGNIZING THE CHALLENGES AMERICANS HAVE -- BRALEY'S EFFORTS RECOGNIZING THE CHALLENGES AMERICANS HAVE READING DOCUMENTS PARTICULARLY LENDING DISCLOSURES. THIS AMENDMENT IS A COMMONSENSE APPROACH TO MAKING THE PROGRAM MORE ACCESSIBLE. I COMMEPPED HIS LEADERSHIP TO EXPAND PLAIN LANGUAGE TO OUR GOVERNMENT DOCUMENTS. I YIELD BACK.

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  • 12:57:06 PM

    THE CHAIR

    FROM ILLINOIS YIELD BACK THE REMAINDER OF HER TIME. THE GENTLEMAN FROM…

    FROM ILLINOIS YIELD BACK THE REMAINDER OF HER TIME. THE GENTLEMAN FROM TEXAS -- FROM IOWA.

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  • 12:57:14 PM

    MR. BRALEY

    SPEAKER, I THINK THAT THE COMMENTS THAT YOU HEARD ARE INDICATIVE OF WHAT'S…

    SPEAKER, I THINK THAT THE COMMENTS THAT YOU HEARD ARE INDICATIVE OF WHAT'S WRONG WITH THE WAY OF GOVERNMENT AGENCIES WRITE THEIR DOCUMENTS. I THINK DEPLORABLE THAT WE HAVE TO TAKE THIS ACTION, BUT THE SAD TRUTH IS ANYBODY WHO'S LOOKED AT THESE LOAN DOCUMENTS KNOWS HOW SERIOUS THIS PROBLEM IS. I THINK THIS IS A SMALL STEP IN THE RIGHT DIRECTION. I CALL THIS THE LITTLE ENGINE THAT COULD. IF WE IMPLEMENT THIS ACROSS TTE BOARD IN FEDERAL AGENCIES, AMERICAN TAXPAYERS AND CONSUMERS OF FEDERAL INFORMATION WILL BE MUCH BETTER OFF. I URGE MY COLLEAGUES TO VOTE IN SUPPORT OF THE AMENDMENT. I YIELD BACK THE BALANCE OF MY TIME.

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  • 12:57:46 PM

    THE CHAIR

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE QUESTION IS ON THE…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE QUESTION IS ON THE AMENDMENT OFFERED BY THE GENTLEMAN FROM IOWA, MR. BRALEY. SO MANY AS ARE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, THE AYES HAVE IT. THE AMENDMENT IS AGREED TO. IT IS NOW IN ORDER TO CONSIDER AMENDMENT NUMBER 16 PRINTED IN PART C OF HOUSE REPORT 111-506. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM IOWA SEEK RECOGNITION?

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  • 12:58:15 PM

    MR. LOEBSACK

    MADAM SPEAKER, I HAVE AN AMENDMENT AT THE DESK.

  • 12:58:17 PM

    THE CHAIR

    THE CLERK WILL DESIGNATE THE AMENDMENT.

  • 12:58:20 PM

    THE CLERK

    16, PRINTED IN PART C OF REPORT NUMBER 111-506, O OFFERED BY MR. LOEBSACK…

    16, PRINTED IN PART C OF REPORT NUMBER 111-506, O OFFERED BY MR. LOEBSACK OF IOWA.

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  • 12:58:27 PM

    THE CHAIR

    PURSUANT TO HOUSE RESOLUTION 1436, THE GENTLEMAN FROM IOWA, MR. LOEBSACK,…

    PURSUANT TO HOUSE RESOLUTION 1436, THE GENTLEMAN FROM IOWA, MR. LOEBSACK, AND A MEMBER OPPOSED EACH WILL CONTROL FIVE MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM IOWA.

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  • 12:58:37 PM

    MR. LOEBSACK

    YOU, MADAM SPEAKER. I YIELD MYSELF SUCH TIME AS I MAY CONSUME. MY…

    YOU, MADAM SPEAKER. I YIELD MYSELF SUCH TIME AS I MAY CONSUME. MY AMENDMENT IS SIMPLE. IT STATES THAT FARMERS IN RURAL COMMUNITIES SHOULD RECEIVE EQUAL CONSIDERATION THROUGH LENDING ACTIVITIES FOR SMALL BUSINESSES. PARTICULARLY OUR NATION'S SMALL AND MID-SIZED FARMS AND AGRICULTURE OPERATIONS WHICH MAKE UP THE MAJORITY OF OUR AGRICULTURE COMMUNITY. IT ALSO STATES THAT WE SHOULD GIVE ATTENTION TO ENSURING THERE IS ADEQUATE CREDIT AND FINANCING AVAILABLE IN THE FARMING SECTORS. WHILE THE AMENDMENT ITSELF IS SIMPLE, THE ISSUE IS NOT. THROUGHOUT THIS ECONOMIC DOWNTURN OUR RURAL COMMUNITIES AND FARMERS HAVE BEEN STRUGGLING YOU JUST AS OUR MAJOR METRO AREAS HAVE BEEN. MANY AREAS IN MY DISTRICT HAVE UNEMPLOYMENT RATES ABOVE THE NATIONAL AVERAGE. I HAVE SEEN EXAMPLES OF AGRICULTURAL OPERATIONS HAVING A DIFFICULT TIME FINDING FINANCING AND HAVE WORKED TO TRY TO ASSIST SUCH OPERATIONS. UNFORTUNATELY OUR FARMERS AND RURAL COMMUNITIES ARE OFTEN NOT DISCUSSED IN THE BROADER DEBATE AS TO HOW TO ENCOURAGE ECONOMIC RECOVERY. THE PERSISTENCE OF RURAL POVERTY AND HUNGER AND LACK OF RURAL DEVELOPMENT OFTEN GO UNREPORTED AS WELL. I WAS PLEASED TO HOLD A SERIES OF RURAL DEVELOPMENT ROUND TABLES IN MY DISTRICT LOOKING AT UNDERSECRETARY FOR RURAL DEVELOPMENT. I HOPE WE CAN CONTINUE TO BUILD MOMENTUM NATIONALLY AND ENSURE OUR FARMERS AND RURAL COMMUNITIES CAN CONTRIBUTE TO CONTINUED ECONOMIC RECOVERY. AGRICULTURE AND OUR NATION'S FARMERS ARE CONSISTENTLY STRONG CONTRIBUTORS TO THE ECONOMY, AND ARE CERTAINLY VITAL FOR THE SURVIVAL OF OUR RURAL COMMUNITIES AND VICE VERSA. MANY OF OUR RURAL AREAS WERE STRUGGLING EVEN BEFORE THE DOWNTURN AND WE CONTINUE TO SEE A DECLINE IN THE NUMBER OF FARMERS AND RURAL BUSINESSES. OFTEN THE LOSS OF ONE RURAL BUSINESS CAN HAVE A DOMINO EFFECT THROUGHOUT THE COMMUNITY AND SURROUNDING AREAS. I THINK WE NEED TO BE VIGILANT IN BRINGING RURAL AND FARMING ISSUES TO THE FOREFRONT OF THE DEBATES WE HAVE ON ECONOMIC DEVELOPMENT AND ADDITIONALLY LOOK AT POLICIES TO PROMOTE ACCESS TO AND DEVELOPMENT OF NEW FOOD MARKET AND SUPPLY CHAIN IMPROVEMENTS AND RELATED RURAL BUSINESSES. I HOPE MY COLLEAGUES WILL AGREE ON THE NEED TO BRING ATTENTION TO EXPANDING THE OPPORTUNITIES FOR AGRICULTURE AND FARMING TO CONTRIBUTE TO NATIONAL AND LOCAL ECONOMIC RECOVERY. I RESERVE THE BALANCE OF MY TIME. .

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  • 01:01:09 PM

    THE CHAIR

    THE GENTLEMAN RESERVES. THE GENTLEMAN FROM TEXAS.

  • 01:01:13 PM

    MR. NEUGEBAUER

    CLAIM TIME IN OPPOSITION ALTHOUGH I AM NOT OPPOSED TO THE AMENDMENT.

  • 01:01:16 PM

    THE CHAIR

    WITHOUT OBJECTION, THE GENTLEMAN FROM TEXAS IS RECOGNIZED FOR FIVE MINUTES.

  • 01:01:20 PM

    MR. NEUGEBAUER

    AS THE PROVISIONS IN THE BILL SAY, LOANS TO FARMERS IN RURAL AREAS COUNT…

    AS THE PROVISIONS IN THE BILL SAY, LOANS TO FARMERS IN RURAL AREAS COUNT AS SMALL BUSINESS LENDING UNDER THE PROVISIONS OF THIS BILL. BUT JUST LIKE THE SPONSOR OF THE BILL, I REPRESENT AGRICULTURAL DISTRICT AND UNDERSTAND THE IMPORTANT ACCESS TO CREDIT FOR FARMERS. SO I THINK THIS SENSE OF CONGRESS EMPHASIZES THAT FARMING AND RANCHING AND AGRICULTURE IS AN INTEGRAL PART OF OUR ECONOMY, IT IS AN INTEGRAL PART OF OUR SMALL BUSINESS COMMUNITY AND I THINK HIGHLIGHTS THAT. AND SO I APPRECIATE THE GENTLEMAN FROM IOWA BRINGING THAT FORWARD AND I SUPPORT THE AMENDMENT. WITH THAT I YIELD BACK MY TIME.

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  • 01:01:56 PM

    THE CHAIR

    YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM IOWA.

  • 01:02:01 PM

    MR. LOEBSACK

    SPEAKER, I WANT TO THANK MY COLLEAGUES FOR THEIR CONSIDERATION OF THIS…

    SPEAKER, I WANT TO THANK MY COLLEAGUES FOR THEIR CONSIDERATION OF THIS AMENDMENT AND WANT TO URGE ITS PASSAGE AND AT THIS TIME I YIELD BACK THE BALANCE OF MY TIME.

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  • 01:02:10 PM

    THE CHAIR

    THE GENTLEMAN HAS YIELDED THE REMAINDER OF HIS TIME. THE QUESTION IS ON…

    THE GENTLEMAN HAS YIELDED THE REMAINDER OF HIS TIME. THE QUESTION IS ON THE AMENDMENT OFFERED BY THE GENTLEMAN FROM IOWA, MR. LOEBSACK. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, THE AYES HAVE IT. THE AMENDMENT IS AGREED TO. IT IS NOW IN ORDER TO CONSIDER AMENDMENT NUMBER 17 PRINTED IN PART C OF HOUSE REPORT 111-506. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM TEXAS SEEK RECOGNITION?

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  • 01:02:41 PM

    MR. GREEN

    CHAIR, I RISE AS A DESIGNEE TO SPEAK FOR MS. CHU. AND I HAVE AN AMENDMENT…

    CHAIR, I RISE AS A DESIGNEE TO SPEAK FOR MS. CHU. AND I HAVE AN AMENDMENT AT THE DESK.

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  • 01:02:50 PM

    THE CHAIR

    WILL DESIGNATE THE AMENDMENT.

  • 01:02:53 PM

    THE CLERK

    NUMBER 17 PRINTED IN PART C OF HOUSE REPORT 111-506 OFFERED BY MR. AL…

    NUMBER 17 PRINTED IN PART C OF HOUSE REPORT 111-506 OFFERED BY MR. AL GREEN OF TEXAS.

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  • 01:03:02 PM

    THE CHAIR

    FROM TEXAS AND A MEMBER OPPOSED EACH WILL CONTROL FIVE MINUTES. THE CHAIR…

    FROM TEXAS AND A MEMBER OPPOSED EACH WILL CONTROL FIVE MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM TEXAS.

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  • 01:03:14 PM

    MR. GREEN

    MADAM CHAIR. MADAM CHAIR, THIS AMENDMENT IS ONE THAT WILL ADD ADDITIONAL…

    MADAM CHAIR. MADAM CHAIR, THIS AMENDMENT IS ONE THAT WILL ADD ADDITIONAL LANGUAGE TO THE REQUIREMENT THAT THERE BE MINORITY OUTREACH IN THIS PROGRAM. IT'S IMPORTANT FOR ME TO STATE THAT I HAVE A DISTRICT THAT I REPRESENT THAT IS CURRENTLY ABOUT 36% AFRICAN-AMERICAN, 31% LATINO, 21% ANGLO AND 12% ASIAN. IT'S IMPORTANT TO NOTE THAT IN MY DISTRICT THE BALLOT IS PRINTED IN THREE LANGUAGES. IT'S PRINTED IN ENGLISH, SPANISH AND VIETNAMESE. THIS AMENDMENT FURTHERS THE NOTION THAT PERSONS WHO SPEAK LANGUAGES OTHER THAN ENGLISH WILL HAVE AN OPPORTUNITY TO HAVE MATERIALS THAT ARE SENSITIVE. THIS AMENDMENT WOULD REQUIRE THAT APPROPRIATE MATERIALS WHEN PUBLISHED BE IN LANGUAGES THAT ARE CULTURALLY AND LINGUISTICALLY SENSITIVE. IT ALSO REQUIRES THAT ADVERTISING RECEIVE THE SAME SORT OF CONSIDERATION, GIVEN THAT WE'RE TRYING TO REACH MARKETS WHEREIN WE DO HAVE PERSONS WHO CAN BETTER UNDERSTAND WHAT IS BEING CONVEYED IF THEY HAVE THE OPPORTUNITY TO DO SO IN A LANGUAGE THAT THEY ARE COMFORTABLEEWITH. BY THE WAY, I WOULD ADD THAT MANY PEOPLE WHO SPEAK ENGLISH HAVE DIFFICULTY WITH FINANCIAL DOCUMENTS AS WAS INDICATED BY A PREVIOUS AMENDMENT. IMAGINE, IF WILL YOU, SPEAKING ENGLISH BUT IT IS NOT A LANGUAGE THAT YOU ARE AS COMFORTABLE WITH AS PERHAPS ANOTHER LANGUAGE. THIS WOULD ASSIST PERSONS WITH THE UNDERSTANDING THAT THEY SHOULD HAVE, SO AS TO PARTICIPATE IN THE PROGRAM. THE AMENDMENT WOULD ALSO HAVE DATA DISAGGREGATED. WE FIND THAT THE INFORMATION THAT WE COLLECT TOO OFTEN DOES NOT DISAGGREGATE AS IT RELATES TO THE ASIAN COMMUNITY. THE ASIAN AMERICAN COMMUNITY, I MIGHT ADD. AND WE WOULD HAVE THIS INFORMATION DISAGGREGATED SO WE MIGHT ASCERTAIN WHETHER OR NOT WE HAVE PERSONS WHO ARE NOT ONLY OF WEALTH IN THE COMMUNITY BUT ALSO FIND OUT ABOUT PERSONS WHO MAY NOT BE AS WEALTHY AS MANY OTHERS. WITH THIS SAID, I WILL RESERVE THE BALANCE OF MY TIME.

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  • 01:05:28 PM

    THE CHAIR

    THE GENTLEMAN RESERVES. THE GENTLEMAN FROM TEXAS.

  • 01:05:31 PM

    MR. NEUGEBAUER

    YES, I RISE IN OPPOSITION -- CLAIM TIME IN OPPOSITION ALTHOUGH I AM NOT…

    YES, I RISE IN OPPOSITION -- CLAIM TIME IN OPPOSITION ALTHOUGH I AM NOT OPPOSED TO THE BILL.

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  • 01:05:36 PM

    THE CHAIR

    WITHOUT OBJECTION, THE GENTLEMAN IS RECOGNIZED.

  • 01:05:39 PM

    MR. NEUGEBAUER

    I THANK THE GENTLEMAN FOR THAT AND -- BASICALLY THE AMENDMENT WOULD…

    I THANK THE GENTLEMAN FOR THAT AND -- BASICALLY THE AMENDMENT WOULD REQUIRE AN APPLICANT FOR THE SMALL BUSINESS LENDING FUND TO PLAN FOR APPROPRIATE OUTREACH AND REQUIRE THAT SUCH OUTREACH IS PERFORMED AFTER RECEIVING THE FUNDS. I THINK THAT COULD BE APPROPRIATE THERE. AS I UNDERSTAND IT, THE REQUIREMENTS OF THIS FALL TO THE ELIGIBLE INSTITUTIONS AND THERE'S NO ADDITIONAL MONEY APPROPRIATED FOR THAT, BUT THEY WOULD DO THAT OUT OF THEIR OWN OPERATING EXPENSES. IS THAT CORRECT?

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  • 01:06:12 PM

    MR. GREEN

    THIS IS CORRECT. IF THE GENTLEMAN YIELDS, YOUR ASSUMPTION IS CORRECT.

  • 01:06:22 PM

    THE CHAIR

    HAS YIELDED THE REMAINDER OF HIS TIME.

  • 01:06:25 PM

    MR. GREEN

    YES. AT THIS TIME I WOULD RECOGNIZE MS. CHU FOR AS MUCH TIME AS SHE MAY…

    YES. AT THIS TIME I WOULD RECOGNIZE MS. CHU FOR AS MUCH TIME AS SHE MAY CONSUME.

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  • 01:06:30 PM

    THE CHAIR

    WITHOUT OBJECTION, THE GENTLELADY FROM CALIFORNIA IS RECOGNIZED.

  • 01:06:33 PM

    MS. CHU

    THANK YOU, MADAM SPEAKER. THE SMALL BUSINESS LENDING ACT IS CRITICAL TO…

    THANK YOU, MADAM SPEAKER. THE SMALL BUSINESS LENDING ACT IS CRITICAL TO HELPING SMALL BUSINESSES ACROSS THE COUNTRY AND THEREFORE CRITICAL TO HELPING PEOPLE BECAUSE SMALL BUSINESSES CREATE MORE JOBS THAN ANYONE ELSE. SMALL BUSINESSES SUSTAIN THEIR COMMUNITIES. OUR AMENDMENT ENSURES THAT WE DON'T LEAVE MINORITY BUSINESS OWNERS BEHIND. MINORITY BUSINESS OWNERS NEED EVERY OPPORTUNITY TO GROW, CREATE JOBS AND CONTRIBUTE TO THEIR COMMUNITY. BUT THERE ARE BARRIERS. OUR AMENDMENT MAKES SURE THAT BANK LENDING PLANS, OUTREACH AND ADVERTISING ARE CULTURALLY AND LINGUISTICALLY APPROPRIATE FOR DIVERSE BUSINESSES. THIS PROVISION IS ESSENTIAL FOR THE ASIAN AMERICAN-PACIFIC ISLANDER COMMUNITY BECAUSE GOVERNMENT PROGRAMS CAN MISS IMPORTANT DETAILS WHEN THEY DON'T ACCOUNT FOR CULTURAL AND LINGUISTIC DIFFERENCES. TAKE THE CENSUS BUREAU, FOR INSTANCE, WHICH PROVIDES SO MANY FUNDS FOR OUR COMMUNITIES. EARLIER THIS YEAR THEY MISTRANSLATED PART OF THE VIETNAMESE CENSUS FORMS. THEY USED A PHRASE CONNECTED TO THE PREVIOUS GOVERNMENT REGIME. IT MEANT GOVERNMENT INVESTIGATION AND PLACED -- IN PLACE OF THE WORD CENSUS. CLEARLY THIS IS NO MINOR GAFF. THIS LANGUAGE IN THIS AMENDMENT ENSURES THAT FUTURE OUTREACH DOESN'T REPEAT THESE MISTAKES, EXCLUDING DESERVING BUSINESSES FROM GREAT OPPORTUNITIES. BUT IT'S NOT JUST MINORITY BUSINESSES THAT NEED ACCESS TO THIS PROGRAM. MINORITY-OWNED BANKS ALSO DESERVE THE RIGHT TO COMPETE. THAT'S WHY OUR AMENDMENT MAKES SURE SUCH INSTITUTIONS RECEIVE CONSIDERATION DURING THE PROGRAM'S IMPLEMENTATION. MINORITY-OWNED BANKS PLAY A VITAL ROLE IN THE ASIAN-PACIFIC ISLANDER AND MINORITY BUSINESS DEVELOPMENT ENDEVENER AND TOGETHER THEY ENHANCE THE COUNTRY'S ECONOMIC RECOVERY AND LONG-TERM GROWTH. MINORITY FIRMS CURRENTLY PROVIDE NEARLY FIVE MILLION STEADY JOBS BUT COULD POTENTIALLY CREATE OVER 11 MILLION MORE. OUR AMENDMENT HELPS THEM DO SO. I ASK MY COLLEAGUES TO SUPPORT THIS AMENDMENT BECAUSE IT ELIMINATES OBSTACLES IN THE WAY OF OUR NATION'S NYE MORTGAGE BUSINESSES AND IF A -- MINORITY BUSINESSES AND FACILITATES THEIR GROWTH DURING THESE VERY TOUGH ECONOMIC TIMES.

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  • 01:08:45 PM

    THE CHAIR

    I WILL RESERVE.

  • 01:08:53 PM

    THE CHAIR

    FROM TEXAS HAS ONE MINUTE REMAINING. THE GENTLEMAN ON THE OTHER SIDE HAS…

    FROM TEXAS HAS ONE MINUTE REMAINING. THE GENTLEMAN ON THE OTHER SIDE HAS YIELDED. THE GENTLEMAN FROM TEXAS HAS YIELDED.

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  • 01:09:05 PM

    MR. GREEN

    YIELD THE BALANCE OF MY TIME AS WELL.

  • 01:09:08 PM

    THE CHAIR

    I MOVE THAT THE COMMITTEE RISE.

  • 01:09:36 PM

    MS. BEAN

    I MOVE THAT THE COMMITTEE RISE.

  • 01:09:39 PM

    THE CHAIR

    THE QUESTION IS ON THE MOTION TO RISE. THOSE IN FAVOR SAY AYE. THOSE…

    THE QUESTION IS ON THE MOTION TO RISE. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. THE AYES HAVE IT. THE COMMITTEE RISES.

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  • 01:10:18 PM

    THE SPEAKER PRO TEMPORE

    THE HOUSE WILL COME TO ORDER. MADAM CHAIR.

  • 01:10:28 PM

    THE CHAIR

    OF THE WHOLE HOUSE ON THE STATE OF THE UNION, HAVING HAD UNDER…

    OF THE WHOLE HOUSE ON THE STATE OF THE UNION, HAVING HAD UNDER CONSIDERATION H.R. 5297, DIRECTS ME TO REPORT THAT IT HAS COME TO NO RESOLUTION THEREON.

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  • 01:10:42 PM

    THE SPEAKER PRO TEMPORE

    THE CHAIR OF THE COMMITTEE OF THE WHOLE HOUSE ON THE STATE OF THE UNION…

    THE CHAIR OF THE COMMITTEE OF THE WHOLE HOUSE ON THE STATE OF THE UNION REPORTS THAT THE COMMITTEE HAS HAD UNDER CONSIDERATION H.R. 5297 AND HAS COME TO NO -- TO NO RESOLUTION THEREON.

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  • 01:11:17 PM

    THE SPEAKER PRO TEMPORE

    PURSUANT TO LAWS 8 OF RULE 20, THE CHAIR WILL POSTPONE FURTHER PROCEEDINGS…

    PURSUANT TO LAWS 8 OF RULE 20, THE CHAIR WILL POSTPONE FURTHER PROCEEDINGS TODAY ON MOTIONS TO SUSPEND THE RULES ON WHICH A RECORDED VOTE OR THE YEAS AND NAYS ARE ORDERED. OR ON WHICH THE VOTE INCURS OBJECTION UNDER CLAUSE 6 OF RULE 20. RECORDED VOTES ON POSTPONED QUESTIONS WILL BE TAKEN LATER. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM CONNECTICUT SEEK RECOGNITION?

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  • 01:11:46 PM

    >>

    I MOVE THAT THE HOUSE SUSPEND THE RULES AND AGREE TO H.R. 4451, THE…

    I MOVE THAT THE HOUSE SUSPEND THE RULES AND AGREE TO H.R. 4451, THE COLLINSVILLE RENEWABLE ENERGY PROMOTIONS ACT, AS AMENDED.

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  • 01:11:54 PM

    THE SPEAKER PRO TEMPORE

    THE CLERK WILL REPORT THE TITLE OF THE BILL.

  • 01:11:58 PM

    THE CLERK

    NUMBER 289, A BILL TO REINSTATE AND TRANSFER CERTAIN HYDROELECTRIC…

    NUMBER 289, A BILL TO REINSTATE AND TRANSFER CERTAIN HYDROELECTRIC LICENSES AND EXTEND THE DEADLINE FOR COMMENCEMENT OF CONSTRUCTION AND CERTAIN HYDROELECTRIC PROJECTS.

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  • 01:12:10 PM

    THE SPEAKER PRO TEMPORE

    PURSUANT TO THE RULE, THE GENTLEMAN FROM CONNECTICUT, MR. MURPHY, AND THE…

    PURSUANT TO THE RULE, THE GENTLEMAN FROM CONNECTICUT, MR. MURPHY, AND THE GENTLEMAN FROM NEBRASKA, MR. TERRY, EACH WILL CONTROL 20 MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM CONNECTICUT.

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  • 01:12:22 PM

    MR. MURPHY

    I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS TO…

    I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS TO REVISE AND EXTEND THEIR REMARKS AND INCLUDE EXTRANEOUS MATERIAL ON THE RECORD.

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  • 01:12:30 PM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION.

  • 01:12:32 PM

    MR. MURPHY

    MADAM SPEAKER, I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

  • 01:12:35 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN IS RECOGNIZED.

  • 01:12:37 PM

    MR. MURPHY

    MADAM SPEAKER, THE LEGISLATION BEFORE THE HOUSE TODAY IS PRETTY SIMPLE. IT…

    MADAM SPEAKER, THE LEGISLATION BEFORE THE HOUSE TODAY IS PRETTY SIMPLE. IT WILL PERMIT SEVERAL COMMUNITIES IN MY DISTRICT, THE DISTRICT OF CONNECTICUT, TO OPERATE TWO NOW DEFUNCT HYDROELECTRIC DAMS AS MUNICIPAL POWER SOURCES. THE DAMS ON THE UPPER AND LOWER COLLINSVILLE DAMS HAVE LAID DORMANT IN CONNECTICUT'S FARMINGTON RIVER SINCE THE 1960'S. THE LICENSES PREVIOUSLY ISSUED TO OPERATE BOTH THESE DAMS ARE CURRENTLY INACTIVE AND THIS LEGISLATION WOULD ALLOW IT FOR THEM TO REINSTATE AND TRANSFER THEM TO THE TOWN OF CANTON, CONNECTICUT, FOR OPERATION. THE STATE LEGISLATOR HAS PASSED -- LEGISLATURE HAS PASSED THIS BUT FEDERAL LEGISLATION IS ALSO NEEDED TO RESTORE THEIR OPERATION. THESE SMALL DAMS, ALREADY A BELOVED AND LONG STANDING SYMBOL OF THE VALLEY'S RICH HISTORY, THEY USED TO POWER A VERY WELL-KNOWN AND THRIVING AXE FACTORY ON THE SITE. THIS LEGISLATION WOULD ALLOW FOR ADDITIONAL COMMENTS AND FOR ENVIRONMENTAL DATA TO BE CONSIDERED BY FERC PRY -- PRIOR TO TAKING ANY ACTION, ENSURING THAT THE RIVER'S HEALTH AND THE REGION'S HEALTH IS WELL PROTECTED. LEGISLATION HAS BEEN DRAFTED OVER THE COURSE OF MANY MONTHS, WITH THE CLOSE COOPERATION OF FERC, WHO IS UNOPPOSED TO THE LEGISLATION, AND WE PUT TOGETHER A BIPARTISAN COALITION OF STAKEHOLDERS, INCLUDING ALL OF THE AFFECTED COMMUNITIES, THE GOVERNOR OF THE STATE OF CONNECTICUT AND REGIONAL AND NATIONAL RIVER PROTECTION ORGANIZATIONS. SIMPLY PUT, THERE IS BROAD AND DEEP CONSENSUS AND AGREEMENT THAT THESE DAMS REPRESENT A VALUABLE SOURCE OF RENEWABLE ENERGY, RIGHT IN THE HEART OF SUBURBAN CONNECTICUT. AND WHILE WE WORK HERE IN THE HOUSE AND THE SENATE TO ENACT MUCH BROADER AND SWEEPING POLICIES TO TRY TO PROMOTE RENEWABLE ENERGY DEVELOPMENT AROUND THIS COUNTRY, WE NEED TO ALSO RECOGNIZE THAT IN SOME PARTS OF THIS NATION THERE ARE SOME VERY LOCALLY PRODUCED, LOCALLY DRIVEN PROJECTS LIKE THIS ONE IN CANTON AND AVON, CONNECTICUT, THAT CAN PRODUCE SOME PRETTY IMMEDIATE EFFECTS FOR LOCAL RATE PAYERS, PROVIDING THEM WITH CLEAN, RENEWABLE, LOCALLY PRODUCED AND LOCALLY RUN ENERGY. I'D LIKE TO THANK CHAIRMAN WAXMAN AND CHAIRMAN MARKEY AND RANKING MEMBERS BARTON AND UPTON FOR THEIR HELP IN BRICKING -- BRINGING THIS LEGISLATION TO THE FLOOR. AND I WOULD URGE PASSAGE TODAY OF H.R. 4451. I RESERVE THE BALANCE OF MY TIME.

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  • 01:15:04 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM…

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM NEBRASKA.

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  • 01:15:08 PM

    MR. TERRY

    MR. SPEAKER, I YIELD MYSELF AS MUCH TIME AS I MAY CONSUME.

  • 01:15:12 PM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION.

  • 01:15:14 PM

    MR. TERRY

    I RISE TODAY ON BEHALF OF OUR SIDE OF THE AISLE, THE ENERGY AND COMMERCE…

    I RISE TODAY ON BEHALF OF OUR SIDE OF THE AISLE, THE ENERGY AND COMMERCE COMMITTEE, AND REPORT THAT WE HAVE ABSOLUTELY NO OPPOSITION AND ACTUALLY SUPPORT THIS BILL. MR. SPEAKER, WE'RE CONSIDERING THE COLLINSVILLE RENEWABLE ENERGY PROMOTION ACT. THIS WAS CONSIDERED IN THE MARKUP OF THE COMMITTEE ON ENERGY AND COMMERCE ON MARCH 24, AND IN A MARKUP OF THE FULL COMMITTEE ON MAY 26, BOTH TIMES PASSING BY A VOICE VOTE. THE PURPOSE OF THIS BILL IS TO AUTHORIZE THE FEDERAL ENERGY REGULATORY COMMISSION, ALSO KNOWN AS FERC, TO REINSTATE THE TERMINATED LICENSES FOR THE UPPER AND LOWER COLLINSVILLE DAMS HYDROELECTRIC PROJECTS AND TO EXTEND FOR TWO YEARS AFTER THE DATE OF ANY SUCH REINSTATEMENT THE DATE BY WHICH THE LICENSEES REQUIRED TO COMMENCE CONSTRUCTION AND IN THE EVENT THAT FERC REINSTATES THE LICENSES TO REQUIRE FERC TO TRANSFER SUCH LICENSES TO THE TOWN OF CANTON, CONNECTICUT. I COMMEND REPRESENTATIVE MURPHY FOR OFFERING AN AMENDMENT IN THE NATURE OF A SUBSTITUTE AT THE FULL COMMITTEE MARKUP THAT MADE TWO IMPORTANT CHANGES. THE FIRST IS REQUIRING FERC TO PROVIDE AN OPPORTUNITY FOR THE SUBMISSION OF COMMENTS BY INTERESTED PERSONS BEFORE REINSTATING ONE OR BOTH OF THE TERMINATED LICENSES. THEREFORE, INTERESTED PARTIES WILL HAVE AN OPPORTUNITY TO ADDRESS ANY CONCERNS WITH FERC. AND THE SECOND IS TO INCLUDE A NEW SECTION 6 WHICH WOULD CLARIFY THAT NOTHING IN H.R. 4451 WOULD DIMINISH OR EXTINGUISH ANY EXISTING RIGHTS UNDER SUCH LICENSE. MR. SPEAKER, THIS BILL HAS NO DIRECT COST. WE ARE IN SUPPORT OF THE BILL. THANK YOU, MR. SPEAKER, AND I WILL RESERVE THE BALANCE OF MY TIME.

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  • 01:17:10 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM…

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM CONNECTICUT.

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  • 01:17:14 PM

    MR. MURPHY

    THE GENTLEMAN FOR HIS SUPPORT OF THE BILL AND FOR WORKING WITH US AND…

    THE GENTLEMAN FOR HIS SUPPORT OF THE BILL AND FOR WORKING WITH US AND PROVIDING THE AMENDMENT THAT HE REFERENCED. I THINK IT'S IMPORTANT TO UNDERSCORE HIS POINT THAT THIS IS NOT A REQUIREMENT THAT FERC REISSUE THESE LICENSES TO THE TOWN OF CANTON. IT'S JUST PERMISSIVE LANGUAGE ALLOWING THEM TO DO THAT GIVEN PROPER ENVIRONMENTAL REVIEW AND PROPER AVAILABILITY OF COMMENT FROM OTHER INTERESTED PARTIES. THIS REALLY IS AN EXAMPLE OF HOW LOCAL POWER PRODUCTION CAN BE DONE RIGHT. THIS IS A NONPARTISAN LOCAL ISSUE. REPUBLICANS AND DEMOCRATS AT THE LOCAL AND STATE LEVEL, ALONG WITH ADMINISTRATION IN THE STATE OF CONNECTICUT COMING TOGETHER TO TRY TO PROMOTE A PROJECT THAT CAN BRING TWO LONG DORMENT DAMS ONLINE. I WOULD ALSO NOTE THAT THE RECONSTRUCTION OF THE DAMS WOULD ALLOW FOR THE POTENTIAL FISH PASSAGE ALONG A STREAM THAT HAS FOR A LONG-STANDING TIME NOT ALLOWED FOR THAT PASSAGE. THERE IS MULTIPLE BENEFITS TO THE COMMUNITY AND RATEPAYERS AND I THANK THE GENTLEMAN'S SUPPORT OF THE BILL. WITH THAT I'D RESERVE UNLESS THE GENTLEMAN HAS ANY ADDITIONAL COMMENTS.

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  • 01:18:24 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM NEBRASKA.

  • 01:18:26 PM

    MR. TERRY

    NO ADDITIONAL SPEAKERS, SO I WILL YIELD BACK THE REMAINING TIME.

  • 01:18:34 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK THE REMAINING TIME. THE GENTLEMAN FROM…

    THE GENTLEMAN YIELDS BACK THE REMAINING TIME. THE GENTLEMAN FROM CONNECTICUT.

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  • 01:18:38 PM

    MR. MURPHY

    SUPPORT OF THE BILL AND YIELD BACK THE REMAINDER OF OUR TIME AS WELL.

  • 01:18:41 PM

    THE SPEAKER PRO TEMPORE

    THE TIME HAS YIELDED BACK. THE QUESTION IS WILL THE HOUSE SUSPEND THE…

    THE TIME HAS YIELDED BACK. THE QUESTION IS WILL THE HOUSE SUSPEND THE RULES AND PASS H.R. 4451 AS AMENDED. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, 2/3 HAVING RESPONDED IN THE AFFIRMATIVE, THE RULES ARE SUSPENDED, THE BILL IS PASSED AND WITHOUT OBJECTION, THE MOTION TO RECONSIDER IS LAID ON THE TABLE.

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  • 01:19:35 PM

    THE SPEAKER PRO TEMPORE

    FOR WHAT PURPOSE DOES THE GENTLEMAN FROM TENNESSEE RISE?

  • 01:19:40 PM

    MR. COHEN

    MR. SPEAKER, I MOVE TO SUSPEND THE RULES AND PASS HOUSE CONCURRENT…

    MR. SPEAKER, I MOVE TO SUSPEND THE RULES AND PASS HOUSE CONCURRENT RESOLUTION 242.

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  • 01:19:45 PM

    THE SPEAKER PRO TEMPORE

    THE CLERK WILL REPORT THE TITLE OF THE CONCURRENT RESOLUTION.

  • 01:19:48 PM

    THE CLERK

    HOUSE CONCURRENT RESOLUTION 242, CONCURRENT RESOLUTION HONORING AND…

    HOUSE CONCURRENT RESOLUTION 242, CONCURRENT RESOLUTION HONORING AND PRAISING THE NATIONAL ASSOCIATION FOR THE ADVANCEMENT OF COLORED PEOPLE ON THE OCCASION OF ITS 101ST ANNIVERSARY.

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  • 01:19:59 PM

    THE SPEAKER PRO TEMPORE

    PURSUANT TO THE RULE, THE GENTLEMAN FROM TENNESSEE, MR. COHEN, AND THE…

    PURSUANT TO THE RULE, THE GENTLEMAN FROM TENNESSEE, MR. COHEN, AND THE GENTLEMAN FROM TEXAS, MR. SMITH, EACH WILL CONTROL 20 MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM TENNESSEE.

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  • 01:20:12 PM

    MR. COHEN

    WITHOUT OBJECTION.

  • 01:20:19 PM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION.

  • 01:20:22 PM

    MR. COHEN

    I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

  • 01:20:24 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN IS RECOGNIZED.

  • 01:20:26 PM

    MR. COHEN

    YOU, MR. SPEAKER. HOUSE CONCURRENT RESOLUTION 242 HONORS ONE OF OUR…

    YOU, MR. SPEAKER. HOUSE CONCURRENT RESOLUTION 242 HONORS ONE OF OUR NATION'S OLDEST AND MOST ESTEEMED CIVIL RIGHTS ORGANIZATIONS, THE NATIONAL ASSOCIATION FOR THE ADVANCEMENT OF COLORED PEOPLE, KNOWN AS THE NAACP, ALSO KNOWN AS THE CONSCIENCE OF THE UNITED STATES CONGRESS. THIS YEAR THE NAACP CELEBRATES %% ITS 101ST ANNIVERSARY AND ITS ONGOING EFFORTS TO PRODUCE JUSTICE AND EQUALITY FOR ALL AMERICANS, NOT JUST AMERICANS OF COLOR, BUT ALL AMERICANS. I SUPPORT THE GENTLEMAN FROM TEXAS, MR. GREEN, THE SPONSOR OF THIS RESOLUTION, AND THE FORMER PRESIDENT OF THE HOUSTON BRANCH OF THE NAACP FOR HIS CONTINUED COMMITMENT FOR RECOGNIZING THE NAACP FOR ITS HISTORICAL AND CONTEMPORARY CIVIL RIGHTS CONTRIBUTIONS. AS WE CELEBRATE THE ORGANIZATION ON THIS THE 101ST ANNIVERSARY, I'D LIKE TO REFLECT ON A FEW BITS OF HISTORY CONCERNING THE NAACP. FIRST, ACKNOWLEDGING ITS HISTORY WHICH BEGAN FEBRUARY 12, 1909, WHEN THE ORGANIZATION WAS FORMED BY IDA WELLS-BARNETT, W.E.B. DUBOIS, HENRY MOSCOWITZ, MARY WHITE OVINGTON, OSWALD GARRISON VILLARD AND WILLIAM ENGLISH WALLING, A BIRACIAL GROUP THAT CONSISTED OF CHRISTIANS AND JEWS. IT IS A HISTORY THAT INCLUDES SOME OF THE MOST SIGNIFICANT MOMENTS IN OUR NATION'S GREAT STORY WHERE WE'VE COME TO A MORE PERFECT UNION. THE 1954 CASE OF BROWN VS. BOARD OF EDUCATION OF TOPEKA, THE GREAA LANDMARK SUPREME COURT CASE THAT ENDED THE SEPARATE BUT EQUAL FALLACIES THAT OUR GOVERNMENT AND LAWS LABORED UNDER SINCE PLESSY B. FERGUSON. THE CHIEF COUNSEL, THURGOOD MARSHALL, LATER ONE OF THE GREAT JUSTICES OF OUR SUPREME COURT. THE NAACP'S CONTRIBUTIONS ALSO HAVE INCLUDED SUPPORT FOR AND RALLYING AND LOBBYING FOR THE %% 1957, 1960 AND 1964 CIVIL RIGHTS ACTS, THE 1965 VOTING RIGHTS ACT AND THE 1968 FAIR HOUSING ACT WHERE CLARENCE MITCHELL LED THE WAY WITH THE NAACP. AND, OF COURSE, THE COURT CASE THAT THE NAACP WAS INVOLVED IN, LOVING VS. VIRGINIA, THAT TURNED OVER THE LAWS IN THIS NATION IN 1967. A SET OF LAWS THAT OUR PRECURSORS TO OTHER LAWS THAT STILL ARE IN DEBATE IN THIS NATION TODAY. BUT THE FIGHT DIDN'T END THERE, WHICH BRINGS ME TO MY SECOND POINT. TODAY WE'RE REMINDED OF THE NAACP'S MISSION, TO ENSURE QUALITY OF RIGHTS OF ALL PERSONS, ELIMINATE RACIAL HATRED AND DISCRIMINATION. IT'S AS IMPORTANT AS RELEVANT AS IT WAS DECADES AGO. JUST THIS YEAR A HATE CRIMES LAW WAS PASSED, SO IT'S NOT BASED ON RACE, GENDER, SEXUAL ORIENTATION, AND THE NAACP WAS THERE IN GREAT SUPPORT. THE NAACP HAS ENGAGED IN BATTLES ON MULTIPLE FRONTS ON ITS 101ST ANNIVERSARY. THE DEDICATED TEAM IS ADDRESSING ISSUES THAT IMPACT COMMUNITIES OF COLOR. IT ADVOCATES FOR QUALITY IN EDUCATION, INFLUENCES THE DEBATE ON ENVIRONMENTAL JUSTICE, WORKS IN DISPARITIES IN THE CRIMINAL JUSTICE SYSTEM, RACIAL PROFILING AND OTHER TYPES OF INJUSTICES AND LOOKS FOR EQUITY AND EQUALITY REGARDLESS OF THE ISSUE FOR ALL AMERICANS. IN ADDITION, THE NAACP IS WORKING TO PREVENT FAMILIES FROM LOSING THEIR PIECE OF THE AMERICAN DREAM DURING THIS HOUSING CRISIS BY WORKING WITH FINANCIAL INSTITUTIONS TO CHANGE THE MORTGAGE LENDING PRACTICES THAT HELPED BRING ON THIS CRISIS, PARTIES TO A LAWSUIT AGAINST WELLS FARGO IN BALTIMORE COUNTY, MARYLAND, AND IN MY HOMETOWN OF MEMPHIS, TENNESSEE. IMPROVING FAIR CREDIT ACCESS, SUPPORTING SUSTAINABLE HOMEOWNERSHIP AND PROMOTING FINANCIAL LITERACY ARE AMONG THE GREAT PRIORITIES. THE NAACP WAS SUPPORTIVE OF THE RESOLUTION THAT THE 110TH CONGRESS PASSED TO -- FOR THE FIRST TIME IN OUR NATION'S HISTORY, APOLOGIZE FOR SLAVERY AND JIM CROW LAWS AND TO MAKE CLEAR THAT THE VESTIGES OF JIM CROW AND SLAVERY WOULD BE AFFECTED BY THE FUTURE CONGRESSES. TODAY'S COMMEMORATION OF THE NAACP'S 101ST ANNIVERSARY OCCURS AS THE ORGANIZATION PREPARES FOR ITS CONVENTION, ONE NATION, ONE DREAM, THE TITLE, TO BE HELD IN KANSAS CITY, MISSOURI, ON JULY 10 THROUGH JULY 15. AT THAT TIME HUNDREDS OF NAACP LEADERS AND MEMBERS WILL CONSIDER BOWLED AND INNOVATIVE A-- BOLD AND INNOVATIVE APPROACHES TACKLING THE 21ST CENTURY. AMONG THOSE LEADERS WILL BE BENJAMIN TODD JEALOUS, THE PRESIDENT OF THE NAACP, THE CURRENT CHAIRMAN, ROSELYN BROCK, FORMER CHAIRMAN, WASHINGTON BUREAU DIRECTOR, HILLARY SHELTON, AND WENDALL ANTHONY. ALL EXHIBITED THE FEARLESS DEDICATION ON BUILDING ON THE NAACP'S GREAT LEGACY. THIS INCLUDES MANY GREAT HEROES THAT WE KNOW, DR. MARTIN LUTHER KING JR., WHO ABUST IS IN OUR CAPITOL ROTUNDA, CORETTA SCOTT KING, HIS WIDOW, ROSA PARKS, MEDGAR EVERS, BENJAMIN HOOKS. AND I MUST MENTION, A.W. WILLIS, JOHNNY TURNER AND OTHERS. THAT YOU ARE UNWAVERING COMMITMENT TO PROMOTE CIVIL RIGHTS FOR ALL AMERICANS IS A GREAT TRADITION THAT THE NAACP CONTINUES TODAY. I AM A MEMBER OF THE NAACP AND AM PROUD OF IT. I ENCOURAGE MEMBERS TO SUPPORT THE NAACP. I CONGRATULATE THE NAACP ON ITS 101ST MILESTONE AND URGE MY COLLEAGUES TO SUPPORT THIS IMPORTANT RESOLUTION AND RESERVE THE BALANCE OF MY TIME.

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  • 01:25:53 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM TEXAS.

  • 01:25:58 PM

    MR. SMITH

    WITHOUT OBJECTION.

  • 01:26:00 PM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION.

  • 01:26:03 PM

    MR. SMITH

    THIS RESOLUTION RECOGNIZES THE 101ST ANNIVERSARY OF THE FOUNDING OF THE…

    THIS RESOLUTION RECOGNIZES THE 101ST ANNIVERSARY OF THE FOUNDING OF THE NATIONAL ASSOCIATION FOR THE ADVANCEMENT OF COLORED PEOPLE. THIS RESOLUTION ALSO PRAISES THE NAACP FOR ITS WORK TO SECURE THE POLITICAL, EDUCATIONAL, SOCIAL AND ECONOMIC EQUALITY OF ALL PERSONS. pHE NAACP WAS FOUNDED ON FEBRUARY 12, 1909, IN NEW YORK CITY. THIS WAS A CENTENNIAL OF ABRAHAM LINCOLN'S PIRT. THE NAACP IS THE OLDEST AND LARGEST CIVIL RIGHTS ORGANIZATION IN THE UNITED STATES TODAY. IN 1913, THE NAACP ORGANIZED OPPOSITION TO RACIAL SEGREGATION IN FEDERAL GOVERNMENT OFFICES. THE NAACP ALSO PLAYED A KEY ROLE IN SECURING THE RIGHTS OF AFRICAN-AMERICANS TO SERVE AS OFFICERS IN WORLD WAR I. THROUGHOUT THE PAST CENTURY, THE NAACP HAS WORKED TO ACHIEVE EQUALITY OF RIGHTS FOR ALL PERSONS THROUGH NONVIOLENCE. THE NAACP'S MISSION ALSO INCLUDES THE ELIMINATION OF RACIAL HATRED AND RACIAL DISCRIMINATION. AFTER WORLD WAR I, FOR EXAMPLE, THE NAACP EXPENDED SIGNIFICANT RESOURCES IN AN EFFORT TO COMBAT THE LIMPING OF AFRICAN-AMERICANS THROUGHOUT THE UNITED STATES. THE NAACP CENTERED ITS EFFORTS AROUND EDUCATION AND LOBBYING FOR LEGISLATION. IN LATER YEARS, THE NAACP'S LEADERSHIP WAS INSTRUMENTAL IN BRINGING ABOUT THE PASSAGE OF THE CIVIL RIGHTS ACTS OF 1957, 1960 AND 1964, THE VOTING RIGHTS ACT OF 1965 AND THE DESEGREGATION OF PUBLIC SCHOOLS IN BROWN VS. BOARD OF EDUCATION IN 1954. THE -- 1964. THE NAACP CONTINUES TO WORK ON BEHALF OF ITS MISSION FOR THE RIGHTS OF ALL PEOPLE TODAY. MR. SPEAKER, I URGE MY COLLEAGUES TO SUPPORT THIS RESOLUTION, AND I HAVE NO FURTHER SPEAKERS SO I'LL YIELD BACK THE BALANCE OF MY TIME.

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  • 01:27:50 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM TENNESSEE.

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  • 01:27:54 PM

    MR. COHEN

    MR. SPEAKER. I YIELD AS MANY MINUTES AS THE GENTLEMAN FROM TEXAS, MR.…

    MR. SPEAKER. I YIELD AS MANY MINUTES AS THE GENTLEMAN FROM TEXAS, MR. GREEN, WHO IS THE SPONSOR OF THIS RESOLUTION, FORMER PRESIDENT OF THE HOUSTON BRANCH OF THE NAACP AND A GREAT MEMBER OF THIS CONGRESS, NEEDS TO ADDRESS THIS SUBJECT. AND I YIELD HIM TIME.

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  • 01:28:07 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM TEXAS IS YIELDED AS MUCH TIME AS HE MAY CONSUME.

  • 01:28:10 PM

    MR. GREEN

    YOU, MR. SPEAKER. I ESPECIALLY WANT TO THANK THE MEMBER, MEMBER COHEN, FOR…

    YOU, MR. SPEAKER. I ESPECIALLY WANT TO THANK THE MEMBER, MEMBER COHEN, FOR WORKING WITH US ON THIS RESOLUTION. I ESPECIALLY WANT TO THANK THE RANKING MEMBER, MR. SMITH, FOR HIS WORKING WITH US ON THE RESOLUTION. AND I ALSO WANT TO GIVE AN EXTRA SPECIAL, IF I MAY, THANKS TO MR. SENSENBRENNER BECAUSE THE FIRST TIME WE IITRODUCED THIS RESOLUTION HE WAS THE CHAIR OF THE JUDICIARY COMMITTEE AND HE WAS VERY HELPFUL, NOT ONLY OUTFRONT IN HELPING ME WITH THE RESOLUTION BUT ALSO BEHIND THE SCENES TO MAKE SURE WE GOT THE RESOLUTION THROUGH THE HOUSE. MR. SENSENBRENNER, I WILL BE FOREVER GRATEFUL TO YOU FOR WHAT YOU DID TO HELP US WITH THE RESOLUTION. MR. SPEAKER, I'M HONORED TODAY TO PRESENT THIS RESOLUTION BECAUSE THE NAACP STANDS FOR WHAT AMERICA STANDS FOR AND THAT IS LIBERTY AND JUSTICE FOR ALL. THE NAACP WAS FOUNDED IN 1909, AND AS WAS INDICATED, BY A DIVERSE GROUP OF AMERICANS. BUT IT'S IMPORTANT TO NOTE THAT THE NAACP HAS ALWAYS BEEN AN INTEGRATED ORGANIZATION. FROM ITS INCEPTION, IT HAS BEEN AN INTEGRATED ORGANIZATION. WHILE I APPLAUD ALL THAT HAS BEEN DONE BY THE AFRICAN-AMERICANS WHO HAVE BEEN A PART OF THE NAACP, I HAVE TO ALSO MAKE MENTION OF THE MANY OTHER PERSONS WHO ARE NOT AFRICAN-AMERICANS BECAUSE WE SIMPLY DID NOT GET HERE BY OURSELVES. THERE WERE PERSONS OF GOOD WILL , OF ALL ETHNICITIES, WHO HAVE BEEN A BENEFIT TO US TO HELP US HAVE THESE OPPORTUNITIES WE HAVE TODAY. SO TODAY WE WANT TO THANK PERSONS WHO WERE MEMBERS OF THE NAACP AT ITS INCEPTION BUT ALSO PERSONS WHO HELPED TO BRING THE NAACP ALONG THE WAY. JAMES WELDON JOHNSON WAS THE FIRST AFRICAN-AMERICAN EXECUTIVE SECRETARY OF THE NAACP. BUT IT'S IMPORTANT TO NOTE THAT PRIOR TO HIS BECOMING THE FIRST, THERE WERE FIVE OTHER EXECUTIVE SECRETARIES, NONE OF WHOM WERE AFRICAN-AMERICAN. IT'S IMPORTANT TO NOTE THAT THE NAACP ACCORDS AN AWARD ANNUALLY, IT IS KNOWN AS THE STENGARN MEDAL. THIS IS GIVEN TO A PERSON WHO HAS MADE GREAT ACHIEVEMENTS IN THE AREA OF HELPING THE HUMAN RIGHTS AND CIVIL RIGHTS STRUGGLE. IT'S IMPORTANT TO NOTE THAT THE MEDAL IS NAMED AFTER JOEL. THE SPINGARN FAMILY WERE GREAT CONTRIBUTORS TO THE NAACP. IN FACT, THURGOOD MARSHALL WAS A GREAT LITIGATER IN PART BECAUSE OF OTHER PERSONS WHO MADE CONTRIBUTIONS TO THE NAACP, THEY WERE GREAT CONTRIBUTORS AND AS A RESULT WE HAD THIS LITIGATION TO GO FORWARD. THE NAACP IS AN ORGANIZATION THAT WELCOMES ANYONE WHO DESIRES TO BE A PART OF THE FIGHT FOR HUMAN DIGNITY AND HUMAN FREEDOM. I BELIEVE THAT THE NAACP MERITS THIS SPECIAL EXPRESSION FROM THE CONGRESS OF THE UNITED STATES OF AMERICA AND I ALSO BELIEVE THAT WE SHOULD THANK SENATOR DODD BECAASE HE HAS THE SENATE CONCURRENT RESOLUTION NUMBER 3 THAT HAS 15 SENATORS WHO HAVE SIGNED ONTO IT AND HOPEFULLY WILL PASS THE SENATE. I'M ASKING ALL OF MY COLLEAGUES TO PLEASE SUPPORT THIS LEGISLATION BECAUSE THE NAACP MADE IT POSSIBLE FOR US TO SLEEP WHERE WE SLEEP, BECAUSE OF SHELLY VS. CRAMER, IT ALLOWS US TO EAT WHERE WE EAT BECAUSE OF BROWN VS. THE BOARD OF EDUCATION AND OTHER CASES ASSOCIATED WITH THIS. SO LITERALLY, WE LIVE WHERE WE LIVE, WE SLEEP WHERE WE SLEEP AND WE EAT WHERE WE EAT BECAUSE OF THE NAACP. IT HAS EARNED THE RIGHT TO BE RECOGNIZED BY THE CONGRESS OF THE UNITED STATES OF AMERICA. AND I BEG THAT MY COLLEAGUES WOULD SUPPORT THIS RESOLUTION. I YIELD BACK THE BALANCE OF MY TIME. YOU

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  • 01:32:13 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM TENNESSEE.

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  • 01:32:17 PM

    >>

    SPEAKER. I APPRECIATE THE WORK OF CONGRESSMAN GREEN FROM HOUSTON.

  • 01:32:21 PM

    MR. COHEN

    MR. SMITH, I THINK ABOUT MY WEEKEND TRIP THIS PAST WEEKEND. I WENT TO…

    MR. SMITH, I THINK ABOUT MY WEEKEND TRIP THIS PAST WEEKEND. I WENT TO AUSTIN, TEXAS. WHEN I WAS IN AUSTIN, I WAS AT THE BARBER JORDAN AIRPORT AND THE BAGGAGE AREA ON THE GROUND FLOOR THERE'S A STATUE OF BARBARA JORDAN, WHAT A GREAT MEMBER OF THE NAACP SHE WAS. AND A GREAT AMERICAN. WITH THAT I YIELD BACK THE BALANCE OF MY TIME AND ASK -- MS. WATSON REQUESTS SOME TIME. WE'D BE PLEASED IF SHE'D CONTRIBUTE. I YIELD HER AS MUCH TIME AS SHE NEEDS. SPOIM THE GENTLELADY IS RECOGNIZED.

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  • 01:32:58 PM

    MS. WATSON

    AND TO THE AUTHORS AND CO-SPONSORS OF THIS RESOLUTION, I JUST WANT TO ADD…

    AND TO THE AUTHORS AND CO-SPONSORS OF THIS RESOLUTION, I JUST WANT TO ADD TO THE TESTIMONIES THAT YOU HAVE ALREADY HEARD IN SUPPORT OF THIS RESOLUTION, COMMENDING THE NAACP, THAT MANY OF US WOULD NOT BE HERE IF NOT FOR THE WORK AND THE SUPPORT OF OTHERS OF THE NAACP. I AM A CASE IN POINT. I REMEMBER BEING ELECTED AS THE FIRST AFRICAN-AMERICAN WOMAN TO THE SECOND LARGEST SCHOOL BOARD IN THE UNITED STATES, THAT'S L.A. UNIFIED SCHOOL DISTRICT, AND IN THE CALIFORNIA STATE SENATE AS THE FIRST EVER. AND I WAS SO PROUD THAT MEMBERS CAME TO ME TO SHOW ME THEIR MEMBERSHIP IN THE NAACP. I THEN KNEW THAT THE WORK THAT WAS DONE OVER 100 YEARS AGO WAS OF SUCH VISION FOR THE FUTURE OF THIS COUNTRY AND PARTICULARLY MY STATE OF CALIFORNIA, THE LARGEST IN THE UNION, AND THE FIRST STATE TO BE A MAJORITY OF MINORITIES, THAT THAT VISION, THAT HARD WORK, THAT DEDICATION BROUGHT ABOUT JUSTICE SO THAT THE CALIFORNIA AND THE UNITED STATES OF AMERICA -- THE STATE OF CALIFORNIA AND THE UNITED STATES OF AMERICA COULD BE REFLECTIVE OF WHO WE ARE AS A PEOPLE. THE JUSTICE, THE FAIRNESS, THE FREEDOM, THE LIBERTY ALL CAME ABOUT FOR PEOPLE LIKE ME BECAUSE OF THIS ORGANIZATION AND OTHERS WHO SUPPORTED IT. SO I AM PLEASED, I AM PLEASURED AND I DO HOPE THAT ALL MEN AND WOMEN OF FAIR MINDEDNESS WILL SUPPORT WHOLE HEARTEDLY THIS RESOLUTION. THANK YOU, CONGRESSMAN, AND THANK YOU, MR. SPEAKER, FOR THE TIME.

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  • 01:35:10 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY YIELDS BACK THE BALANCE OF HER TIME. THE GENTLEMAN FROM…

    THE GENTLELADY YIELDS BACK THE BALANCE OF HER TIME. THE GENTLEMAN FROM TENNESSEE.

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  • 01:35:14 PM

    MR. COHEN

    THE BALANCE OF MY TIME. AND ASK FOR --

  • 01:35:17 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. ALL TIME HAS BEEN…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. ALL TIME HAS BEEN YIELDED BACK. THE QUESTION IS, WILL THE HOUSE SUSPEND THE RULES AND AGREE TO HOUSE CONCURRENT RESOLUTION 242. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, 2/3 OF THOSE VOTING HAVING RESPONDED IN THE AFFIRMATIVE --

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  • 01:35:30 PM

    MR. COHEN

    MR. SPEAKER, WE REQUEST THE YEAS AND NAYS.

  • 01:35:32 PM

    THE SPEAKER PRO TEMPORE

    THE RESOLUTION IS AGREED TO. THE YEAS AND NAYS ARE REQUESTED. ALL THOSE IN…

    THE RESOLUTION IS AGREED TO. THE YEAS AND NAYS ARE REQUESTED. ALL THOSE IN FAVOR OF TAKING THIS VOTE BY THE YEAS AND NAYS WILL RISE AND REMAIN STANDING UNTIL COUNTED. A SUFFICIENT NUMBER HAVING ARISEN, THE YEAS AND NAYS ARE ORDERED. PURSUANT TO CLAUSE 8 OF RULE 20, THE -- AND THE CHAIR'S PRIOR ANNOUNCEMENT, FURTHER PROCEEDINGS ON THIS VOTE THE YEAS ARE MOTION WILL BE POSTPONED. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM TENNESSEE RISE?

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  • 01:35:59 PM

    MR. COHEN

    MR. SPEAKER, I MOVE TO SUSPEND THE RULES AND PASS HOUSE RESOLUTION 1422.

  • 01:36:03 PM

    THE SPEAKER PRO TEMPORE

    THE CLERK WILL REPORT THE RESOLUTION.

  • 01:36:06 PM

    THE CLERK

    RESOLUTION HONORING THE DEPARTMENT OF JUSTICE ON THE OCCASION OF ITS 140TH…

    RESOLUTION HONORING THE DEPARTMENT OF JUSTICE ON THE OCCASION OF ITS 140TH ANNIVERSARY.%%

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  • 01:36:12 PM

    THE SPEAKER PRO TEMPORE

    PURSUANT -- PURSUANT TO THE RULE, THE GENTLEMAN FROM TENNESSEE, MR. COHEN,…

    PURSUANT -- PURSUANT TO THE RULE, THE GENTLEMAN FROM TENNESSEE, MR. COHEN, AND THE GENTLEMAN FROM TEXAS, MR. SMITH, EACH WILL CONTROL 20 MINUTES. THE CHAIR NOW RECOGNIZES THE GENTLEMAN FROM TENNESSEE.

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  • 01:36:21 PM

    MR. COHEN

    I ASK UNANIMOUS CONSENT ALL MEMBERS HAVE FIVE LEGISLATIVE DAYS TO REVISE…

    I ASK UNANIMOUS CONSENT ALL MEMBERS HAVE FIVE LEGISLATIVE DAYS TO REVISE AND EXTEND THEIR REMARKS AND INSERT EXTRANEOUS MATERIAL.

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  • 01:36:28 PM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION. THE GENTLEMAN FROM WISCONSIN, MR. SENSENBRENNER, WILL…

    WITHOUT OBJECTION. THE GENTLEMAN FROM WISCONSIN, MR. SENSENBRENNER, WILL BE RECOGNIZED. SO, MR. COHEN.

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  • 01:36:35 PM

    MR. COHEN

    MYSELF SUCH TYPE AS I MAY CONSUME.

  • 01:36:37 PM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION.

  • 01:36:39 PM

    MR. COHEN

    MR. SPEAKER, HOUSE RESOLUTION 1422 RECOGNIZES A 140TH ANNIVERSARY OF THE…

    MR. SPEAKER, HOUSE RESOLUTION 1422 RECOGNIZES A 140TH ANNIVERSARY OF THE CREATION OF THE CREATION OF THE DEPARTMENT OF JUSTICE. SINCE 1870, THE DEPARTMENT HAS BEEN TASKED WITH ENFORCING OUR LAWS, ENSURING THE FAIR AND IMPARTIAL ADMINISTRATIVE JUSTICE FOR ALL AMERICANS. THE DEPARTMENT HAS LONG BEEN SERVED WITH DISTINCTION AND COURAGE BY ATTORNEYS, INVESTIGATORS AND PROSECUTORS AT MAIN JUSTICE AND IN THE FIELD. ITS DIVISIONS AND COMPONENTS DO IMPORTANT WORK FOR THE AMERICAN PEOPLE IN CRIMINAL LAW, CIVIL LITIGATION, ENVIRONMENTAL LAW, ANTITRUST LAW, TAX LAW AND THE ADMINISTRATION OF JUSTICE-RELATED GRANTS. WE ESPECIALLY APPRECIATE THE EFFORTS AND SACRIFICES OF LAW ENFORCEMENT OFFICERS SERVING IN COMPONENTS SUCH AS THE F.B.I., THE D.E.A., A.T.F. AND THE U.S. MARSHALS OFFICE. I'D LIKE TO HIGHLIGHT THREE IMPORTANT POINTS TODAY AS WE COMMEMORATE THE ANNIVERSARY OF THE DEPARTMENT. FIRST, THE DEPARTMENT HAS PLAYED AN INTEGRAL PART IN PROMOTING JUSTICE FOR ALL AMERICANS. SINCE ITS CREATION, THE DEPARTMENT HAS HANDLED THE LEGAL BUSINESS OF THE UNITED STATES WITH CONTROL OVER ALL CRIMINAL PROSECUTION AND CIVIL SUITS IN WHICH THE UNITED STATES HAS AN INTEREST. THROUGH THE CIVIL RIGHTS DIVISION, THE DEPARTMENT ENFORCES FEDERAL LAW, PROHIBITING DISCRIMINATION ON THE BASIS OF RACE, COLOR, SEX, DISABILITY, RELIGION, IF A MILLIAL STATUS AND COUNTRY ORIGIN. THE DEPARTMENT OF JUSTICE USED ITS NEWFOUND AUTHORITY TO INITIATE DESEGREGATION OF SCHOOL DISTRICTS ACROSS THIS NATION. AND THROUGHOUT ITS ENFORCEMENT OF THE VOTING RIGHTS ACT OF 1965, THE DEPARTMENT HELPED CURTAIL THE INJUSTICE OF AFRICAN-AMERICAN VOTERS BEING PREVENTED FROM EXERCISING THE RIGHT TO VOTE. THE JUSTICE DEPARTMENT ALSO CONTINUES TO VIGOROUSLY ENFORCE THE AMERICANS WITH DISABILITIES ACT, TO ENSURE THAT PEOPLE LIVING WITH DISABILITIES ARE NOT DISCRIMINATED AGAINST EMPLOYMENT, BY PUBLIC ENTITIES IN TRANSPORTATION OR PUBLIC ACCOMMODATIONS. THE GREAT STRIDES WE HAVE MADE IN SECURING RIGHTS FOR ALL AMERICANS TO ATTAIN AN EDUCATION, ACCESS THE VOTING BOOTH AND SECURE JOBS AND HOUSING REGARDLESS OF RACE, GENDER OR NATIONAL ORIGIN ARE NO SMALL BATTER DUE TO THE THANKS THE DEPARTMENT OF -- DUE TO THE THANKS OF THE DEPARTMENT OF JUSTICE. THEY'VE PROTECTED AMERICANS FROM ACTS OF TERRORISM, WHETHER FOREIGN OR DOMESTIC. SINCE THE TERRORIST ATTACKS AT THE WORLD TRADE CENTER IN 1993 AND THE FEDERAL BUILDING AT OKLAHOMA CITY IN 1995 AND THE ATTACKS ON SEPTEMBER 11, IT HAS BEEN THE DEPARTMENT'S HIGHEST PRIORITY TO PROSECUTE AND BRING TO JUSTICE PERPETRATORS OF TERRORISM. HOWEVER, IT IS IMPORTANT THAT IN ITS EFFORT TO COMBAT TERRORISM, THE DEPARTMENT'S EQUALLY VIGILANT IN UPHOLDING JUSTICE AND OBSERVING THE CONSTITUTIONAL RIGHTS OF AMERICANS THAT IT'S RESPONSIBLE FOR ENFORCING. THIS MEANS A COMMITMENT TO DO PROCESS AND TRANSPARENCY EVEN IN THE MOST DIFFICULT SITUATIONS AND MEANS CONGRESS MUST BE STEADFAST IN ITS COMMIT TO -- COMMITMENT TO CONSISTENT AND THOROUGH OVERSIGHT. THE DEPARTMENT HAS TAKEN ON AN INS COLLEAGUE -- INCREASINGLY ACTIVE ROLE IN PUBLIC SAFETY. NOTABLY THE DEPARTMENT'S EFFORTS TO SUPPORT COMMUNITY-BASED PROGRAMS HAVE SEEN DRAMATIC SUCCESS. FOR EXAMPLE, THE OFFICE OF VIOLENCE AGAINST WOMEN IS CHARGED WITH PROVIDING NATIONAL LEADERSHIP AND REDUCING DOMESTIC VIOLENCE THROUGH THE IMPLEMENTATION OF THE VIOLENCE AGAINST WOMEN'S ACT. THROUGH 19 VIOLENCE AGAINST WOMEN ACT PROGRAMS, THE DEPARTMENT IS HELPING TO REDUCE VIOLENCE, SEXUAL ASSAULT AND STOCKING BY STRENGTHENING SERVICES TO VICTIMS AND HOLING OFFENDERS ACCOUNTABLE. MOST IMPORTANT WORK IN PRESERVING THE INTEGRITY OF WOMEN AND OUR COMMITMENT TO INDIVIDUAL FREEDOMS. IN FISCAL YEAR 2009 THE OFFICE OF VIOLENCE AGAINST WOMEN MADE NEARLY 1,100 AWARDS. THESE HELPED COMMUNITIES TO DEVELOP COORDINATED RESPONSES TO DOMESTIC VIOLENCE, SEXUAL ASSAULT AND STOCKING NO -- STALKING. THE GRANTS HAVE HELPED COMMUNITIES BRINGING TOGETHER DEDICATED INDIVIDUALS AND ADVOCATES FROM DIVERSE BACKGROUNDS, TO SHARE INFORMATION AND USE THEIR DISTINCT ROLES TO IMPROVE COMMUNITY RESPONSES TO VIOLENCE AGAINST WOMEN. IN ADDITION THE DEPARTMENT'S OFFICE OF COMMUNITY-ORIENTED POLICING SERVICE, ALSO KNOWN AS THE COPS OFFICE, HAS PROMOTED PUBLIC SAFETY THROUGH LOCAL INVESTMENTS WHERE POLICE ARE INVOLVED IN THE COMMUNITY AND SHOW THAT POLICEMEN ARE THE FRIENDS AND GET A HOLD ON THE COMMUNITY TO BRING ABOUT PUBLIC SAFETY. THE COPS PROGRAM PROMOTES THIS COMMUNITY POLICING BY FUNDING EFFORTS TO STATE AND LOCAL AUTHORITIES INTENDED TO PUT LAW ENFORCEMENT PROFINGSES WHERE THEY'RE MOST NEEDED, ON THE STREETS. THAT WAY THEY CAN BUILD RELATIONSHIPS WITH THE PEOPLE THEY SERVE, HAVE A REPOUR THAT'S NECESSARY. IN CLOSING, I'D LIKE TO THANK MY COLLEAGUE, MR. JAMES SENSENBRENNER, FOR INTRODUCING THIS RESOLUTION. I URGE MY COLLEAGUES TO SUPPORT THIS IMPORTANT RESOLUTION AND I COULDN'T LET THIS GO BY WITHOUT REMEMBERING FORMER U.S. ATTORNEY ROBERT F. KENNEDY, ONE OF MY HEROES WHO HEADED THE DEPARTMENT OF JUSTICE. I RESERVE THE BALANCE OF MY TIME.

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  • 01:41:05 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM…

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM WISCONSIN.

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  • 01:41:09 PM

    MR. SENSENBRENNER

    MR. SPEAKER, I ASK UNANIMOUS CONSENT THAT I INSERT INTO THE RECORD AT THIS…

    MR. SPEAKER, I ASK UNANIMOUS CONSENT THAT I INSERT INTO THE RECORD AT THIS TIME A STATEMENT BY THE GENTLEMAN FROM TEXAS, MR. SMITH, THE RUNNING BACKING MEMBER OF THE COMMITTEE -- THE RANKING MEMBER OF THE COMMITTEE.

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  • 01:41:17 PM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION.

  • 01:41:19 PM

    MR. SENSENBRENNER

    I YIELD MYSELF OFF TIME AS I MAY CONSUME. MR. SPEAKER, I RISE TODAY TO…

    I YIELD MYSELF OFF TIME AS I MAY CONSUME. MR. SPEAKER, I RISE TODAY TO COMMEMORATE THE 140TH ANNIVERSARY OF THE DEPARTMENT OF JUSTICE. THE JUDICIARY ACT OF 1789 WHICH WAS PASSED BY THE FIRST CONGRESS AND SIGNED INTO LAW BY PRESIDENT GEORGE WASHINGTON CREATED THE OFFICE OF ATTORNEY GENERAL WHICH EVENTUALLY BECAME THE CHIEF LAW ENFORCEMENT OFFICER OF THE FEDERAL GOVERNMENT. THE DEPARTMENT OF JUSTICE BEGAN ITS WORK ON JULY 1, 1870, THROUGH AN ACT OF CONGRESS WITH THE ATTORNEY GENERAL AT ITS HEAD. SINCE THEN THE DEPARTMENT HAS EVOLVED INTO THE WORLD'S LARGEST LAW OFFICE AND THE CENTRAL AGENCY FOR THE ENFORCEMENT OF FEDERAL LAW. TODAY THE DEPARTMENT STRIVINGS TO MEET FOUR GOALS IN ITS PURSUIT OF JUSTICE. FIRST, PROTECTING THE PUBLIC AGAINST FOREIGN AND DOMESTIC THREATS. SECOND, ENSURING THE FAIR ADMINISTRATION OF JUSTICE IN ACCORDANCE WITH THE PROVISIONS OF THE CONSTITUTION. THIRD, INSISTING BOTH STATE AND LOCAL LAW ENFORCEMENT AGENCIES, AND, FOURTH, DEFENDING THE UNITED STATES IN ITS FOREIGN INTERESTS. OVER THE PAST DECADE, THE DEPARTMENT HAS MADE SIGNIFICANT EFFORTS TO PROTECT THE CHILDREN OF AMERICA. IN 2006 THROUGH THE ADAM WAL MUCH CHILD PROTECTION AND SAFETY ACT, THE DEPARTMENT OF JUSTICE CREATED A NATIONAL SEX OFFENDER REGISTRY TO BETTER PROTECT CHILDREN BY ORGANIZING SEX OFFENDERS INTO THREE TIERS. THE ACT ALSO CREATED A NATIONWIDE D.N.A. DATABASE AND ALLOWS LAW ENFORCEMENT TO MONITOR DANGEROUS SEX OFFENDERS THROUGH THE USE OF G.P.S. TECHNOLOGY. RECOGNIZING THE DANGERS OF TECHNOLOGY ASSISTED EXPLOITATIONS CRIMES AGAINST CHILDREN, THE DEPARTMENT OF JUSTICE LAUNCHED PROJECT SAFE CHILDHOOD. AN EFFORT THAT RESULTED IN RECORD NUMBERS OF ARRESTS AND PROSECUTIONS OF INDIVIDUALS SEEKING TO COMMIT SEXUAL CRIMES AGAINST CHILDREN. THE AMBER ALERT SYSTEM, A DEPARTMENT OF JUSTICE DIRECTIVE, WORKS TO PROTECT AND SAVE THE LIVES OF ABDUCTED CHILDREN. SINCE THE EXPANSION OF THE SYSTEM IN 2003, MORE THAN 500 MISSING OR EXPLOITED CHILDREN HAVE BEEN SAFELY RECOVERED. ALERTS ARE BROADCAST OVER THE INTERNET, TELEVISION AND RADIO PROGRAMMING, ELECTRONIC HIGHWAY SIGNS, LOTTERY TICKETS AND TEXT MESSAGING. SHORTLY AFTER THE SEPTEMBER 11 ATTACK, I INTRODUCED THE U.S.A. PATRIOT ACT WHICH AFFORDED THE DEPARTMENT OF JUSTICE NEW TOOLS TO DETECT AND PREVENT TERRORISM, ORGANIZED CRIME AND DRUG TRAFFICKING. THE PROVISIONS OF THE ACT UPDATED LAWS TO REFLECT NEW THREATS AND NEW TECHNOLOGIES,, FACILITATE BETTER COOPERATION AMONGST GOVERNMENT AGENCIES AND UPDATED INCREASED PENALTIES FOR CONVICTED TERRORISTS. SINCE THE ACT'S PASSAGE IN OCTOBER, 2001, NUMBERS OF TERRORIST CONVICTIONS AND PROSECUTIONS BY U.S. ATTORNEYS HAVE SOARED. MAKE NO MISTAKE, THE U.S.A. PATRIOT ACT HAS CONTRIBUTED TO THE PREVENTION OF ANOTHER LARGE SCALE TERRORIST ATTACK ON AMERICAN SOIL. THE JUSTICE DEPARTMENT HAS ALSO MADE A COMMITMENT TO PROTECT AMERICANS RESIDING IN AREAS RIDDLED WITH GUN AND GANG VIOLENCE. IT RESPONDED TO THE SIGNIFICANT INCREASE IN THE NUMBER OF FIREARMS-RELATED CRIMES IN SMALL GEOGRAPHIC AREAS BY CREATING A VIOLENT CRIME IMPACT TEAM INITIATIVE. SINCE 2004, IT HAS ARRESTED MORE THAN 14,000 GANG MEMBERS, DRUG DEALERS, FELLONS IN POSITION OF -- POSSESSION OF FIREARMS, INCLUDING VIOLENT CRIMINALS, INCLUDING 2,800 THAT HAVE BEEN IDENTIFIED AS THE WORST OF THE WORST CRIMINALS. I APPLAUD THE WORK OF THE DEPARTMENT OF JUSTICE IN ITS EFFORTS TO DEFEND THE AMERICAN PEOPLE AND TO ADMINISTER JUSTICE. WHILE RESPECTING AND ENSURING THE RIGHTS AND DIGNITY ENTITLED TO ALL. I ENCOURAGE MY COLLEAGUES TO SUPPORT HOUSE RESOLUTION 1422 AND I YIELD BACK THE BALANCE OF MY TIME.

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  • 01:45:19 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM WISCONSIN YIELDS BACK THE BALANCE OF HIS TIME. THE…

    THE GENTLEMAN FROM WISCONSIN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM TENNESSEE IS RECOGNIZED.

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  • 01:45:25 PM

    MR. COHEN

    I WANT TO THANK MR. SENSENBRENNER FOR BRINGING THIS IMPORTANT RESOLUTION,…

    I WANT TO THANK MR. SENSENBRENNER FOR BRINGING THIS IMPORTANT RESOLUTION, HONORING THE DEPARTMENT OF JUSTICE, AND I SHOULD HAVE EARLIER THANKED MR. SMITH AND MR. SENSENBRENNER FOR THEIR WORK ON THE NAACP RESOLUTION, AND I HAVE NO FURTHER SPEAKERS AND YIELD BACK THE BALANCE OF MY TIME.

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  • 01:45:41 PM

    THE SPEAKER PRO TEMPORE

    MADAM SPEAKER, WE'D REQUEST THE YEAS AND NAYS.

  • 01:45:55 PM

    MR. COHEN

    MADAM SPEAKER, WE'D REQUEST THE YEAS AND NAYS.

  • 01:45:58 PM

    THE SPEAKER PRO TEMPORE

    IN THE OPINION OF THE CHAIR, 2/3 HAVING RESPONDED IN THE AFFIRMATIVE --…

    IN THE OPINION OF THE CHAIR, 2/3 HAVING RESPONDED IN THE AFFIRMATIVE -- THE GENTLEMAN FROM TENNESSEE.

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  • 01:46:05 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM TENNESSEE IS RECOGNIZED.

  • 01:46:11 PM

    THE SPEAKER PRO TEMPORE

    THE YEAS AND NAYS ARE REQUESTED. ALL THOSE IN FAVOR OF TAKING THIS VOTE BY…

    THE YEAS AND NAYS ARE REQUESTED. ALL THOSE IN FAVOR OF TAKING THIS VOTE BY THE YEAS AND NAYS WILL RISE AND REMAIN STANDING UNTIL COUNTED. A SUFFICIENT NUMBER HAVING ARISEN, THE YEAS AND NAYS ARE ORDERED. PURSUANT TO CLAUSE 8 OF RULE 20 AND THE CHAIR'S PRIOR ANNOUNCEMENT, FURTHER PROCEEDINGS ON THIS MOTION WILL BE POSTPONED.

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  • 01:47:08 PM

    THE SPEAKER PRO TEMPORE

    FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM CALIFORNIA SEEK RECOGNITION?

  • 01:47:12 PM

    MS. WATSON

    MADAM SPEAKER, I MOVE THAT THE HOUSE SUSPEND THE RULES AND AGREE TO THE…

    MADAM SPEAKER, I MOVE THAT THE HOUSE SUSPEND THE RULES AND AGREE TO THE BILL H.RES. 879 AS AMENDED.

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  • 01:47:22 PM

    THE SPEAKER PRO TEMPORE

    THE CLERK WILL REPORT THE TITLE OF THE BILL.

  • 01:47:24 PM

    THE CLERK

    HOUSE RESOLUTION 879, RESOLUTION SUPPORTING THE GOALS AND IDEALS OF…

    HOUSE RESOLUTION 879, RESOLUTION SUPPORTING THE GOALS AND IDEALS OF AMERICAN EDUCATION WEEK.

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  • 01:47:30 PM

    THE SPEAKER PRO TEMPORE

    PURSUANT TO THE RULE, THE GENTLEWOMAN FROM CALIFORNIA, MS. WATSON, AND THE…

    PURSUANT TO THE RULE, THE GENTLEWOMAN FROM CALIFORNIA, MS. WATSON, AND THE GENTLEMAN FROM UTAH, MR. CHAFFETZ, EACH WILL CONTROL 20 MINUTES. THE CHAIR RECOGNIZES THE GENTLEWOMAN FROM CALIFORNIA.

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  • 01:47:46 PM

    MS. WATSON

    SPEAKER, I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE…

    SPEAKER, I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS TO REVISE AND EXTEND THEIR REMARKS.

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  • 01:47:56 PM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION.

  • 01:48:02 PM

    MS. WATSON

    NOW YIELD MYSELF SUCH TIME AS I MAY CONSUME.

  • 01:48:09 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEWOMAN IS RECOGNIZED.

  • 01:48:11 PM

    MS. WATSON

    MADAM SPEAKER, ON BEHALF OF THE HOUSE COMMITTEE ON OVERSIGHT AND…

    MADAM SPEAKER, ON BEHALF OF THE HOUSE COMMITTEE ON OVERSIGHT AND GOVERNMENT REFORM, IT IS MY GREAT PRIVILEGE TO RISE IN SUPPORT OF H.RES. 879. THIS MEASURE ENCOURAGES THE PEOPLE OF THE UNITED STATES TO OBSERVE NATIONAL EDUCATION WEEK BY REFLECTING ON THE POSITIVE IMPACT OF ALL THOSE WHO WORK TOGETHER TO EDUCATE AMERICA'S CHILDREN. AMERICA EDUCATION WEEK SPOTLIGHTS THE IMPORTANCE OF PROVIDING EVERY CHILD IN AMERICA WITH A QUALITY PUBLIC EDUCATION FROM KINDERGARTEN THROUGH COLLEGE AND THE NEED FOR EVERYONE TO DO HIS OR HER PART IN MAKING PUBLIC SCHOOLS GREAT. MADAM SPEAKER, AMERICA'S SUCCESS IN THE 21ST CENTURY WILL BE DETERMINED BY THE ABILITY TO INNOVATE, FOSTER ENTREPRENEURSHIP AND CONSTANTLY IMPROVE THE SKILL BASE OF OUR WORK FORCE. WE BELIEVE THAT THE EVOLVING DEMANDS OF THE GLOBAL ECONOMY MAKE EDUCATION VITAL TO SUSTAINABLE, SOCIAL AND ECONOMIC SUCCESS. WE ALSO BELIEVE THAT EDUCATION IS A FUNDAMENTAL HUMAN RIGHT %- AND IS THE SINGLE MOST IMPORTANT INVESTMENT IN THE FUTURE OF INDIVIDUALS, COMMUNITIES, THE NATION AND THE WORLD. WE IN CONGRESS AND WE AS A NATION MUST MAKE IT ONE OF OUR HIGHEST PRIORITIES. H.RES. 879 WAS INTRODUCED BY OUR COLLEAGUE, THE GENTLEMAN FROM ILLINOIS, REPRESENTATIVE WALTER MINNICK, ON OCTOBER 29, 2009. THE MEASURE WAS REFERRED TO THE COMMITTEE ON OVERSIGHT AND GOVERNMENT REFORM WHICH ORDERED IT REPORTED BY UNANIMOUS CONSENT ON MAY 6, 2010. THE MEASURE HAS THE SUPPORT OF OVER 70 MEMBERS OF THE HOUSE. I THANK THE GENTLEMAN FROM IDAHO FOR INTRODUCING THIS MEASURE, AND I'D ALSO LIKE TO THANK CHAIRMAN TOWNS AND RANKING MEMBER ISSA FOR THEIR SUPPORT FOR THE BILL. AND I URGE MY COLLEAGUES TO SUPPORT THIS MEASURE AND I RESERVE THE BALANCE OF MY TIME.

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  • 01:50:41 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY RESERVES THE BALANCE OF HER TIME. THE GENTLEMAN FROM UTAH,…

    THE GENTLELADY RESERVES THE BALANCE OF HER TIME. THE GENTLEMAN FROM UTAH, MR. CHAFFETZ, IS RECOGNIZED.

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  • 01:50:47 PM

    MR. CHAFFETZ

    THANK YOU, MADAM SPEAKER. I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

  • 01:50:52 PM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION.

  • 01:50:54 PM

    MR. CHAFFETZ

    THANK YOU. I RISE IN SUPPORT OF H.RES. 879, SUPPORTING THE GOALS AND…

    THANK YOU. I RISE IN SUPPORT OF H.RES. 879, SUPPORTING THE GOALS AND IDEALS OF AMERICAN EDUCATION WEEK. TEACHERS WANT TO TEACH STUDENTS . AND WE CAN'T FORGET ABOUT THE LIBRARIANS, THE COACHES, JANITORS, THE CROSSING GUARDS, THE ADMINISTRATORS, ALL THOSE WHO DEDICATE THEIR TIME, EFFORT AND TALENT TO MAKE SURE THAT OUR KIDS ARE ENJOYING A SAFE ENVIRONMENT AND THEY'RE WELCOMED IN THE CLASSROOM AND THAT THEY TRULY LEARN. TEACHERS SIMPLY DO NOT RECEIVE THE GRATITUDE THAT THEY DESERVE. MOST PEOPLE CAN REMEMBER THAT ONE TEACHER WHO INSPIRED THEM IN SOME WAY AND URGED THEM TO EXPLORE A SUBJECT FURTHER. MANY OF US SIMPLY WOULD NOT HAVE THE SAME LIVES OR CAREERS WITHOUT SPECIAL TRAINING TO GUIDE US. FOR ME THAT WAS MR. KOBIASHI IN THE FIFTH GRADE WHO INSPIRED ME TO HAVE A TRUE APPRECIATION FOR THE ENVIRONMENT AND TRUE UNDERSTANDING OF OUR OCEANS AND ALL THE LIVING CREATURES. AND JUST INSPIRED ME TO BE A BETTER PERSON. I STILL REMEMBER HIM TO THIS DAY AND CAN'T THANK HIM FOR THE SERVICE AND MANY LIVES HE TOUCHED ALONG THE WAY. THOSE ARE SPECIAL PEOPLE AND THEY OUGHT TO BE RECOGNIZED FOR THEIR EFFORTS. I KNOW THAT WHILE THIS RESOLUTION IS IMPORTANT THEY TRULY GET THE SATISFACTION THAT THEY DESERVE AND THEY NEED BY INSPIRING THOSE YOUNG PEOPLE THROUGHOUT OUR COUNTRY. YET, FOR ALL THE EFFORT AND TIRELESS HOURS THAT TEACHERS PUT IN EVERY SINGLE DAY WE FORGET TO THANK THEM FORMALLY AS WELL. WE NEED TO DO MORE TO THANK TEACHERS AND EDUCATORS FOR THEIR HARD WORK. MADAM SPEAKER, I ASK MEMBERS TO SUPPORT THIS RESOLUTION. IT GIVES US A WEEK TO THANK THE EDUCATORS FOR THEIR WORK. HOPEFULLY THIS WEEK WE'LL INSPIRE ALL AMERICANS TO THINK ABOUT THE WORK THAT EDUCATORS DO, NOT JUST DURING AMERICAN EDUCATION WEEK, BUT EVERY DAY SO WE BEGIN TO GIVE THEM THE THANKS AND APPRECIATION THAT THEY TRULY OWE. AND THOSE PARENTS AND THE OTHERS AFFECTED IN THE COMMUNITY SUPPORT THEIR TEACHERS, EDUCATORS AND ALL THE SUPPORT STAFF AND ALL THE LIVING PARTS THAT MAKE THESE THINGS HAPPEN SO THEY CAN TRULY FEEL THE LOVE AND SUPPORT OF A NATION AND MAKE THAT ENVIRONMENT THE VERY BEST ENVIRONMENT IT CAN BE FOR OUR KIDS TO LEARN. WITH THAT, MADAM SPEAKER, I'D LIKE TO RESERVE THE BALANCE OF MY TIME.

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  • 01:53:15 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLELADY FROM…

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLELADY FROM CALIFORNIA IS RECOGNIZED.

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  • 01:53:20 PM

    MS. WATSON

    MADAM SPEAKER, I'D LIKE TO GIVE THE GENTLEMAN FROM TEXAS, REPRESENTATIVE…

    MADAM SPEAKER, I'D LIKE TO GIVE THE GENTLEMAN FROM TEXAS, REPRESENTATIVE RUBEN HINOJOSA, THREE MINUTES.

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  • 01:53:28 PM

    THE SPEAKER PRO TEMPORE

  • 01:53:36 PM

    MR. HINOJOSA

    MADAM CHAIR. I RISE TODAY IN SUPPORT OF H.R. -- RESOLUTION 879. I WANT TO…

    MADAM CHAIR. I RISE TODAY IN SUPPORT OF H.R. -- RESOLUTION 879. I WANT TO THANK THE NATIONAL EDUCATION ASSOCIATION, N.E.A., AND ITS 3.2 MILLION MEMBERS FOR DESIGNATING NOVEMBER 15 THROUGH NOVEMBER 21 AS AMERICAN EDUCATION WEEK. I ALSO WISH TO ACKNOWLEDGE AND THANK REPRESENTATIVE MINNICK FROM IDAHO FOR INTRODUCING THIS IMPORTANT RESOLUTION, AND I THANK THE GENTLELADY FROM CALIFORNIA FOR GIVING ME TIME TO SPEAK. AS SUBCOMMITTEE CHAIRMAN FOR HIGHER EDUCATION, LIFELONG LEARNING AND COMPETITIVENESS, I CONGRATULATE ALL OF OUR TEACHERS, HIGHER EDUCATION FACULTY AND STAFF, CUSTODIANS, SUBSTITUTE EDUCATORS, BUS DRIVERS, CLERICAL WORKERS, FOOD SERVICE PROFESSIONALS, WORKERS IN SKILLED TRADES, HEALTH AND STUDENT SERVICE WORKERS, SECURITY GUARDS, TECHNICAL EMPLOYEES AND LIBRARIANS FOR WORKING TIRELESSLY ON BEHALF OF OUR CHILDREN, PARENTS AND COMMUNITIES. OUR NATION'S PUBLIC SCHOOLS AND COLLEGES AND UNIVERSITIES CONTINUE TO BE THE GREAT EQUALIZER AND THE BACKBONE OF AMERICAN DEMOCRACY. THEY OPEN THE DOORS OF OPPORTUNITY TO MILLIONS OF GRADUATES EVERY YEAR. IN ORDER TO ACCESS FAMILIES SUSTAINING JOBS IN OUR ECONOMY, IT IS IMPERATIVE THAT ALL CHILDREN, ALL YOUTH AND ADULTS RECEIVE A HIGH-QUALITY EDUCATION AND ARE EQUIPPED WITH 21ST CENTURY SKILLS TO THRIVE IN OUR NATION'S ECONOMY. AS OUR NATION STRIVES TO BUILD A WORLD-CLASS EDUCATIONAL SYSTEM, INCREASE GRADUATION RATES AT ALL LEVELS AND IMPROVE LITERACY FOR ADULT LEARNERS, WE RECOGNIZE OUR TEACHERS, OUR PRINCIPALS, OUR FACULTY AND SCHOOL PERSONNEL FOR THEIR PROFESSIONALISM AND EXTRAORDINARY COMMITMENT TO CARE FOR AND EDUCATE OUR CHILDREN, YOUTH AND ADULTS FOR A 21ST CENTURY WORK FORCE. I COMMEND PRESIDENT OBAMA, I COMMEND CHAIRMAN MILLER AND MY COLLEAGUES FOR MAKING HISTORIC INVESTMENT IN EDUCATION AND FOR ENSURING ACCESSIBILITY AND AFFORDABILITY IN HIGHER EDUCATION WITH THE ENACTMENT OF THE HEALTH CARE AND THE EDUCATION RECONCILIATION ACT OF 2010. I URGE MY COLLEAGUES AND OUR NATION TO OBSERVE AMERICAN EDUCATION WEEK AND THE INVALUABLE CONTRIBUTIONS OF OUR NATION'S EDUCATORS. YOU ALL MAKE A WORLD OF DIFFERENCE IN THE LIVES OF OUR STUDENTS AND FAMILIES. I THANK YOU. I YIELD BACK.

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  • 01:56:45 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN'S TIME HAS EXPIRED. THE GENTLEMAN FROM UTAH IS RECOGNIZED.

  • 01:56:49 PM

    MR. CHAFFETZ

    MADAA SPEAKER, WE HAVE NO ADDITIONAL SPEAKERS. IT DOESN'T APPEAR THAT THE…

    MADAA SPEAKER, WE HAVE NO ADDITIONAL SPEAKERS. IT DOESN'T APPEAR THAT THE MAJORITY HAS ANY ADDITIONAL SPEAKERS. IF THAT'S THE CASE --

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  • 01:56:55 PM

    MS. WATSON

    I HAVE NO ADDITIONAL SPEAKERS.

  • 01:56:58 PM

    MR. CHAFFETZ

    YIELD BACK THE BALANCE OF OUR TIME. THANK YOU.

  • 01:57:01 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM UTAH YIELDS BACK THE BALANCE OF HIS TIME. THE…

    THE GENTLEMAN FROM UTAH YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLELADY FROM CALIFORNIA.

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  • 01:57:05 PM

    MS. WATSON

    YES, I UNDERSTAND THAT WE DO HAVE ANOTHER SPEAKER, MADAM SPEAKER. IT'S MR.…

    YES, I UNDERSTAND THAT WE DO HAVE ANOTHER SPEAKER, MADAM SPEAKER. IT'S MR. MINNICK FROM CALIFORNIA -- EXCUSE ME -- THE GENTLEMAN FROM IDAHO FOR TWO MINUTES.

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  • 01:57:25 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM IDAHO IS RECOGNIZED FOR TWO MINUTES.

  • 01:57:31 PM

    MR. MINNICK

    I THANK THE GENTLEWOMAN FROM CALIFORNIA AND EXTEND HER AN INVITATION TO…

    I THANK THE GENTLEWOMAN FROM CALIFORNIA AND EXTEND HER AN INVITATION TO COME TO IDAHO ANYTIME, MADAM CHAIR. YOU'D BE A GOOD ADDITION. MADAM SPEAKER, I RISE IN SUPPORT OF HOUSE RESOLUTION 879, CELEBRATING THE GOALS AND IDEALS OF AMERICAN EDUCATION WEEK. PUBLIC SCHOOLS ARE THE BACKBONE OF AMERICA'S DEMOCRACY AND THE KEY TO OUR CONTINUING COMPETITIVENESS IN THE 21ST CENTURY GLOBAL ECONOMY. IN 2010 THE 89TH AMERICAN EDUCATION WEEK WILL TAKE PLACE NOVEMBER 14 THROUGH NOVEMBER 20. EACH DAY WILL SPOTLIGHT THE IMPORTANCE OF PROVIDING EVERY CHILD IN AMERICA WITH A QUALITY PUBLIC EDUCATION FROM PRE-K THROUGH COLLEGE. AS FEDERAL LEGISLATORS, WE MUST CONTINUE TO SUPPORT AMERICAN PUBLIC EDUCATION AND MAKE IT THE VERY BEST IN THE WORLD. DEDICATED AMERICAN EDUCATORS, TEACHERS, PRINCIPALS, ADMINISTRATORS AND THE TRADE ORGANIZATIONS WORK TIRELESSLY TO SERVE COMMUNITIES THROUGHOUT THE NATION WITH CARE AND PROFESSIONALISM. AMERICAN EDUCATION WEEK CELEBRATES THE EFFORT AND ACHIEVEMENTS OF THESE DEDICATED PROFESSIONALS AND ENCOURAGES COMMUNITY, PARENTAL AND ELECTED GOVERNMENT OFFICIAL INVOLVEMENT IN OUR PUBLIC SCHOOLS. AS A PARENT OF FOUR CHILDREN, ALL OF WHOM BENEFITED FROM AN OUTSTANDING PUBLIC SCHOOL EDUCATION, I'VE WITNESSED FIRSTHAND THE EXTRAORDINARY LENGTHS TO WHICH OUR HARDWORKING TEACHERS GO TO HELPING AMERICAN YOUTH TO LEARN. I APPLAUD THE NEARLY 15,000 TEACHERS AND THOUSANDS OF SUPPORT STAFF IN IDAHO AND THOSE THROUGHOUT THIS GREAT NATION WHO DEVOTE THEIR PROFESSIONAL LIVES TO ENSURING OUR CHILDREN ARE EQUIPPED WITH THE SKILLS, KNOWLEDGE AND WORK ETHIC REQUIRED TO SUCCEED IN 21ST CENTURY AMERICA. LET'S ALL ENTHUSIASTICALLY ENDORSE AMERICAN EDUCATION WEEK. I URGE MY COLLEAGUES TO SUPPORT THIS RESOLUTION AND RECOGNIZE THE EFFORTS AND SACRIFICES OF AMERICA'S EDUCATORS. I YIELD BACK.

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  • 01:59:42 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN'S TIME HAS EXPIRED. THE GENTLEWOMAN FROM CALIFORNIA IS…

    THE GENTLEMAN'S TIME HAS EXPIRED. THE GENTLEWOMAN FROM CALIFORNIA IS RECOGNIZED.

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  • 01:59:51 PM

    MS. WATSON

  • 02:00:05 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY YIELDS BACK THE BALANCE OF HER TIME. THE QUESTION IS WILL…

    THE GENTLELADY YIELDS BACK THE BALANCE OF HER TIME. THE QUESTION IS WILL THE HOUSE SUSPEND THE RULES AND PASS H.R. 879 AS AMENDED. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. .

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  • 02:00:20 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY IS RECOGNIZED.

  • 02:00:23 PM

    MS. WATSON

    OBJECT TO THE VOTE ON THE GROUNDS THAT A QUORUM IS NOT PRESENT AND MAKE A…

    OBJECT TO THE VOTE ON THE GROUNDS THAT A QUORUM IS NOT PRESENT AND MAKE A POINT OF ORDER A QUORUM IS NOT PRESENT.

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  • 02:00:29 PM

    THE SPEAKER PRO TEMPORE

    AND THE CHAIR'S PRIOR ANNOUNCEMENT, FURTHER PROCEEDINGS ON THIS MOTION…

    AND THE CHAIR'S PRIOR ANNOUNCEMENT, FURTHER PROCEEDINGS ON THIS MOTION WILL BE POSTPONED. FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM CALIFORNIA RISE?

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  • 02:00:49 PM

    MS. WATSON

    I MOVE TO SUSPEND THE RULES AND AGREE TO THE RESOLUTION, H.RES. 1357.

  • 02:00:57 PM

    THE SPEAKER PRO TEMPORE

    THE CLERK WILL REPORT THE TITLE OF THE RESOLUTION.

  • 02:01:00 PM

    THE CLERK

    RESOLUTION 1357. RESOLUTION COMMENDING AND CONGRATULATING THE HOLLYWOOD…

    RESOLUTION 1357. RESOLUTION COMMENDING AND CONGRATULATING THE HOLLYWOOD WALK OF FAME ON THE OCCASION OF ITS 50TH ANNIVERSARY.

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  • 02:01:09 PM

    THE SPEAKER PRO TEMPORE

    PURSUANT TO THE RULE, THE GENTLEWOMAN FROM CALIFORNIA, MS. WATSON, AND THE…

    PURSUANT TO THE RULE, THE GENTLEWOMAN FROM CALIFORNIA, MS. WATSON, AND THE GENTLEMAN FROM UTAH, MR. CHAFF FITS, WILL -- CHESAPEAKE BAY FITS, EACH WILL CONTROL -- MR. CHESAPEAKE BAY FITS, EACH WILL -- MR. CHAFF FITS, EACH WILL CONTROL 20 MINUTES.

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  • 02:01:28 PM

    MS. WATSON

    ALL MEMBERS HAVE FIVE LEGISLATIVE DAYS TO REVISE AND EXTEND THEIR REMARKS…

    ALL MEMBERS HAVE FIVE LEGISLATIVE DAYS TO REVISE AND EXTEND THEIR REMARKS AND INCLUDE EXTRANEOUS MATERIALS ON THE RESOLUTION UNDER CONSIDERATION.

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  • 02:01:41 PM

    MS. WATSON

    I RISE IN STRONG SUPPORT OF THIS RESOLUTION AND YIELD MYSELF AS MUCH TIME…

    I RISE IN STRONG SUPPORT OF THIS RESOLUTION AND YIELD MYSELF AS MUCH TIME AS I MAY CONSUME.

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  • 02:01:47 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY IS RECOGNIZED.

  • 02:01:50 PM

    MS. WATSON

    I'M GRATEFUL FOR THE OPPORTUNITY TO SPEAK TODAY AND TO VOTE FOR H.RES.…

    I'M GRATEFUL FOR THE OPPORTUNITY TO SPEAK TODAY AND TO VOTE FOR H.RES. 1359, A BILL I INTRODUCED TO HONOR ONE OF THE MOST WELL-KNOWN HISTORICAL LANDMARKS IN THE HOLLYWOOD WALK OF FAME. FOR 50 YEARS THE HOLLYWOOD WALK OF FAME HAS EXISTED AS A TRIBUTE TO THOSE WHO HAVE CONTRIBUTED TO THE UNPARALLELLD SUCCESS OF AMERICA'S ENTERTAINMENT INDUSTRY. AS THE CHAIRWOMAN OF THE CONGRESSIONAL ENTERTAINMENT INDUSTRIES CAUCUS, AND A REPRESENTATIVE FROM THE CITY OF LOS ANGELES, I AM UNIQUELY AWARE OF THE ROLE HOLLYWOOD HAS PLAYED IN PRESENTING THE VALUES, THE CULTURE, AND THE CREATIVITY OF THE UNITED STATES TO AUDIENCES AROUND THE WORLD, ACROSS THE GLOBE HOLLYWOOD MEANS GLAMOUR AND EXCITEMENT AND IN OUR DISTRICT IT ALSO MEANS SOLID JOBS AND REVENUE. IN 1953 IAN STEWART, THE PRESIDENT OF THE HOLLYWOOD CHAMBER OF COMMERCE, CAME UP WITH THE IDEA OF CREATING THE HOLLYWOOD WALK OF FAME AS A TRIBUTE TO THE INDUSTRY. AND ON MARCH 28, 1960 FILMMAKER STANLEY CRAMER WAS AWARDED THE FIRST STAR. 50 YEARS LATER AN AVERAGE OF TWO STARS ARE ADDED EACH MONTH AND THE WALK OF FAME HAS BECOME ONE OF THE TOP VISITOR ATTRACTIONS IN THE CITY OF LOS ANGELES AND ALSO A DESTINATION IN THE UNITED STATES. I WAS PROUD TO SUBMIT H.RES. 1357 TO RECOGNIZE ITS IMPORTANT CULTURAL LANDMARK AND I URGE MY COLLEAGUES TO VOTE IN SUPPORT OF THE RESOLUTION. MADAM SPEAKER, I RESERVE THE BALANCE OF MY TIME.

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  • 02:03:55 PM

    THE SPEAKER PRO TEMPORE

    THE GENNLELADY RESERVES THE BALANCE OF HER TIME. THE GENTLEMAN FROM UTAH,…

    THE GENNLELADY RESERVES THE BALANCE OF HER TIME. THE GENTLEMAN FROM UTAH, MR. CHAFFETZ, IS RECOGNIZED.

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  • 02:04:00 PM

    MR. CHAFFETZ

    YOU, MADAM SPEAKER. I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

  • 02:04:03 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN IS RECOGNIZED.

  • 02:04:05 PM

    MR. CHAFFETZ

    THANK YOU, MADAM SPEAKER. I NEED TO STAND IN OPPOSITION TO THIS. CERTAINLY…

    THANK YOU, MADAM SPEAKER. I NEED TO STAND IN OPPOSITION TO THIS. CERTAINLY THE HOLLYWOOD WALK OF FAME HAS PROVIDED ENJOYMENT FOR UNTOLD NUMBERS OF PEOPLE. IT'S A GREAT DESTINATION. HOLLYWOOD IS CERTAINLY A UNIQUE TREASURE THAT IS UNIQUE TO THE UNITED STATES OF AMERICA AND SPECIFICALLY SOUTHERN CALIFORNIA. TO MY COLLEAGUES WHO WHOLEHEARTEDLY SUPPORT AND ENDORSE AND STAND BEHIND THIS RESOLUTION I -- MAYBE I'M A WET BUCKET OF WATER ON A PARADE, BUT I GOT TO TELL YOU I JUST DON'T FEEL LIKE IT'S THE PROPER ROLE OF THE UNITED STATES CONGRESS TO REPRESENT THE HOLLYWOOD WALK OF FAME ON ITS 50TH ANNIVERSARY. THERE ARE PLENTY OF WAYS TO RECOGNIZE AND THANK AND CONGRATULATE THE STARS OF HOLLYWOOD AND THE IMPACT THAT THEY HAVE HAD ON THE AMERICAN IDEAL AND AMERICAN ENTERTAINMENT INDUSTRY. I JUST DON'T FEEL LIKE IT'S A PROPER ROLE OF THE UNITED STATES CONGRESS TO DO THIS WITH ALL DUE RESPECT. RECOGNIZING EDUCATORS, ABSOLUTELY. WE ARE ABOUT TO RECOGNIZE FLAG DAY. OF COURSE. HOLLYWOOD WALK OF FAME? MAYBE NOT SO MUCH. SO WITH ALL DUE RESPECT TO THE 50-PLUS COLLEAGUES ON BOTH SIDES OF THE AISLE THAT HAVE SUPPORTED THIS RESOLUTION, I FOR ONE AS A REPRESENTATIVE IN THE UNITED STATES CONGRESS SIMPLY CANNOT STAND HERE AND VOICE MY SUPPORT THAT THIS IS A GOOD USE OF THE CONGRESS' TIME. WITH THAT I RESERVE THE BALANCE OF MY TIME.

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  • 02:05:33 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLELADY FROM…

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLELADY FROM CALIFORNIA IS RECOGNIZED.

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  • 02:05:37 PM

    MS. WATSON

    THE GENTLEMAN FROM NEW YORK IS RECOGNIZED AS MUCH TIME AS HE MIGHT CONSUME.

  • 02:05:53 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM NEW YORK IS RECOGNIZED AS MUCH TIME AS HE MIGHT CONSUME.

  • 02:05:57 PM

    MR. TOWNS

    YOU VERY MUCH. I WOULD LIKE TO THANK THE CHAIR OF THE SUBCOMMITTEE FOR…

    YOU VERY MUCH. I WOULD LIKE TO THANK THE CHAIR OF THE SUBCOMMITTEE FOR YIELDING TIME TO ME. BECAUSE I WANTED TO JUST SORT OF RESPOND TO A COUPLE OF GOOD THINGS THAT MY GOOD FRIEND ON THE OTHER SIDE OF THE AISLE SAID. FIRST OF ALL I KNOW HIM AND I KNOW THAT HE'S A VERY DEDICATED AND COMMITTED HUMAN BEING AND OF COURSE JUT STANDING KICKER IN HIS DAY -- OUTSTANDING KICKER IN HIS DAY AND SET RECORDS AS A KICKER. I THINK THAT HE PROBABLY MISUNDERSTOOD WHAT THIS BILL IS NAMED. IT'S THE HOLLYWOOD WALK OF FAME. I THINK THAT -- I WANT TO MAKE CERTAIN HE UNDERSTANDS THAT. AND MANY PEOPLE HAVE WALKED THERE, HAVE CONTRIBUTED SO MUCH TO SOCIETY, CONTRIBUTED SO MUCH TO ORGANIZATIONS. WHEN YOU LOOK BACK AND YOU SEE IN TERMS OF THE CONTRIBUTIONS THAT THESE PEOPLE HAVE MADE, THEN I THINK THAT MY COLLEAGUE WOULD PROBABLY REFUTE IT AND PROBABLY WITHDRAW HIS OBJECTION. WHEN YOU LOOK AT THE AMOUNT OF MONEY THEY HAVE GIVEN TO BREAST CANCER, WHEN YOU LOOK AT THE AMOUNT OF MONEY THAT'S GIVEN TO AIDS, AND ALL THESE DISEASES THAT WE NEED TO DO EXTENSIVE RESEARCH ON, THAT PEOPLE THAT HAVE WALKED THESE STREETS AND WALKED THE HOLLYWOOD HALL OF FAME, WHEN WE THINK ABOUT THE THINGS THAT THEY HAVE DONE, THEN I REALLY FEEL THAT IF HE DID, HE WOULD SAY WAIT A MINUTE, EVERY NOW AND THEN WE MAKE A MISTAKE OR SEE SAY SOME THINGS THAT WE WISH WE HAD NOT SAID, AND I THINK THAT THIS IS THE SITUATION NOW WITH MY COLLEAGUE, BECAUSE IF YOU THINK ABOUT THE HOLLYWOOD WALK OF FAME AND THE CONTRIBUTION THAT PEOPLE THAT ARE LISTED ON THE HOLLYWOOD WALK OF FAME, THEN I REALLY FEEL THAT HE WOULD JOIN US IN SUPPORTING THIS LEGISLATION. ON THAT NOTE I YIELD BACK AND ASK MY GOOD FRIEND ON THE OTHER SIDE OF THE AISLE TO RECONSIDER.

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  • 02:07:55 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM NEW YORK YIELDS BACK THE BALANCE OF HIS TIME. THE…

    THE GENTLEMAN FROM NEW YORK YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM UTAH IS RECOGNIZED.

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  • 02:08:00 PM

    MR. CHAFFETZ

    I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

  • 02:08:04 PM

    MR. CHAFFETZ

    TOWNS, MADAM SPEAKER, CHAIRMAN TOWNS IS ONE OF MY FAVORITE PEOPLE. I…

    TOWNS, MADAM SPEAKER, CHAIRMAN TOWNS IS ONE OF MY FAVORITE PEOPLE. I REALLY COME TO GROW AND APPRECIATE HIM. I HAPPEN TO -- -- I HAPPEN TO DISAGREE WITH HIM ON THIS. THERE ARE A WHOLE LOT OF PEOPLE ON THAT WALK OF FAME. WE PROBABLY SHOULD RECOGNIZE -- SHOULDN'T RECOGNIZE THEM IN ANY WAY, SHAPE, OR FORM. THERE'S A CERTAIN EGMENT OF OUR POPULATION, ENTERTAINMENT INDUSTRY, INVOLVED IN SPORTS THAT GETS MORE ADULATION FROM THE PUBLIC THEY CAN POSSIBLY, POSSIBLY TAKE. YET WE HAVE TRUE HEROES, REAL HEROES WHO DON'T GET AN OUNCE, DON'T GET AN OUNCE OF APPRECIATION FROM THIS BODY THAT DO DESERVE IT. THE OTHER DAY I WAS WATCHING TELEVISION, THIS IS JUST RECENTLY, THERE WAS A NATIONAL GUARDSMAN WHO PULLED AROUND A CORNER, I CAN'T REMEMBER THE STATE, I WANT TO SAY THE STATE OF WASHINGTON, I MIGHT BE WRONG, ALL OF A SUDDEN THERE WAS A TRUCK THAT HAD OVERTURNED IN A RIVER. AND SUDDENLY THIS GUY FOUND HIMSELF IN THE SITUATION WHERE THERE WAS SOMEBODY STRUGGLING FOR HIS LIFE. HE AND A FEW OTHER PEOPLE, JUST CITIZENS WHO WOKE UP THAT MORNING AND HAD NO IDEA THEY WERE HEROES THAT DAY, WENT DOWN THAT RIVER, SMASHED OPEN THE WINDOW, GRABBED A ROPE, AND SAVED THIS PERSON'S LIFE. WHERE'S THE RECOGNITIONS FOR THOSE TRUE HEROES? I DON'T THINK THEY NEED ANYMORE CONGRATULATIONS FROM THE UNITED STATES CONGRESS. AS IMPORTANT AS IT IS TO THE ECONOMY OF SOUTHERN CALIFORNIA, I GOT AN AMUSEMENT PARK IN NORTHERN UTAH. I'M NOT COMING TO THE UNITED STATES CONGRESS ASKING FOR A RECOGNITION TO IT. I WOULD BE HAPPY TO YIELD.

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  • 02:09:49 PM

    MR. TOWNS

    ABOUT THE MAN THAT SIGNED THE MARTIN LUTHER KING HOLIDAY BILL BY THE NAME…

    ABOUT THE MAN THAT SIGNED THE MARTIN LUTHER KING HOLIDAY BILL BY THE NAME OF RONALD REAGAN. HE'S ON THE HOLLYWOOD WALK OF FAME. I JUST WANTED THE GENTLEMAN TO KNOW THAT.

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  • 02:10:08 PM

    MR. CHAFFETZ

    MY TIME, GOOD POINT. I'M HAPPY TO RECOGNIZE RONALD REAGAN AND I APPRECIATE…

    MY TIME, GOOD POINT. I'M HAPPY TO RECOGNIZE RONALD REAGAN AND I APPRECIATE YOUR REPORT. I'LL BRING A RESSLUTION SOME POINT RECOGNIZING RONALD REAGAN. THERE'S A CORNER WORTH STANDING ON. THANK YOU, MR. CHAIRMAN. THESE ISSUES COME BEFORE THE UNITED STATES CONGRESS. I THINK THERE'S A TIME AND PLACE TO RECOGNIZE SIGNIFICANT ACHIEVEMENTS WITHIN THE UNITED STATES OF AMERICA. I AM GOING TO ASK FOR A RECORDED VOTE ON THIS. IT WILL BE AN INTERESTING QUESTION. MY POINT IS, THE ECONOMY'S STRUGGLING. WE HAVE REAL ISSUES OUT THERE. LIKE I SAID THERE IS A TIME AND PLACE TO MAKE THESE KINDS OF RECOGNITIONS. I JUST DON'T KNOW THAT THIS RISES TO THE SAME LEVEL AS RECOGNIZING TEACHERS OR NURSES WHO HOLD PEOPLE'S HANDS AS THEY ARE THERE IN THE FINAL DAYS OF THEIR LIVES. THERE ARE A LOT OF THINGS THAT I THINK WE COULD UNANIMOUS CONSENTLY LOOK AT AND RECOGNIZE. I FOR ONE DON'T THINK THAT HOLLYWOOD NEEDS MORE RECOGNITION AND WITH ALL DUE RESPECT I FOR ONE AT LEASTTWILL BE VOTING AGAINST THIS RESOLUTION. WITH THAT I WOULD LIKE TO RESERVE THE BALANCE OF MY TIME.

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  • 02:11:11 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLELADY FROM…

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLELADY FROM CALIFORNIA IS RECOGNIZED.

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  • 02:11:16 PM

    MS. WATSON

    YES, MADAM SPEAKER. I'D LIKE TO GIVE MYSELF AS MUCH TIME AS I NEED.

  • 02:11:23 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY IS RECOGNIZED.

  • 02:11:27 PM

    MS. WATSON

    PROUDLY COME BEFORE THIS BODY REPRESENTING THE UNITED STATES MEMBERS FROM…

    PROUDLY COME BEFORE THIS BODY REPRESENTING THE UNITED STATES MEMBERS FROM ALL OVER THIS COUNTRY BECAUSE I THINK HOLLYWOOD REFLECTS WHO WE ARE AS A PEOPLE. AND I HEARD AND I'M SO PLEASED THAT MY COLLEAGUE, REPRESENTATIVE TOWNS, MENTIONED THAT THE LEGENDARY AND ICONIC PRESIDENT, RONALD REAGAN, HAS A STAR ON THE WALK OF FAME. I WANT ALSO EVERYONE LISTENING TO KNOW,,+ MADAM SPEAKER, THAT SENATOR FRED THOMPSON WAS A STAR OF CRIME SERIES OVER A PERIOD OF YEARS HAS A STAR ON THE WALK OF FAME AND EVEN RAN FOR PRESIDENT OF THE UNITED STATES. AND I WANT YOU TO KNOW, MADAM SPEAKER, AND MY COLLEAGUES, THAT GOVERNOR ARNOLD SCHWARZENEGGER, THE TERMINATOR, HAS A STAR ON THE WALK OF FAME. HE IS A REPUBLICAN AND PROUDLY SERVES AS A REPUBLICAN. HE REPRESENTS THE GREAT STATE OF CALIFORNIA WHERE HOLLYWOOD IS. AND I WANT YOU TO KNOW THAT I RECENTLY TOOK DOWN TO SOUTH AFRICA, MADAM SPEAKER, A PROJECT NAMED AFTER A GENTLEMAN WHO WAS THE FACE OF HOLLYWOOD, BECAUSE I WAS TOLD SEVERAL YEARS AGO THAT THEY WERE GETTING READY TO CLOSE THE ROSA PARKS LIBRARY AND INFORMATION IN CAPE TOWN, SOUTH AFRICA, AND THAT IS THE INFORMATION SEPTRE ATTACHED TO OUR EMBASSY, THE U.S. EMBASSY. THEY WERE GOING TO CLOSE IT DOWN BECAUSE, THEY SAID, THE COLD WAR WAS OVER. SO I TOOK 100 OF AMERICA'S BEST AND LOVED FILMS THAT THEY LOVE ALL OFFER THE WORLD, THAT SHOWS OUR PRINCIPLES, OUR VALUES, OUR BELIEFS, AND OUR HUMANITY BECAUSE EVERYONE IS INFLUENCED BY OUR MOVIES. AND I ALSO WANT TO SAY, MADAM SPEAKER, THAT AS OUR IMAGE HAS BEEN TARNISHED, I FELT THAT OUR MOVIES REALLY WHO PORTRAY THEM, THE CLASSIC MOVIES AND THE PEOPLE WHO STARRED IN THOSE MOVIES WHO HAVE A STAR IN THE WALK OF FAME COULD BE RECOGNIZED IN ANOTHER COUNTRY AND HELP IMPROVE OUR IMAGE. SO I WOULD HOPE THAT ALL MEMBERS , MADAM SPEAKER, RECOGNIZING THAT THEY REPRESENT THE PEOPLE OF AMERICA AND THE MEMBERS HERE WILL VOTE TO SUPPORT AN INDUSTRY THAT REALLY SPEAKS TO THE WORLD ABOUT OUR PRINCIPLES, OUR GREAT TALENTS, AND OUR ART AND SPEAKS PROUDLY AND DISTINCTLY TO THE REST OF THE WORLD. SO I WOULD HOPE THAT WE WOULD HAVE REALLY ON A UNANIMOUS VOTE ON CELEBRATING THIS RESOLUTION, THE WALK OF FAME. I HAVE NO OTHER SPEAKERS, MADAM SPEAKER, AND SO AT THIS POINT I WILL YIELD BACK THE BALANCE OF MY TIME. . AND I WILL RESERVE MY TIME.

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  • 02:15:34 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY RESERVES THE BALANCE OF HER TIME. THE GENTLEMAN FROM UTAH…

    THE GENTLELADY RESERVES THE BALANCE OF HER TIME. THE GENTLEMAN FROM UTAH IS RECOGNIZED.

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  • 02:15:40 PM

    MR. CHAFFETZ

    I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

  • 02:15:43 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN IS RECOGNIZED.

  • 02:15:45 PM

    MR. CHAFFETZ

    THERE ARE LOTS OF REASONS WHY AMERICA AND THE WORLD LIKES HOLLYWOOD. I…

    THERE ARE LOTS OF REASONS WHY AMERICA AND THE WORLD LIKES HOLLYWOOD. I JUST DON'T BELIEVE IN MY HEART OF HEARTS THAT THE UNITED STATES CONGRESS IN A RESOLUTION BY THE HOUSE OF REPRESENTATIVES IS THE RIGHT WAY TO RECOGNIZE THE HOLLYWOOD WALK OF FAME. FROM MY VANTAGEPOINT, YOU CERTAINLY DON'T LOOK TO THE HOLLYWOOD WALK OF FAME OR HOLLYWOOD IN GENERAL FOR THE PRINCIPLES AND VALUES THAT ARE REPRESENTIVE OF THE UNITED STATES OF AMERICA. PEE-WEE HERMAN IS A FAR CRY FROM RANK. LOOK, I'M JUST ONE VOICE HERE IN THIS BODY, BUT I HAVE A HARD TIME GOING BACK TO THE PEOPLE SAYING, I DID THE WORK OF THE PEOPLE AND SPENDING THE PEOPLE'S MONEY AND WE RECOGNIZE THE HOLLYWOOD WALK OF FAME. I JUST CAN'T DO IT. THERE ARE A LOT OF GOOD MEMBERS BACK THERE. THAT MIGHT BE AN INTERESTING DEBATE TO GO BACK AND FORTH. I'LL START WITH PAUL RUBEN AND I APPRECIATE YOU STARTING WITH RONALD REAGAN. SOMEWHERE IN BETWEEN IS PROBABLY THE RIGHT ANSWER. WE NEED TO GET ON WITH THE NATION'S BUSINESS, THE DEBT, THE OTHER CRISIS THAT WE'RE DEALING WITH. THAT'S MY POINT WITH THIS, MADAM SPEAKER. I WON'T TAKE ANY MORE OF THE PEOPLE'S TIME. I YIELD BACK THE BALANCE OF MY TIME.

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  • 02:17:02 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM UTAH YIELDS BACK THE BALANCE OF HIS TIME. THE…

    THE GENTLEMAN FROM UTAH YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLELADY FROM CALIFORNIA IS RECOGNIZED.

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  • 02:17:11 PM

    MS. WATSON

    I YIELD BACK THE BALANCE OF MY TIME.

  • 02:17:15 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY FROM CALIFORNIA YIELDS BACK THE BALANCE OF HER TIME. THE…

    THE GENTLELADY FROM CALIFORNIA YIELDS BACK THE BALANCE OF HER TIME. THE QUESTION IS WILL THE HOUSE SUSPEND THE RULES AND AGREE TO HOUSE RESOLUTION 1357. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO.

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  • 02:17:31 PM

    THE SPEAKER PRO TEMPORE

    IN THE OPINION OF THE CHAIR, 2/3 HAVING RESPONDED IN THE AFFIRMATIVE --…

    IN THE OPINION OF THE CHAIR, 2/3 HAVING RESPONDED IN THE AFFIRMATIVE -- THE GENTLELADY FROM CALIFORNIA IS RECOGNIZED.

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  • 02:17:37 PM

    MS. WATSON

    I OBJECT TO THE VOTE ON THE GROUNDS THAT A QUORUM IS NOT PRESENT AND I…

    I OBJECT TO THE VOTE ON THE GROUNDS THAT A QUORUM IS NOT PRESENT AND I MAKE A POINT OF ORDER THAT A QUORUM IS NOT PRESENT.

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  • 02:17:49 PM

    THE SPEAKER PRO TEMPORE

    PURSUANT TO CLAUSE 8 OF RULE 20 AND THE CHAIR'S PRIOR ANNOUNCEMENT,…

    PURSUANT TO CLAUSE 8 OF RULE 20 AND THE CHAIR'S PRIOR ANNOUNCEMENT, FURTHER PROCEEDINGS ON THIS MOTION WILL BE POSTPONED. FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM CALIFORNIA SEEK RECOGNITION?

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  • 02:18:17 PM

    MS. WATSON

    SPEAKER, I MOVE THAT THE HOUSE SUSPEND THE RULES AND AGREE TO H.RES. 1429.

  • 02:18:29 PM

    THE SPEAKER PRO TEMPORE

    THE CLERK WILL REPORT THE TITLE OF THE RESOLUTION.

  • 02:18:32 PM

    THE CLERK

    HOUSE RESOLUTION 1429, RESOLUTION CELEBRATING THE SYMBOL OF THE UNITED…

    HOUSE RESOLUTION 1429, RESOLUTION CELEBRATING THE SYMBOL OF THE UNITED STATES FLAG AND SUPPORTING THE GOALS AND IDEALS OF FLAG DAY.

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  • 02:18:42 PM

    THE SPEAKER PRO TEMPORE

    PURSUANT TO THE RULE, THE GENTLEWOMAN FROM CALIFORNIA, MS. WATSON, AND THE…

    PURSUANT TO THE RULE, THE GENTLEWOMAN FROM CALIFORNIA, MS. WATSON, AND THE GENTLEMAN FROM UTAH, MR. CHAFFETZ, EACH WILL CONTROL 20 MINUTES. THE CHAIR RECOGNIZES THE GENTLEWOMAN FROM CALIFORNIA.

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  • 02:18:57 PM

    MS. WATSON

    MADAM SPEAKER, I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE…

    MADAM SPEAKER, I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS TO REVISE AND EXTEND THEIR REMARKS.

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  • 02:19:07 PM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION.

  • 02:19:11 PM

    MS. WATSON

    I NOW YIELD MYSELF SUCH TIME AS I MAY CONSUME.

  • 02:19:20 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY IS RECOGNIZED.

  • 02:19:24 PM

    MS. WATSON

    H.RES. 1429 CELEBRATES OUR MOST ENDURING SYMBOL, THE AMERICAN FLAG. WITH…

    H.RES. 1429 CELEBRATES OUR MOST ENDURING SYMBOL, THE AMERICAN FLAG. WITH THIS RESOLUTION THIS CHAMBER EXPRESSES ITS SUPPORT FOR THE ANNUAL RECOGNITION OF FLAG DAY. THE GENTLEMAN FROM OHIO, REPRESENTATIVE ROBERT LATTA, INTRODOUSED H.RES. 1429 ON JUNE 9, 2010. IT WAS REFERRED TO THE COMMITTEE ON OVERSIGHT AND GOVERNMENT REFORM WHICH WAIVED CONSIDERATION OF THE BILL TO EXPEDITE ITS CONSIDERATION ON THE FLOOR TODAY. WE CELEBRATE FLAG DAY ON JUNE 14, THE ANNIVERSARY OF THE CONTINENTAL CONGRESS' PASSAGE OF THE FIRST FLAG ACT IN 1777. THE FLAG IS OUR SYMBOL, A SYMBOL OF HOPE, COURAGE AND FREEDOM. ALL AROUND THE WORLD IT REPRESENTS THE AMERICAN PEOPLE AND OUR HIGHEST IDEALS. WE, THE PEOPLE, HAVE ALWAYS LOOKED TO OUR FLAG AS A SYMBOL OF HOPE, COURAGE AND FREEDOM. AND FOR OVER 100 YEARS WE HAVE CELEBRATED EACH JUNE. AS STATED IN THIS BILL, THE FIRST CELEBRATION OF THE AMERICAN FLAG IS BELIEVED TO HAVE BEEN INTRODUCED BY BERNARD CIGRAND, A WISCONSIN SCHOOL TEACHER WHO ARRANGED FOR HIS PUPELES TO CELEBRATE -- PUPILS TO CELEBRATE JUNE 14 AS FLAG DAY IN 1885. PRESIDENT TRUMAN SIGNED LEGISLATION REQUESTING THAT FLAG DAY BE OBSERVED NATIONALLY EACH YEAR, FORMALIZING THE TRADITION OF ANNUAL FLAG DAY CELEBRATIONS. THE FLAG HONORS THE COUNTLESS MEN AND WOMEN WHO HAVE DIED SERVING IN DEFENSE OF THE UNITED STATES IN THE ARMED FORCES AND IT IS A LASTING SYMBOL OF THEIR SACRIFICE. AS PUBLIC SERVANTS WE RIGHTLY PLEDGE OUR ALLEGIANCE TO THE FLAG EACH DAY AS DO MILLIONS OF AMERICANS. AS WE REMEMBER WHO WE SERVE HERE IN THIS CHAMBER, THE FLAG STANDS BEFORE THE ENTIRE WORLD AS A SYMBOL OF OUR SHARED VALUES, OUR HOPES, OUR ASPIRATIONS AND OUR IDEALS EACH DAY OF THE YEAR. AND I AM GLAD THAT WE TAKE THIS TIME EACH JUNE TO CELEBRATE THAT FACT. WITH THAT, MADAM SPEAKER, I RESERVE THE BALANCE OF MY TIME.

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  • 02:22:25 PM

    THE SPEAKER PRO TEMPORE

  • 02:22:31 PM

    MR. CHAFFETZ

    THANK YOU, MADAM SPEAKER. I'D LIKE TO YIELD AS MUCH TIME AS HE MAY CONSUME…

    THANK YOU, MADAM SPEAKER. I'D LIKE TO YIELD AS MUCH TIME AS HE MAY CONSUME TO THE SPONSOR OF THIS RESOLUTION, MR. LATTA OF OHIO. ppTHE SPEAKER PRO TEMPORE: THE GENTLEMAN FROM OHIO IS RECOGNIZED FOR AS MUCH TIME AS HE MIGHT CONSUME.

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  • 02:22:41 PM

    MR. LATTA

    THANK YOU, MADAM SPEAKER. AND I THANK THE GENTLEMAN FROM UTAH FOR…

    THANK YOU, MADAM SPEAKER. AND I THANK THE GENTLEMAN FROM UTAH FOR YIELDING. I'M PLEASED TO STAND BEFORE YOU TODAY IN SUPPORT OF HOUSE RESOLUTION 1429. THIS RESOLUTION CELEBRATES THE SYMBOL OF THE UNITED STATES AND SUPPORTS THE GOALS AND IDEALS OF FLAG DAY. FLAG DAY IS CELEBRATED ON JUNE 14, WHICH IS THE ANNIVERSARY OF THE OFFICIAL ADOPTION OF THE AMERICAN FLAG BY THE CONTINENTAL CONGRESS IN 1777. THIS IS DONE BY THE FIRST FLAG ACT WHICH STATED, RESOLVED, THAT THE FLAG OF THE UNITED STATES BE MADE OF 13 STRIPES ALTERNATING RED AND WHITE, THAT THE 13 STARS, WHITE AND BLUE STAR, REPRESENTS A NEW CONSTELLATION. SINCE 1977 -- PARDON ME -- SINCE 1777, OUR FLAG'S DESIGN HAS BEEN ALTERED THREE TIMES, REARRANGING THE DESIGN OF THE STARS AND STRIPES EACH TIME A STATE WAS ADDED. TO REITERATE WHAT THE GENTLELADY HAS STATED, THE FIRST CELEBRATION OF FLAG DAY IS BELIEVED TO HAVE BEEN INTRODUCED BY BERNARD CIGRAND, A WISCONSIN SCHOOL TEACHER TO CELEBRATE JUNE 14 AS FLAG BIRTHDAY IN 1885. PRESIDENT WOODROW WILSON PROCLAIMED THE FIRST NATIONWIDE FLAG DAY IN 1916, AND IN 1947, PRESIDENT HARRY TRUMAN SIGNED LEGISLATION REQUESTING NATIONAL FLAG DAY BE OBSERVED ANNUALLY. FLAG DAY IS A REPORTED HOLIDAY AS OUR FLAG IS THE OFFICIAL SYMBOL OF OUR GREAT NATION AND ITS IDEALS. OUR FLAG SERVES AS A BEACON OF HOPE, COURAGE AND FREEDOM DURING TIMES OF CRISIS AND TRIUMPH ALIKE. THE FLAG HONORS THE MEN AND WOMEN OF THE ARMED FORCES WHO PAID THE ULTIMATE SACRIFICE IN DEFENDING THE UNITED STATES AND SERVES AS A SYMBOL TO THOSE FAMILIES WHO HAVE LOST LOVED ONES WHILE DEFENDING OUR NATION. MADAM SPEAKER,,IT IS WITH GREAT HONOR THAT I ASK FOR UNANIMOUS CONSENT ON H.RES. 1429 AS WE CELEBRATE OUR NATION'S FLAG. I YIELD BACK. THANK YOU VERY MUCH.

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  • 02:24:37 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLELADY FROM…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLELADY FROM CALIFORNIA IS RECOGNIZED.

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  • 02:24:43 PM

    MS. WATSON

    I'D LIKE TO YIELD AS MUCH TIME AS I DESIRE.

  • 02:24:53 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY IS RECOGNIZED.

  • 02:24:57 PM

    MS. WATSON

    EACH ONE OF OUR STATES PROUDLY FLIES ITS OWN FLAG, BUT THE FLAG THAT…

    EACH ONE OF OUR STATES PROUDLY FLIES ITS OWN FLAG, BUT THE FLAG THAT REIGNS SUPREME FLIES ABOVE OURS. IN EACH ONE OF OUR OFFICES HERE IN THE CAPITOL, WE HAVE THE FLAG FROM OUR STATE, OUR TERRITORY AND THE FLAG OF THE UNITED STATES. AND I PROUDLY SAY THAT THE FLAG OF CALIFORNIA HAS A BEAR ON IT BECAUSE WE'RE THE LAST FRONTIER, AND THE STRENGTH OF THE BEAR REPRESENTS THE STRENGTH OF OUR STATE. AND OUR CURRENT GOVERNOR, ARNOLD SCHWARZENEGGER, IS ONE OF THOSE WHO SERVES UNDER THE CALIFORNIA FLAG AND HE HAS HIS STAR ON THE WALK OF FAME. SO I'M SO PROUD THAT THE FLAG THAT THE SPEAKER STANDS IN FRONT OF IN THIS CHAMBER AND THAT ADORNS ITS CHAMBER IS THE FLAG WE CELEBRATE. AND WE ALL, EVERY SINGLE AMERICAN AND EVERY SINGLE PERSON WHO LIVES IN OUR COUNTRY, PAYS HOMAGE TO OUR FLAG BY FLYING IT HIGH. SO I WILL AGAIN URGE ALL OF MY COLLEAGUES, MADAM SPEAKER, TO JOIN ME IN SUPPORTING THIS MEASURE. AND WITH THAT I WILL RESERVE THE BALANCE OF MY TIME.

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  • 02:26:17 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY RESERVES THE BALANCE OF HER TIME. THE GENTLEMAN FROM UTAH…

    THE GENTLELADY RESERVES THE BALANCE OF HER TIME. THE GENTLEMAN FROM UTAH IS RECOGNIZED.

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  • 02:26:23 PM

    MR. CHAFFETZ

    MADAM SPEAKER. I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

  • 02:26:27 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN IS RECOGNIZED.

  • 02:26:29 PM

    MR. CHAFFETZ

    RIGHT. NOW THIS IS A BILL, THIS IS ACTUALLY I CAN GET EXCITED ABOUT. I'M…

    RIGHT. NOW THIS IS A BILL, THIS IS ACTUALLY I CAN GET EXCITED ABOUT. I'M SURE CAN BE IN UNISON ON. I HOPE CHAIRMAN TOWNS, WHEREVER IT MIGHT BE, HEARS IT LOUD AN CLEAR. I RISE IN SUPPORT OF HOUSE RESOLUTION 1429, CELEBRATING THE SYMBOL OF THE UNITED STATES FLAG AND SUPPORTING THE GOALS AND IDEALS OF FLAG DAY. THE AMERICAN FLAG HAS BEEN OUR NATIONAL SYMBOL FOR 233 YEARS AND REMAINS A SYMBOL OF FREEDOM WHEREVER IT IS FLOWN. IN 1777 WHEN THE SECOND CONTINENTAL CONGRESS ADOPTED THE STARS AND STRIPETS, OUR FLAG STOOD FOR LIB -- STRIPES, OUR FLAG STOOD FOR LIBERTY AND JUSTICE. FLAG DAY WAS FIRST CELEBRATED IN 1885 AS ONE EARLY SUPPORTER, BERNARD CIGRAND, A WISCONSIN SCHOOL TEACHER, WANTED JUNE 14 BE KNOWN AS FLAG BIRTHDAY. THE IDEA QUICKLY CAUGHT ON AND MANY PEOPLE WANTED TO PARTICIPATE. IN 1894 THE GOVERNOR OF NEW YORK ASKED THAT ALL PUBLIC BUILDINGS FLY THE FLAG ON JUNE 14 TO BEGIN OBSERVING FLAG DAY. AND AGAIN IN 1916 PRESIDENT WOODROW WILSON PROCLAIMED FLAG DAY AS A NATIONAL CELEBRATION. HOWEVER, THE HOLIDAY WAS NOT OFFICIALLY RECOGNIZED UNTIL 1949 WHEN PRESIDENT HARRY TRUMAN SIGNED THE NATIONAL FLAG DAY BILL. SINCE THE BEGINNING OF OUR REPUBLIC, AMERICANS HAVE FLOWN THE FLAG TO SHOW THEIR APPRECIATION AND PRIDE FOR THIS GREAT NATION. EVERY DAY AMERICANS PLEDGE THEIR ALLEGIANCE TO THE FLAG AND THE TROOPS CARRY THE FLAG TO DEFEND THE LIBERTY FOR WHICH IT STANDS. WE REFLECT THE LOSS OF LOVED ONES WHO DIED IN DEFENSE OF OUR NATION. LET US PLEDGE ALLEGIANCE TO THIS FLAG, TO DECLARE OUR PATRIOTISM AND TO RAISE ITS COLORS HIGH TO EXPRESS OUR PRIDE AND RESPECT FOR THE AMERICAN WAY OF LIFE AND THE FREEDOM THAT IT REPRESENTS. I URGE MY COLLEAGUES TO SUPPORT THIS RESOLUTION. MADAM SPEAKER, I'LL RESERVE THE BALANCE OF MY TIME.

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  • 02:28:12 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLELADY FROM…

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLELADY FROM CALIFORNIA IS RECOGNIZED.

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  • 02:28:24 PM

    MS. WATSON

    THE GENTLELADY --

  • 02:28:32 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY --

  • 02:28:34 PM

    MS. WATSON

    EXCUSE ME, I RESERVE THE BALANCE OF MY TIME.

  • 02:28:37 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY FROM CALIFORNIA RESERVES THE BALANCE OF HER TIME. THE…

    THE GENTLELADY FROM CALIFORNIA RESERVES THE BALANCE OF HER TIME. THE GENTLEMAN FROM UTAH IS RECOGNIZED.

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  • 02:28:43 PM

    MR. CHAFFETZ

    MADAM SPEAKER, WE HAVE NO ADDITIONAL SPEAKERS. I YIELD BACK THE BALANCE OF…

    MADAM SPEAKER, WE HAVE NO ADDITIONAL SPEAKERS. I YIELD BACK THE BALANCE OF MY TIME.

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  • 02:28:47 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM UTAH YIELDS BACK THE BALANCE OF HIS TIME. THE…

    THE GENTLEMAN FROM UTAH YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLELADY FROM CALIFORNIA IS RECOGNIZED.

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  • 02:28:52 PM

    MS. WATSON

    MADAM SPEAKER, I YIELD BACK THE BALANCE OF MY TIME.

  • 02:28:56 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY YIELDS BACK THE BALANCE OF HER TIME.

  • 02:29:00 PM

    MS. WATSON

    AND, MADAM SPEAKER, I OBJECT TO THE VOTE ON THE GROUNDS THAT A QUORUM IS…

    AND, MADAM SPEAKER, I OBJECT TO THE VOTE ON THE GROUNDS THAT A QUORUM IS NOT PRESENT AND I MAKE A POINT OF ORDER THAT A QUORUM IS NOT PRESENT.

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  • 02:29:10 PM

    THE SPEAKER PRO TEMPORE

    THE QUESTION IS WILL THE HOUSE SUSPEND THE RULES AND AGREE TO HOUSE…

    THE QUESTION IS WILL THE HOUSE SUSPEND THE RULES AND AGREE TO HOUSE RESOLUTION 1429. ALL THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, 2/3 BEING IN THE AFFIRMATIVE -- THE GENTLEWOMAN FROM CALIFORNIA IS RECOGNIZED.

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  • 02:29:35 PM

    MS. WATSON

    MADAM SPEAKER, I ASK FOR A VOTE. FOR THE YEAS AND NAYS.

  • 02:29:44 PM

    THE SPEAKER PRO TEMPORE

    THE YEAS AND NAYS ARE REQUESTED. ALL THOSE IN FAVOR OF TAKING THIS VOTE BY…

    THE YEAS AND NAYS ARE REQUESTED. ALL THOSE IN FAVOR OF TAKING THIS VOTE BY THE YEAS AND NAYS WILL RISE AND REMAIN STANDING UNTIL COUNTED. A SUFFICIENT NUMBER HAVING ARISEN, THE YEAS AND NAYS ARE ORDERED. PURSUANT TO CLAUSE 8 OF RULE 20 AND THE CHAIR'S PRIOR ANNOUNCEMENT, FURTHER PROCEEDINGS ON THIS MOTION WILL BE POSTPONED. FOR WHAT PURPOSE DOES THE THE GENTLEWOMAN FROM CALIFORNIA SEEK RECOGNITION?

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  • 02:30:15 PM

    MS. WATSON

    MADAM SPEAKER, I MOVE THAT THE HOUSE SUSPEND THE RULES AND AGREE TO THE…

    MADAM SPEAKER, I MOVE THAT THE HOUSE SUSPEND THE RULES AND AGREE TO THE BILL H.R. 2142.

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  • 02:30:29 PM

    THE SPEAKER PRO TEMPORE

    DOES THE GENTLEWOMAN INCLUDE AN AMENDMENT WITH HER RESOLUTION?

  • 02:30:36 PM

    THE SPEAKER PRO TEMPORE

    THE CLERK WILL REPORT THE TITLE OF THE BILL.

  • 02:30:39 PM

    THE CLERK

    A BILL TO REQUIRE THE REVIEW OF GOVERNMENT PROGRAMS AT LEAST ONCE EVERY…

    A BILL TO REQUIRE THE REVIEW OF GOVERNMENT PROGRAMS AT LEAST ONCE EVERY FIVE YEARS FOR PURPOSES OF ASSESSING THEIR PERFORMANCE AND IMPROVING THEIR OPERATIONS AND TO ESTABLISH THE PERFORMANCE IMPROVEMENT COUNCIL.

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  • 02:30:53 PM

    THE SPEAKER PRO TEMPORE

    PURSUANT TO THE RULE, THE GENTLEWOMAN FROM CALIFORNIA, MS. WATSON, AND THE…

    PURSUANT TO THE RULE, THE GENTLEWOMAN FROM CALIFORNIA, MS. WATSON, AND THE GENTLEMAN FROM UTAH, MR. CHAFFETZ, EACH WILL CONTROL 20 MINUTES. THE CHAIR RECOGNIZES THE GENTLEWOMAN FROM CALIFORNIA.

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  • 02:31:05 PM

    MS. WATSON

    ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS TO…

    ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS TO REVISE AND EXTEND THEIR REMARKS.

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  • 02:31:17 PM

    MS. WATSON

    NOW YIELD MYSELF SUCH TIME AS I MAY CONSUME.

  • 02:31:24 PM

    MS. WATSON

    SPEAKER, I RISE TODAY IN STRONG SUPPORT FOR H.R. 2142, THE GOVERNMENT…

    SPEAKER, I RISE TODAY IN STRONG SUPPORT FOR H.R. 2142, THE GOVERNMENT EFFICIENCY, EFFECTIVENESS, AND PERFORMANCE IMPROVEMENT ACT BY CONGRESSMAN KYAIRE -- KYYAR -- CUELLAR. I BELIEVE THE MEASURE BEFORE US WOULD STRENGTHEN THE OVERSIGHT AND POLICC PROCESSES IN PLACE FOR EVALUATING THE EFFECTIVENESS OF AGENCY PROGRAMS. THE ISSUE OF PERFORMANCE-BASED BUDGETING HAS BEEN LONG VIEWED AS THE NEXT STEP TO PURSUING A FRAMEWORK FOR MANAGING AGENCY RESOURCES AND JUSTIFYING OUR PROGRAM FUNDING DECISIONS. THESE ISSUES WERE DISCUSSED EXTENSIVELY DURING THE SUBCOMMITTEE ON GOVERNMENT MANAGEMENT, ORGANIZATION, AND PROCUREMENT HEARINGS ON H.R. 2142, THIS PAST APRIL. AS WELL AS DURING OUR SUBCOMMITTEE MARKUP ON MAY 5. AS A RESULT OF THESE EFFORTS, I BELIEVE THE BILL BEFORE US IS A MORE NIMBLE AND EFFECTIVE TOOL FOR AGENCY PERFORMANCE MEASUREMENT ACTIVITIES. DEVELOPING VALUABLE PERFORMANCE AND EVALUATION CRITERIA IS A DIFFICULT AND TIME CONSUMING PROCESS, BUT I BELIEVE THE BILL BEFORE US WILL PUSH OUR AGENCY -- AGENCIES TO MORE ABLY IDENTIFY PERTINENT GOALS FOR MEASURING A PROGRAM'S TRUE VALUE. I WANT TO THANK ALL THE RELEVANT STAKEHOLDERS WHO PARTICIPATED IN THE DEVELOPMENT OF AND THE MODIFICATIONS TO THE BILL THAT IS BEFORE US TODAY. AND I DEFINITELY WANT TO THANK CONGRESSMAN CUELLAR AND CHAIRMAN TOWNS FOR THEIR HARD WORK AND DILIGENCE IN THE DEVELOPMENT OF H.R. 2142, AND I WOULD ASK MY COLLEAGUES TO SUPPORT THIS MEASURE AND I ALSO WANT TO THANK THE STAFF FOR THEIR HARD WORK AND THE TIME THEY HAVE SPENT TRYING TO BRING TO THE FLOOR THIS PARTICULAR, VERY IMPORTANT MEASURE. AND WITH THAT, MADAM SPEAKER, I WOULD ASK THAT -- I RESERVE THE BALANCE OF MY TIME.

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  • 02:34:02 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY RESERVES THE BALANCE OF HER TIME. THE GENTLEMAN FROM UTAH…

    THE GENTLELADY RESERVES THE BALANCE OF HER TIME. THE GENTLEMAN FROM UTAH IS RECOGNIZED.

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  • 02:34:06 PM

    MR. CHAFFETZ

    THE GENTLEMAN FROM PENNSYLVANIA IS RECOGNIZED FOR AS MUCH TIME AS HE MAY…

    THE GENTLEMAN FROM PENNSYLVANIA IS RECOGNIZED FOR AS MUCH TIME AS HE MAY CONSUME.

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  • 02:34:13 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM PENNSYLVANIA IS RECOGNIZED FOR AS MUCH TIME AS HE MAY…

    THE GENTLEMAN FROM PENNSYLVANIA IS RECOGNIZED FOR AS MUCH TIME AS HE MAY CONSUME.

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  • 02:34:17 PM

    MR. PLATTS

    YOU, MADAM SPEAKER. I APPRECIATE THE GENTLEMAN YIELDING. MADAM SPEAKER, I…

    YOU, MADAM SPEAKER. I APPRECIATE THE GENTLEMAN YIELDING. MADAM SPEAKER, I RISE IN STRONG SUPPORT OF THIS LEGISLATION WHICH TAKES IMPORTANT STEPS TO ELIMINATE FEDERAL GOVERNMENT WASTE AND INEFFICIENCIES. I SERVED AS THE CHAIRMAN OF THE OVERSIGHT AND GOVERNMENT REFORM SUBCOMMITTEE ON GOVERNMENT MANAGEMENT FINANCE AND ACCOUNTABILITY FOR FOUR YEARS WHERE I FOCUSED MY EFFORTS ON MAKING THE FEDERAL GOVERNMENT MORE ACCOUNTABLE.% MY SUBCOMMITTEE HELD NUMEROUS HEARINGS WHICH ALL TOO OFTEN ACCOUNTING ERRORS SUCH AS OVERPAYMENT FOR SERVICES OR REDUNDANT PAYMENTS WERE DISCOVERED OR WHERE PROGRAMS WERE NOT EFFECTIVELY FULFILLING THEIR INTENDED MISSION. AT A TIME WHEN THE NATIONAL DEBT IS OVER $13 TRILLION, IT HAS NEVER BEEN MORE APPARENT THAT THE FEDERAL GOVERNMENT MUST SPEND TAX DOLLARS WISELY. FEDERAL PROGRAMS MUST BE MONITORED TO ENSURE OUR INVESTMENTS ARE PRESENTING CLEAR RESULTS AND THOSE PROGRAMS NOT PERFORMING EFFECTIVELY MUST BE REFORMED OR ELIMINATED. ONE OF THE REASONS WE FIND OURSELVES IN SUCH SUBSTANTIAL DEBT TODAY IS FEDERAL PROGRAMS NEVER END. BOTH HIGH PERFORMING AND LOW PERFORMING PROGRAMS CONTINUE ON YEAR AFTER YEAR AFTER YEAR. OFTEN WITH INCREASING FUNDS. THE FRL GOVERNMENT NEEDS A CLEAR EVALUATION PROCESS FOR EACH PROGRAM. THE RESULTS OF WHICH WOULD BE USED TO PROVIDE MEMBERS OF THIS HOUSE WITH INFORMATION NEEDED TO DETERMINE WHICH PROGRAMS SHOULD CONTINUE AND WHICH SHOULD NOT. THE LEGISLATION WE ARE CONSIDERING HERE TODAY SIMILAR TO LEGISLATION THAT I INTRODUCED IN THE 108TH AND 109TH SESSION OF CONGRESS WOULD REQUIRE ALL FEDERAL AGENCIES WORK WITH THE OFFICE F MANAGEMENT AND BUDGET TO CLEARLY IDENTIFY OUTCOME-BASED GOALS AND SUBMIT AN ACTION PLAN TO ACHIEVE THESE GOALS. AGENCIES WOULD BE REQUIRED TO CONDUCT ACCORDINGLY PERFORMANCE ASSESSMENTS, OUTLINING HOW EFFECTIVELY THEY ARE WORKING TO MEET THE STATED GOALS AND ALL INFORMATION WOULD BE AVAILABLE TO THE MEMBERS OF THE HOUSE AND SENATE ANTI-AMERICAN PEOPLE. IN ADDITION -- AND THE AMERICAN PEOPLE. IN ADDITION THE G.A.O. WOULD BE TASKED WITH PERFORMING FREQUENT AND DETAILED EVALUATIONS OUTLINING HOW EFFECTIVE EACH AGENCY HAS BEEN IN ACHIEVING THEIR GOALS. G.A.O. WOULD ALSO ASSESS WHETHER THE GOALS ARE APPROPRIATE AND DETERMINE IF PROGRAM IS PROVIDING DIRECT VALUE TO THE AMERICAN PEOPLE. THIS IMPARTIAL REVIEW OF FEDERAL PROGRAMS WILL ENSURE AGENCIES ARE BEING GOOD STEWARDS OF OUR FEDERAL TAXPAYER DOLLARS. I STRONGLY COMMEND MY COLLEAGUE, REPRESENTATIVE CUELLAR, FOR INTRODUCING THIS BILL TO ENSURE THAT FEDERAL RESOURCES ARE SPENT EFFICIENCY AND -- EFFICIENTLY AND WASTE IS MINIMIZED. NOW MORE THAN EVER WHILE AMERICANS ARE CUTTING EXTRANEOUS EXPENSE FROM THEIR BUDGETS, THE FEDERAL GOVERNMENT MUST DO THE SAME. I HOPE MY COLLEAGUES WOULD JOIN ME IN SUPPORTING THIS IMPORTANT EFFORT. I URGE A YES VOTE AND YIELD BACK THE BALANCE OF MY TIME.

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  • 02:36:58 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLELADY ROM…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLELADY ROM CALIFORNIA IS RECOGNIZED. MS.

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  • 02:37:02 PM

    MS. WATSON

    MADAM SPEAKER, I WOULD NOW LIKE TO YIELD TWO MINUTES TO THE REPRESENTATIVE…

    MADAM SPEAKER, I WOULD NOW LIKE TO YIELD TWO MINUTES TO THE REPRESENTATIVE FROM TEXAS, MR. HENRY CUELLAR.

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  • 02:37:14 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM TEXAS IS RECOGNIZED FOR TWO MINUTES.

  • 02:37:17 PM

    MR. CUELLAR

    MADAM CHAIR. THANK YOU VERY MUCH, MADAM CHAIR, FOR THE LEADERSHIP THAT…

    MADAM CHAIR. THANK YOU VERY MUCH, MADAM CHAIR, FOR THE LEADERSHIP THAT BOTH YOU AND CHAIRMAN TOWNS HAVE PROVIDED IN THE COMMITTEE OVERSIGHT, AND OF COURSE YOUR STAFF HAS WORKED SO HARD MAKING SURE THAT WE GET THIS PASSED. MY STAFF ALSO WORKED VERY, VERY HARD ON THIS, ON THE COMMITTEE ALSO I CERTAINLY WANT TO THANK RANKING MEMBER ISSA FOR HIS INPUT AND FOR HIS AMENDMENT ALSO THAT WE ACCEPTED. OF COURSE HIS STAFF ALSO FOR GETTING THIS WORK DONE. CERTAINLY WANT TO THANK THE OTHER STAKEHOLDERS, G.A.O., O.M.B., BLOG -- BLUE DOG COALITION, OTHER FOLKS WHO WORKED TO MAKE THIS INTO A BIPARTISAN BILL. IN PARTICULAR I WANT TO POINT OUT TO MY FRIEND, TOM PLATTS, WHO HAS BEEN WORKING ON THIS PARTICULAR BILL THE LAST FEW SESSIONS, BUILDING THE FOUNDATION AND WE WENT AND LOOKED AT HIS BILL AND LOOKED AT SOME OF THE OTHER THINGS THAT WE WERE WORKING ON AND PUT IT TOGETHER AS A BIPARTISAN BILL. H.R. 2142 CREATES A GOVERNMENT THAT WORKS WITH THE PEOPLE, COMMONSENSE CONCEPT THAT EMPHASIZES A COUPLE OF THINGS. ONE, INCREASES GOVERNMENT ACCOUNTABILITY WHILE FEDERAL AGENCIES MUST IDENTIFY COST CUTTING, OUTCOME BASED GROWTH THAT HAVE A DIRECT IMPACT ON THE AMERICAN PEOPLE. SHINES LIGHT ON INEFFECTIVE FEDERAL PROGRAMS TO ROOT OUT WASTEFUL SPENDING WHETHER THEY ARE HELD ACCOUNTABLE. AND MORE IMPORTANTLY SENIOR MANAGEMENT WILL BE HELD AACOUNTABLE FOR THIS WORK. G.A.O., OVERSIGHT ON THE USE OF TAXPAYERS DOLLARS, WASTEFUL SPENDING REQUIRES THE G.A.O. TO PERFORM FREQUENT DETAILED EVALUATIONS OF THE AGENCY IMPLEMENTATION OF THIS LEGISLATION. AND FINALLY, IF I CAN SAY THIS, IT WOULD NOT ADD TO THE FEDERAL DEFICIT. AS YOU KNOW THE C.B.O. SAYS IT DOES NOT AFFECT THE DIRECT SPENDING OR REVENUES. MOREOVER DREGSARY COSTS WILL BE OFFSET BY SAVINGS FROM A MORE EFFECTIVE MANAGEMENT OF AGENCY LOWER COSTS. MR. CHAFFETZ, JUST TO MAKE SURE WHAT WE DID WORKING WITH MY FRIEND, MR. ISSA, WE ADDED SOME SPECIFIC LANGUAGE AND I QUOTE, FUNDS TO REPORTING -- MAY I HAVE 15 SECONDS.

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  • 02:39:43 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLELADY YIELDS AND ADDITIONAL 15 SECONDS.

  • 02:39:49 PM

    MR. CUELLAR

    ADDED LANGUAGE THAT AGENCIES SHALL REPORT THE REQUIREMENTS OF THIS ACT OUT…

    ADDED LANGUAGE THAT AGENCIES SHALL REPORT THE REQUIREMENTS OF THIS ACT OUT OF THE EXISTING BUDGET. SO THIS ADDRESSES THE ISSUES MR. CHAFFETZ, SOME OTHER FOLKS, AND I THINK THIS WILL BE A GOOD BILL WE CAN ALL SUPPORT IN A BIPARTISAN WAY.

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  • 02:40:05 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN'S TIME HAS EXPIRED. THE GENTLEMAN FROM UTAH IS RECOGNIZED.

  • 02:40:10 PM

    MR. CHAFFETZ

    SPEAKER, I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

  • 02:40:13 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN IS RECOGNIZED.

  • 02:40:17 PM

    MR. CHAFFETZ

    DEALING WITH HIGH UNEMPLOYMENT, RECORD BUDGET DEFICITS, A DEBT THAT SEEMS…

    DEALING WITH HIGH UNEMPLOYMENT, RECORD BUDGET DEFICITS, A DEBT THAT SEEMS INSURMOUNTABLE. THE CHALLENGES THIS CONGRESS FACE CAN NOT BE MORE CLEAR. WE MUST CUT WASTEFUL SPENDING. WE HAVE TO DO IT. WE HAVE NO OTHER CHOICE. THE FEDERAL GOVERNMENT SPENDING TO REDUCE OUR NATION'S DEBT IS PARAMOUNT TO OUR SUCCESSFUL FUTURE. IF WE WANT TO BE THE WORLD'S ECONOMIC AND MILITARY SUPERPOWER, WE ARE GOING TO HAVE TO CHANGE THE WAY WE DO BUSINESS IN WASHINGTON, D.C. PERFORMANCE-BASED BUDGETING CAN BE AN EFFECTIVE TOOL TO DO JUST THAT. THEY CAN MAKE CLEAR WHAT FEDERAL PROGRAMS ARE NOT PERFORMING AND THEN IT CAN SPELL OUT WHAT FEDERAL PROGRAMS ARE DUPLICATIVE IN NATURE. PERFORMANCE BASED BUDGETING DICTATES WE IDENTIFY THE PROBLEM AND ENACT A SOLUTION. IT'S NOT ENOUGH TO JUST RECOGNIZE THERE'S A PROBLEM. MOSTAL OF US CAN STEP FORWARD AND SAY WE ARE SPENDING TOO MUCH MONEY. BUT THE QUESTION IS, THE CORE QUESTION BECOMES WHAT ARE THE CHANGES THAT -- WHAT ARE WE GOING TO MAKE? ONE OF THE CHALLENGES THAT WE SEE WITHIN THE BILL IS THAT IT'S NOT NECESSARILY PERFORMANCE-BASED BUGGING -- BUDGETING BECAUSE THE QUESTION BECOMES WHAT ARE YOU GOING TO DO ABOUT IT? IT SETS OUT TO DIAGNOSE A PROBLEM THAT WE ALREADY KNOW EXISTS BUT DOES NOT NECESSARILY FOLLOW THROUGH AND PRESCRIBE A CURE. WE KNOW THERE ARE DUPLICATIVE AND NONPERFORMING FEDERAL PROGRAMS. WE KNOW THIS. WE NEED TO FINISH THE JOB AND ACTUALLY CUT THOSE PROGRAMS. TO BE COMPLETE THE BILL MUST SUGGEST THAT. IN ITS CURRENT FORM THIS BILL DOES NOT NECESSARILY HELP US REIN IN THESE PROGRAMS. FOR EXAMPLE, JUST LAST WEEK IN OUR INFORMATION POLICY SUBCOMMITTEE WE HELD A HEARING IN THE NATIONAL HISTORICAL PUBLICATIONS AND RECORDS COMMISSIONS, A PROGRAM THAT APPEARS TO GIVE GRANTS DUPLICATIVE OF GRANTS IN THE NATIONAL ARCHIVES AND RECORDS ADMINISTRATION. I QUESTIONED THEN AND ASK IT AGAIN TODAY WHY SHOULD WE CONTINUE TO FUND THIS DUPLICATIVE PROGRAM? IT COSTS THE COMMITTEE NOTHING TO FIND OUT THIS DUPLICATION. WHY IF WE CANNOT TRIM $10 MILLION OF FEDERAL SPENDING WITHOUT -- WHY SHOULD WE AUTHORIZE $150 MILLION TO BE SPENT? WHAT EXACTLY DO WE EXPECT FOR IT DO BRING IN RETURN? THE CONGRESSIONAL BUDGET OFFICE ESTIMATES THIS BILL WILL COST THE FEDERAL GOVERNMENT TO SPEND $150 MILLION TO DETERMINE WHAT MANY PEOPLE ALREADY KNOW. WE HAVE FEDERAL GOVERNMENT PROGRAMS THAT ARE NOT PERFORMING AND DUPLICATIVE, BUT THE BILL BEFORE US LEAVES WASTEFUL PROGRAMS INTACT. AS WE CAME TO THE FLOOR, ONE OF THE AMENDMENTS THAT WAS OFFERED AND I REALLY TRULY DO APPRECIATE, THE SPONSOR OF THE BILL, MR. CUELLAR, ADDED LANGUAGE THAT SAYS, QUOTE, AGENCIES SHALL FUND THE REPORTING REQUIREMENTS OF THIS ACT OUT OF EXISTING BUDGETS AND AUTHORIZED TO MAKE NECESSARY REPROGRAMMING OF FUNDS, END QUOTE. SINCERELY APPRECIATE IT. IN EVERY WAY, SHAPE, AND FORM. THIS GOES A HUGE WAY TO MAKING THIS PALATABLE TO A LOT OF CONSERVATIVES CONCERNED ABOUT SPENDING AN ADDITIONAL $150 BILLION. I STILL QUESTION WHY IT TAKES SO MUCH MONEY FOR PEOPLE TO DO THE JOBS THEY ARE SUPPOSED TO DOFMENT PLEASE KNOW THE SINCERITY IN WHICH THE SPONSOR IS OFFERING THIS IS GREATLY APPRECIATED IN EVERY WAY, SHAPE, AND FORM. I THINK IT GOES A HUGE WAY TO CAUSING A LOT OF PEOPLE TO BE ABLE TO SUPPORT THIS, PARTICULARLY FROM THE REPUBLICAN SIDE OF THE AISLE. CANNOT THANK YOU ENOUGH FOR THE ATTITUDE AND APPROACH AND ACTUAL LISTENING OF THAT. FOR THAT WE ARE VERY, VERY THANKFUL. I DO WISH THIS BILL WOULD COME UNDER A RULE, AN OPEN RULE, IT'S HARD TO BELIEVE BUT AS A FRESHMAN IN THIS UNITED STATES CONGRESS I WILL LIKELY GO THROUGH MY ENTIRE FRESHMAN CONGRESS, THE 111TH CONGRESS, HAVING NEVER EXPERIENCED, EVEN ONCE, AN OPEN RULE ON THE FLOOR OF THE HOUSE OF REPRESENTATIVES. THAT'S A SHAME. THAT'S A SHAME. THERE SHOULD BE A WAY FOR THE MECHANISM WHERE THIS BILL IS BROUGHT UNDER A RULE, OPEN RULE, WHERE MEMBERS ON BOTH SIDES OF THE AISLE, CAN OFFER AMENDMENTS AND WE CAN VOTE ON THOSE AMENDMENTS. UNFORTUNATELY THAT'S NOT GOING TO HAPPEN. WE SHOULD NOT NECESSARILY PASS THE BILL THAT DOES NOT HAVE TOUGH ENFORCEMENT MECHANISMS. WE CAN AND DO MUCH BETTER THAN THIS. THIS BODY MUST MAKE TOUGH CHOICES TO ELIMINATE WASTEFUL GOVERNMENT SPENDING. IT SHOULD NOT PASS LEGISLATION. WITH GREAT TITLES, A-PLUS ON THE TITLES GIVEN THESE BILLS. THEY ARE GOOD. WHO IS GOING TO VOTE AGAINST EFFICIENCY, EFFECTIVENESS, AND PERFORMANCE. BUT IT DOESN'T NECESSARILY RESPECT WHAT'S IN THE BILL. MY COLLEAGUE, ERIC SCHOCK FROM ILLINOIS, OFFERED A GREAT AMENDMENT WHICH WAS SHOT DOWN WHICH WOULD PUT A SUNSETTING PROVISION IN PROGRAMS NOT PERFORMING. THE PREVIOUS ADMINISTRATION THERE WAS ONE SITE CALLED EXPECTMORE.GOV. IT DID AN ASSESSMENT OF PROGRAMS. IT WAS PUSHED BY THE OFFICE OF MANAGEMENT AND BUDGET. IT HAD A DASHBOARD INDICATOR HOW THESE PROGRAMS THAT WERE INSTITUTED BY THE CONGRESS, HOW THEY WERE PERFORMING BASED ON THEIR OWN SET OF CRITERIA SET IN ADVANCE. IN ALLOWED THE AMERICAN PEOPLE TO ACTUALLY HAVE EXPOSURE. UNFORTUNATELY EXPECTMORE.GOV UNDER THE CURRENT ADMINISTRATION IS NO LONGER MAINTAINED. THE INFORMATION IS NOT UP TO DATE AND CONSEQUENTLY THE AMERICAN PEOPLE DO NOT HAVE ACCESS TO THE INFORMATION. I ENCOURAGE THE ADMINISTRATION AND SUPPORT FROM BOTH SIDES OF THE AISLE TO REINSTITUTE THIS WEBSITE. I WANT TO CONCLUDE BY QUOTING OFFICE OF MANAGEMENT AND BUDGET DIRECTOR, ON MAY 24 THIS YEAR, MR. ORSZAG SAID, QUOTE, WE SHOULD NEVER TOLERATE TAXPAYER DOLLARS GOING TO PROGRAMS THAT DUPLICATIVE OR ININEFFECTIVE BECAUSE IN THIS FACE CAL ENVIRONMENT WE CANNOT AFFORD THIS. END QUOTE. HE'S RIGHT. ABSOLUTELY RIGHT. WE CANNOT AFFORD TO LET THESE PROGRAMS GO ON AND CONGRESS NEEDS TO STEP TO THE PLATE AND DO SOMETHING ABOUT IT. . SO I DO APPRECIATE THE AMENDMENT THAT WAS OFFERED OF GOING A LONG WAY TO GET A LOT OF SUPPORT. I DO WISH THIS BILL WOULD COME UNDER A RULE, AND I'LL RESERVE THE BALANCE OF MY TIME, MADAM SPEAKER.

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  • 02:46:11 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLELADY FROM…

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLELADY FROM CALIFORNIA IS RECOGNIZED.

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  • 02:46:16 PM

    MS. WATSON

    YES, MADAM SPEAKER, I'D LIKE TO YIELD THREE MINUTES TO OUR MOST…

    YES, MADAM SPEAKER, I'D LIKE TO YIELD THREE MINUTES TO OUR MOST DISTINGUISHED CHAIR OF THE OVERSIGHT COMMITTEE, THE GENTLEMAN FROM NEW YORK, REPRESENTATIVE EDOLPHUS TOWNS.

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  • 02:46:24 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM NEW YORK IS RECOGNIZED FOR THREE MINUTES.

  • 02:46:28 PM

    MR. TOWNS

    THANK YOU VERY MUCH, MADAM SPEAKER. I'D ALSO LIKE TO THANK THE GENTLEWOMAN…

    THANK YOU VERY MUCH, MADAM SPEAKER. I'D ALSO LIKE TO THANK THE GENTLEWOMAN FROM CALIFORNIA, THE SUBCOMMITTEE CHAIR, FOR YIELDING TIME TO ME. AND I RISE IN STRONG SUPPORT OF THIS BILL, H.R. 2142, AND I ALSO WOULD LIKE TO THANK CONGRESSMAN CUELLAR FOR HIS HARD WORK IN MAKING THIS A REALITY TODAY, CONGRESSMAN PLATS WHO'S WORKED ON THIS FOR NOW MANY -- CONGRESSMAN PLATTS, WHO'S WORKED ON THIS FOR NOW MANY, MANY YEARS, AND RANKING MEMBER ISSA, THE RANKING MEMBER OF THE COMMITTEE. AFTER CONSULTATION WE WORKED IT OUT, AND NOW WE'VE COME TO THIS PART AND BE ABLE TO MOVE THIS LEGISLATION FORWARD, WHICH I %% THINK IS AN EXCELLENT BILL. OF COURSE, THE DIALOGUE MADE IT EVEN STRONGER. I APPRECIATE THE COMMITMENT AND DETERMINATION OF THE GENTLEMAN FROM TEXAS, MR. CUELLAR, FOR ADVANCING THIS BILL AND HIS WILLINGNESS TO WORK WITH ME, THE RANKING MEMBER OF THE OVERSIGHT COMMITTEE, MR. ISSA, AND OTHER MEMBERS OF THE COMMITTEE TO MAKE THIS BILL STRONGER AND TO MAKE CERTAIN THAT WE'RE HERE TODAY SAYING THAT THIS BILL TRULY WILL MAKE A DIFFERENCE. A NUMBER OF CHANGES WERE MADE TO THIS BILL DURING THE COMMITTEE PROCESS TO ADDRESS CONCERNS RAISED BY REPUBLICANS AND DEMOCRAT MEMBERS OF THE COMMITTEE AS WELL AS THE OFFICE OF MANAGEMENT AND BUDGET AND THE GOVERNMENT ACCOUNTABILITY OFFICE AS WELL. H.R. 2142 WOULD IMPROVE THE EFFICIENCY OF THE FEDERAL GOVERNMENT BY REQUIRING EACH AGENCY TO IDENTIFY AMBITIOUS GOALS AND PERFORM FREQUENT PERFORMANCE EVALUATIONS. THE BILL IMPROVES THE TRANSPARENCY OF THE PERFORMANCE MANAGEMENT PROCESS BY REQUIRING THE RESULTS OF PERFORMANCE ASSESSMENTS TO BE MADE PUBLICLY AND AVAILABLE. THE BILL PROVIDES GREATER ACCOUNTABILITY BY REQUIRING AGENCIES TO CONSIDER INPUT FROM CONGRESS AND MEMBERS OF THE PUBLIC. AND BY REQUIRING THE GOVERNMENT ACCOUNTABILITY OFFICE TO PERFORM FREQUENT AND DETAILED EVALUATIONS OF THE AGENCY IMPLEMENTATION. THERE ARE A FEW MISCONCEPTIONS ABOUT THIS BILL, AND LET ME JUST SORT OF TALK TO THAT FOR A MOMENT. THE FIRST MISCONCEPTION IS THAT THE BILL COSTS TOO MUCH MONEY. THE TRUTH IS THAT THE BILL WILL SAVE THE GOVERNMENT MONEY, AND I WANT TO REPEAT THAT. IT WILL SAVE THE GOVERNMENT MONEY, NOT COST MORE MONEY. C.B.O. SAYS THE IMPLEMENTING OF THIS LEGISLATION COULD LEAD TO A MORE FEBTIVE MANAGEMENT OF AGENCIES AT LOWER COSTS. SO WE'D BE DOING A LOT EVEN FOR OTHER AGENCIES. THIS BILL WILL MAKE THE GOVERNMENT MORE COST-EFFECTIVE BECAUSE IT REQUIRES AGENCIES TO EVALUATE THEIR PERFORMANCE. THIS WILL ALLOW AGENCIES TO IDENTIFY WASTE, INEFFICIENCY AND CHANGE WHAT ISN'T WORKING. THIS IS WHAT SUCCESSFUL CORPORATIONS DO REGULARLY, AND THIS IS WHAT THE GOVERNMENT SHOULD DO AS WELL. THIS BILL REQUIRES AGENCIES TO CREATE NEW POSITIONS AND, OF COURSE, ON THAT NOTE, BEING I DO NOT HAVE ANYTHING TO YIELD BACK, I'LL SAY TO THE GENTLEMAN FROM TEXAS AND THE GENTLEMAN FROM PENNSYLVANIA, THANK YOU FOR THIS OUTSTANDING PIECE OF LEGISLATION.

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  • 02:49:58 PM

    THE SPEAKER PRO TEMPORE

  • 02:50:02 PM

    MR. CHAFFETZ

    THANK YOU, MADAM SPEAKER. I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

  • 02:50:06 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN IS RECOGNIZED.

  • 02:50:08 PM

    MR. CHAFFETZ

    I SIMPLY JUST WANT TO NOTE FOR THE RECORD THAT QUOTING FROM THE C.B.O.…

    I SIMPLY JUST WANT TO NOTE FOR THE RECORD THAT QUOTING FROM THE C.B.O. REPORT OF JUNE 7, 2010, REGARDING H.R. 2142, QUOTE, FINALLY IMPLEMENTING H.R. 2142 COULD, COULD LEAD TO MORE EFFECTIVE MANAGEMENT OF GOVERNMENT AGENCIES AND LOWER COSTS. ANY SUCH SAVINGS WOULD BE FOUND IN FUTURE APPROPRIATIONS ACTS, END QUOTE. THE INTENTION OF THIS IS GOOD. I THINK IN A BIPARTISAN WAY WE WANT THE GOVERNMENT TO BECOME MORE EFFICIENTT HOW DO WE DO THAT -- BUT THE INTENTION OF THIS BILL I THINK IS A POSITIVE ONE. WITH THAT I YIELD BACK THE BALANCE OF OUR TIME.

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  • 02:50:42 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLELADY FROM…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLELADY FROM CALIFORNIA IS RECOGNIZED.

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  • 02:50:48 PM

    MS. WATSON

    MADAM SPEAKER, I'D LIKE TO YIELD TWO MINUTES TO THE DISTINGUISHED MEMBER…

    MADAM SPEAKER, I'D LIKE TO YIELD TWO MINUTES TO THE DISTINGUISHED MEMBER FROM FLORIDA, REPRESENTATIVE ALLEN BOYD.

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  • 02:50:56 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM FLORIDA IS RECOGNIZED FOR TWO MINUTES.

  • 02:50:59 PM

    MR. BOYD

    THANK YOU, MADAM SPEAKER, AND I THANK THE GENTLELADY FROM CALIFORNIA FOR…

    THANK YOU, MADAM SPEAKER, AND I THANK THE GENTLELADY FROM CALIFORNIA FOR YIELDING. MADAM SPEAKER, AS A LONGTIME ADVOCATE OF RESTORING FISCAL RESPONSIBILITY IN WASHINGTON, I RISE IN STRONG SUPPORT OF H.R. 2142. THIS IS AN ISSUE, MADAM SPEAKER, THAT I WORKED ON FOR MANY YEARS, INCLUDING MY TIME IN THE FLORIDA HOUSE OF REPRESENTATIVES, AT WHICH TIME I PERSONALLY AUTHORED A BILL WHICH DOES MANY OF THE SAME THINGS. AND WE AFFECTIONATELY CAME TO KNOW THAT BILL AS PERFORMANCE-BASED BUDGETING. THAT'S A NOVEL IDEA, ISN'T IT? P.B. SQUARED, AS YOU KNOW. MANY OF YOU KNOW THAT I AM A MEMBER OF THE BLUE DOG COALITION. THIS BILL IS ONE STEP OF MANY THAT WILL MOVE US TOWARDS THESE GOALS OF EFFECTIVE AND EFFICIENT GOVERNMENT. H.R. 2142 REQUIRES THE PEOPLE CLOSEST TO THE GROUND THAT ARE DIRECTLY INVOLVED IN GOVERNMENT PROGRAMS TO ASSESS THOSE PROGRAMS AND LIVE UP TO THE GOALS AND STANDARD THAT HAVE BEEN SET FOR THEIR PROGRAMS. THIS IS HELPFUL TO THE FEDERAL AGENCIES. IT'S HELPFUL TO THE TAXPAYER AND IT'S CERTAINLY HELPFUL FOR CONGRESS IN OUR OVERSIGHT DUTIES. GIVEN TODAY'S FISCAL SITUATION, IT IS MORE IMPORTANT NOW THAN EVER FOR THE FEDERAL GOVERNMENT TO BE MAKING TOUGH DECISIONS IN ORDER TO MAKE THE MOST OUT OF EVERY SINGLE TAXPAYER DOLLAR. EACH OF US, NO MATTER WHAT OUR POLITICAL LEANING IS, SHOULD BE CONFIDENT THAT THE PROGRAMS WE SUPPORT AND THAT SERVE OUR CONSTITUENCIES ARE RESULTING IN THE BIGGEST BANG FOR THE BUCK. I WANT TO PERSONALLY THANK MR. CUELLAR FROM TEXAS, MR. PLLTTS. MR. CUELLAR, WHO IS A FELLOW MEMBER OF OUR BLUE DOG TASK FORCE, FOR INTRODUCING THIS BILL, AND HIS FELLOW MEMBER, MR. TODD PLATTS. I WANT TO THANK CHAIRMAN TOWNS AND RANKING MEMBER ISSA AND THE HOUSE LEADERSHIP FOR THEIR SUPPORT OF THIS INITIATIVE. THE CONGRESS IS TAKING STRIDES TO INSTILL A GREATER SENSE OF FISCAL RESPONSIBILITY OVER THE LAST YEAR INCLUDING ENACTMENT OF THE PAY-AS-YOU-GO LANGUAGE AND A COMMISSION. THIS BILL SEEKS TT ENSURE THAT WE ARE ACTING AS RESPONSIBLY AS POSSIBLE AS STEWARDS OF OUR TAXPAYER DOLLARS. OUR EFFORTS DO NOT STOP HERE, HOWEVER. MY BLUE DOG COLLEAGUES AND I HAVE UNVEILED A 15-POINT BLUEPRINT FOR RESPONSIBLE FISCAL REFORM. MAY I HAVE AN ADDITIONAL 10 SECONDS? 15?

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  • 02:53:27 PM

    MS. WATSON

    IS REQUESTED, AN ADDITIONAL 15 SECONDS.

  • 02:53:33 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN IS RECOGNIZED FOR 15 SECONDS.

  • 02:53:36 PM

    MR. BOYD

    MY BLUE DOG COLLEAGUES AND I HAVE UNVEILED A 15-POINT BLUEPRINT FOR…

    MY BLUE DOG COLLEAGUES AND I HAVE UNVEILED A 15-POINT BLUEPRINT FOR RESPONSIBLE FISCAL REFORM. WE WILL CONTINUE TO ELIMINATE WASTEFUL SPENGED AND MOVE TOWARD A BALANCE -- SPENDING AND MOVE TOWARD A BALANCED BUDGET. I URGE A YES VOTE ON H.R. 2142, AND I YIELD BACK THE BALANCE OF MY TIME.

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  • 02:53:53 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM UTAH…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM UTAH HAS YIELDED BACK THE BALANCE OF HIS TIME. THE GENTLELADY FROM CALIFORNIA IS RECOGNIZED.

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  • 02:54:02 PM

    MS. WATSON

    MADAM SPEAKER, I AGAIN URGE MY COLLEAGUES TO JOIN ME IN SUPPORTING THIS…

    MADAM SPEAKER, I AGAIN URGE MY COLLEAGUES TO JOIN ME IN SUPPORTING THIS MEASURE, AND I RESERVE THE BALANCE OF MY TIME.

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  • 02:54:14 PM

    THE SPEAKER PRO TEMPORE

    DOES THE GENTLELADY YIELD?

  • 02:54:19 PM

    THE SPEAKER PRO TEMPORE

    FOR WHAT PURPOSE DOES THE GENTLEMAN FROM AMERICAN SAMOA SEEK RECOGNITION?

  • 02:55:43 PM

    THE SPEAKER PRO TEMPORE

    FOR WHAT PURPOSE DOES THE GENTLEMAN FROM AMERICAN SAMOA SEEK RECOGNITION?

  • 02:55:47 PM

    MR. FALEOMAVAEGA

    MADAM SPEAKER, I MOVE TO SUSPEND THE RULES AND AGREE TO THE RESOLUTION,…

    MADAM SPEAKER, I MOVE TO SUSPEND THE RULES AND AGREE TO THE RESOLUTION, HOUSE JOINT RESOLUTION 89 AS AMENDED.

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  • 02:55:54 PM

    THE SPEAKER PRO TEMPORE

    THE CLERK WILL REPORT THE OF THE JOINT RESOLUTION.

  • 02:55:58 PM

    THE CLERK

    HOUSE JOINT RESOLUTION 89, JOINT RESOLUTION RECOGNIZING THE 60TH…

    HOUSE JOINT RESOLUTION 89, JOINT RESOLUTION RECOGNIZING THE 60TH ANNIVERSARY OF THE OUTBREAK OF THE KOREAN WAR AND REAFFIRMING THE UNITED STATES-KOREA ALLIANCE.

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  • 02:56:09 PM

    THE SPEAKER PRO TEMPORE

    PURSUANT TO THE RULE, THE GENTLEMAN FROM AMERICAN SAMOA, MR. FALEOMAVAEGA,…

    PURSUANT TO THE RULE, THE GENTLEMAN FROM AMERICAN SAMOA, MR. FALEOMAVAEGA, AND THE GENTLEMAN FROM ARKANSAS, MR. BOOZMAN, EACH WILL CONTROL 20 MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM AMERICAN SAMOA.

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  • 02:56:23 PM

    MR. FALEOMAVAEGA

    MADAM SPEAKER, I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE…

    MADAM SPEAKER, I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS TO REVISE AND EXTEND THEIR REMARKS AND INCLUDE EXTRANEOUS MATERIAL ON THE RESOLUTION UNDER CONSIDERATION.

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  • 02:56:36 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN --

  • 02:56:38 PM

    MR. FALEOMAVAEGA

    MADAM SPEAKER, I ASK UNANIMOUS CONSENT TO SUBMIT FOR THE RECORD LETTERS…

    MADAM SPEAKER, I ASK UNANIMOUS CONSENT TO SUBMIT FOR THE RECORD LETTERS BETWEEN THE CHAIRMAN OF THE FOREIGN AFFAIRS COMMITTEE, THE GENTLEMAN FROM CALIFORNIA, MR. BERMAN, AND OTHER COMMITTEES OF JURISDICTION.

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  • 02:56:47 PM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION.

  • 02:56:49 PM

    MR. FALEOMAVAEGA

    MADAM SPEAKER, I RISE IN STRONG SUPPORT OF THIS JOINT RESOLUTION, AND I…

    MADAM SPEAKER, I RISE IN STRONG SUPPORT OF THIS JOINT RESOLUTION, AND I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

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  • 02:56:55 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN IS RECOGNIZED.

  • 02:56:57 PM

    MR. FALEOMAVAEGA

    MADAM SPEAKER, THIS RESOLUTION BEFORE US TODAY, HOUSE JOINT RESOLUTION 86,…

    MADAM SPEAKER, THIS RESOLUTION BEFORE US TODAY, HOUSE JOINT RESOLUTION 86, RECOGNIZES THE 60TH ANNIVERSARY OF THE OUTBREAK OF THE KOREAN WAR AND%% REAFFIRMS THE STRONG UNITED STATES-REPUBLIC OF KOREA ALLIANCE. THIS RESOLUTION ILL HELP ENSURE THAT THE BONDS WE FORGED IN BLOOD DURING THE KOREAN WAR WILL NEVER BE FORGOTTEN. TODAY, THE UNITED STATES AND THE REPUBLIC OF KOREA'S RELATIONSHIP IS STRONGER THAN EVER, ENCOMPASSING SOCIAL, ECONOMIC SECURITY AND DIPLOMATIC RELATIONS. LAST YEAR'S JOINT VISION STATEMENT BETWEEN OUR TWO NATIONS PROVIDED AN IMPORTANT REMINDER TO THE IMPORTANCE OF THE BILATERAL RELATIONSHIP BETWEEN OUR TWO COUNTRIES. OUR TWO COUNTRIES ARE WORKING AS CLOSELY AS EVER ON THE PROBLEMS OF NORTH KOREA, WHICH IS CRITICALLY IMPORTANT SINCE NORTH KOREA CONTINUES ITS FABRICATIONS, INCLUDING NUCLEAR MISSILE TESTS, AND JUST RECENTLY, THE SINKING OF THE SOUTH KOREAN SHIP, THE CHEONAN, WHICH RESULTED IN SOME 46 SAILORS FROM THIS TRAGEDY. WITH PRESIDENT LEE CHAIRING THE G-20 MEETING IN SOUTH KOREA, THIS IS CERTAINLY INDICATIVE OF SOUTH KOREA'S PROMINENCE IN INTERNATIONAL TRADE AND ECONOMIC DEVELOPMENT. FOR OUR PART, MADAM SPEAKER, I HAVE LONG SUPPORTED THE KOREA-U.S. FREE TRADE AGREEMENT TO FURTHER SUCH GROWTH. I CONTINUE TO HOPE THAT THE CONGRESS WILL ALSO PASS THIS FREE TRADE AGREEMENT AS SOON AS POSSIBLE BECAUSE IT WILL RE-ENFORCE KOREA TIES AND CREATES AMERICAN JOBS. FOR THE BENEFIT OF MY COLLEAGUES, I WANT TO NOTE THAT THIS FREE TRADE AGREEMENT WITH SOUTH KOREA WILL PROVIDE SOMEWHERE BETWEEN $11 BILLION AND $20 BILLION IN EXPORT TRADE BETWEEN OUR TWO COUNTRIES, WHICH WILL BE OF TREMENDOUS BENEFIT TO OUR COUNTRY. I ALSO WANT TO THANK MY DEAR FRIEND FROM NEW YORK, THE GENTLEMAN FROM NEW YORK, CONGRESSMAN CHARLES RANGEL, FOR HIS SERVICE TO OUR COUNTRY DURING THE KOREAN WAR, FOR HIS LONG AND ABLED SERVICE IN THE HOUSE OF REPRESENTATIVES AND FOR HIS AUTHORSHIP OF THIS IMPORTANT RESOLUTION. I WILL ALSO WANT TO NOTE OUR OTHER COLLEAGUES WHO ARE ALSO VETERANS OF THE KOREAN WAR, CONGRESSMAN JOHN CONYERS OF MICHIGAN, CONGRESSMAN SAMUEL JOHNSON OF TEXAS, AND CONGRESSMAN HOWARD COBLE OF NORTH CAROLINA. MY APOLOGIES IF I MAY HAVE LEFT OUT OTHER MEMBERS, BUT IT CERTAINLY WAS NOT INTENTIONAL, MADAM SPEAKER, AND I ALSO WANT TO THANK THEM AS WELL. CONGRESSMAN RANGEL FOUGHT IN THE KOREAN WAR FROM 1950 TO 1952 AS A MEMBER OF THE 503 BATTALION ALL-BLACK ARTILLERY UNIT IN THE SECOND INFANTRY DIVISION. LATE NOVEMBER, 1950, HIS UNIT WAS ENGAGED IN HEAVY FIGHTING IN NORTH KOREA, AND IN THE BATTLE CONGRESSMAN RANGEL WAS PART THAT WAS TRAPPED AND ATTACKED BY CHINESE ARMY. DURING THAT ATTACK HE WAS INJURED IN THE BACK BY SHRAPNEL FROM A CHINESE SHELL. IN SUBZERO WEATHER, MEMBERS OF THE 503 BATTALION LOOKED AT MR. RANGEL, THEN A PRIVATE FIRST CLASS, FOR HIS LEADERSHIP. DURING THREE DAYS OF FREEZING WEATHER HE LED APPROXIMATELY 40 MEN FROM HIS UNIT OUT OF THE CHINESE ENCIRCLEDMENT. CONGRESSMAN RANGEL COMMENTED, AND I QUOTE, THAT WAS JUST THE COLDEST PLACE EVER IN THE WHOLE WORLD. WE LOST A LOT OF GUYS WHO DIED IN THEIR SLEEPING BAGS, END OF QUOTE. NEARLY HALF WERE KILLED IN THE OVERALL BATTLE. AND MIGHT I MENTION, MADAM SPEAKER, A BATTALION IS COMPOSED OF ABOUT 600 SOLDIERS. SO YOU CAN IMAGINE THAT 50% OF THE 503 BATTALION WERE KILLED IN THE KOREAN WAR. CONGRESSMAN RANGEL WAS LATER RECOGNIZED FOR HIS COURAGE AND AWARDED A PURPLE HEART FOR HIS WOUNDS AND THE BRONZE STAR WITH VALOR FOR HIS HEROIC EFFORTS. IN ADDITION HE WAS AWARDED THE PRESIDENTIAL UNIT CITATION AND THREE BATTLE STARS. SUMMING UP HIS EXPERIENCE, MADAM SPEAKER, CONGRESSMAN RANGEL ONCE SAID, AND I QUOTE, SINCE, AND I MEAN WITH ALL MY HEART, I HAVE NEVER, NEVER HAD A BAD DAY. END OF QUOTE. MIGHT ALSO NOTE, MADAM SPEAKER, CONGRESSMAN JOHN CONYERS FROM MICHIGAN SERVED FOR TWO YEARS IN THE MICHIGAN NATIONAL GUARD STARTING IN 1950, WITH THE ONSET OF THE KOREAN WAR HE JOINED THE U.S. ARMY AND FOUGHT FOR ONE YEAR AS A SECOND LIEUTENANT IN THE U.S. ARMY CORPS OF ENGINEERS. FOR HIS SERVICE HE WAS AWARDED BOTH COMBAT AND MERIT CITATIONS. OUR GOOD FRIEND AND COLLEAGUE, CONGRESSMAN SAM JOHNSON, BEGAN HIS 29-YEAR CAREER IN THE U.S. AIR FORCE AT THE EARLY AGE OF 20. DURING THE KOREAN WAR HE WAS STATIONED JUST 25 MILES AWAY FROM THE FRONTLINES AND FLEW 62 COMBAT MISSIONS IN HIS F-86 SABRE JET FIGHTER. HIS PLANE WAS CALLED SHIRLEYY'S TEXAS TORNADO, NAMED AFTER HIS TEAR WIFE. CONCHMAN JOHNSON SCORED ONE PROBABLY KILL AND ONE DAMAGED. HE FLEW ON COMBAT MISSIONS WITH BUZZ ALDRIN AND JOHN GLENN AND WHEN HE DOWNED A RUSSIAN MAKE, HE WAS SO LOW ON FUEL HE TO GLIDE BACK TO SEOUL. HE WENT ON TO CONTINUE HIS OUTSTANDING MILITARY CAREER THROUGH THE VIETNAM WAR AS DIRECTOR OF THE AIR FORCE FIGHTER WEAPONS SCHOOL KNOWN AS "TOP GUN," AND WAS ONE OF THE TWO AUTHORS OF THE AIR TACTICS MANUAL RESOLUTIONING -- REVOLUTIONIZING AIR DOMINANCE. OUR GOOD FRIEND, CONMAN HOWARD COBLE, MEANWHILE SERVED AS A COAST GUARD FROM SEPTEMBER 1952 UNTIL SEPTEMBER 1956 AND WAS DEPLOYED TO THE KOREAN WATERS DURING THE WAR. I ASK ALL OF MY COLLEAGUES TO JOIN ME IN HONORING THE SACRIFICES OF THESE GENTLEMEN, OUR COLLEAGUES, CONGRESSMAN RANGEL, CONGRESSMAN CONYERS, CONGRESSMAN JOHNSON AND CONGRESSMAN COBLE AND THE SACRIFICES OF ALL THE OTHER 1.8 MILLION AMERICANS WHO FOUGHT IN THE KOREAN WAR AS WELL AS IN RECOGNIZING THE VITAL IMPORTANCE OF U.S.-KOREA ALLIANCE BY SUPPORTING THIS RESOLUTION AND ALSO NOTING AS A MATTER OF HISTORY, MADAM CHAIRMAN, THAT OVER 30,000 OF OUR SOLDIERS DIED FROM THAT TERRIBLE CONFLICT IN SOUTH KOREA. MADAM SPEAKER, I RESERVE THE BALANCE OF MY TIME.

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  • 03:03:30 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM…

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM ARKANSAS, MR. BOOZMAN, IS RECOGNIZED.

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  • 03:03:36 PM

    MR. BOOZMAN

    MADAM SPEAKER, I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

  • 03:03:39 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN IS RECOGNIZED FOR AS MUCH TIME AS HE MIGHT CONSUME.

  • 03:03:42 PM

    MR. BOOZMAN

    THANK YOU, MADAM SPEAKER. I RISE IN SUPPORT OF THIS MEASURE AND WOULD LIKE…

    THANK YOU, MADAM SPEAKER. I RISE IN SUPPORT OF THIS MEASURE AND WOULD LIKE TO THANK THE GENTLEMAN FROM NEW YORK, MR. RANGEL, A DISTINGUISHED VETERAN OF THE KOREAN WAR, FOR INTRODUCING IT. AND WE TRULY DO APPRECIATE YOUR SERVICE TO OUR COUNTRY. NEXT WEEK ON JUNE 25, REPRESENTS THE 60TH ANNIVERSARY OF THE OUTBREAK OF THE KOREAN WAR. THE LESSON OF KOREA IS THE NEED FOR CONSTANT VINL LENS IN THE FACE OF EX -- VIGILANCE IN THE FACE OF EXTERNAL AGGRESSION. MANY LATE KIM IL SUNG'S DECISIONS TO ATTACK THE REPUBLIC OF KOREA IN THE EARLY MORNING HOURS OF A RAINY SUNDAY MORNING, TO MIX SIGNALS COMING FROM WASHINGTON. FOR THEN SECRETARY OF STATE HAD DECLARED ONLY A FEW MONTHS BEFORE THAT SOUTH KOREA LAY OUTSIDE THE DEFENSE PERIMETER OF THE UNITED STATES. NORTH KOREAN DICTATOR REPORTEDLY TOOK THAT AS A GREEN LIGHT TO MOVE FORWARD WITH HIS INVASION PLANS. THIS INVASION RESULTED IN BETWEEN ONE MILLION AND 10 MILLION KOREAN DEAD AND OVER 50,000 DEAD AND MORE THAN 90,000 WOUNDED MEMBERS OF THE U.S. MILITARY. THE LESSON OF JUNE 25 IS CLEAR, DO NOT EQUIVOCATE WITH AGRESSERS, DO NOT PANDSER TO DICTATORS. HARRY TRUMAN, IN NOTIFYING THE AMERICAN PEOPLE OF THIS DECISION TO DEPLOY U.S. FORCES TO KOREA, STATED THAT NORTH KOREA IN SOLIDARITY WITH ITS COMMUNIST ALLIES HAS PASSED BEYOND THE USE OF SUBVERSION TO CONQUER INDEPENDENT NATIONS. 60 YEARS LATER, AS NORTH KOREA ENGAGES IN FURTHER ARMED AGGRESSION BY DELIBERATELY TORPEDOING A SOUTH KOREAN NAVAL VESSEL AND MURDERING 46 SOUTH KOREAN SAILORS, IT IS CLEAR THAT THE UNITED STATES AND ITS ALLIES MUST ACT WITH FIRM RESOLVE TO PREVENT AN ESCALATION OF VIOLENCE IN AN AROUND THE KOREAN PENINSULA. AS WE HONOR THE VALUE YAPT DEAD WHO FELL IN KOREA -- VALIANT DEAD WHO FELL IN KOREA, LET US RESOLVE TO KEEP THAT PEACE AND PROSPERITY FOR WHICH THEY GAVE THE LAST FULL MEASURE OF DEVOTION. THE EVENTS OF THE LAST SIX DECADES REMIND US ALL THAT THE SACRIFICES OF OUR SOLDIERS AND OUR UNITED NATIONS ALLIES WERE WORTH WHILE. ONE ONLY HAS TO COMPARE THE THRIVING DEMOCRATIC VITALITY OF THE REPUBLIC OF KOREA WITH THE IMPOVERISHED AND REPRESSED HELL THAT IS NORTH KOREA TO RECOGNIZE THE VALUE AND THE PURPOSE OF THAT VALIANT SACRIFICE. AND WITH THAT I RESERVE THE BALANCE OF MY TIME.

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  • 03:06:21 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM…

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM AMERICAN SAMOA IS RECOGNIZED.

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  • 03:06:27 PM

    MR. FALEOMAVAEGA

    SPEAKER, AS A VETERAN OF THE VIETNAM WAR, I AM DEEPLY HONORED TO YIELD ALL…

    SPEAKER, AS A VETERAN OF THE VIETNAM WAR, I AM DEEPLY HONORED TO YIELD ALL THE TIME THAT HE NEEDS TO MY GOOD FRIEND, THE GENTLEMAN FROM NEW YORK, THE AUTHOR OF THIS BILL, CONGRESSMAN RANGEL.

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  • 03:06:37 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM NEW YORK IS RECOGNIZED FOR AS MUCH TIME AS HE MIGHT…

    THE GENTLEMAN FROM NEW YORK IS RECOGNIZED FOR AS MUCH TIME AS HE MIGHT CONSUME.

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  • 03:06:41 PM

    MR. RANGEL

    WITHOUT OBJECTION.

  • 03:06:45 PM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION.

  • 03:06:48 PM

    MR. RANGEL

    THANK THE CHAIRMAN FOR HIS GRACIOUS REMARKS AND THE WORK THAT HE'S DONE TO…

    THANK THE CHAIRMAN FOR HIS GRACIOUS REMARKS AND THE WORK THAT HE'S DONE TO FACILITATE THE BRINGING TO THIS FLOOR SO FAST THIS RESOLUTION. I WANT TO THANK THE OTHER SIDE OF THE AISLE. I'VE NEVER SEEN ANYTHING MOVE SO FAST AND I AM SO DEEPLY GRATEFUL THAT THIS HAPPENED. SOME OF YOU DON'T KNOW BUT THE KOREAN GOVERNMENT INVITED JOHN CONYERS, I AND SAM JOHNSON AND HOWARD COBLE TO GO TO KOREA ON JUNE 24 AND 25, BUT THE LEGISLATIVE CALENDAR PREEVENTUALITIED THIS FROM HAPPENING. BUT BECAUSE OF THEIR ENTHUSIASTIC SUPPORT AS WELL AS MINE NEXT WEEK THE SPEAKER AND THE MINORITY LEADER HAVE AGREED TO -- NOT TO FORGET THOSE PEOPLE WHO SERVED OUR COUNTRY AND INDEED SERVED THE INTERNATIONAL FREEDOM COMMUNITY. I WANT TO THANK ALSO FROM MY OFFICE, EMILE AND KIM FOR WORKING WITH ALL OF THE COMMITTEES THAT HAD JURISDICTION TO EXPEDITE THE FACT THAT THIS WOULD BE DONE BEFORE JUNE 25. AND I'M REMINDED WHEN YOU GAVE THE FACTS AS TO WHEN THE NORTH KOREANS INVADED SOUTH KOREA, I WAS A 20-YEAR-OLD KID IN THE BARRACKS IN FORT LOSE, WASHINGTON, WHEN THE SERGEANT SCREAMED THAT THE NORTH KOREANS HAD INVADED SOUTH KOREA AND THE SECOND INFANTRY DIVISION WAS SLATED TO GO TO DEFEND THEM. I WAS SO ANXIOUS TO LEAVE I SAID, WHERE THE HECK IS KOREA? AND I HAD NO IDEA THAT A POLICE ACTION INVOLVED PUTTING YOURSELF IN HARM'S WAY. AND ABY -- AWAY WE DID GO. THERE WAS SOME QUESTION WHETHER WE COULD EVEN LAND BECAUSE THE NORTH KOREAN COMMUNISTS HAD BEEN SO SUCCESSFUL THAT THEY DROVE THE 25, THE 25TH DIVISIONS THAT WERE IN JAPAN AND THE PEOPLE'S REPUBLIC OF SOUTH KOREA TO THE PENINSULA, BUT WE WERE ABLE TO PUSH THEM BACK. THE MARINES LANDED AND THE CHINESE CAME AND YOU KNOW THE REST OF THAT STORY. BUT, HOW GRATEFUL IT IS TO BE NOT JUST ALIVE BUT TO KNOW THAT WE ALL PARTICIPATED ONCE AGAIN IN DEFENDING A DEMOCRACY EVEN IN COUNTRIES WHERE WE DON'T KNOW THE PEOPLE AND DON'T KNOW THE COUNTRY. AND AS A RESULT OF THAT, ONE OF AMERICA'S STRONGEST ALLIES IS THE GOVERNMENT OF KOREA. AND THE TRUTH OF THE MATTER IS, WITH CHINA THERE AND NORTH KOREA THERE AND ESPECIALLY THE THREAT TO IRAN, NORTH KOREA HAS REPRESENTED A SYMBOL NOT ONLY OF DEMOCRATIC PRINCIPLES BUT A SYMBOL OF WHAT CAN HAPPEN ECONOMICALLY WHEN FREEDOM AND DEMOCRACY IS THE ATMOSPHERE IN WHICH WE'RE WORKING. AND THOSE OF US WHO SERVED AND ESPECIALLY THE 50,000 WHO DID NOT COME BACK HOME, THE CLOSE TO 100,000 THAT GOT WOUNDED, THE 8,000 THAT WERE PRISONERS OF WARS, -- WAR, WE HAD NO IDEA THAT OUR SACRIFICE WOULD REBUILD A NATION FROM ASHES TO THE GREAT ECONOMIC POWER IT IS TODAY AND THE GREAT CONTRIBUTIONS THAT CREATE AMERICANS MAKE EACH AND EVERY DAY IN ALL PARTS -- KOREAN AMERICANS MAKE EACH AND EVERY DAY. I WANT TO PARTICULARLY THANK JOHN CONYERS WHO IS THE NEXT HIGHER SENIOR MEMBER HERE IN THE HOUSE OF REPRESENTATIVES. I WANT TO THANK HOWARD COBLE. HE IS A VETERAN'S VETERAN. THERE'S NOT A DAY THAT I SEE HIM THAT HE DOESN'T REMIND ME AND OTHERS THAT WE SHOULD NEVER FORGET THE SACRIFICES THAT ARE MADE FOR ALL OF US AND OUR CHILDREN AND OUR CHILDREN'S CHILDREN AND OF COURSE SAM JOHNSON WHO I SERVED WITH ON THE WAYS AND MEANS COMMITTEE IS TRULY A HEAROW -- HERO AND VERY FEW AMERICANS ARE LIVING THAT HAVE MADE THE TYPE OF SACRIFICES HE HAS MADE FOR HIS COUNTRY. SO, COLLECTIVELY ON BEHALF OF ALL OF THE VETERANS -- %% COLLECTIVELY AND ON BEHALF OF ALL OF THE VETERANS WHO HAVE SERVED, PARTICULARLY THIS WAR THAT THEY HAVE CALLED THE FORGOTTEN WAR, WE WERE SAND WITCHED BETWEEN WORLD WAR I AND THE VIETNAM WAR AND SO MANY PEOPLE WOULD ASK WHEN WE CAME BACK HOME, PROSECUTE, WHERE WERE YOU? BECAUSE THEY HAD NO IDEA THAT AMERICA HAD BEEN INVOLVED. BUT WE HAD BEEN INVOLVED AND THE 21 NATIONS WILL HAVE REPRESENTATIVES HERE TO THANK AMERICA AS WE THANK THEM FOR ALLOWING THIS GREAT COUNTRY TO BE INVOLVED IN WHAT APPEARED TO BE A VERY UNIMPORTANT CRISES BUT AT THE END OF THE DAY THIS COUNTRY HAS RISEN TO BE ONE OF OUR BEST TRADING PARTNERS, ONE OF OUR BEST POLITICAL PARTNERS AND CERTAINLY HAS MADE AN OUTSTANDING CONTRIBUTION TO THE ENTIRE WORLD OF FREE COUNTRIES AND FREE PEOPLE. AND SO, MR. CHAIRMAN, I THANK YOU SO MUCH FOR GIVING US THIS OPPORTUNITY TO CELEBRATE THIS OCCASION AND NEVER TO FORGET THOSE WHO MADE IT POSSIBLE FOR US TO BE FREE MEN AND FREE WOMEN. AND I THANK YOU FOR THE OPPORTUNITY. I YIELD BACK THE BALANCE OF MY TIME.

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  • 03:12:17 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM ARKANSAS IS RECOGNIZED.

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  • 03:12:22 PM

    MR. BOOZMAN

    THANK YOU, MADAM SPEAKER. I YIELD SUCH TIME AS HE MAY CONSUME TO THE…

    THANK YOU, MADAM SPEAKER. I YIELD SUCH TIME AS HE MAY CONSUME TO THE GENTLEMAN FROM NORTH CAROLINA, MR. COBLE, RANKING MEMBER OF THE JUDICIARY SUBCOMMITTEE ON THE COURTS AND DISTINGUISHED VETERAN OF THE KOREAN WAR.

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  • 03:12:38 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM NORTH CAROLINA IS RECOGNIZED FOR AS MUCH TIME AS HE…

    THE GENTLEMAN FROM NORTH CAROLINA IS RECOGNIZED FOR AS MUCH TIME AS HE MIGHT CONSUME.

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  • 03:12:42 PM

    MR. COBLE

    MADAM SPEAKER, I TOO WANT TO EXPRESS THANKS TO THE GENTLEMAN FROM AMERICAN…

    MADAM SPEAKER, I TOO WANT TO EXPRESS THANKS TO THE GENTLEMAN FROM AMERICAN SAMOA AND THE GENTLEMAN FROM ARKANSAS FOR HAVING VERY ABLY MANAGED THIS RESOLUTION. AND I AM PLEASED INDEED TODAY TO BE ON THE HOUSE FLOOR WITH MY FRIEND FROM NEW YORK AND MY FRIEND FROM TEXAS, I WANT TO BE SURE HE WAS STILL THERE, HADN'T LEFT. I RISE IN SUPPORT OF H.J.RES. 86, MADAM SPEAKER, AND WHILE THERE'S LITTLE I CAN ADD TO ENHANCE THE MERIT OF THIS RESOLUTION, I'D LIKE TO REMIND EVERYONE THAT TECHNICALLY SPEAKING THE KOREAN CONFLICT HAS NOT ENDED. THE RECENT ACTIONS BY NORTH KOREA AGAINST SOUTH KOREA AND THE CHINESE SHOULD NOT BE TAKEN LIGHTLY. SOUTH KOREA IS OUR TRUE ALLY ON THE KOREAN PENINSULA. ALTHOUGH I HAVE NO SOLUTION FOR THE GROWING THREAT OF NORTH KOREA, AT THIS POINT IT SEEMS TO ME THAT IMMEDIATE COURSE OF ACTION SHOULD BE FOR AMERICA TO CONTINUE TO EMBRACE AND SUPPORT SOUTH KOREA. THIS RESOLUTION CORRECTLY STATES THAT WE HAVE SUCCESSFULLY PARTNERED WITH THE REPUBLIC OF KOREA TO PROMOTE INTERNATIONAL PEACE AND SECURITY, ECONOMIC PROSPERITY, HUMAN RIGHTS AND THE RULE OF LAW ON THE KOREAN PENINSULA AND BEYOND. TO THAT END, I ENCOURAGE MY COLLEAGUES TO SUPPORT H.J.RES. AND I YIELD BACK THE BALANCE OF MY TIME.

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  • 03:14:15 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM AMERICAN SAMOA IS RECOGNIZED.

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  • 03:14:21 PM

    MR. FALEOMAVAEGA

    MADAM SPEAKER, I'M SURE THAT OUR GOOD FRIEND ON THE OTHER SIDE STILL HAS…

    MADAM SPEAKER, I'M SURE THAT OUR GOOD FRIEND ON THE OTHER SIDE STILL HAS SPEAKERS. I CONTINUE TO RESERVE MY TIME.

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  • 03:14:27 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM…

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM ARKANSAS IS RECOGNIZED.

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  • 03:14:32 PM

    MR. BOOZMAN

    THANK YOU, MADAM SPEAKER. I YIELD SUCH TIME AS HE MAY CONSUME TO THE…

    THANK YOU, MADAM SPEAKER. I YIELD SUCH TIME AS HE MAY CONSUME TO THE GENTLEMAN FROM TEXAS, MR. JOHNSON, RANKING MEMBER OF THE WAYS AND MEANS SUBCOMMITTEE ON SOCIAL SECURITY, AND A DISTINGUISHED VETERAN OF THE KOREAN WAR.

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  • 03:14:46 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM TEXAS IS RECOGNIZED FOR AS MUCH TIME AS HE MIGHT…

    THE GENTLEMAN FROM TEXAS IS RECOGNIZED FOR AS MUCH TIME AS HE MIGHT CONSUME.

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  • 03:14:50 PM

    MR. JOHNSON

    THANK YOU. AND THANK YOU, BOTH OF YOU OVER THERE ON THE DEMOCRAT SIDE, FOR…

    THANK YOU. AND THANK YOU, BOTH OF YOU OVER THERE ON THE DEMOCRAT SIDE, FOR GETTING THIS BILL OUT. TODAY MARKS A NEW MILESTONE FOR THOSE WHO FOUGHT IN THE FORGOTTEN WAR WHICH WAS KOREA AND TODAY THE UNITED STATES CONGRESS RECOGNIZED THE IMPORTANCE OF THEIR SERVICE AND REAFFIRMS OUR LONGSTANDING COMMITMENT TO FREEDOM AND THE FUTURE OF KOREA. AS MANY KNOW, IT WAS JUNE 25, 1950, WHEN COMMUNIST NORTH KOREA INVADED THE REPUBLIC OF KOREA WITH 135,000 TROOPS AND THAT SPARKED THE START OF THE KOREAN WAR. AND WHAT PEOPLE DON'T REALIZE ABOUT CHARLIE RANGEL IS HE COULD BE DEAD BECAUSE HE WAS UP ON THE RIVER WHEN THE CHINESE DECIDED TO COME ACROSS. AND SO HE SAVED A LOT OF LIVES AND BURIED A LOT OF GUYS. AND I THANK YOU, CHARLIE, FOR THAT SERVICE. AND, HOWARD, I THANK YOU AS WELL FOR SERVING OVER THERE. ON JUNE 27, 1950, PRESIDENT TRUMAN ORDERED THE UNITED STATES ARMED FORCES TO HELP THE REPUBLIC OF KOREA DEFEND ITSELF AGAINST THE NORTH KOREAN INVASION. WHILE IT ENDED IN AN ARMISTICE, THE BETTER CONFLICT BETWEEN KOREA AND NORTH KOREA STILL LINGERS ON. WE ALL KNOW THAT. KOREA IS A STRONG ALLY, AND AMERICA REMAINS COMMITTED TO KOREA'S SAFETY, SURVIVAL AND SUCCESS. BY COMMEMORATING THE 60TH ANNIVERSARY OF THE START OF THE KOREAN WAR, THE UNITED STATES CONGRESS AND THE COUNTRY REDEDICATED OUR PROMISE TO THANK THOSE WHO WORE THE UNIFORM DURING THAT TIME. AN ESTIMATED FIVE MILLION VALIANT MEN AND WOMEN SERVED IN THE KOREAN WAR. AS A KOREAN WAR VETERAN WHO FLEW 62 COMBAT MISSIONS, IT BRINGS ME GREAT PLEASURE TO REMIND AMERICANS OF THE SACRIFICE AND SERVICE OF THOSE WHO FOUGHT IN KOREA. TO THESS STEAMED KOREAN WAR -- TO THE ESTEEMED KOREAN WAR VETERANS, YOU ARE NOT FORGOTTEN. WE HONOR YOU, WE APPRECIATE YOU, GOD BLESS YOU AND I SALUTE EACH AND EVERY ONE OF YOU. I YIELD BACK.

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  • 03:17:08 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM AMERICAN SAMOA IS RECOGNIZED.

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  • 03:17:14 PM

    MR. FALEOMAVAEGA

    MADAM SPEAKER, HOW MUCH TIME DO I HAVE LEFT ON THIS SIDE?

  • 03:17:17 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM AMERICAN SAMOA HAS EIGHT MINUTES, AND THE GENTLEMAN…

    THE GENTLEMAN FROM AMERICAN SAMOA HAS EIGHT MINUTES, AND THE GENTLEMAN FROM ARKANSAS HAS 14 MINUTES.

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  • 03:17:24 PM

    MR. FALEOMAVAEGA

    MADAM SPEAKER, I WOULD LIKE TO CERTAINLY COMPLIMENT AND THANK OUR…

    MADAM SPEAKER, I WOULD LIKE TO CERTAINLY COMPLIMENT AND THANK OUR DISTINGUISHED VETERANS, THE KOREAN WAR, NOW MEMBERS, OUR COLLEAGUES HERE IN THIS INSTITUTION, NOT ONLY SHARING WITH US THEIR EXPERIENCES BUT THE FACT THAT THIS CLOSE + RELATIONSHIP THAT WE HAVE WITH THE REPUBLIC OF KOREA SHOULD NEVER, EVER BE LESSEN IN ANY WAY. IT'S BEEN MY PRIVILEGE OVER THE YEARS TO VISIT THE REPUBLIC OF KOREA, VISITED WITH THEIR LEADERS AND THE OUTSTANDING RESULTS OF NOW SOUTH KOREA BECOMING ONE OF THE GREAT ECONOMIC POWERS IN SOUTHEAST ASIA, I MIGHT SAY, MAINLY BECAUSE OF OUR CLOSE ECONOMIC TIES. I WANT TO ALSO NOTE THAT THE NUMBER ONE ELECTRONICS COMPANY IN THE WORLD IS IN SOUTH KOREA. ALSO THE NUMBER ONE SHIPBUILDING COMPANY IN THE WORLD IS IN SOUTH KOREA. SO I REALLY HOPE AND I SINCERELY HOPE THAT IN THE COMING MONTHS THAT WE WILL BE ABLE TO CONTINUE TO NEGOTIATE SUCCESSFULLY THE PROPOSED FREE TRADE AGREEMENT THAT WAS DONE PREVIOUSLY BY THE PREVIOUS ADMINISTRATIONS AND WITH THE NEGOTIATORS. IT'S MY UNDERSTANDING THAT AS A RESULT OF THIS PROPOSED FREE TRADE AGREEMENT WE STAND TO GAIN SOMEWHERE BETWEEN $11 BILLION AND $20 BILLION IN EXPORTS OF OUR PRODUCT TO SOUTH KOREA IF WE GET APPROVAL OF THIS PROPOSED AGREEMENT. I ALSO WANT TO NOTE AS A MATTER OF HISTORY OF WHAT MY FRIEND FROM NEW YORK STATED ABOUT THE PEOPLE AND THE GOOD LEADERS OF SOUTH KOREA. MY OWN PERSONAL EXPERIENCE WHILE SERVING IN VIETNAM, I TELL YOU REALLY KNOW WHO YOUR REAL FRIENDS ARE, THE FACT THERE WERE 50,000 SOUTH KOREAN SOLDIERS FIGHTING ALONGSIDE AMERICAN SOLDIERS IN VIETNAM. NOW,,THAT IS WHEN YOU REALLY KNOW WHO YOUR REAL FRIENDS WERE, AND IT WAS FROM THE LEADERS AND THE PEOPLE OF SOUTH KOREA WHO JOINED US IN THAT TERRIBLE CONFLICT THAT OUR NATION WAS CONFRONTED WITH IN FIGHTING COMMUNISM. IT'S MY UNDERSTANDING THAT HOPEFULLY THAT IN THE COMING MONTHS WHEN THE PRESIDENT OF KOREA WILL BE PRESIDING OVER THE G-20 MEETING, 20 OF THE MOST PROMINENT COUNTRIES ECONOMICALLY, HOPEFULLY THAT THERE WILL BE BETTER SOLUTIONS GIVEN TO THE ECONOMIC DEMISE THAT NOT ONLY THE WORLD IS FACED WITH NOW BUT ESPECIALLY THE CONTRIBUTIONS THAT THE 20 COUNTRIES COULD OFFER IN SOLVING SOME OF THE SERIOUS ECONOMIC PROBLEMS THAT WE'RE CONFRONTED WITH.

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  • 03:20:05 PM

    MR. FALEOMAVAEGA

    I GLADLY YIELD TO THE GENTLEMAN FROM NEW YORK.

  • 03:20:08 PM

    MR. RANGEL

    AND I WANT YOU TO KNOW THAT THIS JUST THE BEGINNING OF THE UNITED STATES…

    AND I WANT YOU TO KNOW THAT THIS JUST THE BEGINNING OF THE UNITED STATES OF AMERICA'S INVOLVEMENT. IN SEPTEMBER OF THIS YEAR, IN COMMEMORATION OF THE LIVES THAT WERE LOST BY KOREANS AND AMERICANS AND THE OTHER 20 COUNTRIES THAT FOUGHT AGAINST COMMUNISM, THERE WILL BE A COMMEMORATIVE CEREMONY IN SEOUL, WHICH OUR STATE DEPARTMENT WILL BE PARTICIPATING IN, AND, AGAIN, MY COLLEAGUES HAVE BEEN INVITED TO JOIN BUT THE SITUATION HERE IN CONGRESS DIDN'T ALLOW US TO ACCEPT. BUT MR. BOEHNER, THE MINORITY LEADER, AS WELL AS OUR DISTINGUISHED SPEAKER, HAS THOUGHT THAT SINCE WE COULD NOT BE REPRESENTED OVER IN SEOUL NEXT WEEK THAT RECEPTION WILL BE HELD RIGHT HERE AND A CEREMONY IN STATUTORY HALL WHERE THE PARTICIPANTS FROM THE FREE COUNTRIES THAT JOINED WITH ME WILL BE THERE WITH THEIR REPRESENTATIVES. THE REASON I CONSTANTLY SAY I HAVEN'T HAD A BAD DAY SINCE AND TO SAY HOW GOOD GOD IS BECAUSE IT'S BEEN 60 YEARS AGO AND RECENTLY, LAST WEEK, AT THE KENNEDY CENTER, THE KOREAN ANGELS, A YOUNG GROUP THAT'S TRAINED TO GO AROUND THE WORLD TALKING ABOUT PEACE AND HARMONY TO THE WORLD CELEBRATED AND THEY LAWEDED THE KOREAN VETERANS. -- AND MY COLLEAGUES HERE WILL KNOW THEY CAME WITH CRUTCHES AND CANES BUT THEY CAME. AND WHAT THIS HOUSE AND SENATE WILL DO FOR THEM, EVEN IF THEY'RE NOT ABLE TO COME TO WASHINGTON, THEY WILL BE ABLE TO TELL THEIR KIDS AND THEIR GRANDKIDS AND THEIR NEIGHBORS AND FRIENDS THAT THEIR SACRIFICE HAS NOT BEEN FORGOTTEN. I DO HOPE THAT YOU AND THE CHAIRMAN AND SUBCOMMITTEE CHAIRMAN HAVE EXPEDITED THIS AND THE MEMBERS THAT WILL HOPEFULLY BE SUPPORTING THIS IN THE HOUSE AND SENATE WOULD REALIZE HOW MANY LIVES THEY'RE MAKING MORE BRIGHT BY REMINDING THE LOVED ONES OF THOSE THAT WERE LEFT BEHIND, THAT WHAT THEY LOST, THE PAIN THAT THEY FELT IS NOT FORGOTTEN BY THE UNITED STATES. AND IT GIVES US A TIME ONCE AGAIN TO TALK ABOUT THE BRAVE MEN AND WOMEN THAT WERE IN THE MIDDLE EAST, IN AFGHANISTAN, EACH AND EVERY DAY THAT WE'RE ALLOWED TO BREATHE THE BREATH OF DEMOCRACY, TO GET UP AND TO DO AND TO SAY WHAT WE WANT IS ONLY BECAUSE THEY'RE WILLING TO PUT THEIR LIVES IN HARM'S WAY FOR OUR FLAG AND FOR OUR COUNTRY AND FOR WHETHER IT WAS IN WORLD WAR II, WHETHER IT'S IN KOREA, WHETHER THE PERSIAN GULF WHERE MY SON SERVED AS A MARINE OR WHETHER THE CURRENT CRISIS WE FACE IN THE MIDDLE EAST, WE HAVE SO MUCH TO BE FORTUNATE THAT IN THIS COUNTRY THERE IS A SPIRIT THAT WE DEFEND WHAT IS RIGHT, WHAT IS MORAL, AND AT THE END OF THE DAY WE'RE BETTER PEOPLE, WE'RE BETTER LEGISLATORS AND WE'RE A BETTER COUNTRY FOR IT. SO EVERYONE WHO VOTES TODAY, I THINK IT'S OUR WAY OF SAYING THANK YOU FOR THOSE WHO MADE THE SACRIFICE AND ALSO THANK YOU FOR THOSE WHO CONTINUE TO DO IT AS WE SPEAK TODAY.

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  • 03:23:42 PM

    MR. FALEOMAVAEGA

    THE GENTLEMAN FOR HIS COMMENTS. I MIGHT KNOW, MADAM SPEAKER, SOME 50…

    THE GENTLEMAN FOR HIS COMMENTS. I MIGHT KNOW, MADAM SPEAKER, SOME 50 MILLION ASIAN PACIFIC AMERICANS, WE HAVE OVER TWO MILLION KOREAN AMERICANS AS PART OF THE FIBER OF OUR GREAT DEMOCRACY AND THE TREMENDOUS CONTRIBUTIONS THAT THEY ALSO MAKE TO OUR COUNTRY. I JUST WANTED TO NOTE THAT FOR THE RECORD. I WILL CONTINUE TO RESERVE MY TIME UNLESS -- I DON'T HAVE ANY MORE SPEAKERS.

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  • 03:24:08 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM…

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM ARKANSAS.

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  • 03:24:16 PM

    MR. BOOZMAN

    THANK YOU, MADAM CHAIRMAN. I WANT TO THANK MR. RANGEL FOR BRINGING THIS…

    THANK YOU, MADAM CHAIRMAN. I WANT TO THANK MR. RANGEL FOR BRINGING THIS FORWARD. HE AND MR. JOHNSON AND MR. COBLE BEING HERE MAKE IT VERY, VERY SPECIAL. WE CERTAINLY APPRECIATE ALL OF YOUR SERVICE TO OUR COUNTRY. MR. RANGEL STATING HE WENT OFF AT H-20. MR. JOHNSON, I THINK, AT THE SAME AGE AROUND 20 AND THEN HOWARD, MR. COBLE IN HIS EARLY 20'S GOING OFF TO WAR. SO FITTING WE TAKE A LITTLE BIT OF TIME, THAT THE HOUSE JUST PAUSES TO REMEMBER THE SACRIFICE THAT WAS INCURRED, AGAIN, FOR THOSE THAT WERE SO WILLING TO GO OVER FOR THE REST OF US. WE LOOK FORWARD TO THE CELEBRATIONS THAT ARE GOING TO OCCUR LATER IN THE YEAR. AND AGAIN AT THAT TIME THE WHOLE NATION WILL PAUSE AND REMEMBER THE SACRIFICE THAT YOU ALL SO WILLINGLY DID FOR THE REST OF US. WITH THAT I YIELD BACK THE BALANCE OF MY TIME.

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  • 03:25:10 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM ARKANSAS, MR. BOOZMAN, YIELDS BACK THE BALANCE OF HIS…

    THE GENTLEMAN FROM ARKANSAS, MR. BOOZMAN, YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM AMERICAN SAMOA IS RECOGNIZED.

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  • 03:25:16 PM

    MR. FALEOMAVAEGA

    MADAM SPEAKER, I HAVE NO FURTHER SPEAKERS, BUT I DO WANT TO SAY FOR THE…

    MADAM SPEAKER, I HAVE NO FURTHER SPEAKERS, BUT I DO WANT TO SAY FOR THE RECORD, AGAIN, ON BEHALF OF A GRATEFUL NATION TO EXTEND OUR HEART FELT GRATITUDE AND THANKS TO THE GENTLEMAN FROM NEW YORK, MR. RANGEL, MR. JOHNSON AND MR. COBLE FOR THEIR CONTRIBUTIONS AND ESPECIALLY AS VETERANS OF THIS -- OF THE KOREAN WAR. WITH THAT I YIELD BACK THE BALANCE OF MY TIME.

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  • 03:25:38 PM

    THE SPEAKER PRO TEMPORE

  • 03:25:55 PM

    MR. FALEOMAVAEGA

    MADAM SPEAKER, I OBJECT TO THE VOTE ON THE GROUNDS THAT A QUORUM IS NOT…

    MADAM SPEAKER, I OBJECT TO THE VOTE ON THE GROUNDS THAT A QUORUM IS NOT PRESENT AND I MAKE A POINT OF ORDER THAT A QUORUM IS NOT PRESENT. AND, MADAM SPEAKER, I WANT TO SAY THAT I MEANT ALSO TO INCLUDE CONGRESSMAN JOHN CONYERS IN MY PREVIOUS STATEMENT BEFORE CLOSING.

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  • 03:26:12 PM

    THE SPEAKER PRO TEMPORE

    PURSUANT TO CLAUSE 8 OF RULE 20 AND THE CHAIR'S PRIOR ANNOUNCEMENT,…

    PURSUANT TO CLAUSE 8 OF RULE 20 AND THE CHAIR'S PRIOR ANNOUNCEMENT, FURTHER PROCEEDINGS ON THIS MOTION WILL BE POSTPONED.

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  • 03:27:03 PM

    THE SPEAKER PRO TEMPORE

    FOR WHAT PURPOSE DOES THE GENTLEMAN FROM TEXAS SEEK RECOGNITION?

  • 03:27:08 PM

    >>

    TO SUSPEND THE RULES AND AGREE TO HOUSE CONCURRENT RESOLUTION 286 AS…

    TO SUSPEND THE RULES AND AGREE TO HOUSE CONCURRENT RESOLUTION 286 AS INTRODUCED.

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  • 03:27:17 PM

    THE SPEAKER PRO TEMPORE

    HOUSE CONCURRENT RESOLUTION 286, CONCURRENT RESOLUTION RECOGNIZING THE…

    HOUSE CONCURRENT RESOLUTION 286, CONCURRENT RESOLUTION RECOGNIZING THE 235TH BIRTHDAY OF THE UNITED STATES ARMY.

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  • 03:27:19 PM

    THE CLERK

    235TH BIRTHDAY OF THE UNITED STATES ARMY.

  • 03:27:28 PM

    THE SPEAKER PRO TEMPORE

    PURSUANT TO THE RULE, THE GENTLEMAN FROM TEXAS, MR. ORTIZ, AND THE…

    PURSUANT TO THE RULE, THE GENTLEMAN FROM TEXAS, MR. ORTIZ, AND THE GENTLEMAN FROM HAWAII, MR. DJOU, EACH WILL CONTROL 20 MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM TEXAS.

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  • 03:27:47 PM

    MR. ORTIZ

    I YIELD MYSELF SUCH TIME AS I MAY CONSUME AND ASK UNANIMOUS CONSENT THAT…

    I YIELD MYSELF SUCH TIME AS I MAY CONSUME AND ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS TO REVISE AND EXTEND THEIR REMARKS ON THE RESOLUTION UNDER CONSIDERATION.

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  • 03:27:58 PM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION.

  • 03:28:01 PM

    MR. ORTIZ

    MADAM SPEAKER, I RISE IN SUPPORT OF HOUSE CONCURRENT RESOLUTION 286, AND…

    MADAM SPEAKER, I RISE IN SUPPORT OF HOUSE CONCURRENT RESOLUTION 286, AND IT IS MY HONOR TO STAND HERE TODAY AND RECOGNIZE THE ARMY FOR ITS 235TH BIRTHDAY. SINCE 1775, THE UNITED STATES ARMY HAS PREPARED TO FIGHT AND WIN OUR NATION'S WARS. AND HAS PROVIDED US WITH SOME OF THE GREATEST MOMENTS IN OUR NATION'S HISTORY. YOU KNOW, AS A POOR CHILD GROWING UP IN TEXAS, I NEVER KNEW WHAT EXISTED OUTSIDE OF MY NEIGHBORHOOD. HOWEVER, WHEN I JOINED THE ARMY AND LEFT SOUTH TEXAS, THE WORLD SOON OPENED TO ME. WHEN I ARRIVED IN PARIS, FRANCE , AS A MILITARY POLICEMAN FRESH OUT OF BASIC TRAINING AND ADVANCED MILITARY TRAINING, I KNEW THAT MY LIFE WAS CHANGED FOREVER. SHORTLY AFTER ARRIVING IN PARIS AND A FRIEND OF MINE FROM WEST VIRGINIA WHO HAD JUST FINISHED BASIC AND MILITARY POLICE TRAINING, WE HEADED DOWN TO SEE THE EIFFEL TOWER. WHILE WALKING AROUND THE CITY, WE PULLED OVER TO THE SIDE OF THE ROAD AND A YOUNG WOMAN, YOUNG LADY STEPPED OUT OF THE BIGGEST CAR I OF EVER SEEN IN MY LIFE AND APPROACHED MY FRIEND AND ME. SHE WANTED TO TAKE A PICTURE WITH US. TWO YOUNG SOLD -- -- SOLDIERS FRESH OUT OF BASIC TRAINING, BUT IT WASN'T UNTIL SIX MONTHS LATER THAT WE DISCOVERED THAT THIS WOMAN WAS ONE OF THE MOST POPULAR MOVIE STARS IN FRANCE. BUT ALL SHE WANTED WAS A PICTURE WITH TWO YOUNG SOLDIERS WEARING THE AMERICAN UNIFORM. WHILE IN FRANCE, I BECAME INTERESTED IN LEARNING MORE ABOUT POLICE DUTIES AND INVESTIGATIONS. THE ARMY SAW THAT MAYBE I COULD LEARN SOME OF THE STUFF THAT THEY WERE TEACHING, AND I WAS REASSIGNED TO THE ARMY CRIMINAL INVESTIGATION DIVISION. I TOOK THE LESSONS, LEARNED THE SKILLS THAT I LEARNED BACK IN SOUTH TEXAS WHERE I BECAME CONSTABLE LATER AFTER MY RETIREMENT OF THE ARMY AND BECAME SHERIFF IN MY COUNTY. THE ARMY HAS CHANGED MY LIFE LIKE NOTHING HAS EVER DONE. IT MADE ME A BETTER HUMAN BEING, A BETTER COUNTY COMMISSIONER, A BETTER SHERIFF, AND A BETTER CONGRESSMAN. THE TRAINING WAS HARD AND WORK WAS EVEN HARDER BUT THE LESSONS WERE NEVER LOST. JUST AS WAS TRUE IN THE EARLY 1960'S WHEN A FRENCH MOVIE STAR STOPPED TO TAKE A PICTURE WITH A POOR BOY FROM SOUTH TEXAS, OUR SOLDIERS ARE RESPECTED AND ADMIRED AROUND THE WORLD FOR THEIR PROFESSIONALISM AND DEDICATION TO EACH OTHER. I AM PROUD OF MY SERVICE AND MY ARMY EXPERIENCE. I AM ALSO PROUD OF TODAY'S SOLDIERS AS THEY CONTINUE TO FIGHT AND WIN OUR NATION'S WARS AS THEY HAVE DONE FOR THE LAST 235 YEARS. FROM THE SERGEANT LEADING A PATROL THROUGH THE MOUNTAIN'S TERRAIN OF AFGHANISTAN, THE STRENGTH OF OUR NATION IS OUR ARMY. AND I AM PROUD TO BE PART OF A LEGACY THAT I AM PROUD TO WISH THE ARMY A HAPPY BIRTHDAY. BUT, YOU KNOW, TIME HAS REALLY CHANGED. WHEN I SERVED BACK THEN IN THE 1960'S, I WENT TO THE DRAFT BOARD AND I VOLUNTEERED TO THE DRAFT BECAUSE MY FATHER HAD PASSED AWAY AND I HAD FOUR SIBLINGS, TWO BROTHERS AND TWO SISTERS, JOBS WERE SCARCE, AND I VOLUNTEERED TO GO AND SERVE THE ARMY. TODAY'S A DIFFERENT STORY. TODAY WE HAVE AN ALL-VOLUNTEER SERVICES. YOU CAN JOIN THE ARMY, THE NAVY, THE AIR FORCE, THE COAST GUARD, THE NATIONAL GUARD, THE RESERVES. THEY SERVE AND THEY VOLUNTEER BECAUSE THEY LOVE OUR COUNTRY. AND THIS IS WHY WE'RE SO PROUD OF THE YOUNG MEN AND WOMEN WHO SACRIFICE SO THAT YOU AND I CAN ENJOY THE FREEDOMS THAT WE HAVE IN THIS COUNTRY AND THE DAY WHEN WE FAIL TO RECOGNIZE THE SACRIFICES OF THESE YOUNG MEN AND WOMEN WHO SERVE, THIS IS WITH THE FIBERS OF THIS COUNTRY START TO BEGIN TO DETERIORATE. I AM SO PROUD TO SAY THAT I SERVED IN THE ARMY AND I WISH EVERYBODY WHO IS EITHER SERVING NOW OR HAVE SERVED IN THE PAST A HAPPY BIRTHDAY. I RESERVE THE BALANCE OF MY TIME.

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  • 03:33:06 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM HAWAII…

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM HAWAII IS RECOGNIZED.

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  • 03:33:11 PM

    MR. DJOU

    MADAM SPEAKER, I YIELD MYSELF AS MUCH TIME AS I MAY CONSUME.

  • 03:33:17 PM

    MR. DJOU

    I RISE IN SUPPORT OF HOUSE CONTTNUED RESOLUTION 286 WHICH WAS INTRODUCED…

    I RISE IN SUPPORT OF HOUSE CONTTNUED RESOLUTION 286 WHICH WAS INTRODUCED BY MY FRIENDS FROM TEXAS, MR. EDWARDS AND MR. CARTER. THIS RECOGNIZES THE 235TH BIRTHDAY OF THE UNITED STATES ARMY AND HONORS THE VALID COMMITMENT AND SACRIFICE OF THE UNITED STATES ARMY AND THEIR FAMILIES AND CIVILIANS HAVE DISPLAYED THROUGHOUT THE HISTORY OF THE UNITED STATES ARMY. I PERSONALLY ALSO WANT TO KNOW WHAT THE RECOGNITION OF THE ARMY BIRTHDAY MEANS TO MYSELF AND MY DISTRICT. THREE THINGS I WANT TO POUBT POINT OUT TO THE FLOOR, FIRST OFF, OF COURSE, IT IS THAT IT IS MY HONOR TO RESPECT HAWAII'S FIRST -- REPRESENT HAWAII'S FIRST CONGRESSIONAL DISTRICT WHICH IS HOME TO THE INFANTRY DIVISION OF THE UNITED STATES ARMY. IT IS ALSO HOME TO THE U.S. ARMY PACIFIC MEDICAL CENTER AND OF COURSE MY ARMY RESERVE UNIT. ALL OF WHICH I TAKE GREAT PRIDE IN REPRESENTING HERE IN THE CONGRESS. SECOND, I THINK IT SPEAKS TO THE STRENGTH AND VITALITY AND GREATNESS OF OUR NATION AND OUR NATION'S ARMY THAT I FOR MYSELF AND CHILD OF IMMIGRANTS FROM THAILAND AND FROM CHINA HAD THE HONOR AND PRIVILEGE OF CALLING MYSELF AN OFFICER IN THE UNITED STATES ARMY RESERVE. IT IS A TRUE TESTIMONY TO THE GREATNESS OF OUR NATION AND THE GREATNESS OF OUR ARMED FORCES THAT THE CHILD OF AN IMMIGRANT WOULD BE ALLOWED TO SERVE AS AN OFFICER IN THE MOST POWERFUL FIGHTING FORCE THE WORLD HAS EVER KNOWN. THIRD AND FINALLY, OF COURSE, I AM ENORMOUSLYYHUMBLED TO CALL MYSELF A MEMBER OF THE HOUSE OF REPRESENTATIVES. I THINK IT IS ALSO TESTIMONY TO THE GREATNESS OF OUR MILITARY, OUR ARMED FORCES AND TO THE UNITED STATES ARMY THAT I HAD THE PRIVILEGE EARLIER TODAY OF SITTING IN A HEARING WITH GENERAL PETRAEUS, DISCUSSING CURRENT ACTIONS AND OPERATIONS GOING ON IN AFGHANISTAN. I THINK ONE OF THE BEAUTIES OF OUR ARMY TODAY IS THE FACT THAT OUR ARMY IS PROFESSIONAL, IT IS WELL TRAINED AND IT ALSO IS UNDER THE CONTROL -- IT IS UNDER CIVILIAN CONTROL AND THAT EVEN FOUR STAR GENERALS HAVE TO ANSWER TO THE ELECTED OFFICIALS OF OUR NATION'S PEOPLE. AS A MEMBER OF THE ARMED SERVICES COMMITTEE AND AS A CAPTAIN ARMY RESERVE, I'M PROUD TO SPEAK IN VERY STRONG SUPPORT OF THIS RESOLUTION. ON JUNE 14, 1775, IN PHILADELPHIA, A GROUP OF CONTINENTAL CONGRESSMEN WORKED TO LAY OUT THE PROVISIONS TO FORM AN ARMY. THE RESULT WAS A SIMPLE PARAGRAPH, ORDERS TO THE COLONIAL STATES THAT PROVIDED MEN IN ARMS TO CONTINUE THE UPHILL FIGHT AGAINST ENGLPPED. THAT SIMPLE PARAGRAPH, AUTHORIZED THE FORMATION OF 10 COMPANIES AND THUS BEGAN THE FORMATION AND THE BEGINNINGS OF OUR UNITED STATES ARMY. TODAY 235 YEARS LATER WE CONTINUE TO HONOR THE COMMITMENT AND DUTY OF ARMY SOLDIERS WHO HAVE RISKED THEIR LIVES TO PRESERVE OUR FREEDOM. THEY HAVE LEFT A LASTING MARK ON THIS NATION. DURING THE ARMY'S 235-YEAR HISTORY, TENS OF THOUSANDS OF THESE BRAVE YOUNG MEN AND WOMEN HAVE SERVED ON DISTANT BATTLEFIELDS TO KEEP OUR NATION SAFE. I'M PARTICULARLY PROUT OF THE RESIDENTS OF HAWAII WHO CONTINUE TO SERVE ON BEHALF OF OUR NATION, AS WELL AS MANY RESERVES AND GUARDSMEN, MANY OF THEM WHO ARE MY PERSONAL FRIENDS WHO I HAVE SERVED WITH, WITH HONOR AND DISTINCTION. I SALUTE THEM FOR THEIR SERVICE TO OUR GREAT NATION. TODAY AS OUR NATION CONTINUES TO FIGHT THE GLOBAL WAR ON TERROR, THE ARMY HAS BEEN KEY TO PROVIDING MILITARY CAPABILITIES AND THE NEED TO PERSIST IN THE STRUGGLE FOR LIBERTY AND DEMOCRACY. THROUGH THE EFFORTS OF THE U.S. ARMY, THE WORLD HAS BEEN MADE A MORE SECURE, PROSPEROUS AND BETTER PLACE FOR ALL OF MANKIND. THE COURAGE AND DEDICATION OF THESE SOLDIERS AND THEIR FAMILIES ARE INSPIRATIONS TO US ALL AND WE MAY REST -- AND MAY THE REST OF US ENDEAVOR TO BE THE ARMY STRONG FOR OUR OWN LIVES. I'M HONORED TO SPEAK IN FAVOR OF THIS RESOLUTION URGE MY COLLEAGUES TO JOIN ME IN SUPPORT OF RESOLUTION 286 AND RECOGNIZE THE 235TH BIRTHDAY OF THE UNITED STATES ARMY. MADAM SPEAKER, I RESERVE THE BALANCE OF MY TIME.

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  • 03:37:19 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM TEXAS…

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM TEXAS IS RECOGNIZED. ORTORT I YIELD SUCH TIME AS MY GOOD --

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  • 03:37:27 PM

    MR. ORTIZ

    I YIELD SUCH TIME AS MY GOOD FRIEND FROM TEXAS, MY FRIEND AND COLLEAGUE,…

    I YIELD SUCH TIME AS MY GOOD FRIEND FROM TEXAS, MY FRIEND AND COLLEAGUE, MEMBER OF THE APPROPRIATIONS COMMITTEE FROM TEXAS, MR. EDWARDS.

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  • 03:37:34 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM TEXAS, MR. EDWARDS, IS RECOGNIZED FOR AS MUCH TIME AS…

    THE GENTLEMAN FROM TEXAS, MR. EDWARDS, IS RECOGNIZED FOR AS MUCH TIME AS HE MIGHT CONSUME.

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  • 03:37:38 PM

    MR. EDWARDS

    I WANT TO THANK CHAIRMAN ORTIZ FOR THE TIME TODAY AND MOST IMPORTANTLY,…

    I WANT TO THANK CHAIRMAN ORTIZ FOR THE TIME TODAY AND MOST IMPORTANTLY, NOT ONLY FOR HIS SERVICE IN THE U.S. ARMY AS A SOLDIER, BUT FOR HIS LEADERSHIP AS A KEY SUBCOMMITTEE CHAIRMAN OF THE HOUSE ARMED SERVICES COMMITTEE. THE GENTLEMAN FROM TEXAS WORKS EVERY DAY TO SUPPORT OUR SOLDIERS, NOT JUST WITH HIS WORDS, BUT WITH HIS DEEDS. AND I'M DEEPLY GRATEFUL FOR THAT. MADAM SPEAKER THIS RESOLUTION HONORS THE 235TH ANNIVERSARY OF THE UNITED STATES ARMY AND I RISE TODAY ON BEHALF OF A GRATEFUL NATION TO SAY THANK YOU TO EVERY ARMY SOLDIER, PAST AND PRESENT, FOR THEIR SERVICE TO OUR NATION. WE EXPRESS OUR GRATITUDE WITH THE HUMILITY OF KNOWING THAT WE COULD NEVER FULLY REPAY THE DEBT OF GRATITUDE WE OWE OUR SOLDIERS AND THEIR FAMILIES, THAT THE SACRIFICES THEY HAVE MADE TO PROTECT OUR NATION. WHEN I DRIVE PAST ARLINGTON CEMETERY EACH MORNING ON MY WAY TO THE U.S. CAPITOL, I'M ALWAYS REMINDED OF THAT SACRIFICE. SACRIFICE OF THOSE WHO IN THE WORDS OF LINCOLN GAVE THEIR LAST FULL MEASURE OF DEVOTION TO COUNTRY. WHEN I MET WITH SEVERAL YOUNG AMP TEES AND DUMP AMP TEAR -- AMPUTEES EARLIER THIS WEEK, I'M REMINDED THAT THE PERSONAL SACRIFICES OF WAR DO NOT END WITH THE SIGNING OF A PEACE -- CEASEFIRE AGREEMENT. WHEN I VISIT THE WACO V.A. HOSPITAL IN MY DISTRICT, I'M REMINDED THAT THE MENTAL WOUNDS OF WAR CAN SOMETIMES BE AS SERIOUS AND LONG LASTING AS THE PHYSICAL WOUNDS OF COMBAT. ONE OF THE GREATEST PRIVILEGES OF MY LIFE WAS TO REPRESENT FOR 14 YEARS FORT HOOD, TEXAS, WHICH IS NOW SO ABLY REPRESENTED BY MY COLLEAGUE AND FRIEND, CONGRESSMAN CARTER. FORT HOOD IS THE ARMY'S LARGEST INSTALLATION AND I HAD THE PRIVILEGE OF REPRESENTING IT THROUGH THREE COMBAT DEPLOYMENTS. WHEN I THINK ABOUT OUR ARMY'S SOLDIERS AND THEIR SACRIFICES, I CAN'T HELP BUT THINK ABOUT THE YOUNG SOLDIER, PROBABLY NO OLDER THAN 20 YEARS OLD, I MET IN DECEMBER OF 1995. MY WIFE WAS JUST THREE DAYS AWAY FROM GIVING BIRTH TO OUR FIRST SON, J.T. AND AS AN EX PECK TABT FIRST TIME FATHER, I COUNT HELP BUT BE EXCITED AS I TALKED TO THIS YOUNG SOLDIER SITTING NEXT TO HIS YOUNG PREGNANCY WIFE, TALKING ABOUT HOW -- PREGNANT WIFE, TALKING ABOUT HOW EXCITED I WAS TO BECOME A FATHER. THIS SOLDIER, WHO WAS ABOUT TO DEPLOY FOR BOSNIA, SAID WITHOUT AN AIR OF COMPLAINT IN HIS VOY VOICE, SIR, I MISS THE BIRTH OF MY FIRST SON BECAUSE I WAS SERVING IN IRAQ. AND I WILL MISS THE BIRTH OF MY SECOND CHILD BECAUSE I WILL BE SERVING IN BOSNIA. HE SAID, SIR, I'M PROUD TO SERVE MY COUNTRY. MADAM SPEAKER, ONE CANNOT PUT A PRICE ON THE SACRIFICE OF A YOUNG FATHER MISSING THE BIRTH OF HIS TWO CHILDREN. THERE ARE NO MAKEUP DAYS FOR MISSED BIRTHS. BIRTHDAYS, ANNIVERSARIES AND GRADUATINGS -- GRADUATIONS. THAT IS WHY WE ARE SO DEEPLY GRATEFUL TO OUR SOLDIERS AND THEIR FAMILIES. TO THE SPOUSES, CHILDREN, PARENTS AND LOVED ONES OF OUR ARMY'S SOLDIERS, I SAY, YOU ARE THE UNSUNG HEROES OF OUR NATION'S DEFENSE. WHETHER YOU HAVE WORN OUR NATION'S UNIFORM OR NOT, YOU HAVE TRULY SERVED OUR COUNTRY. FOR THOSE FAMILY MEMBERS WHO HAVE LOST LOVED ONES IN COMBAT, WE KNOW YOU CONTINUE TO SACRIFICE EACH AND EVERY DAY OF YOUR LIFE. WERE IT NOT FOR THE U.S. ARMY AND THE MAGNIFICENT MEN AND WOMEN WHO HAVE SERVED IN IT AND ARE SERVING IN IT TODAY, THE WORLD WOULD BE A MUCH DIFFERENT PLACE, A LESS STABLE, LESS FREE PLACE. JUST A FEW WEEKS AGO I HAD THE HONOR OF MEETING LYNN LAMMEL. HE LIVES IN NEW JERSEY WITH HIS WIFE. I TOOK MY WIFE AND I TOOK OUR TWO YOUNG SONS, J.T. AND GARRISON, TO MEET WITH MR. LAMMEL BECAUSE IN MY BOOK HE IS A TRUE AMERICAN HERO. %% AN ARMY SOLDIER ON D-DAY IN 1944, HE JOINED WITH EARL RUTTERS AND THE SECOND BATTALION ARMY RANGERS AND CLIMBED UP THAT DIFFICULT LIFE-THREATENING CLIFF IN THE FACE OF GERMAN GUNFIRE AND GRENADES TO TRY TO KNOCK OUT THE FIVE MASSIVE GERMAN GUNS THAT COULD HAVE PUT AT RISK THE ENTIRE ALLIED INVASION OF D-DAY. LYNN LAMMEL ALONG WITH ONE OTHER SOLDIER WENT OUT SCOURING FOR THE GUNS BECAUSE THEY HAD BEEN MOVED, UNKNOWN TO ARMY INTELLIGENCE, BEEN MOVED AWAY FROM THAT CLIFF THAT WE KNOW WAS POINT HAWK. IT WAS LA MEL WHO FOUND THOSE GUNS AND WHILE NEARLY 100 GERMANS WERE STANDING JUST A FEW YARDS AWAY, TOOK GRENADES AND PUT THOSE GRENADES IN TWO DIFFERENT TRIPS BACK TO THOSE GUNS, PUT GRENADES IN THOSE GEAR MECHANISMS OF THOSE GUNS AND IN DOING SO DECOMMISSIONED ALL OF THEM. THE GREAT HISTORIAN STEVEN AMBROSE SAID THAT NEXT TO EISENHOWER, LYNN LAMMEL HAD MORE TO DO WITH THE VICTORY OF D-DAY THAN ANY LIVING PERSON IN THIS WORLD. I HAVE TO WONDER, HOW WOULD THE WORLD BE DIFFERENT TODAY HAD IT NOT BEEN FOR THAT GREAT ARMY SOLDIER? AND ALL THE SOLDIERS WHO SERVED WITH HIM? AND ALL THE SOLDIERS WHO SERVED BEFORE HIM? AND THOSE GREAT ONES WHO HAVE SERVED AFTER HIM? MADAM SPEAKER, WE CAN NEVER REPAY OUR SOLDIERS SUCH AS LYNN LAMMEL OR THE YOUNG SOLDIER I MET AT FORT HOOD, OR ROBERT L. HOWARD WHO DIED IN MY HOME TOWN OF WACO THIS PAST DECEMBER AND WAS BURIED JUST FOUR MONTHS AGO IN ARLINGTON CEMETERY, AFTER EARNING THE CONGRESSIONAL MEDAL OF HONOR, THE DISTINGUISHED SERVICE CROSS, THE SILVER STAR AND EIGHT PURPLE HEARTS IN HIS FIVE TOURS OF DUTY IN VIETNAM. WE CANNOT REPAY THE 82,000 U.S. ARMY SOLDIERS SERVING IN IRAQ TODAY OR THE 57,000 SOLDIERS SERVING IN AFGHANISTAN THAT, BUT LET US ALWAYS HONOR THEM WITH OUR WORDS AND RESOLUTIONS OFF AS THIS TODAY BUT WITH OUR DEEDS AND OUR BUDGETS EVERY DAY. OUR NATION HAS A MORAL OBLIGATION TO PROVIDE QUALITY HOUSING AND HEELTH CARE FOR OUR TROOPS AND THEIR FAMILIES AND FIRSTCLASS EDUCATION FOR THEIR CHILDREN. OUR NATION HAS A MORAL OBLIGATION TO STAND UP FOR AMERICA'S VETERANS, BECAUSE THEY HAVE STOOD UP FOR US. A GRATEFUL NATION WISHES OUR ARMY A HAPPY 235TH BIRTHDAY AND MAY GOD BLESS ALL OUR SOLDIERS, PAST, PRESENT AND FUTURE, FOR RISKING THEIR LIVES TO PROTECT OUR DIVINE GIFT OF FREEDOM. I RESERVE THE BALANCE OF MY TIME.

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  • 03:45:17 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM HAWAII…

    THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM HAWAII IS RECOGNIZED.

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  • 03:45:23 PM

    MR. DJOU

    MADAM SPEAKER, I YIELD AS MUCH TIME AS HE MAY CONSUME, MY COLLEAGUE FROM…

    MADAM SPEAKER, I YIELD AS MUCH TIME AS HE MAY CONSUME, MY COLLEAGUE FROM TEXAS, MR. CARTER.

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  • 03:45:29 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM TEXAS IS RECOGNIZED FOR AS MUCH TIME AS HE MIGHT…

    THE GENTLEMAN FROM TEXAS IS RECOGNIZED FOR AS MUCH TIME AS HE MIGHT CONSUME.

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  • 03:45:34 PM

    MR. CARTER

    I THANK MY FRIEND FROM HAWAII FOR YIELDING AND I THANK HIM FOR THE…

    I THANK MY FRIEND FROM HAWAII FOR YIELDING AND I THANK HIM FOR THE OPPORTUNITY TO SPEAK ON BEHALF OF THIS IMPORTANT HONOR WE ARE BESTOWING UPON THE HONOR BY CONGRATULATING THEM ON THEIR 235TH BIRTHDAY. THE FIRST TIME I EVER REALIZED THAT I WAS GOING TO BE GIVEN THE HONOR TO REPRESENT THE UNITED STATES ARMY WAS WHEN WE HAD A REDISTRICTING IN TEXAS AND I REALIZED THAT MY NEW DISTRICT WAS GOING TO HAVE FORT HOOD IN IT. AND TO BE QUITE HONEST, IT WAS AN OVERPOWERING CHALLENGE TO ME TO BE CALLED UPON TO REPRESENT OVER 50,000 AMERICAN SOLDIERS AND ALL THOSE WHO WORK WITH THOSE SOLDIERS. I WAS A LITTLE BIT TAKEN ABACK, QUITE FRANKLY. MR. EDWARDS, AS HE POINTED OUT AND HAS BEEN SO HELPFUL TO ME IN THE TRANSITION OF FORT HOOD MR. EDWARDS REPRESENTED FOR SO MANY YEARS AND DID AN OUTSTANDING JOB AND I WAS GOING TO BE THE NEW KID ON THE BLOCK GOING TO FORT HOOD. AND SO I WENT TO MY OFFICE AND I SAID, YOU KNOW, THE DISTRICTS ARE CHANGING. WE GOT TO -- YOU KNOW, WE GOT TO IMPVISIT SOLDIERS. WE GOT TO BE -- WE GOT TO VISIT SOLDIERS. WE GOT TO BE WITH SOLDIERS. I GOT THE OPPORTUNITY TO GO TO KOREA TO VISIT SOLDIERS WHO WERE STATIONED IN KOREA, MANY OF WHOM WERE PART OF THE SOLDIERS CONTINGENCY THAT WOULD RETURN TO FORT HOOD. I GREW UP AS A SMALL CHILD WITH WHAT WAS EARLIER TODAY COMMEMORATED, THE KOREAN WAR. TO ME IT WAS JUST A MAP OF A PENINSULA OF KOREA THAT I WATCHED LINES MOVE UP AND DOWN, BUT I KNOW FROM PEOPLE WHO CAME BACK WHAT A TERRIBLE FIGHT THAT WAS. AND I KNOW THAT THAT'S STILL TO THIS DAY, THIS VERY MOMENT WE STAND IN HISTORY A DANGEROUS + PLACE ON THE EARTH. AND WHEN WE GOT THERE WE WERE GIVEN THE OPPORTUNITY, MY WIFE AND I, TO GO UP ON THE D.M.Z., THE DEMILITARYIZED ZONE. BOTH SIDES WERE ACROSS THE LINE LOOKING AT EACH OTHER. IN FACT, AS RECENTLY AS FOUR OR FIVE YEARS AGO WERE THERE FATALITIES ON THAT LINE. THERE IS ANOTHER WAR TO BREAK OUT ANY MINUTE OF ANY DAY, 24 HOURS A DAY, AND HAS BEEN SINCE THE END OF THE KOREAN WAR BACK IN THE 1950'S. SO IT WAS KIND OF A CHALLENGE JUST TO GO UP THERE. WHEN I GOT THERE THERE WAS ALL THESE YOUNG BASED AMERICAN SOLDIERS. MY OLDEST SON IS A FOOTBALL COACH AND BASEBALL COACH. AND AS I LOOKED AT THESE YOUNG MEN AND WOMEN, THEY LOOKED AT THE KIDS THAT WERE AT THE GRADUATION CEREMONY JUST A FEW MONTHS EARLIER THAT MY SON COACHED AND TAUGHT. AND WHEN THEY CAME DOWN FOR LUNCH THEY GAVE ME AN OPPORTUNITY TO SIT DOWN AT THIS TABLE WITH A BUNCH OF YOUNG MEN AND WOMEN. I TELL YOU THIS BECAUSE IT WAS KIND OF UNUSUAL. MY FIRST TIME TO EVER SIT DOWN WITH JUST ORDINARY SOLDIERS AND TALK TO THEM. AND YOU DON'T REALLY KNOW WHAT THEY'RE GOING TO SAY. THEY'RE KIND OF CURIOUS. WELL, THE FIRST THING I FOUND OUT WAS, THERE WAS A KID THERE WHO PLAYED FOOTBALL FOR MY SON WHEN MY SON COACHED FOR KILEEN-ELLISON. THERE WAS A SON THAT PLAYED FOR MY SON IN BASEBALL. THERE WERE JUST LIKE THESE KIDS THAT GRADUATED. AND I WENT AROUND THE TABLE AND THIS IS ALL A BUNCH OF 18 AND 19-YEAR-OLD SOLDIERS AND THEY CAME FROM SMALL TOWN AND BIG TOWN AMERICA. THEY COULD HAVE BEEN YOUR FRIENDS, YOUR NEIGHBORS, YOUR COUSIN. COULD HAVE BEEN YOUR BROTHER OR YOUR SISTER, AND THERE THEY WERE STANDING UP THERE POTENTIALLY IN HARM'S WAY ON OUR BEHALF WHERE IT'S COLD AND WINDY AND KIND OF SCARY. SO THAT WAS MY FIRST CONTACT, AND I ASKED A QUESTION KIND OF NAIVELY. OK, SO WHEN ARE YOU GUYS GOING TO BE THROUGH IN KOREA? WHERE DO YOU WANT TO GO WHEN YOU GET OUT? EXPECTING ALL KINDS OF EXOTIC PLACES. NO, SIR. WE WANT TO GO TO -- WE WANT TO GO TO EITHER AFGHANISTAN OR IRAQ. AND MY WIFE WAS -- AND I WERE BOTH TAKEN BACK BY THAT. SO MY WIFE ASKED THE QUESTION, WHY WOULD YOU WANT TO GO THERE? AND THEY GAVE AN ANSWER THAT IS ONE OF THE DEFINITIONS I THINK OF THE UNITED STATES ARMY. THEY SAID, SIR, WE'RE WAR FIGHTERS. THAT'S WHERE THE WAR IS. THAT'S WHAT WE DO FOR A LIVING. WE ARE THE ARMY. NOW, THEY -- YOU HEAR THAT FROM A 19-YEAR-OLD KID THAT PROBABLY A YEAR AND A HALF AGO HAD BEEN PLAYING ON SOME PRACTICE FIELD SOMEPLACE IN CENTRAL TEXAS AND YOU SAY TO YOURSELF, WHAT MAGIC IS IT THAT WE GET PEOPLE LIKE THIS TO COME OUT AND DO THIS JOB AND DO IT WILLINGLY AND WITH SUCH PATRIOTISM AND SUCH FERVOR FOR DOING THE JOB THEY'RE TRAINED FOR? JUST RECENTLY, LESS THAN A FEW WEEKS AGO, MY WIFE AND I -- AND I SHARED THIS AT THE BIRTHDAY PARTY FOR THE ARMY LAST NIGHT, MY WIFE AND I GOT THE NICE HONOR OF BEING PART OF A SMALL DELEGATION OF MEMBERS OF CONGRESS WHO INVITED TO GO TO THE MEMORIAL DAY CEREMONY AT NORMANDY BEACH WHERE OUR SOLDIERS CAME ASHORE AND ACCOMPLISHED THE IMPOSSIBLE. AND IN FACT WE STOOD ON-POINTE -- STOOD ON POINTE DU HOC AND WE LOOKED AT THE PIERS THAT ALLOWED A HEROIC EFFORT. AND WE GOT TO SEE THAT BEACH BOTH AT HIGH AND LOW TIDE. AND WE GOT TO SEE THE DISTANCE THOSE SOLDIERS HAD TO RUN UNDER HEAVY, HEAVY, HEAVY AUTOMATIC WEAPON FIRE AND ARTILLERY FIRE JUST TO GET TO THAT BLUFF THAT THEY HAD TO CLIMB TO GET TO THE FIGHT. IT WAS -- YOU LOOKED AT IT AND YOU SAID, I DON'T THINK I COULD HAVE DONE IT. THAT WAS WHAT I THOUGHT. I DON'T THINK I COULD HAVE DONE IT. AND THEN YOU REALIZE THAT THOSE -- THAT'S THE SAME KIDS LIKE THE SAME KIDS I TALKED TO IN KOREA. THEY WERE YOUNG PEOPLE WHO WERE MEMBERS OF THE UNITED STATES ARMY AND THEY HAD A JOB TO DO AND THEY DID IT. THEY TOLD US A STORY ABOUT A SOLDIER WHO LANDED THERE, FOUND HIS WAY ACROSS THE BEACH TO THE BLUFF, FOUGHT HIS WAY UP THE BLUFF TO GET OFF OF THAT DEADLY BEACH ONLY TO BE WOUNDED IN THE -- TOOK OFF THE RIGHT SIDE OF HIS FACE WITH A MACHINE GUN BULLET. THEY WRAPPED HIM UP ON TOP OF THE BLUFF AND SAID, YOU NEED TO GO BACK DOWN ON THE BEACH TO A STATION AND HIS COMMENT WAS, I JUST FOUGHT MY WAY OFF OF THAT BEACH. AND THEY SAID, NO, YOU GOT TO BE EVACUATED. GOING BACK DOWN TO BE EVACUATED HE WAS SHOT FOUR MORE TIMES. THE LAST OF WHICH CAUGHT THE LEFT SIDE OF HIS FACE. AND HIS COMMENT THAT HE MADE WHEN HE CAME BACK TO THE -- TO NORMANDY AS A 90-YEAR-OLD MAN, AND THEY SAID HE LOOKED FINE. HE SAID, THEY DID A FINE JOB ON ME AND I LOOK GOOD. I HAVE CHILDREN, I HAVE GRANDCHILDREN, I HAVE GREAT GRANDCHILDREN. AND I DID WHAT I DID FOR THEM, BUT I CAN SAY THAT I ALWAYS WONDERED IF I REALLY OUGHT TO COME TO THIS BEACH BECAUSE I WAS ONLY HERE FOR NINE HOURS. TRUE, I DID GET FIVE PURPLE HEARTS WHILE I WAS HERE, BUT I WAS WORRIED TO COME BACK AND SAY I LANDED HERE BECAUSE I HAD TO BE EVACUATED. THAT SPECIAL SOMETHING THAT MAKES UP THE UNITED STATES ARMY CAN'T BE DESCRIBED TO US IN DETAIL. BUT WHEN YOU WALK AMONG THOSE 10,000 CROSSES IN THAT CEMETERY, CROSSES OF THE STAR OF DAVID, AND YOU REALIZE THAT THOSE HEROES LAYING BENEATH THAT GROUND ARE EXACTLY LIKE THOSE HEROES WHO STAND ON THE WALL IN THE DEFENSE OF LIBERTY IN IRAQ AND AFGHANISTAN TODAY, OUR SOLDIERS TODAY ARE EXACTLY LIKE THOSE IN THE GREATEST GENERATION. THEY SACRIFICE EVERYTHING. I'M PROUD TO REPRESENT THE 31ST CONGRESSIONAL DISTRICT, WHICH IS THE HOME OF FORT HOOD. EVERY SOLDIER AT FORT HOOD HAS BEEN DEPLOYED MULTIPLE TIMES, AND THEY NEVER COMPLAIN. THEY JUST DO THE JOB. WE AMERICANS, WHEREVER WE ARE, IN THIS HOUSE WHERE WE'RE SO BLESSED TO BE ABLE TO SERVE, OR AROUND THE WORLD SHOULD EVERY DAY STOP TO -- AND SAY THANK YOU TO THE UNITED STATES ARMY FOR THE QUALITY OF HUMAN BEINGS THEY HAVE PRODUCED TO DEFEND OUR NATION AND FOR THE PATRIOTIC SPIRIT THAT IS PART OF WHAT MAKES UP THE PSYCHE OF AMERICA. NOTHING IS MORE PRECIOUS TO US THAN THE UNITED STATES ARMY. NOTHING IS MORE HONORABLE TO ME THAN BEING GIVEN THE OPPORTUNITY TO REPRESENT OVER 50,000 AMERICAN SOLDIERS. AND SO THIS DAY I AM VERY HAPPY TO SAY TO OUR UNITED STATES ARMY, HAPPY BIRTHDAY, U.S. ARMY. WE ARE PROUD OF YOU. GOD BLESS YOU AND KEEP YOU SAFE. I YIELD BACK.

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  • 03:56:25 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM…

    THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM TEXAS IS RECOGNIZED.

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  • 03:56:30 PM

    MR. ORTIZ

    I YIELD THREE MINUTES TO MY GOOD FRIEND AND COLLEAGUE FROM NEW YORK, MR.…

    I YIELD THREE MINUTES TO MY GOOD FRIEND AND COLLEAGUE FROM NEW YORK, MR. HALL, A MEMBER OF THE ENERGY AND GLOBAL WARMING SUBCOMMITTEE, AND AS ALWAYS HE DOES A GREAT JOB, MR. HALL.

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  • 03:56:42 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM NEW YORK IS RECOGNIZED FOR THREE MINUTES.

  • 03:56:45 PM

    MR. HALL

    THANK YOU, MADAM SPEAKER, AND THANK YOU, MR. CHAIRMAN. I RISE IN SUPPORT…

    THANK YOU, MADAM SPEAKER, AND THANK YOU, MR. CHAIRMAN. I RISE IN SUPPORT OF THE HOUSE CONCURRENT RESOLUTION 286, INTRODUCED BY MY COLLEAGUE FROM TEXAS AND ALSO THE CO-CHAIRS OF THE ARMY CAUCUS, MR. EDWARDS AND MR. CARTER, AND I WOULD JUST LIKE TO FOLLOW ON MR. CARTER'S REMARKS ABOUT THE MODESTY OF THE VETERAN WHO UPON RETURNING TO THE NORMANDY BEACHES WONDERED IF HE WAS WORTHY AFTER ONLY SPENDING NINE HOURS THERE ON D-DAY WHETHER IT WAS -- HE DESERVED TO COME BACK THERE AGAIN. I HAVE SPOKEN TO ARMY VETERANS WHO WERE WOUNDED AND NEEDED HELP BUT SAY I DON'T WANT TO GO TO THE V.A. AND ASK FOR HELP BECAUSE MAYBE THERE'S SOMETHING WOUNDED WORSE THAN I WAS AND THEY NEED THE HELP MORE, THEY NEED THE MONEY MORE THAN I NEED IT. AND THAT MODESTY AND SENSE OF SELF-SUFFICIENCY IS ADMIRABLE BUT SOMETHING WE ON THE VETERANS SERVICE COMMITTEE TRIED TO GET PAST AND TRIED TO CONVINCE ALL AMERICANS THAT THEY'VE EARNED THE ASSISTANCE THAT THIS COUNTRY SHOULD GIVE THEM. I'M SOMEBODY WHO WAS TURNED AWAY ON INDUCTION DAY WHEN I WENT FOR MY PHYSICAL AT HALIBURT AVENUE IN BALTIMORE FOR VARIOUS PHYSICAL REASONS, BUT AS FATE WOULD HAVE IT, I'M NOW CHAIRING THE VETERANS' AFFAIRS SUBCOMMITTEE ON DISABILITY ASSISTANCE AND MEMORIAL AFFAIRS. AND WE WERE IN THE MIDDLE OF A HEARING YESTERDAY ON THE STATE OF VETERANS BENEFITS ADMINISTRATION WHEN I HAD THE HONOR TO WELCOME GENERAL DAVID PONTOON WHO IS TAKING OVER AS SUPERINTENDENT OF WEST POINT, WHICH IS IN MY DISTRICT, REPLACING THE GENERAL WHO SERVED THERE LONGER THAN I'VE BEEN IN THIS CONGRESS. AND IT'S A VERY PROUD TRADITION AT THE ARMY'S ACADEMY. WAS FOUNDED SHORTLY AFTER OUR REVOLUTIONARY WAR AT THE POINT OF THE HUDSON RIVER CALLED THE WORLD'S END, WHERE THE HUDSON TAKES A 90-DEGREE BEND TO THE WEST AND THEN ONCE AGAIN 90 DEGREES STRAIGHT TO THE NORTH. IT'S THE POINT WHERE THE REVOLUTIONARY ARMY STRETCHED A CHAIN ACROSS THE ARMY TO STOP THE BRITISH FLEET FROM SAILING UP AND INFLUENCING THE BATTLES THAT WERE TAKING PLACE FURTHER NORTH IN THE HUDSON VALLEY. AND TO THIS DAY PRODUCES OUR OFFICER CORPS THAT IS GOING -- INCLUDING MY NEPHEW WHO GRADUATED A COUPLE WEEKS AGO FROM WEST POINT, WHO ARE SHORTLY GOING TO BE LEADING TROOPS IN BATTLE. SOME OLDER THAN THEM. SOME YOUNGER THAN THEM. BUT THE ENLISTED CORPS WHO WILL BE LOOKING TO OUR NEW OFFICERS IN THE ARMY FOR LEADERSHIP. I WAS HONORED TO BE AT A GATHERING OF APPOINTEES THAT I HAD HELPED GAIN ADMISSION. OF COURSE, THEY HAD TO PASS THE ADMISSION TEST TO WEST POINT AND THE OTHER SERVICE ACADEMIES AS WELL, BUT I HEARD A COLONEL FROM THE ADMISSION'S OFFICE AT WEST POINT SAY THE BEST THING THAT THEY COULD DO AS OFFICERS IN THE ARMY IS LISTEN. AND THEY LISTENED TO THEIR SOLDIERS WHO THEY LEAD AND THEY LEAD THROUGH SERVICE. SO ONCE AGAIN I'D LIKE TO CONGRATULATE AND HONOR THE ARMY ON THIS 235TH BIRTHDAY, URGE SUPPORT OF THE RESOLUTION BY ALL MY COLLEAGUES AND OFFER MY HOPES AND PRAYERS THAT ALL OF OUR YOUNG OFFICERS AND ENLISTED PEOPLE AND MORE SENIOR ONES AND MORE EXPERIENCED ONES AS WELL WILL COME BACK MORE SAFELY AND YIELD BACK THE BALANCE OF MY TIME.

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  • 04:00:38 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN'S TIME HAS EXPIRED. THE GENTLEMAN FROM HAWAII.

  • 04:00:46 PM

    >>

    HAVE NO FURTHER SPEAKERS, I YIELD BACK THE BALANCE OF OUR TIME.

  • 04:00:51 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM TEXAS IS RECOGNIZED.

  • 04:00:56 PM

    >>

    FOR MANY YEARS, YIELD -- I YIELD THREE MINUTES.

  • 04:01:09 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN IS RECOGNIZED FOR THREE MINUTES.

  • 04:01:14 PM

    MR. FALEOMAVAEGA

    THANK YOU, MADAM SPEAKER, I WANT TO THANK MY FRIEND FROM TEXAS AS WELL AS…

    THANK YOU, MADAM SPEAKER, I WANT TO THANK MY FRIEND FROM TEXAS AS WELL AS THE GENTLEMAN FROM HAWAII FOR MANAGING THIS IMPORTANT RESOLUTION. IRONICALLY WE JUST GOT THROUGH HONORING A RESOLUTION COMMEMORATING THE 60TH ANNIVERSARY OF THE KOREAN WAR, FOUR OF OUR COLLEAGUES WERE VETERANS OF THAT TERRIBLE CONFLICT, CONGRESSMAN RAIN FWELL, CONGRESSMAN SAME JOHNSON OF TEXAS, CONGRESSMAN CONYERS OF MICHIGAN AND CONGRESSMAN COBLE FROM NORTH CAROLINA. THAT KOREAN WAR TOOK 30,000 OF OUR SOLDIERS' LIVES, AND LEST WE FORGET THE SACRIFICES THAT WE HONOR THE CELEBRATION OF THE 235TH BIRTHDAY OF THE U.S. ARMY, IT WAS MY HONOR TO HAVE SERVED AS A MEMBER OF THE U.S. ARMY DURING THE VIETNAM CONFLICT, MADAM CHAIRMAN. I RECALL THAT THE TIME OF THE REVOLUTIONARY WAR, GEORGE WASHINGTON WITH SOME 12,000 SOLDIERS THAT WERE NOT VERY WELL TRAINED AND THEY HAD TO GO UP AGAINST SOME 30,000 BRITISH RED COATS THE MOST POWERFUL MILITARY ORGANIZATION AT THAT TIME, AND WE HAD TO FIGHT AND WE WON THE WAR, GIVING CREDIT TO GENERAL GEORGE WASHINGTON AND THOSE WHO WERE ABLE TO ASSIST HIM. ANOTHER BASIC HISTORY ALSO, THE HISTORY OF THE U.S. ARMY, MADAM SPEAKER, JUST WANTED ALSO TO SAY THE TIME OF WORLD WAR II, WHERE SOME 100,000 JAPANESE AMERICANS WERE INCARCERATED IN CONCENTRATION CAMPS, DESPITE THE DISCRIMINATION AND HATRED AND RACISM HEAPED ON THE JAPANESE AMERICANS, WHEREAS THE VOL THEEFERS BATTALION OF THE 4242ND INFANTRY BRIGADE SENT TO -- THE 442ND INFANTRYBERRY GRADE SENT TO EUROPE, THEY BECAME THE MOST DECORATED UNITS IN THE HISTORY OF THE U.S. ARMY. THE 100 BATTALION AND 442ND INFANTRY, SOME 18,000 INDIVIDUAL DECORATION WERE GIVEN TO THE MEN WHO SERVED, JAPANESE AMERICANS. SOME 9,000 PURPLE HEARTS WERE AWARDED. SOME 560 SILVER STARS. 52 DISTINGUISHED SERVICE CROSSES. IRONICALLY, ONLY ONE MEDAL OF HONOR. WE CORRECTED THAT. AS A RESULT OF REVIEWING AGAIN THE VALUE AND THE COURAGE OF THESE JAPANESE AMERICAN SOLDIERS WHO FOUGHT DURING THAT TIME, 19 ADDITIONAL MEDALS OF HONOR WERE AWARDED BECAUSE OF WHAT THEY HAD DONE DURING THE WAR. I JUST WANTED TO NOTE THAT AS A MATTER OF HISTORY AND I WANT TO COMMEND THE GENTLEMAN FROM TEXAS, MR. EDWARDS, FOR HIS AUTHORSHIP OF THIS RESOLUTION AND SINCERELY THANK MY GOOD FRIEND, CONGRESSMAN ORTIZ, FOR ALLOWING ME TO SAY A FEW WORDS IN CELEBRATING THE 235TH BIRTHDAY OF THE U.S. ARMY. WITH THAT, I YIELD BACK. THANK YOU.

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  • 04:04:17 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS. THE GENTLEMAN FROM TEXAS.

  • 04:04:21 PM

    MR. ORTIZ

    YOU KNOW, WE CANNOT FORGET THAT AT THE SAME TIME WHEN WE ARE HONORING THE…

    YOU KNOW, WE CANNOT FORGET THAT AT THE SAME TIME WHEN WE ARE HONORING THE SOLDIERS, WE CANNOT FORGET THEIR FAMILIES, BECAUSE THEY HAVE SACRIFICED AS WELL. I'VE HAD 29 SOLDIERS WHO HAVE BEEN KILLED IN THE AFGHANISTAN AND IRAQI WAR. ON ONE OF THESE FUNERALS AATTEND -- I ATTENDED, I MET A YOUNG ESCORT SOLDIER, WHO WAS ESCORTING A BODY TO MY DISTRICT. HE GAVE ME THIS POEM THAT I ALWAYS CARRY WITH ME, THAT I WILL NEVER FORGET. THIS IS THE PEOPLE WHOSE BIRTHDAY WE'RE CELEBRATING TODAY. IT SAYS, SOLDIER IS THE TITLE OF THE POEM, I WAS THAT WHICH OTHERS DID NOT WANT TO BE. I WENT WHERE OTHERS FEARED TO GO. AND DID WHAT OTHERS FAILED TO DO. I ASKED NOTHING FROM THOSE WHO GAVE NOTHING. AND RELUCTANTLY ACCEPTED ETERNAL LONELINESS SHOULD I FAIL. I HAD SEEN THE FACE OF TERROR AND FELT THE STINGING COLD FEAR AND ENJOYED THE SWEET TASTE OF A MOMENT'S LOVE. I HAD CRIED, I HAVE PAIN, AND HOPED. PUT MOST OF ALL, I HAVE LIVED IN TIMES OTHERS SAY WERE BEST FORGOTTEN, AT LEAST SOMEDAY, I WILL BE ABLE TO SAY THAT I WAS PROUD OF WHAT I WAS, A SOLDIER. AND THIS IS THEIR BIRTHDAY, THE UNITED STATES ARMY. THANK YOU. I YIELD BACK THE BALANCE OF MY TIME.

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  • 04:06:15 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK. THE QUESTION IS, WILL THE HOUSE SUSPEND THE…

    THE GENTLEMAN YIELDS BACK. THE QUESTION IS, WILL THE HOUSE SUSPEND THE RULES AND AGREE TO HOUSE CONCURRENT RESOLUTION 286. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, 2/3 BEING IN THE AFFIRMATIVE, THE RULES ARE SUSPENDED AND THE CONCURRENT RESOLUTION IS AGREED. TO

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  • 04:06:43 PM

    MR. ORTIZ

    I OBJECT TO THE VOTE ON THE GROUNDS THAT A QUORUM IS NOT PRESENT AND MAKE…

    I OBJECT TO THE VOTE ON THE GROUNDS THAT A QUORUM IS NOT PRESENT AND MAKE THE POINT OF ORDER THAT A QUORUM IS NOT PRESENT AND I ASK FOR A RECORDED VOTE.

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  • 04:06:51 PM

    THE SPEAKER PRO TEMPORE

    PURSUANT TO CLAUSE 8 OF RULE 20 AND THE CHAIR'S PRIOR ANNOUNCEMENT,…

    PURSUANT TO CLAUSE 8 OF RULE 20 AND THE CHAIR'S PRIOR ANNOUNCEMENT, FURTHER PROCEEDINGS ON THIS MOTION WILL BE POSTPONED. PURSUANT TO CLAUSE 8 OF RULE 20, PROCEEDINGS WILL RESUME ON MOTIONS TO SUSPEND THE RULES PREVIOUSLY POSTPONED. VOTES WILL BE TAKEN IN THE FOLLOWING ORDER. HOUSE CONCURRENT RESOLUTION 242 BY THE AYES AND NAYS. HOUSE RESOLUTION 1422, BY THE AYES AND NAYS, AND HOUSE RESOLUTION 1414, DE NOVO. REMAINING POSTPONED VOTES WILL BE TAKEN LATER IN THE WEEK. THE FIRST ELECTRONIC VOTE WILL BE CONDUCTED AS A 15-MINUTE VOTE. REMAINING ELECTRONIC VOTES WILL BE CONDUCT AS FIVE-MINUTE VOTES. THE UNFINISHED BUSINESS IS THE VOTE ON THE MOTION OF THE GENTMAN FROM TENNESSEE, MR. COHEN TO SUSPEND THE RULES AND AGREE TO HOUSE RESOLUTION 1422, ON WHICH THE YEAS AND NAYS ARE ORDERED. THE CLERK WILL REPORT THE TITLE OF THE RESOLUTION.

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  • 04:08:07 PM

    THE CLERK

    1422, RESOLUTION HONORING THE DEPARTMENT OF JUSTICE ON TH OCCASION OF ITS…

    1422, RESOLUTION HONORING THE DEPARTMENT OF JUSTICE ON TH OCCASION OF ITS 140TH ANNIVERSARY.

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  • 04:08:36 PM

    THE SPEAKER PRO TEMPORE

    THE UNFINISHED BUSINESS IS THE VOLT ON THE MOTION OF THE GENTLEMAN FROM…

    THE UNFINISHED BUSINESS IS THE VOLT ON THE MOTION OF THE GENTLEMAN FROM TENNESSEE, MR. COHEN TO SUSPEND THE RULES AND AGRETO HOUSE CONCURRENT RESOLUTION 242 ON WHICH THE YEAS AND NAYS ARE ORDERED. THE CLERK WILL REPORT THE TITLE OF THE CONCURRENT RESOLUTION.

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  • 04:08:52 PM

    THE CLERK

    HOUSE CONCURRENT RESOLUTION 242, CONCURRENT RESOLUTION HONORING AND…

    HOUSE CONCURRENT RESOLUTION 242, CONCURRENT RESOLUTION HONORING AND PRAISING THE NATIONAL ASSOCIATION FOR THE ADVANCEMENT OF COLORED PEOPLE ON THE CASE OF ITS 101ST ANNIVERSARY.

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  • 04:09:06 PM

    THE SPEAKER PRO TEMPORE

  • 04:29:13 PM

    >>

    OF AGENT ORANGE WAS SPRAYED, HOW MUCH?

  • 04:29:21 PM

    GUEST

    WAS STORED, HANDLES, AND SPRAYED OVER ONE-THIRD OF THE COUNTRY OF VIETNAM.…

    WAS STORED, HANDLES, AND SPRAYED OVER ONE-THIRD OF THE COUNTRY OF VIETNAM. AND 20 MILLION GALLONS OF -- WE ARE WATCHING THE BP STILL INTEND TO FIGURE OUT WHAT THAT MEANS. WE WALKED THE FAMOUU CASES WHERE A LOT OF THAT WAS STORED DURING THE WAR -- FAMOUS BASES WHERE A LOT OF THIS WAS STORED DURING THE WAR. WE TRIED TO GET AN ON THE GROUND SENSE OF THE PROBLEM. E PROBLEM IS THAT, BUT IT IS NOT HUGE. THE FORD FOUNDATION HAS HELPED TO CLEAN UP SOME OF THE SPIRIT AND

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  • 04:30:16 PM

    HOST

    THERE IS A MAP PUT TOGETHER. IT SHOWS BETWEEN 1961 AND 1971 THE U.S. TRADE…

    THERE IS A MAP PUT TOGETHER. IT SHOWS BETWEEN 1961 AND 1971 THE U.S. TRADE NEARLY 20 MILLION GALLONS OF U.S. ORANGAGENT ORANGE. MUCH OF IT CONTAINED DIOXIN. THE LINGERING HEALTH IMPACT HAS MADE THIS THE COST WITH IMPACT IN TERMS OF VETERAN COMPENSATION. WHAT HAS THIS DONE IN VIETNAM?

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  • 04:30:47 PM

    GUEST

    OF MONEY HAS BEEN SPENT, AND RIGHTLY SO. IN VIETNAM YOU CAN SEE INCREASED…

    OF MONEY HAS BEEN SPENT, AND RIGHTLY SO. IN VIETNAM YOU CAN SEE INCREASED INCIDENCE FROM BIRTH DEFECTS AND CERTAIN TYPES OF CANCERS. WE WENT AND VISITED CENTERS WHERE CHILDREN OR PEOPLE IN THEIR 30'S AND 40'S 44 NOT WITH BIRTH DECTS, CRIPPLED, OR WHAT ER, AND WE LOOKED AT THE LONG- TERM HUMANITARIAN IMPACT THAT IT D ON HUMANS. -- WHO WERE BN WITH BIRTH DEFECTS, CRIPPLED, OR WHATEVER, AND WE LOOK AT THE LONG-TERM HUMANITARIAN IMPACT THAT IT HAD ON HUMANS. A LOT OF THINGS ULD HAVE BEEN CAUSED BY BEATIE. YOU KNOW THERE IS A HIGH YEAR VEL OF ITS WHERE DIOXIN WAS PRESE. -- YOU KNOW THERE IS A HIGHER LEVEL OFT WHERE DIOXIN WAS PRESENT. ONCE YOU GET OVER TO HAVING A PEN THAT SCIENTIFIC CLAIM AND SAID LET'S TRY TO DD THIS FOR PEOPLE WHO ARE DISABLED, I THINK THAT BRINGS US BACK TO THE PROBLEM.

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  • 04:32:12 PM

    HOST

    THERE HAVE

  • 04:35:43 PM

    THE SPEAKER PRO TEMPORE

    ON THIS VOTE, THE YEAS A 421, THE NAYS ARE ZERO. 2/3 BEING IN THE…

    ON THIS VOTE, THE YEAS A 421, THE NAYS ARE ZERO. 2/3 BEING IN THE AFFIRMATIVE, THE RULES ARE SUSPENDED, THE CONCURRENT RESOLUTION I AGREED TO, AND WITHOUT OBJECTION, THE MOTION TO RECONSIDER IS LAID ON THE TABLE. THE UNFINISHED BUSINESS IS THE VOTE ON THE MOTION OF THE GENTLEMAN FROM TENNESSEE, MR. COHEN, SUSPEND THE RULES AND AGREE TO HOUSE RESOLUTION 1422, ON WHICH THE YEAS AND NAYS WERE ORDERED. THE CLERK WILL REPORT THE TITLE OF THE RESOLUTION.

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  • 04:36:22 PM

    THE CLERK

    HONORING THE DEPARTMENT OF JUSTICE ON THE OCCASION OF ITS 140TH…

    HONORING THE DEPARTMENT OF JUSTICE ON THE OCCASION OF ITS 140TH ANNIVERSARY.

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  • 04:36:32 PM

    THE SPEAKER PRO TEMPORE

    THE QUESTION IS, WILL THE HOUSE SUSPEND THE RULES AND AGREE TO THE…

    THE QUESTION IS, WILL THE HOUSE SUSPEND THE RULES AND AGREE TO THE RESOLUTION. MEMBERS WILL RECORD THEIR VOTES BY ELECTRONIC DEVICE. THIS IS A FIVE MINUTE VOTE. [CAPTIONING MADE POSSIBLE BY THE NATIONAL CAPTIONING INSTITUTE, INC., IN COOPATION WITH THE UNITED STATES HOUSE OF REPRESENTATIVES. ANY USE OF THE CLOSED-CAPTIONED COVERAGE OF THE HOUSE PROCEEDINGS FOR POLITICAL OR COMMERCIAL PURPOSES IS EXPRESSLY PROHIBITED BY THE U.S. HOUSE OF REPRESENTATIVES.] THIS, AND THE U.S. IS SAYING YES. THE PEOPLE ARE SAYING BASICALLY -- THEY ARE TRYING TO SHOW THEM THIS. THE U.S. MILITARY IS SAYING YES, THIS IS YOURS AND ROLLING IT BACK. -- THROWING IT BACK. THE PEOPLE SAID BECAUSE THERE IS NOT ENOUGH FOR EVERYONE. THEN THEY SAY ONLY THE SUPREME COLDEN NINJAWARRIOR CAN GRANT AS POWER.

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  • 04:38:51 PM

    GUEST

    THINK THAT IS PROBAB OVERSTATING ITS. WE HAD A VERY GOOD DIALOGUE GROUP.…

    THINK THAT IS PROBAB OVERSTATING ITS. WE HAD A VERY GOOD DIALOGUE GROUP. WE HAVE THE GATES FOUNDATION THAT HAS HELPED A LITTLE T. THIS IS VERY SCIENTIFIC-BASED. I DO NOT THINK WE WERE GETTING INTO ALL SORTS OF UNNECESSARY POLITICAL BATTLES. AND I THINK WE WERE JUST TRYING TO SAY THIS IS NOT THE HARDEST PROBLEM TO SOLVE. EACH CHIP IN A BIT OF MONEY TO SHOW THE WILL, THE DESIRE TO CLEAN THIS UP HERE AGAIN THE VIETNAMESE, AMERICAN GOVERNMENT, FOUNDATIONS, PRIVATE CORPORATIONS, I THINK THAT IS THE WAY. WE ARE AMERICANS, WE KNOW HOW TO CLEAN UP OUR MESS. THIS IS JUST A WAY TO SOLVE A PROBLEM.

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  • 04:39:53 PM

    HOST

    ON THE INDEPENDENT LINE. IN NEW ORLEANS.

  • 04:39:58 PM

    CALLER

    YOUR GST IF HE IS AWARE OF MR. SCHAUMBURG'S -- HE IS A PULITZER PRIZE…

    YOUR GST IF HE IS AWARE OF MR. SCHAUMBURG'S -- HE IS A PULITZER PRIZE AWARD WINNING "NEW RK TIMES"CONTRIBUTOR THAT SAID EVERY PRESIDENT HAS HIDDEN THE FACT THAT WE HAVE LEFT PRISONERS OF WAR IN VIETNAM BECAUSE WE WOULD NOT PAY THE $3.5 BILLION IN RETRIBUTION THAT THEY WERE ASKING FOR.

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  • 04:40:40 PM

    GUEST

    IS INTERESTING. THE MISSING IN ACTION P.O.W. ISSUE IS NOT ONE BE…

    IS INTERESTING. THE MISSING IN ACTION P.O.W. ISSUE IS NOT ONE BE ADDRESSED. THEY ARE NOT ASKING FOR RETRIBUTION MONEY. THEY ARE NOT ASKING FOR RESTORATION. I KNOW THIS IS VERY IMPORTANT, BUT OUR GROUP WAS NOT AN EXPERT ON THAT. WE LOOK AT THE NOTION OF HOW TO CLEAN UP THE MESS OF THE AGENT ORANGE THAT HAS BEEN LEFT IN THE COUNTRY.

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  • 04:41:23 PM

    HOST

    GEORGIA AS ON THE LINE. AND

  • 04:43:35 PM

    THE SPEAKER PRO TEMPORE

    ON THIS VOTE, THE YEAS ARE 408. THE NAYS ARE ZERO.

  • 04:44:53 PM

    THE SPEAKER PRO TEMPORE

    ON THIS VOTE, THE YEAS ARE 416. THE NAYS ARE THREE. 2/3 BEING IN THE…

    ON THIS VOTE, THE YEAS ARE 416. THE NAYS ARE THREE. 2/3 BEING IN THE AFFIRMATIVE, THE RULES ARE SUSPENDED, THE RESOLUTION IS AGREED TO, AND WITHOUT OBJECTION, THE MOTION TO RECONSIDER IS LAID ON THE TABLE. .

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  • 04:45:19 PM

    THE SPEAKER PRO TEMPORE

    HOUSE RESOLUTION 1414, CONGRATULATING ENGEL WOOD CAMPUS, THE NATION'S…

    HOUSE RESOLUTION 1414, CONGRATULATING ENGEL WOOD CAMPUS, THE NATION'S FIRST ALL MALE CHARTER HIGH SCHOOL FOR RECEIVING 155% ACCEPTCE RATE FOR THE CONGRATULATING CLASS OF 2010

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  • 04:45:29 PM

    THE CLERK

    CLASS OF 2010

  • 04:45:53 PM

    THE SPEAKER PRO TEMPORE

    WILL THE HOUSE SUSPEND THE RULES AND AGREE TO THE RESOLUTION AS AMENDED.…

    WILL THE HOUSE SUSPEND THE RULES AND AGREE TO THE RESOLUTION AS AMENDED. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. THE GENTLEMAN FROM NEW JERSEY IS RECOGNIZED.

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  • 04:46:05 PM

    MR. ANDREWS

    A RECORDED VOTE.

  • 04:46:07 PM

    THE SPEAKER PRO TEMPORE

    A RECORDED VOTE IS REQUESTED. THOSE FAVORING A RECORDED OTE WILL RISE. A…

    A RECORDED VOTE IS REQUESTED. THOSE FAVORING A RECORDED OTE WILL RISE. A SUFFICIENT NUMBER HAVING ARISEN, A RECORDED VOTE IS ORDERED. MEMBERS WILL RECORD THEIR VOTES BY ELECTRONIC DEVICE.. [CAPTIONING MADE POSSIBLE BY THE NATIONAL CAPTIONING INSTITUTE, INC., IN COOPERATION WITH THE UNITED STATES HOUSE OF REPRESENTATIVES. ANY USE OF THE CLOSED-CAPTIONED COVERAGE OF THE HOUSE PROCEEDINGS FOR POLITICAL OR COMMERCIAL PURPOSES IS EXPRESSLY PROHIBITED BY THE U.S. HOUSE OF REPRESENTATIVES.]

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  • 04:50:35 PM

    CALLER

    I AM DAVE. I AM A VIETNAM VETERAN. I SERVED TWO TOURS. 1967 AND 1968. AND…

    I AM DAVE. I AM A VIETNAM VETERAN. I SERVED TWO TOURS. 1967 AND 1968. AND WHEN I CAME HOME AND GOT OUT OF THE MILITARY IN 1969, 1970 I STARTED HAVING MUSCLE SPASMS IN MY BACK. AND FINALLY, WHEN THEY PUT OUT THAT AGENT ORANGE AND NUMBERS FOR US I APPLIED, GOT MY NUMBER. I WILL TRY TO MAKE THIS BRIEF. I HAVE HAD MUSCLE SPASMS EVER SINCE. IT HAS BEEN OV 40 YEARS. THEY MADE ME RETIRE 10 YEARS AGO. THE DOCTORS DID. AND SINCE I HAVE READ THE AMERICAN LEGION AND READ ON THE WEBSITE THAT THERE ARE SIX

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  • 04:53:53 PM

    THE SPEAKER PRO TEMPORE

    THIS VOTE, THE YEAS ARE 420, THE NAYS ARE ZERO. 2/3 BEING IN THE…

    THIS VOTE, THE YEAS ARE 420, THE NAYS ARE ZERO. 2/3 BEING IN THE AFFIRMATIVE, THE RULES ARE SUSPENDED, THE RESOLUTION IS AGREED TO AND WITHOUT OBJECTION, THE MOTION TO RECONSIDER IS LAID ON THE TABLE. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM INDIANA RISE?

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  • 04:54:13 PM

    >>

    HOUSE REPUBLICAN CONFERENCE I SEND TO THE DESK A PRIVILEGED RESOLUTION AND…

    HOUSE REPUBLICAN CONFERENCE I SEND TO THE DESK A PRIVILEGED RESOLUTION AND ASK FOR ITS IMMEDIATE CONSIDERATION. TH CLERK: HOUSE RESOLUTION 1447, RESOLVED THAT THE FOLLOWING NAMED MEMBERS BE AND THEY ARE ELECTED TO THE FOLLOWING STANDING COMMITTEE, COMMITTEE ON AGRICULTURE, MR. ROONEY, COMMITTEE ON HOMELAND SECURITY, MR. BRAY OF GEORGIA, COMMITTEE ON TRANSPORTATION AND INFRASTRUCTURE, MR. BRAY OF GEORGIA.

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  • 04:54:41 PM

    THE SPEAKER PRO TEMPORE

    OBJECTION, THE RESOLUTION IS AGREED TO AND THE MOTION TO RECONSIDER IS…

    OBJECTION, THE RESOLUTION IS AGREED TO AND THE MOTION TO RECONSIDER IS LAID ON THE TABLE. DOES THE THE GENTLEWOMAN FROM FROM TEXAS SEEK RECOGNITION.

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  • 04:54:55 PM

    MS. JACKSON LEE

    I ASK UNANIMOUS CONSENT TO SPEAK OUT OF ORDER.

  • 04:54:59 PM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION.

  • 04:55:01 PM

    MS. JACKSON LEE

    BECAUSE I WAS CHAIRING THE COMMITTEE ADDRESSING THE QUESTION OF THE UNITED…

    BECAUSE I WAS CHAIRING THE COMMITTEE ADDRESSING THE QUESTION OF THE UNITED CONTINENTAL MERGER I WAS UNAVOIDBLY DETAINED AND MISSED THE VOTE H. CON. RES. 242, MONDAY -- HONORING AND PRAISING THE NATIONAL ASSOCIATION FOR THE ADVANCEMENT OF COLORED PEOPLE ON THE OCCASION OF ITS 101 ANNIVERSARY. IF I HAD BEEN PRESENT I WOULD HAVE VOTED A YES AND ASK THAT IT BE PLACED IN THE APPROPRIATE PLACE IN THE RECORD FOR THE RECORD TO BE CORRECT. I WOULD HAVE VOTED IOWA.

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  • 04:55:36 PM

    THE SPEAKER PRO TEMPORE

    THE LADY'S EXPLANATION WILL BE RECORDED IN THE RECORD.

  • 04:56:11 PM

    THE SPEAKER PRO TEMPORE

    THE CHAIR WILL ENTERTAIN REQUESTS FOR ONE-MINUTE SPEECHES. WILL OTHER…

    THE CHAIR WILL ENTERTAIN REQUESTS FOR ONE-MINUTE SPEECHES. WILL OTHER MEMBERS PLEASE TAKE THEIR CONVERSATIONS OUT OF THE CHAMBER. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM THE NORTHERN MIR YAWN AST RISE? -- MIRANAS RISE. WITHOUT OBJECTION. THE GENTLEMAN IS RECOGNIZED.

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  • 04:56:52 PM

    MR. SABLAN

    BUT THE INFLUENCE WAS MORE THAN A MIRACLE. HE WAS THE FIRST ENTREPRENEURS…

    BUT THE INFLUENCE WAS MORE THAN A MIRACLE. HE WAS THE FIRST ENTREPRENEURS TO EMERGE FROM THE ASHES OF WORLD WAR II. MANNY'S FAMILY SOLD PRODUCE TO THE JAPANESE BEFORE THE WAR BUT AFTER THE WAR THEY BECAME BUSINESS PEOPLE THEMSELVES AND BEGAN A SMALL GROCERY STORE. THEY INVESTED IN REAL ESTATE, WENT INTO CONSTRUCTION, SOLD SCRAP AND GREW THEIR FORTUNE AND INVESTED IN THEIR CHILDREN'S EDUCATION THOUGH THEY ONLY HAD A SIXTH GRADE AND THIRD EDUCATION BETWEEN THEM AND BROUGHT CHAIR CHILDREN INTO THE STORES. SHE WAS PASSED AWAY SURROUNDED BY LOVED ONES. MANNY GOMEZ LIVES ON, FARMING AS HE DID AS A CHILD, STILL TRAVELING OCCASIONALLY AND DEVOTION TO FAMILY AND FAITH. I YIELD BACK THE BALANCE OF MY TIME.

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  • 04:58:18 PM

    THE SPEAKER PRO TEMPORE

    ALL MEMBERS ARE REMINDED NOT TO TRAFFIC THE WELL WHILE OTHER MEMBERS ARE…

    ALL MEMBERS ARE REMINDED NOT TO TRAFFIC THE WELL WHILE OTHER MEMBERS ARE UNDER RECOGNITION. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM TEXAS RISE?

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  • 04:58:27 PM

    MR. POE

    REQUEST PERMISSION TO ADDRESS THE HOUSE FOR ONE MINUTE.

  • 04:58:32 PM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION. THE HOUSE IS NOT IN ORDER. WILL MEMBERS TAKE THEIR…

    WITHOUT OBJECTION. THE HOUSE IS NOT IN ORDER. WILL MEMBERS TAKE THEIR CONVERSATIONS OFF OF THE FLOOR.

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  • 04:58:54 PM

    MR. POE

    THE ABSOLUTE RIGHT TO DEFEND ITSELF. IT C13 RIGHT TO DEFEND ITSELF. IT IS…

    THE ABSOLUTE RIGHT TO DEFEND ITSELF. IT C13 RIGHT TO DEFEND ITSELF. IT IS UNDER SIEGE AND HAS THE TERRORIST GROUP HEZBOLLAH AND IN THE SOUTH TERRORIST GROUP HAMAS FIRING MISSILES. SIX SHIPS TRIED TO BREAK A BLOCKADE. ISRAEL DEFENDS ITS BORDERS AND SEARCHES SHIPS TO MAKE SURE AID GOING TO GAZA IS NOT FROM IRAN AND IS NOT WEAPONS. BUT THIS WAS NOT HUMANITARIAN AID, WORKERS THAT ASSAULTED THESE ISRAELI COMMANDOS WHERE 10 OF THEM WERE HURT. THEIR GOAL WAS TO HAVE AN INTERNATIONAL INCIDENT, THE REREASON BEING AFTER THE SHIPS WERE STOPPED AND BEING ALLOWED TO PROCEED INTO GAZA THE HUMANITARIAN AID WAS DENIED AND REFUSED BY HAMAS. OBVIOUSLY AN INTERNATIONAL INCIDENT THAT HAD GONE BAD FOR HAMAS. RECENTLY, MYSELF AND THE GENTLEMAN FROM MICHIGAN, MR. PETERS, ALONG WITH 128 MEMBERS OF CONGRESS HAVE TRIED TO MAKE IT CLEAR TO THE WHITE HOUSE THAT THE UNITED STATES SHOULD STAND WITH OUR ALLIES, ISRAEL AND MAKE IT CLEAR TO ISRAEL, TO AMERICA AND THE REST OF THE WORLD THAT ISRAEL HAS THE ABSOLUTE RIGHT TO DEFEND ITSELF IN THIS SITUATION AND SUPPORT THE BLOCKADE AND SUPPORT THEIR ACTIONS OF THE FLO TILLA. THIS SHOULD BE CLEAR TO ALL CONCERNED THROUGHOUT THE WORLD, ESPECIALLY HAMAS AND HEZBOLLAH, AND THAT'S JUST THE WAY IT IS.

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  • 05:00:30 PM

    THE SPEAKER PRO TEMPORE

    ARE THERE ANY MEMBERS SEEKING ONE-MINUTE SPEECHES? FOR WHAT PURPOSE DOES…

    ARE THERE ANY MEMBERS SEEKING ONE-MINUTE SPEECHES? FOR WHAT PURPOSE DOES THE GENTLEMAN FROM CALIFORNIA RISE?

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  • 05:00:37 PM

    MR. LUNGREN

    WITHOUT OBJECTION.

  • 05:00:38 PM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION.

  • 05:00:41 PM

    MR. LUNGREN

    THERE IS DISCUSSION ABOUT WHETHER WE'RE GOING TO BRING UP THE DISCLOSE ACT…

    THERE IS DISCUSSION ABOUT WHETHER WE'RE GOING TO BRING UP THE DISCLOSE ACT IN THE RULES COMMITTEE OR ON THE FLOOR THIS WEEK. AND THE REASON IS THE SPECIAL EXEMPTION HAS BEEN TO JUST A SELECT NUMBER OF GROUPS. STARTING WITH THE NATIONAL RIFLE ASSOCIATION. BUT ALSO NOT INCLUDING THE GUN OWNERS OF AMERICA INCLUDING THE HUMANE SOCIETY BUT NOT INCLUDING OTHER AGRICULTURAL GROUPS IN AMERICA. IN OTHER WORDS, WE'RE SAYING THAT FREE SPEECH'S FREE FOR SOME BUT NOT ALL. AND AS I LOOKED AT THIS EXEMPTION THAT'S BEEN GIVEN, YOU HAVE TO HAVE OVER A MILLION MEMBERS, YOU HAVE TO HAVE MEMBERS IN ALL 50 STATES, YOU HAVE TO EXISTED FOR MORE THAN 10 YEARS. IT'S OBVIOUS WE'VE NOW GONE FROM TOO BIG TO FAIL TO TOO BIG TO FILE. IN OTHER WORDS, IF YOU GOT ENOUGH JUICE HERE YOU'RE NOT GOING TO BE INCLUDED. BUT IF YOU DO YOU'RE GOING TO BE EXCLUDED AND YOU'RE GOING TO BE ALLOWED IN THIS ELECTION PERIOD TO FULLY --

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  • 05:01:44 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN'S TIME HAS EXPIRED.

  • 05:01:46 PM

    MR. LUNGREN

    FIRST AMENDMENT RIGHTS. THAT'S NOT WHAT THE CONSTITUTION'S ALL ABOUT.

  • 05:01:51 PM

    THE SPEAKER PRO TEMPORE

    FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM OHIO RISE?

  • 05:01:55 PM

    >>

    SPEAKER. I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE AND…

    SPEAKER. I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE AND TO REVISE AND EXTEND.

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  • 05:02:00 PM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION.

  • 05:02:11 PM

    MS. KAPTUR

    TALK ABOUT THE TORNADOES THAT RAVAGED WESTERN OHIO JUNE 5 AND 6 AND IT…

    TALK ABOUT THE TORNADOES THAT RAVAGED WESTERN OHIO JUNE 5 AND 6 AND IT PREMATURELY TOOK THE LIVES OF SIX PEOPLE. WE'RE TALKING ABOUT FULTON COUNTY, ADJACENT COUNTIES, MADISON WALTERS HAS BEEN TRAGICALLY ORPHANED WHILE HER FAMILY, MARY AND RYAN, WERE KILLED. WE REMEMBER OTHERS. OVER 100 MILLION DOLLARS OF ESTIMATED DAMAGE OCCURRED. LAKE HIGH SCHOOL WAS LEVELED. SO MANY BUSINESSES, HOMES, FARMS AFFECTED. WHILE THIS IS A STORY OF PAIN, IT IS A STORY OF HOPE WHILE WAVES OF THOUSANDS OF VOLUNTEERS HAVE COME TO TRY TO HELP AND ASSIST THOSE FACING SUCH DESTRUCTION. I WOULD LIKE TO SUBMIT TWO ARTICLES FOR THE RECORD THAT DETAIL EXAMPLES OF THIS COMPASSION AND IT SHOWS TO US AGAIN THE SIGNS OF A GREAT NATION THAT BINDS TOGETHER A NEIGHBOR HELPING NEIGHBOR. I'D URGE THE ADMINISTRATION IN THE STRONGEST MANNER POSSIBLE TO DECLARE OUR REGION A FEDERAL DISASTER AREA SO NECESSARY AID CAN FLOW TO THOSE WHOSE LIVES HAVE BEEN SO DRAMATICALLY AFFECTED IN A REGION ALREADY SUFFERING ECONOMIC RECESSION. MADAM SPEAKER, I YIELD BACK MY REMAINING TIME.

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  • 05:03:25 PM

    THE SPEAKER PRO TEMPORE

    ARE THERE FURTHER REQUESTS FOR ONE MINUTES? FOR WHAT PURPOSE DOES THE…

    ARE THERE FURTHER REQUESTS FOR ONE MINUTES? FOR WHAT PURPOSE DOES THE GENTLEMAN FROM INDIANA RISE?

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  • 05:03:42 PM

    >>

    MADAM SPEAKER, I ASK UNANIMOUS CONSENT -- I WAS REALLY DISAPPOINTED…

    MADAM SPEAKER, I ASK UNANIMOUS CONSENT -- I WAS REALLY DISAPPOINTED BECAUSE INSTEAD OF REALLY ADDRESSING THE PROBLEM OF THE GULF SPILL, HE WAS ONCE AGAIN TALKING ABOUT A GOVERNMENT MOVED TO TAKE OVER PART OF OUR COUNTRY.

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  • 05:03:58 PM

    MR. BURTON

    SEEN THE GOVERNMENT MOVE TO TAKE OVER A LARGE PART OF THE -- OR CONTROL OF…

    SEEN THE GOVERNMENT MOVE TO TAKE OVER A LARGE PART OF THE -- OR CONTROL OF THE AUTO INDUSTRY, THE FINANCIAL INDUSTRY. WE'VE SEEN THE GOVERNMENT FORCE THROUGH THE ADMINISTRATION FORCED THROUGH THE HEALTH CARE BILL WHERE THE VAST MAJORITY OF AMERICANS DON'T WANT. LAST NIGHT, INSTEAD OF REALLY FOCUSING ON DEALING WITH THE PROBLEM IN THE GULF THAT'S GOING TO COST MAYBE 150,000 JOBS AND MAKE US MORE DEPENDENT ON FOREIGN OIL, WHAT THE PRESIDENT DID, HE STARTED TALKING ABOUT THE CAP AND TRADE BILL WHICH WILL RAISE TAXES ON ENERGY PRODUCTION AND EVERY FAMILY IN AMERICA WILL SUFFER TO THE STATE OF THE UNION OF $3,000 OR $4,000. THIS IS THE TIME, MR. PRESIDENT, IF I WERE TALKING TO HIM, TO DEAL WITH THE PROBLEM IN THE GULF INSTEAD OF TAKING MORE OF THE PRIVATE SECTOR AND RAISING OUR TAXES. I YIELD BACK THE BALANCE OF MY TIME.

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  • 05:04:49 PM

    THE SPEAKER PRO TEMPORE

    FOR WHAT PURPOSE DOES THE GENTLEMAN FROM NEW YORK RISE?

  • 05:04:58 PM

    MR. RANGEL

    MADAM SPEAKER. I DIDN'T INTEND TO TALK BUT I JUST WONDERED IF MY COLLEAGUE…

    MADAM SPEAKER. I DIDN'T INTEND TO TALK BUT I JUST WONDERED IF MY COLLEAGUE WAS LISTENING TO THE SAME PRESIDENT, A PRESIDENT WHO I THOUGHT WAS RESPONDING TO ALL AMERICANS WHEN HE SAID THAT THE GOVERNMENT HAS A RESPONSIBILITY TO MAKE CERTAIN THAT THE PRIVATE SECTOR UPHOLDS THEIR COMMITMENT TO PEOPLE, TO MAKE CERTAIN THAT THEY DO WHAT I WOULD HOPE THAT YOU WOULD WANT. WE HAVE TO GET AWAY FROM THIS WHOLE IDEA THAT GOVERNMENT'S BAD. ASK ANYBODY THAT HAS MEDICAID AND MEDICARE. AND THIS PRESIDENT WANTED AMERICANS TO KNOW THAT WE'LL NEVER FORGET THOSE PEOPLE IN LOUISIANA. THE WHOLE IDEA OF CLEANING THE ATMOSPHERE AND MAKING THIS PLANET A BETTER PLACE TO LIVE, MAYBE THAT'S YOUR WAY OF THINKING. BUT BELIEVE ME, IT'S NOT FOR DEMOCRATS. IT'S FOR DEMOCRATS, REPUBLICANS AND THE CIVILIZED WORLD TO UNDERSTAND THAT WE OUGHT TO PREPARE TO MAKE THIS A BETTER PLANET THAN THE ONE IN WHICH PEOPLE HAVE DESTROYED IT. I JUST HOPE WE CHECK AND SEE WHO YOU WERE LISTENING TO LAST NIGHT BECAUSE I REALLY THOUGHT IT WAS EXCITING, INVIGORATING AND GAVE US A LOT OF COMFORT THAT THE PRESIDENT REALLY CARED.

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  • 05:06:11 PM

    THE SPEAKER PRO TEMPORE

    THE CHAIR LAYS BEFORE THE HOUSE THE FOLLOWING PERSONAL REQUESTS.

  • 05:06:18 PM

    THE CLERK

    ABSENCE REQUESTED FOR MR. DAVIS OF ILLINOIS FOR TODAY.

  • 05:06:23 PM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION, THE REQUEST IS GRANTED. FOR WHAT PURPOSE DOES THE…

    WITHOUT OBJECTION, THE REQUEST IS GRANTED. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM TEXAS RISE?

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  • 05:06:36 PM

    MR. POE

    MADAM SPEAKER, I ASK UNANIMOUS CONSENT THAT TODAY FOLLOWING LEGISLATIVE…

    MADAM SPEAKER, I ASK UNANIMOUS CONSENT THAT TODAY FOLLOWING LEGISLATIVE BUSINESS AND ANY SPECIAL ORDERS HERETOFORE ENTERED INTO THE FOLLOWING MEMBERS MAY BE PERMITTED TO ADDRESS THE HOUSE, REVISE AND EXTEND THEIR REMARKS AND INCLUDE THEREIN EXTRANEOUS MATERIAL. MYSELF, MR. POE, FOR JUNE 23. MR. JONES FOR JUNE 23. MR. WOLF FOR TODAY AND JUNE 17. MR. SMITH FROM NEW JERSEY FOR TODAY. MS. ROS-LEHTINEN FOR TODAY. MR. MORAN FOR JUNE 21, 22 AND 23. AND MR. LUNGREN FROM CALIFORNIA FOR TODAY.

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  • 05:07:07 PM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION. FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM CALIFORNIA…

    WITHOUT OBJECTION. FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM CALIFORNIA RISE?

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  • 05:07:13 PM

    MS. WOOLSEY

    MADAM SPEAKER, I ASK UNANIMOUS CONSENT THAT TODAY FOLLOWING LEGISLATIVE…

    MADAM SPEAKER, I ASK UNANIMOUS CONSENT THAT TODAY FOLLOWING LEGISLATIVE BUSINESS AND ANY SPECIAL ORDERS HERETOFORE ENTERED INTO THE FOLLOWING MEMBERS MAY BE PERMITTED TO ADDRESS THE HOUSE FOR FIVE MINUTES, TO REVISE AND EXTEND THEIR REMARKS, AND INCLUDE THEREIN EXTRANEOUS MATERIAL. MS. WOOLSEY, CALIFORNIA. MS. KAPTUR, OHIO. MR. DEFAZIO, OREGON.

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  • 05:07:36 PM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION. UNDER THE SPEAKER'S ANNOUNCED POLICY OF JANUARY 6,…

    WITHOUT OBJECTION. UNDER THE SPEAKER'S ANNOUNCED POLICY OF JANUARY 6, 2009, AND UNDER A PREVIOUS ORDER OF THE HOUSE, THE FOLLOWING MEMBERS ARE RECOGNIZED FOR FIVE MINUTES EACH. MS. WOOLSEY OF CALIFORNIA. THE GENTLEWOMAN IS RECOGNIZED.

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  • 05:07:58 PM

    MS. WOOLSEY

    THE NATIONAL SECURITY STRATEGY RELEASED BY THE WHITE HOUSE LATE LAST MONTH…

    THE NATIONAL SECURITY STRATEGY RELEASED BY THE WHITE HOUSE LATE LAST MONTH HAS PLENTY TO RECOMMEND. THIS ADMINISTRATION ON PAPER AND IN ITS RHETORIC AND PROCLAMATIONS CLEARLY HAS A BROADER VIEW BEYOND THE USE OF MILITARY FORCE OF HOW TO KEEP AMERICANS SAFE. THE STRATEGY PUT THE PREMIUM ON DIPLOMACY AND MULTILATERAL COOPERATION ASKEY TOOLS TOWARDS ADVANCING -- AS KEY TOOLS TOWARDS ADVANCING OUR SECURITY INTERESTS. IT REDUCES DEPENDENCE ON FOREIGN OIL. IT RECOGNIZES THE THREAT WITHIN A NATIONAL SECURITY CONTEXT OF GLOBAL CLIMATE CHANGE. IT EXPRESSES THE COMMITMENT TO NUCLEAR NONPROLIFERATION AND PLEDGES SUPPORT FOR FLEDGLING DEMOCRACIES. IT INCLUDES UNDER NATIONAL SECURITY HUMAN RIGHTS, GLOBAL HEALTH AND DEVELOPMENT AID. MADAM SPEAKER, IT EVEN EMPHASIZES THE IMPORTANT NATIONAL SECURITY IMPLICATIONS OF INVESTING IN EDUCATION AND HUMAN CAPITAL RIGHT HERE AT HOME. FRANKLY, SOUNDS A LOT LIKE THE SMART SECURITY PLATFORM THAT I HAVE' BEEN ADVOCATING FOR THE LAST SEVERAL YEARS. I'M GLAD THAT THE FOLKS AT THE OTHER END OF PENNSYLVANIA AVENUE ARE GETTING THERE ALSO. AND YET, MADAM SPEAKER, I CAN'T RECONCILE ALL OF THOSE PROMISING IDEAS WITH THE ONGOING PROSECUTION OF TWO WARS WHICH ARE BANKRUPTING OUR COUNTRY MORALLY AND FISCALLY WITHOUT REDUCING TERRORISM THREATS OR CONTRIBUTING TO OUR NATIONAL SECURITY. THE SITUATION ON THE GROUND IN AFGHANISTAN REMAINS VERY TEN WITH US WHILE AMERICANS, -- TENUOUS WHILE AMERICANS, OTHER NATO FORCES CONTINUE TO SHED BLOOD, INSURGENTS AND MILITANTS CONTINUE TO THRIVE. AS WE PREPARE TO MOVE ON THE TALIBAN'S HOME BASE OF KANDAHAR, ALL EVIDENCE INDICATES THAT WE WEREN'T SUCCESSFUL AT THE MORE MODEST TASK OF DRIVING THEM OUT OF MARJAH THIS VERY WINTER. BESIDES, ACCORDING TO GENERAL MCCHRYSTAL, THE KANDAHAR OFFENSIVE ISN'T EVEN READY TO START ON TIME. AT THE SAME MOMENT, WE HAVE AN UNRELIABLE PARTNER IN PRESIDENT KARZAI. A PARTNER WHO HAS NOW DISMISSED TWO OF HIS TOP AIDES WHO HAVE THE BEST WORKING RELATIONSHIP WITH THE UNITED STATES. AND GENERAL PETRAEUS IS ON CAPITOL HILL THIS WEEK TO TELL THE ARMED SERVICES COMMITTEE THAT THE LAST 15 TO 18 MONTHS HAVE BEEN ABOUT INSTALLING THE INPUT IN AFGHANISTAN AND THAT NOW FINALLY WE ARE READY TO REAP SOME OUTPUT. WELL, WITH ALL DUE RESPECT, MADAM SPEAKER, AND RESPECT TO THE GENERAL, WE'RE ALL PLEASED THAT HE'S FINE AFTER BRIEFLY PASSING OUT IN THE SENATE HEARING ROOM EARLIER THIS WEEK, BUT IN ALL DUE RESPECT, I THINK THE AMERICAN PEOPLE FEEL AS THOUGH THEY'VE BEEN PROVIDING INPUTS FOR MORE THAN 8 1/2 YEARS NOW. IT'S PARTICULARLY DIFFICULT TO ACCEPT THIS EXPLANATION WHEN WE'VE SEEN $275 BILLION FLY OUT OF THE FEDERAL TREASURY TO PAY FOR INPUTS IN AFGHANISTAN. IT'S LONG PAST TIME WHEN WE CAN EXEXPECT TO SEE RESULTS OR JUST -- EXPECT TO SEE RESULTS OR OUTPUTS. WE NEED TO REVERSE THE STRATEGY 180 DEGREES. THE OUTPUTS WILL COME WHEN AND ONLY WHEN OUR AFGHANISTAN POLICY ACTUALLY AS HERE'S TO THE CORE PRINCIPLES OFFERED IN THE ADMINISTRATION'S NATIONAL SECURITY STRATEGY. SO MY URGENT PLEA TO THE WHITE HOUSE IS TO EMBRACE ITS OWN ADVICE. IF THEY ARE SERIOUS ABOUT A NEW APPROACH DEFENDING AND PROTECTING AMERICA, LET'S NOT WAIT UNTIL JULY, 2011. BRING OUR TROOPS HOME NOW. I YIELD BACK.

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  • 05:12:21 PM

    THE SPEAKER PRO TEMPORE

    FOR WHAT PURPOSE DOES THE GENTLEMAN FROM NEW YORK RISE?

  • 05:12:26 PM

    MR. ARCURI

    THE DESK A PRIVILEGED REPORT FROM THE COMMITTEE ON RULES FOR FILING UNDER…

    THE DESK A PRIVILEGED REPORT FROM THE COMMITTEE ON RULES FOR FILING UNDER THE RULE.

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  • 05:12:31 PM

    THE SPEAKER PRO TEMPORE

    THE CLERK WILL REPORT THE TITLE.

  • 05:12:33 PM

    THE CLERK

    HOUSE RESOLUTION 1448, RESOLUTION PROVIDING FOR CONSIDERATION OF THE BILL…

    HOUSE RESOLUTION 1448, RESOLUTION PROVIDING FOR CONSIDERATION OF THE BILL H.R. 5297, TO TO CREATE THE SMALL BUSINESS LENDING FUND PROGRAM TO DIRECT THE SECRETARY OF THE TREASURY TO MAKE CAPITAL INVESTMENTS IN ELIGIBLE INSTITUTIONS IN ORDER TO INCREASE THE AVAILABILITY OF CREDIT FOR SMALL BUSINESSES, AND FOR OTHER PURPOSES.

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  • 05:12:54 PM

    THE SPEAKER PRO TEMPORE

    REFERRED TO THE HOUSE CALENDAR AND ORDERED PRINTED. MR. MORAN OF KANSAS.

  • 05:13:06 PM

    MR. POE

    WITHOUT OBJECTION.

  • 05:13:08 PM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION.

  • 05:13:10 PM

    MR. POE

    THANK YOU, MADAM SPEAKER. WHEN THE DEEPWATER HORIZON OIL RIG EXPLODED IN…

    THANK YOU, MADAM SPEAKER. WHEN THE DEEPWATER HORIZON OIL RIG EXPLODED IN THE GULF OF MEXICO, THERE WAS NO PLAN TO HANDLE THAT DISASTER. THE FEDERAL GOVERNMENT WAS MISSING IN ACTION. NOW, THE FEDS HAVE A MORATORIUM ON DEEP WATER OFFSHORE DRILLING. THE ADMINISTRATION PLAN, BASED UPON PRESIDENT OBAMA'S SPEECH LAST NIGHT, CAN BE SUMMED UP QUITE WELL IN "THE LOS ANGELES TIMES," AND I QUOTE, "OBAMA'S SPEECH: THERE'S A PIPE SPEWING GOBS OF OIL IN THE GULF SO LET'S BUILD MORE WINDMILLS." YES, MADAM SPEAKER, THAT SEEMS TO BE THE PLAN OF THE ADMINISTRATION, CLOSE DOWN DEEP WATER DRILLING AND MAYBE BUILD WINDMILLS. WHY WOULD WE SHUT DOWN THIS INDUSTRY IN THE GULF OF MEXICO AND WHAT IS THE PURPOSE OF THIS PLAN? THE MORATORIUM IS PREVENTING DRILLING IN THE GULF OF MEXICO FOR THE NEXT SIX MONTHS OR EVEN LONGER. WHEN WE HAVE A PLANE CRASH, MADAM SPEAKER, WHEN PEOPLE DIE, AND THAT'S A HORRIBLE THING, WE DON'T CLOSE DOWN THE ENTIRE AIRLINE INDUSTRY FOR SIX MONTHS. THAT WOULDN'T MAKE SENSE. BUT SHUTTING DOWN THE OFFSHORE DRILLING FOR SIX MONTHS OR MORE IS GOING TO BE THE SECOND DISASTER IN THE GULF OF MEXICO. AND IT'S EXPANDING THE ECONOMIC DESTRUCTION CAUSED BY THIS EXPLOSION AND THIS OIL SPILL. IT WILL PUT 50,000 PEOPLE OR MORE OUT OF WORK IN THE ENTIRE GULF REGION. IT AFFECTS MY STATE OF TEXAS AND LOUISIANA AND MISSISSIPPI THE MOST. IT'S INTERESTING. ALTHOUGH THE OIL SPILL AFFECTS LOUISIANA AND MISSISSIPPI, ALABAMA, THESE ARE THE STATES, ALONG WITH TEXAS, WHO WANT TO CONTINUE DEEP WATER DRILLING BECAUSE THEY KNOW IT'S NECESSARY FOR JOBS, THE ECONOMY AND MAKING SURE THAT AMERICA IS INDEPENDENT OF FOREIGN OIL. WHAT IS THE REASON FOR PUTTING THESE WORKERS OUT OF BUSINESS? WHY HAS THE FEDERAL GOVERNMENT SEEN FIT TO ELIMINATE THESE JOBS? ACTIONS HAVE CONSEQUENCES, AND IN THIS CASE INACTION ALSO HAS ITS CONSEQUENCES. 17% OF THE NATION'S DOMESTIC CRUDE OIL COMES FROM DEEP WATER DRILLING IN THE GULF OF MEXICO. NOW WHERE IS THE COUNTRY TO OBTAIN ENERGY FOR THE LOSS OF THIS OIL? THERE IS NO PLAN. NO ANSWER FROM THE ADMINISTRATION ABOUT THIS QUESTION. A SIX-MONTH MORATORIUM WILL IN EFFECT SEND THESE EXPENSIVE RIGS TO BRAZIL AND INDONESIA. IT WILL CAUSE ABOUT $500,000 A DAY TO OPERATE ONE OF THESE DEEP WATER OFFSHORE DRILLING RIGS. THESE RIGS ARE NOT GOING TO SIT THERE AND WAIT FOR THE FEDERAL GOVERNMENT TO MAKE A DECISION. AND JUST LIKE WHAT HAPPENED IN THE 1970'S AND 1980'S WITH THE AMERICAN MANUFACTURING INDUSTRY WHEN IT LEFT AMERICA, IT HAS NEVER RETURNED. AND THESE OIL RIGS IN THE DEET WATER, WHEN -- DEEP WATER WHEN THEY LEAVE AMERICAN WATERS THEY WILL NOT RETURN EVER. THEY WILL FIND SOME OTHER SAFE HAVEN TO DRILL FOR CRUDE OIL. THE LOSS OF OUR DOMESTIC SOURCE OF OIL IN THE GULF OF MEXICO WILL MAKE US FURTHER DEPENDENT ON FOREIGN OIL. IT MEANS THE UNITED STATES WILL NOW HAVE TO IMPORT MORE OIL FROM COUNTRIES THAT DON'T LIKE US, LIKE THE MIDDLE EAST, LIKE THOSE GOOD FRIENDS IN VENEZUELA. IT WILL INCREASE THE COST TO ALL AMERICANS AND THAT WILL INCREASE TANKER TRAFFIC BRINGING OIL THROUGH THE GULF OF MEXICO. THERE IS A GREATER RISK FROM LEAKAGE OF OIL TANKERS THAN THERE IS FROM ANY LEAKAGE OF AN OFFSHORE RIG BUT WE WILL HAVE TO BRING IN AT LEAST 300 MORE TANKERS TO MAKE UP THE 17% DIFFERENCE AND THOSE TANKERS OF COURSE WILL BRING FOREIGN OIL NOT AMERICAN OIL TO THE UNITED STATES. WE NEED TO TAP OUR OWN DOMESTIC SOURCES OF OIL. IT TOOK 37 DAYS FOR THERE TO BE AN ATTEMPT TO HAVE THE TOP KILL PROCEDURE. WHY DID IT TAKE SO LONG TO MAKE THIS DECISION? WE'RE STILL LOOKING FOR THE ANSWER TO THAT QUESTION. THE MAJORITY OF THE POLLUTION, MADAM SPEAKER, IS NOT THE RESULT OF THE EXPLOSION ITSELF, BUT THE DELAY IN HANDLING THE EXPLOSION AND THE CONTAINMENT THEREOF. IN OTHER WORDS, THERE WAS NO PLAN TO CONTAIN THE OIL FOR AT LEAST 37 DAYS AND THAT -- THEN IT WAS TOO LATE TO TRY TO CONTAIN THE OIL NEAR THE RIG. NOW THE GOVERNMENT IS OVERREACTING BY SAYING, OUR SOLUTION TO THE EXPLOSION TO THE CONTAINMENT -- EXPLOSION, TO THE CONTAINMENT, TO THE POLLUTION IS, STOP DEEP WATER DRILLING, KILL AMERICAN JOBS, KILL THE AMERICAN ENERGY INDUSTRY. AND THAT WILL HAVE A DISASTROUS EFFECT ON OUR COUNTRY. WE DO NEED A PLAN FOR FUTURE DISASTERS, TO INCLUDE WHO'S IN CHARGE OF THIS LEAK, WHO'S IN CHARGE OF THE CONTAINMENT, WHO'S IN CHARGE OF THE CLEANUP. AND THE ONLY PLAN WE HAVE TODAY IS TO SHUT DOWN DEEP WATER DRILLING. AND NOW THE ADMINISTRATION IS USING THIS AS A POLITICAL EMPLOY TO IMPLEMENT MORE TAXES -- PLOY TO IMPLEMENT MORE TAXES ON THE AMERICAN INDUSTRY, THAT IS PASSED ON TO THE AMERICAN CITIZEN. SO, A NEW CRIPPLING NATURAL ENERGY TAX WILL RESULT IN REGULATIONS ON CARBON DIOXIDE EMISSIONS, THE VERY SUBSTANCE WE AS HUSMES EXHALE -- HUMANS EXHALE. IT'S UNFORTUNATE THAT THE MORATORIUM ON DRILLING HAS ALREADY CAUSED DEVASTATING ECONOMY LOSSES IN THE GULF OF MEXICO, ESPECIALLY MY STATE. SO WE WOULD ASK THAT THE GOVERNMENT, THE FEDERAL GOVERNMENT RESCIND ITS BAN AND ALLOW DEEP WATER DRILLING IN A SAFE MANNER. AND I YIELD BACK THE BALANCE OF MY TIME. AND THAT'S JUST THE WAY IT IS. FINANCIAL TIMES. LY THEN DOES NOT SEEM TO BE QUITE ON THE UP AND UP. IN FACT, IT WAS JUST RECENTLY FORCED TO SETTLE A CLASS ACTION LAWSUIT IN LOS ANGELES FOR OVER HALF A MILLION DOLLARS. AND THE FINANCIAL TIMES REPORTS THAT THE BETTER BUSINESS BUREAU HAA LISTED ALMOST 800 COMPLAINTS ON LITTEN. WORSE, LITTEN HAS PUT UP ONLY 29% OF THEIR LOANS INTO PERMANENT MODIFICATIONS, LEAVING THE REST OF THE CONSUMERS WHO TRIED TO GET ONE TRYING TO GET MONEY TO MAKE UP THE DIFFERENCE THEY OWE AND THEN THEY WILL OWE THE ACCRUED LATE FEES. GOLDMAN SACHS SAYS LITTLE ABOUT THIS, OF COURSE. THIS IS BUSINESS AS USUAL FOR THEM. BUT BAD BUSINESS AS USUAL, IT APPEARS. HOWEVER, THE CUSTOMERS OFLY THEN ARE NOT THE ONLY ONES RECEIVING POOR SERVICES FROM GOLDMAN SACHS. THE FINANCIAL CRISIS INQUIRY COMMISSION CREATED BY CONGRESS IS GETTING SIMILAR TREATMENT. DESPITE SAYING THAT THEY WILL COOPERATE FULLY, GOLDMAN SACHS IS NOT COOPERATING FULLY WITH THE FINANCIAL CRISIS INQUIRY COMMISSION. IN FACTOR, A SUBPOENA HAD TO BE ISSUED LAST WEEK TO GET DOCUMENTS FROM GOLDMAN SACHS. "THE NEW YORK TIMES" QUOTES THE THE CHAIRMAN OF THE COMMISSION AS SAYING THE FOLLOWING, GOLDMAN SACHS IS NOT IN OUR VIEW BEEN COOPERATIVE WITH OUR REQUESTS FOR INFORMATION OR FORTH COMING WITH RESPECT TO DOCUMENTS, INFORMATION OR INTERVIEWS. SHOULD THAT SURPRISE ANY OF US? IT CERTAINLY SHOWS THAT GOLDMAN SACHS DOES NOT RESPECT THE LAW, NOR THE CONGRESS, NOR THE EXECUTIVE BRANCH, NOR THE AMERICAN CITIZENS WHOSE HARD EARNED DOLLARS HAVE PORED INTO GOLDMAN, LEADING TO RECORD PROFITS AND HUGE BONUSES AND NO RESULTS FOR ORDINARY PEOPLE. WORSE IT MAKES ONE WONDER WHAT GOLDMAN SACHS HAS TO HIDE. OTHERWISE WHY SEND IRRELEVANT INFORMATION TO THE COMMISSION AND WITH HOLD OTHER INFORMATION? YET GOLDMAN CONTINUES TO DRAG ITS FEET IN RESPONDING AND THE COMMISSION HAD TO SUBPOENA. GOLDMAN SACHS COULD AND SHOULD DO BETTER. THEY COULD LEAD WALL STREET IN CORPORATE CITIZENSHIP. WE NOW KNOW THAT GOLDMAN SACHS COULD EASILY REDUCE THE PRINCIPLE ON EVERY LOAN, WRITE UP ALL THE LATE FEES AND GIVE 320,000 CITIZENS SOME RELIEF FROM THE HOUSING CRISIS THAT GOLDMAN, ALONG WITH THE REST OF WALL STREET'S BIGGEST INVESTMENT BANKS, OR I SHOULD SAY SPECULATORS, HAD IN CREATING. HOW MUCH DO YOU WANT TO BET THAT THEY WON'T? ANYONE WANT TO HEDGE A BET WITH A CREDIT DEFAULT SWAP OR A SYNTHETIC COLLATERALIZED DEBT OBLIGATION? I BET GOLDMAN WOULD BE WILLING TO SELL YOU ONE. BUT YOU KNOW? WHAT THEY'RE REALLY DOING IS THEY'RE TRYING TO SEND THEIR LOBBYISTS TO TRY TO MEET WITH MEMBERS OF THE COMMISSION THAT HE HEADS. "THE NEW YORK TIMES" REPORTS THAT LOBBYISTS REPRESENTING GOLDMAN IN WASHINGTON TRY TO ARRANGE ONE-ON-ONE MEETINGS WITH A HANDLE OF THOSE COMMISSIONERS INCLUDING HIM BUT HE DECLINED TO MEET WITH THEM. CONGRATULATIONS, GUESS WHAT? THEY DO THE SAME THING TO THE MEMBERS OF CONGRESS, THEY WAIT FOR US IN THE HALLWAYS, THEY GET ON THE ELEVATORS WITH US IF WE REFUSE TO MEET WITH THEM. THEY PAY THEIR LOBBYISTS HERE LOTS OF MONEY. SO YOU KEEP DOING WHAT YOU'RE DOING, YOU KEEP DIGGING. I'M GLAD YOU DECLINED TO MEET WITH THEM. AND, YOU KNOW, ACCORDING TO THE SAME PEOPLE WHO SPOKE WITH THE "THE NEW YORK TIMES," MANY OF THEM SAID THEY SPOKE ON THE CONDITION OF ANONYMITY BECAUSE THEY WERE NOT AUTHORIZED TO DISCUSS THE COMMISSION'S INNER WORKINGS. SO I'M GLAD TO SEE THAT THERE ARE SOME AMERICANS OUT THERE WHO ARE TRYING TO GET TO THE TRUTH, TRYING TO GET TO THE HEART OF THE MATTER, TRYING TO GET JUSTICE FOR THE AMERICAN PEOPLE IN THE HOUSING MARKET WHERE THE DECK IS SO STRONGLY STACKED AGAINST ORDINARY CITIZENS WWO SHOULD HOLD ONE PIECE OF PAPER THEY CALL THEIR MORTGAGE AND YET THE NOTE FOR THAT IS LOCKED UP SOMEWHERE UPSTREAM, HELD ON WALL STREET OR ONE OF ITS SUBSIDIARIES AND MOST AMERICANS WHO ARE GETTING THROWN OUT OF THEIR HOUSES ACROSS THIS COUNTRY AND BEING FORCIBLY REMOVED DON'T EVEN HAVE ENOUGH LEGAL ADVICE TO KNOW THAT THEY SHOULD BE ASKING THE JUDGE TO PRODUCE THE ORIGINAL NOTE IN THOSE PROCEEDINGS, NOT A XEROXED COPY. AMERICAN PEOPLE, GET YOURSELVES LEGAL ASSISTANCE BACK HOME FROM YOUR FAIR HOUSING AGENCIES, YOUR COUNSELING AGENCIES. YOU HAVE A RIGHT TO YOUR OWN MORTGAGE AND NO ONE SHOULD TAKE IT AWAY FROM YOU IF YOU HAVE A LEG TO STAND ON AND THE JUDGE SHOULD BE ON YOUR SIDE IF YOU ASK FOR THAT ORIGINAL NOTE. THANK YOU, MADAM SPEAKER, I YIELD BACK THE BALANCE OF MY TIME.

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  • 05:24:19 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN FROM NORTH CAROLINA, MR. JONES. FOR WHAT PURPOSE DOES THE…

    THE GENTLEMAN FROM NORTH CAROLINA, MR. JONES. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM INDIANA RISE?

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  • 05:24:25 PM

    MR. BURTON

    I ASK FOR HIS TIME. I DON'T THINK HE'S HERE TONIGHT.

  • 05:24:29 PM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION.

  • 05:24:35 PM

    MR. BURTON

    MY GOOD FRIEND, CONGRESSMAN POE OF TEXAS, JUST A FEW MINUTES AGO TALKED…

    MY GOOD FRIEND, CONGRESSMAN POE OF TEXAS, JUST A FEW MINUTES AGO TALKED ABOUT THE OIL SPILL DOWN IN THE GULF AND HE REFERRED TO THE ACTION OR INACTION OF THE ADMINISTRATION IN DEALING WITH IT. HE QUOTED SOMETHING FROM THE "L.A. TIMES" THAT I THOUGHT WAS KIND OF INTERESTING AND A LITTLE HUMOROUS, THAT MY COLLEAGUES LIKED THAT MIGHT LIKE TO HEAR GENL. HE QUOTES THE "L.A. TIMES" AS SAYING, OBAMA'S SPEECH, THERE'S A PIPE SPEWING A GA ZILLION GOBS OF OIL INTO THE GULF, SO LET'S BUILD MORE WIND MILLS. NOW, I KNOW THAT SOUND AS LITTLE HUMOROUS, MADAM SPEAKER, BUT THAT SOUNDED LIKE WHAT THE PRESIDENT'S SPEECH WAS ALL ABOUT LAST NIGHT. THERE WAS NO REAL SOLUTIONS IN DEALING WITH THE PROBLEM. EVERYBODY'S CONCERNED ABOUT IT, EVERYBODY FEELS EMPATHY AND SYMPATHY FOR THE PEOPLE IN THE GULF, THE THOUSANDS OF PEOPLE WHO HAVE LOST THEIR JOBS AND WHO ARE OUT OF WORK, THE ENVIRONMENTAL PROBLEM THAT'S BEEN CREATED, BUT WHAT PEOPLE WANT IS THEY WANT A SOLUTION TO THE PROBLEM. IT HAS NOW BEEN 57 DAYS, 57 DAYS SINCE THIS TRAGEDY OCCURRED. AND WHAT DID THE PRESIDENT DO? HE HAS SUSPENDED OIL DRILLING IN THE GULF FOR SIX MONTHS. NOW, THAT'S GOING TO RESULT IN AS MANY AS 150,000 PEOPLE LOSING THEIR JOBS AND FOR THE OIL PEOPLE THAT WORK ON THOSE OUT IN THE GULF, THAT'S 150,000 JOBS pHAT IT NOT ONLY AFFECTS THEM, IT AFFECTS ALMOST SIX TIMES THAT NUMBER OF PEOPLE WHO HAVE ANCILLARY JOBS, THAT WORK IN THE RESTAURANTS, THAT WORK ON THE BEACHES DOWN THERE, ALL THE THINGS THAT ARE GOING ON DOWN IN THE GULF. SO YOU'RE LOOKING AT THE POTENTIAL OF HALF A MILLION TO A MILLION JOBS BEING AFFECTED ADVERSELY BECAUSE WE HAVEN'T DEALT WITH THE PROBLEM. THERE HAVE BEEN OTHER COUNTRIES RIGHT AFTER THE SPILL TOOK PLACE THAT OFFERED TO SEND SKIMMERS, SHIPS OVER HERE TO HELP SKIM UP THE OIL ON THE SURFACE OF THE OCEAN. WE HAVE HAD OTHER COUNTRIES THAT OFFERED OTHER HELP AND IT'S ALL BEEN TURNED DOWN. THE JONES ACT SHOULD HAVE BEEN SUSPENDED, BUT IT WAS NOT SUSPENDED AND AS A RESULT THE OIL CRISIS, THE SPILL GOES ON AND ON AND ON. AND IT'S EXTREMELY IMPORTANT THAT WE ADDRESS THE PROBLEM AS QUICKLY AS POSSIBLE. I'M NOT AN ENGINEER. I DON'T KNOW WHAT THE ANSWER IS. BUT TODAY WE HAD A MEETING WITH PEOPLE WHO HAD TALKED TO THE B.P. OIL COMPANY AND HAD TALKED TO ALL OTHER OIL ENGINEERS AND THERE ARE THINGS THAT ARE GOING ON RIGHT NOW THAT THEY BELIEVE WILL ADDRESS THE PROBLEM, HOPEFULLY IN THE NEXT TWO OR THREE OR FOUR WEEKS OR AT LEAST ANOTHER MONTH OR MONTH AND A HALF. BUT AT LEAST THEY'RE MOVING ON THE PROBLEM NOW, WITH AUXILIARY WELLS BEING DRILLED DOWN INTO THE BOTTOM OF THE GULF, TO CHOKE OFF THE SPILL. ALL I'D LIKE TO SAY TONIGHT IN ADDITION TO WHAT'S ALREADY BEEN SAID IS THAT WE HAVE A TRAGEDY DOWN HERE THAT SHOULD NOT BE COMPOUNDED BY WHAT THE PROBLEM IS ADVOCATED AND THAT WAS, HE ADVOCATED LAST NIGHT THAT WE COME UP WITH AN ENERGY BILL, I.E. THE CAP AND TRADE BILL. AND THE CAP AND TRADE TAX BILL WILL TAX ALL ENERGY PRODUCERS THAT EMIT CO-2 EMISSIONS INTO THE ATMOSPHERE. AND IT TRANSLATED, THAT MEANS THAT COMPANIES AROUND THE THIS COUNTRY WILL HAVE TO PAY HUNDREDS OF THOUSANDS AND MAYBE MILLIONS OF DOLLARS MORE FOR THEIR UTILITY BILLS WHICH WILL BE PASSED ON TO THE CONSUMER IN THE FORM OF HIGHER PRICES AND THE AVERAGE FAMILY'S GOING TO BE AFFECTED TO THE TUNE OF ABOUT $3,000 TO $4,000 A YEAR IF CAP AND TAX IS PASSED. THIS IS A TIME TO DEAL WITH THE CRISIS IN THE GULF, NOT A TIME TO BE TALKING ABOUT THE CAP AND TAX BILL WHICH IS GOING TO COST JOBS AT A TIME WHEN WE NEED TO CREATE JOBS. THE UNEMPLOYMENT RATE IN THIS COUNTRY IS AT 10% OR VERY CLOSE TO IT AND IF YOU INCLUDE THE PEOPLE WHO ARE UNEMPLOYED AND LOOKING FOR WORK, WHO ARE NO LONGER COUNTED, WE'RE LOOKINGING AT 13%, 14%, 15% THAT ARE UNEMPLOYED. SO WE NEED TO ADDRESS THE ECONOMIC PROBLEMS AND WE NEED TO BE DEALING WITH THAT IN A POSITIVE WAY AND NOT GOING ON WITH MORE TAXES AND MORE SPENDING AS THE ADMINISTRATION HAS TALKED ABOUT. WHAT I'D LOVE TO SEE IF I HAD MY BROTHERS RIGHT NOW, MADAM SPEAKER, IS SOMEBODY LIKE RONALD REAGAN WHO COULD COME IN AND CUT TAXES AND CUT SPENDING AND STIMULATE ECONOMIC GROWTH LIKE HE DID AND AS A RESULT WE HAD 20 YEARS OF ECONOMIC GROWTH. RIGHT NOW WHAT WE'RE LOOKING AT IS MORE UNEMPLOYMENT, MORE JOBS AND NOW THEY'RE TALKING ABOUT, BECAUSE OF THE WAY THE GULF IS BEING HANDLED, THE POSSIBILITY OF MORE DOUBLE-DIGIT UNEMPLOYMENT. THIS IS SOMETHING THAT WE CAN'T TOLERATE RIGHT NOW. WE NEED TO BE POSITIVE, WE NEED TO MOVE AHEAD AND THE PRESIDENT IS NOT MOVING IN THAT DIRECTION. AND A PERFECT COMMENTARY IS WHAT WAS IN THE "LOS ANGELES TIMES," NOT A CONSERVATIVE NEWSPAPER. YOU HEARD LIBERAL COMMENTATORS ALL ACROSS THE COUNTRY LAST NIGHT SAYING THE PRESIDENT IS NOT ADDRESSING THE PROBLEM. AND HE'S WAY LATE IN THE FIRST PLACE AND IN THE SECOND PLACE AND IN THE THIRD PLACE. AND SO I JUST LIKE TO END BY SAYING ONCE AGAIN, I THINK THE "LOS ANGELES TIMES" WAS RIGHT ON THE MONEY WHEN THEY SAID OBAMA SPEECH, THERE'S A PIPE SPILLS A BILLION GOBS OF OIL IN THE GULF AND HE'S TALKING ABOUT MORE TAXING, MORE SPENDING AND MORE WIND MILLS.

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  • 05:29:54 PM

    THE SPEAKER PRO TEMPORE

    MR. DEFAZIO OF OREGON. WITHOUT OBJECTION, THE GENTLEMAN FROM FLORIDA.

  • 05:30:04 PM

    MR. KLEIN

    MUCH, MADAM SPEAKER. MADAM SPEAKER, I RISE TODAY TO CONTINUE MY REGULAR…

    MUCH, MADAM SPEAKER. MADAM SPEAKER, I RISE TODAY TO CONTINUE MY REGULAR REALTIME UPDATES TO MY SOUTH FLORIDA CONSTITUENTS ON THE B.P. OIL SPILL IN THE GULF OF MEXICO. I BELIEVE IT'S MY RESPONSIBILITY TO KEEP THE HOMEOWNERS, BUSINESSES ALONG THE 75 MILES OF MY COASTLINE IN MY DISTRICT FULLY INFORMED SO THEY CAN BE PREPARED FOR ALL POSSIBILITIES. FIRST THING'S FIRST, OBVIOUSLY THE SPILL ITSELF HAS TO BE CAPPED. I CERTAINLY CALL ON B.P. TO DEPLOY EVERY POSSIBLE RESOURCE, EVERY EXPERT, EVERY TECHNOLOGY, EVERY AVAILABLE OPPORTUNITY TO PLUG THIS HOLE. THIS IS NOT ABOUT A QUESTION OF WHETHER THE FEDERAL GOVERNMENT'S GOING TO STEP IN AND COME WITH A MAGIC SILVER BULLET. EVERYONE NIECE TO BE INVOLVED. AND IT MEANS SCIENTISTS AND GEOLOGISTS AND PEOPLE FROM AROUND THE WORLD TO FIGURE THIS OUT. THE PERMIT PROBABLY SHOULDN'T HAVE BEEN ISSUED IN THE FIRST PLACE BUT WE NEED TO GET IT DONE. I HAD THE OPPORTUNITY A KEEK OR SO AGO TO JOIN SOME NOAA RESEARCHERS ON A NINE-HOUR MISSION IN THE P-3 PLAIN OVER THE GULF TO REALLY UNDERSTAND WHAT WAS GOING ON, WHAT THE CURRENTS WERE GOING. OBVIOUSLY FROM THE SOUTHEAST FLORIDA SIDE WE'RE CONCERNED ABOUT THE CURRENT WHICH MAY BRING IT THROUGH THE FLORIDA STRAITS AND UP THROUGH THE GULF STREAM. WE SAW IT THROUGH THE RESEARCH THAT'S DONE, THERE IS THIS POSSIBILITY, OF COURSE, AND THE SOONER WE CAN CAP THE OIL THE BETTER. WE ALL KNOW THAT IF THIS OIL DOES COME TO THE EAST SIDE, EAST SIDE OF FLORIDA AS IT HAS THE PANHANDLE IT WILL IMPACT FLORIDA HOMEOWNERS, BUSINESSES AND NOT TO MENTION THE ENVIRONMENT FOR YEARS TO COME. WE NEED TO TAKE WHATEVER ACTION TO FINISH THAT JOB. THE ONLY THING I WILL SAY TO MY CONSTITUENTS, AND OBVIOUSLY THIS IS A NATIONAL ISSUE, NO ONE SHOULD SUFFER BECAUSE OF B.P.'S RECKLESSNESS AND TAXPAYERS CANNOT AND WILL NOT BE STUCK WITH FOOTING EVEN A DIME FOR THE BILL FOR THIS DEBACLE. B.P. HAS TO BE FULLY RESPONSIBLE FOR THE FULL COSTS OF PLUGGING THE LEAK, CLEANING UP THE SPILL AND MAKING EVERY PERSON, EVERY BUSINESS WHO IS HARMED WHOLE AGAIN. I APPRECIATE THE FACT THAT TODAY THERE WAS DISCUSSION ABOUT $20 BILLION BEING PUT IN ESCROW THAT CAN BE DRAWN DOWN UPON FOR BUSINESSES AND LOCAL GROUPS THAT HAVE TO CLEAN UP THIS MESS TO PAY FOR IT. BUT THIS MAY PLAY OUT FOR A GENERATION. LET ME REPEAT MYSELF. B.P. IS RESPONSIBLE FOR THE FULL COST DOWN TO THE LAST DIME. IN FLORIDA WE HAVE ALWAYS BEEN CONCERNED ABOUT OFFSHORE DRILLING BECAUSE WE HAVE A MULTIBILLION DOLLAR TOURISM INDUSTRY THAT DEMANDS OUR PRISTINE BEACHES, WATERS AND CORAL REEFS. RESTAURANT OWNERS IN PLACES LIKE DEERFIELD BEACH, EVERY ENTREPRENEUR WITH A SMALL SOUVENIR SHOP OR A FISHING CHARTER IS CONCERNED. AND THEY'RE HOLDING THEIR BREATH AS TO WHETHER THIS OIL SPILL WILL AFFECT THEM, AFFECT THEIR BUSINESSES, THEIR JOBS AND THEIR LIVELIHOOD. I HAVE SEEN THE FEAR ON THEIR FACES AND MEETING WITH THEM HAS ONLY STRENGTHEN MY RESOLVE TO MAKE SURE WE DON'T LEAVE OUR CHILDREN WITH THIS TERRIBLE FATE. WE CANNOT LET ANOTHER GENERATION PASS WITHOUT MAKING A SERIOUS MOVE TO NOT ONLY CLEAN UP THIS MESS BUT TO MAKE SURE THAT WE HAVE A PLAN IN PLACE FOR OTHER TYPES OF ENERGY. YOU KNOW, THE ISSUE WITH DEEP WATER DRILLING IS NOT JUST A QUESTION. OF COURSE WE NEED MORE ENERGY AND WE NEED MORE OIL, BUT DO IT IN PLACES WHERE THERE'S NO PLAN IN PLACE TO CLEAN IT UP, FOR B.P. OR ANYBODY ELSE IS UNACCEPTABLE. SO I THINK THIS IS ALSO AN OPPORTUNITY, NOT ONLY TO CLEAN THIS UP AND DEAL WITH THIS ISSUE, BUT ALSO TO RECOGNIZE THIS IS A MOMENT IN TIME THAT SHOULD BE A PUT ON THE MOON A MAN OR THE MANHATTAN PROJECT. YES, WE CAN HAVE OIL. THERE'S A MOUNTAIN OF NATURAL GAS. BUT WHY NOT MORE SOLAR? I LIVE IN A PLACE CALLED THE SUNSHINE STATE. WHY ARE WE NOT HAVING THE JOBS AND TESTING TECHNOLOGY FOR THE REST OF THE WORLD AND WHETHER IT'S HYDROGEN? WE SHOULD USE THIS MOMENT TO ALSO RECOGNIZE WE SHOULDN'T BE DEPENDENT ON FOSSIL FUELS. SO AS WE LOOK AT THIS HISTORIC DISASTER, WE SHOULD ALSO LOOK AT THIS AS AN OPPORTUNITY FOR THE FUTURE. AND I BELIEVE THAT NOW IS THE TIME TO BRING THE BEST AND BRIGHTEST TO CLEAN UP THIS MESS, IT'S ALSO AN OPPORTUNITY TO BRING OUR BEST AND BRIGHTEST MINDS TOGETHER TO END OUR DEPENDENCE ON FOREIGN OIL OVER THE NEXT 10 YEARS AND BECOME A WORLD LEADER IN THE KIND OF CLEAN, AFFORDABLE ALTERNATIVE ENERGY THAT WILL CREATE GOOD JOBS RIGHT HERE IN THE UNITED STATES. MADAM SPEAKER, I THANK YOU FOR THE TIME.

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  • 05:34:53 PM

    THE SPEAKER PRO TEMPORE

    MR. WOLF OF VIRGINIA.

  • 05:34:59 PM

    MR. WOLF

    I ASK UNANIMOUS CONSENT TO REVISE AND EXTEND.

  • 05:35:02 PM

    MR. WOLF

    MADAM SPEAKER, I RISE TO DISCUSS A CRITICAL ISSUE TO AMERICAN FAMILIES,…

    MADAM SPEAKER, I RISE TO DISCUSS A CRITICAL ISSUE TO AMERICAN FAMILIES, JOB CREATION. WITH UNEMPLOYMENT STILL HOVERING AROUND 10%, THIS COUNTRY MUST FOCUS ON NEW AND INNOVATIVE WAYS TO CREATE JOBS IN AMERICA. I BELIEVE WE MUST AGGRESSIVELY AND BE CREATIVE IN OUR APPROACH JOB CREATION. THAT'S WHY I'VE BEEN URGING BOTH THE FEDERAL GOVERNMENT AND MY HOME STATE OF VIRGINIA TO WORK TO REPATRIATE JOBS THAT HAVE GONE OVERSEAS TO BRING THEM BACK TO AMERICA. WE MUST LAUNCH A SYSTEMATIC PROGRAM LED BY THE U.S. -- BY ALL THE GOVERNORS OF EACH STATE TO IDENTIFY COMPANIES, AMERICAN COMPANIES THAT ARE DOING BUSINESS ABROAD AND INCENTIVIZE THE REPATRIATION OF JOBS BACK TO AMERICA. THIS IS NECESSARY AND FEASIBLE. EARLIER IN YEAR "THE WALL STREET JOURNAL" REPORTED THAT A MAJOR AMERICAN MANUFACTURE, CATERPILLAR, WAS CONSIDERING EXPANDING ITS MANUFACTURING INSIDE THE U.S. RATHER THAN OVERSEAS. ACCORDING TO THE ARTICLE, THE REPATRIATION IS GAINING MOMENTUM, AND AFTER A DECADE OF RAPID GLOBALIZATION, ECONOMISTS SAY THAT COMPANIES ARE SEEKING -- ARE SEEING DISADVANTAGES ON OFFSHORE PRODUCTION, INCLUDING SHIPPING COSTS, COMPLICATED LOGISTICS AND QUALITY ISSUES, POLITICAL UNREST AND THEFT OF INTELLECTUAL PROPERTY POSES ADDITIONAL RISK. I APPLAUD ON CATERPILLAR'S EFFORTS AND ASK EVERY COMPANY SHOULD FOLLOW ITS LEAD. I BELIEVE THAT EVERY AMERICAN COMPANY HAS A MORAL OBLIGATION TO TRY TO CREATE JOBS IN AMERICA. AMERICAN COMPANIES WITH OVERSEAS FACTORIES TAKE AMPLE ADVANTAGE OF AMERICAN LAW ENFORCEMENT, THE AMERICAN JUSTICE SYSTEM AND COUNTLESS OTHER RESOURCES PROVIDED BY THE AMERICAN TAXPAYER. IN DOING SO THEY HAVE AN OBLIGATION, A BURDEN TO CONTRIBUTE TO SUPPORT AMERICAN JOB CREATION. WHEN AMERICAN COMPANY OPERATING FACTORIES OVERSEAS NEEDS LAW ENFORCEMENT HELP, THEY TURN TO THE F.B.I., NOT THE CHINESE SECRET POLICE. WHEN AMERICAN COMPANIES ARE VICTIMS OF CYBERATTACKS OR INTELLECTUAL PROPERTY THEFT, THEY TURN TO THE AMERICAN GOVERNMENT FOR SUPPORT AND ASSISTANCE, NOT TO THE CHINESE GOVERNMENT. WHO IS SPYING AND STEALING ON THEM AND ARRESTING CATHOLIC BISHOPS AND PROTESTANT PASTORS. THAT'S WHY I HOPE COMPANIES WILL SUPPORT AMERICAN JOBS. MUCH OF THIS MANUFACTURING IS SHIFTED OVERSEAS OVER THE LAST TWO DECADES. THIS TREND IS FUELED PRIMARILY BY THE OPENING OF INTERNATIONAL MARKETS, CHEAP LABOR AND AFFORDABLE SHIPPING. ALTHOUGH FREE TRADE HAS YIELDED SIGNIFICANT BENEFITS TO OUR ECONOMY AND CONSUMERS, THE U.S. HAS DONE A POOR JOB OF ENCOURAGING DOMESTIC MANUFACTURING INVESTMENT. NOW IS THE TIME FOR AMERICAN COMPANIES TO RE-EVALUATE THEIR BUSINESS MODELS AND RETURN HOME. OUR COMPETITIVE DOLLAR MAKES THE U.S. AN EXCELLENT LOCATION TO EXPORT TO INTERNATIONAL MARKETS. RISING GAS HAS ADDED TO SHIPPING WHICH HAS HELPED LEVEL THE PLAYING FIELD FOR U.S. PRODUCERS. WE HAVE A HIGHLY SKILLED AND EFFICIENT WORK FORCE IN THE U.S. THAT IS READY TO START COMPANIES PRODUCING AT HOME. FINALLY, I BELIEVE THE REPATRIATION INITIATIVE IS IMPORTANT BECAUSE IT FOCUSES THE U.S. ON COMPETING INTERNATIONALLY FOR THESE JOBS RATHER THAN STATES COMPETING FOR OTHER STATES FOR EXISTING AMERICAN JOBS. INSTEAD IT WILL LEAD TO NET JOB GROWTH IN THE UNITED STATES. OVER THE LAST FOUR MONTHS I'VE BEEN ENCOURAGING SECRETARY LOCKE TO ANNOUNCE A REPATRIATION INITIATIVE. AS A RESULT, I'LL BE COURAGE URGING THE APPROPRIATIONS COMMITTEE TO INCLUDE LANGUAGE IN THIS YEAR'S BILL, 2011 COMMERCE, JUSTICEE SCIENCE BILL TO DIRECT THE DEPARTMENT TO LAUNCH SUCH A INITIATIVE, WORKING WITH THE GOVERNORS OF THIS COUNTRY. I HOPE THE ADMINISTRATION AND MY COLLEAGUES IN THE CONGRESS WILL EMBRACE THIS INITIATIVE AND REACH OUT TO LARGE AMERICAN COMPANIES ABOUT BRINGING THE JOBS HOME TO AMERICA. A MAJOR REPATRIATION PROGRAM WILL ALLOW US TO CREATE NEW JOBS, PROMOTE U.S. EXPORTS AND DEMONSTRATE THAT AMERICA CAN STILL BE A HIGHLY COMPETITIVE MANUFACTURER IN A GLOBAL MARKET AND YIELD BACK THE BALANCE OF MY TIME.

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  • 05:39:23 PM

    THE SPEAKER PRO TEMPORE

    MR. SMITH OF NEW JERSEY.

  • 05:39:27 PM

    MR. SMITH

    YOU VERY MUCH, MADAM SPEAKER. I RISE TODAY TO CALL ON THE PRESIDENT TO…

    YOU VERY MUCH, MADAM SPEAKER. I RISE TODAY TO CALL ON THE PRESIDENT TO GIVE ISRAEL THE UNEQUIVOCAL, ROBUST AND VIGOROUS SUPPORT IT DESERVES. SINCE THE MAY 31 GAZA FLOTILLA INCIDENT, ISRAEL HAS BEEN UNDER MEDIA ATTACK. AND EVEN IN THE PAST FEW DAYS, MANY ARTICLES IN INTERNATIONAL NEWSPAPERS TAKE A GROCERY ANTI--ISRAEL -- ANTI-ISRAEL SLANT. THE PURPOSE OF THE FLOTILLA IS TO PROVOKE AN INCIDENT, THEREBY, TO SET UP AN INTERNATIONAL MEDIA CAMPAIGN AGAINST ISRAEL. THE FLOTILLA IS AN AGGRESSIVE ATTEMPT TO MANIPULATE WORLD OPINION AND TO ISOLATE ISRAEL. THANKFULLY IT HAS NOT WORKED IN THE UNITED STATES WHERE A POLL SHOWS THAT DESPITE THE ANTI-ISRAELI BIAS OF SO MUCH MEDIA COVERAGE, LESS THAN 20% OF AMERICANS THINK THAT THE ISRAELI GOVERNMENT IS TO BLAME FOR THE KETHS THAT RESULTED FROM THE -- DEATHS THAT RESULTED FROM THE INCIDENT. MADAM SPEAKER, THE FACTS OF INCIDENT WERE CLEAR WITHIN 48 HOURS AND IT'S HIGH TIME THAT OUR GOVERNMENT SENT A MESSAGE, THAT THE UNITED STATES FULLY SUPPORTS ISRAEL'S ACTION TO INTERCEPT THE FLOTILLA. THE ADMINISTRATION SHOULD EMPHASIZE THAT ISRAEL'S ACTION WAS LEGAL, THAT IT WAS RIGHT AND THAT THE U.S. STANDS WITH ISRAEL WITHOUT ANY IFS, ANDS OR BUTS. IT'S A MATTER OF RECORD THAT ON MAY 25 THE ISRAELI GOVERNMENT OFFERED TO OFFLOAD AT ITS PORT THE HUMANITARIAN AID THE FLOTILLA CARRIED AND TO HAVE IT -- HAVE THE U.N. PERSONNEL DELIVER IT TO GAZA. ON THAT SAME DAY, THE ISRAELI GOVERNMENT ALSO STATE IT HAD WOULD NOT PERMIT THE FLOTILLA TO BREAK ITS BLOCKADE OF GAZA WHICH IS NOT ONLY LEGAL UNDER INTERNATIONAL LAW BUT I BELIEVE IT'S ALSO JUST GIVEN THE RAMPANT MARITIME ARMS SMUGGLING, THE 7,000 ROCKET ATTACKS HAMAS HAS LAUNCHED ON ISRAEL FROM GAZA SINCE 2005, AND THE UNLIMITED AID THAT CAN FLOW TO GAZA THROUGH PROPER CHECKPOINTS. MADAM SPEAKER, THE TURKISH GROUP THAT ORGANIZED THE FLOTILLA HAS DOCUMENTED TIES TO HAMAS, WHICH IS RECOGNIZED BY THE U.S. DEPARTMENT OF STATE AS A FOREIGN TERRORIST ORGANIZATION. RADICALS WITH TIES TO OTHER TERRORIST GROUPS WERE ABOARD THE SHIPS. THE FLOTILLA LAUNCH WAS MARKED BY VIOLENT, ANTI-SEMITIC RALLY. FLOTILLA PARTICIPANTS SPOKE TO AL-JAZEERA OF MARTYRDOM. IT SHOWS HYPOCRISY OF THOSE WHO WOULD PORTRAY THE FLOTILLA PARTICIPANTS OF BEING PEACE ACTIVISTS. NOTHING CAN BE FURTHER FROM THE TRUTH. MADAM SPEAKER, THE RESPONSE BY THE GOVERNMENT WAS RESTRAINED AND RESPONSIBLE. ISRAELI TROOPS BOARDED THE TROOPS IN THE FLOTILLA CARRYING PAINTBALL GUNS. BUT WHEN THE CREW BEAT THEM WITH IRON RODS, STABBED AND LYNCHED THEM AND THREW ONE OF THEM OFF THE DECK, THEY GOT THE ORDER TO DEFEND THEMSELVES WITH THEIR SIDEARMS. THIS, TOO, IS RIGHT. EVERY GOVERNMENT PERMITS ITS TROOPS TO DEFEND THEMSELVES WHEN THEY ARE ATTACKED. I CALL ON PRESIDENT OBAMA TO GIVE ISRAEL OUR GOVERNMENT'S FULL SUPPORT AND TO MAKE UNMISTAKEABLY CLEAR OUR GOVERNMENT'S POSITION -- UNMISTAKABLELY CLEAR OUR GOVERNMENT'S POSITION WAS THAT THEY WERE RIGHT. OUR GOVERNMENT MUST MAKE IT PERFECTLY CLEAR THAT WE WILL NEVER PERMIT AN ANTI-ISRAEL MEDIA CAMPAIGN. I YIELD BACK THE BALANCE OF MY TIME.

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  • 05:43:15 PM

    THE SPEAKER PRO TEMPORE

    MS. ROS-LEHTINEN OF FLORIDA. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM…

    MS. ROS-LEHTINEN OF FLORIDA. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM CALIFORNIA RISE?

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  • 05:43:33 PM

    MR. LUNGREN

    MADAM SPEAKER, THAT I MIGHT CLAIM THE TIME.

  • 05:43:35 PM

    THE SPEAKER PRO TEMPORE

    WITHOUT OBJECTION.

  • 05:43:37 PM

    MR. LUNGREN

    THANK YOU VERY MUCH, MADAM SPEAKER. MADAM SPEAKER, I TAKE THESE FIVE…

    THANK YOU VERY MUCH, MADAM SPEAKER. MADAM SPEAKER, I TAKE THESE FIVE MINUTES TO SPEAK ON A SUBJECT THAT IS OF UTMOST IMPORTANCE BUT DOES NOT REGULARLY GET DISCUSSED HERE ON THE FLOOR AND THAT IS THE FIRST AMENDMENT TO THE CONSTITUTION, THAT PART OF IT WHICH DEALS WITH FREEDOM OF SPEECH, THAT IS FREEDOM OF POLITICAL SPEECH. NOW, OBVIOUSLY THE FIRST AMENDMENT OF THE CONSTITUTION DOES NOT MERELY PROTECT POLITICAL SPEECH BUT IN THE DECISION BY THE U.S. SUPREME COURT KNOWN AS CITIZENS UNITED VS. THE FEDERAL ELECTION COMMISSION, THE SUPREME COURT NOTED THAT THE FIRST AMENDMENT HAS ITS FULLEST AND MOST URGENT APPLICATION TO SPEECH UTTERED DURING A CAMPAIGN FOR POLITICAL OFFICE. IN OTHER WORDS, THEY SAID THAT IF YOU LOOK AT THE ESSENCE OF THE FIRST AMENDMENT PROTECTION IT GOES FIRST AND FOREMOST TO POLITICAL SPEECH. AND THEY SAID THIS IN LAYING THE PREMISE FOR THE DECISION THAT THEY CAME TO BECAUSE THE SUPREME COURT REALIZED THAT THE FIRST AMENDMENT'S PROTECTION FOR POLITICAL SPEECH HAD BEEN UNDER ASSAULT BY VARIOUS PIECES OF LEGISLATION PASSED BY THIS BODY. NOT THAT IT WAS DONE FOR EVIL PURPOSES OR INTENTIONALLY TO UNDERCUT THE SUPREME -- THE CONSTITUTION OF THE UNITED pTATES. RATHER, IT WAS DONE IN A GOD FAITH EFFORT TO TRY AND DEAL WITH POLITICAL CAMPAIGNS AND THE POSITION OF MONEY IN POLITICAL CAMPAIGNS. BUT THE SUPREME COURT DECIDED BACK IN THE 1970'S IN THAT MONEY IS SPEECH -- 1970'S THAT MONEY IS SPEECH. MEANING THAT THE MONEY YOU HAVE YOU CAN USE AS YOU SEE FIT TO FURTHER YOUR SPEECH. YOU CAN PRINT PAMPHLETS. YOU CAN BUY A MEGAPHONE. YOU CAN BUY A RADIO AD. YOU CAN BUY A TELEVISION AD. YOU CAN HIRE SOMEBODY TO REPRESENT YOUR INTEREST, TO APPEAR IN AN AD FOR YOU. IN OTHER WORDS, THE SUPREME COURT RECOGNIZED THAT IN THE WAY THAT WE COMMUNICATE OFTEN TIMES IT TAKES THE USE OF MONEY TO FURTHER THAT COMMUNICATION. SO THEY MADE A DECISION AT THAT POINT IN TIME THAT BY TERMS OF THE FIRST AMENDMENT YOU COULD NOT STOP SOMEONE FOR USING THEIR MONEY -- FROM USING THEIR MONEY TO EXPRESS THEIR POINT OF VIEW. THEN THEY WENT TO THE POINT OF SAYING, BUT HOW DOES THAT APPLY WHEN YOU ARE GIVING MONEY TO A CANDIDATE? AND IN THOSE INSTANCES THE COURT SAID THAT THE GOVERNMENT MIGHT BE ABLE TO PUT SOME RESTRICTIONS ON SPEECH, THAT IS THE USE OF MONEY, BUT ONLY IF IT IS FOR THE PURPOSE OF AVOIDING CORRUPTION OF THE PROCESS. THAT IS THE ONLY BASIS UPON WHICH THE GOVERNMENT CAN PUT SOME LIMITATIONS OR PARAMETER AROUND POLITICAL SPEECH. IN THE CITIZENS UNITED CASE, THEY HAD TO DECIDE WHAT DO PEOPLE INDIVIDUALLY AND AS ASSOCIATED WITH OTHERS, AND THE FIRST AMENDMENT TALKS ABOUT FREEDOM OF ASSOCIATION, WHAT DO THEY, WHAT ARE THEY ALLOWED TO DO, PERMITTED TO DO, PROTECTED UNDER THE FIRST AMENDMENT WHEN THEY EXPEND FUNDS TO EXPRESS A POINT OF VIEW DURING A PERIOD OF TIME THAT IS CLOSE TO AN ELECTION? AND THAT'S WHY THE COURT SAID THAT THE FIRST AMENDMENT FREEDOMS ARE AT THEIR HEIGHT WHEN THE SPEAKER'S ADDRESSING MATTERS OF PUBLIC POLICY, POLITICS AND GOVERNANCE, AND HAS ITS FULLEST AND MOST URGENT PUBLICATION TO SPEECH UTTERED FOR CAMPAIGN DURING POLITICAL OFFICE BECAUSE THAT'S THE POINT OF TIME WHEN YOU MIGHT HAVE THE MOST INFLUENCE OVER YOUR FELLOW CITIZENS. NOW, WHAT DOES THIS HAVE TO DO WITH WHAT WE ARE DOING HERE ON FLOOR? THERE IS A BILL THAT'S BEEN INTRODUCED CALLED THE DISCLOSE ACT, DEMOCRACY IS STRENGTH ED BY CASTING LIGHT ON SPENDING IN ELECTIONS ACT. AND WE ARE LED TO BELIEVE BY THE MAJORITY THAT ALL THIS DOES IS PROMOTE DISCLOSURE. BUT YET IN FACT WHAT IT DOES, UNDER ITS VERY TERMS, IS CHILL POLITICAL SPEECH. SO MUCH SO THAT THE NATIONAL RIFFLE ASSOCIATION CAME OUT WITH A LARGE COMPLAINT ABOUT THE BILL SAYING THAT IT WOULD HAVE AN UNDUE BURDEN ON ITS OPERATIONS IN EXPRESSING ITSELF AND INTIMIDATE MEMBERSHIP. NOW, SOME PEOPLE SCOFFED AT IT AND SAID, WELL, IT'S THE NATIONAL RIFFLE ASSOCIATION TALKING AGAIN. BUT WHAT HAPPENED? WE FOUND THAT THE MAJORITY LISTENING TO THE NATIONAL RIFFLE ASSOCIATION HAS CREATED A SPECIFIC EXEMPTION FOR THAT GROUP AND OTHERS SITUATED. BUT NOR FOR OTHERS. AND THAT IS THE CRUX OF THE QUESTION. DO WE HAVE A SITUATION IN WHICH NOW WE SAY, NOT ONLY TOO BIG TO FAIL, BUT FOR SOME, TOO BIG TO FILE? IT IS AN AFFRONT TO THE FIRST AMENDMENT AND MY HOPE IS THAT WE WILL NOT BRING THIS BILL TO THE FLOOR BECAUSE OF ALL THINGS WE SHOULD BE MOST PROTECTIVE OF THE SPEECH OF OUR FELLOW CITIZENS WHEN THEY ENGAGE IN POLITICAL DEBATE.

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  • 05:49:14 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN'S TIME HAS EXPIRED. UNDER THE SPEAKER'S ANNOUNCED POLICY OF…

    THE GENTLEMAN'S TIME HAS EXPIRED. UNDER THE SPEAKER'S ANNOUNCED POLICY OF JANUARY 6, 2009, THE GENTLEMAN FROM CALIFORNIA, MR. GARAMENDI, IS RECOGNIZED FOR 60 MINUTES AS THE DESIGNEE OF THE MAJORITY LEADER.

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  • 05:49:35 PM

    MR. GARAMENDI

    SPEAKER, I RISE TODAY TO ENGAGE IN A COLLOQUY WITH MY COLLEAGUES ON THE…

    SPEAKER, I RISE TODAY TO ENGAGE IN A COLLOQUY WITH MY COLLEAGUES ON THE DEMOCRATIC SIDE OF THE AISLE WHO WILL BE ALONG SHORTLY BUT BEFORE I LAUNCH INTO THE ISSUE OF NATIONAL SECURITY AND OUR DEPENDENCE ON OIL, I'D LIKE TO JUST ADDRESS WHAT MY COLLEAGUE FROM CALIFORNIA WAS TALKING ABOUT AND GIVE AN EXAMPLE OF WHY DISCLOSURE'S IMPORTANT AND TO RECOGNIZE THE FACT THAT IT WAS THE REPUBLICAN PARTY MANTRA FOR NEARLY 20 YEARS THAT THE SOLUTION TO CAMPAIGN FINANCE REFORM WAS DISCLOSURE. AND NOW APPARENTLY THEY WANT TO STAND UP AND SAY THEY DON'T WANT DISCLOSURE AFTER HAVING FOR 20 YEARS SAYING THEY WANT DISCLOSURE. GO FIGURE. THE FACT OF THE MATTER IS THAT IN CALIFORNIA, AN ELECTION HELD JUST TWO WEEKS AGO, DISCLOSURE UNDER THE STATE LAWS PLAYED A CRITICAL ROLE IN STOPPING PACIFIC GAS AND ELECTRIC FROM RIPPING OFF THE RATE PAYERS OF CALIFORNIA. AND MERCURY INSURANCE COMPANY FROM DOING THE SAME FOR THEIR CUSTOMERS. THE CALIFORNIA LAW REQUIRED DISCLOSURE. PG&E SPENT OVER $40 MILLION IN WHAT I THINK WAS BLATANT FALSE ADVERTISING AND AT THE BOTTOM OF THOSE ADS THEY HAD TO SAY, PAID FOR BY PACIFIC GAS AND ELECTRIC. SIMILARLY WITH MERCURY INSURANCE COMPANY, THE PUBLIC TOOK ONE LOOK AT THAT, AT THOSE ADS, WE THEY -- WHICH THEY SAW REPEATEDLY AND SAID, OH, THAT'S BEHIND IT. WELL I'M A NO VOTE. DISCLOSURE WORKS, MY REPUBLICAN COLLEAGUES. IT'S WHAT YOU WANTED FOR MORE THAN 20 YEARS AND NOW THAT YOU'RE ABOUT TO GET IT, YOU DON'T WANT IT? WELL, I THINK NOT. LET ME GO TO THE SUBJECT AT HAND THAT WE WOULD TALK ABOUT THIS EVENING WHICH IS REALLY THE ISSUE OF NATIONAL SECURITY. FOR MORE THAN 40 YEARS NOW AMERICA HAS TALKED ABOUT THE ENERGY INDEPENDENCE. LITERALLY BREAKER -- BREAKING OUR ADDICTION TO OIL. AMERICA'S ADDICTED TO OIL. WE CONSUME MORE THAN 25% OF ALL THE WORLD'S OIL SUPPLY YET WE HAVE A VERY SMALL PORTION OF THE RESERVES. WE ARE LITERALLY SENDING OVERSEAS $1 BILLION A DAY, MUCH OF IT GOING TO COUNTRIES THAT ARE ACTIVELY POURING -- SUPPORTING PEOPLE THAT DON'T AGREE WITH US AND PEOPLE THAT ARE ACTUALLY, WELL, PERHAPS SUPPORTING TERRORIST ORGANIZATIONS. CERTAINLY INTERNATIONAL SECURITY IS DEPENDENT UPON GOING AFTER THE TERRORISTS AND NO ONE'S GOING TO DO IT MORE AGGRESSIVELY THAN THE OBAMA ADMINISTRATION WHO HAS INCREASED THE ANTITERRORIST ACTIVITIES OF THIS NATION FAR MORE THAN DURING THE BUSH PERIOD. BUT, BACK TO OIL. IF WE DOUBT FOR A MOMENT THAT OUR NATION'S SECURITY IS AT RISK WITH THE CURRENT WAY IN WHICH WE PRODUCE OIL, YOU ONLY NEED TO TAKE A LOOK AT THE GULF OF MEXICO. IN THE LAST 20 YEARS THERE HAVE BEEN MORE THAN 38 BLOWOUTS, NONE OF THEM AS LARGE AS WHAT WE NOW SEE ON THE DEEPWATER HORIZON SITUATION, BUT NONETHELESS IT IS IN FACT A COMMON OCCURRENCE, AVERAGING MORE THAN 1 1/2 PER YEAR OVER THE LAST 20 YEARS. SO, IS IT SAFE? WELL, NOT SO MUCH. WE JUST HEARD FROM OUR REPUBLICAN COLLEAGUES THAT SAYING THE MORATORIUM IMPOSED BY THE PRESIDENT IS SOMEHOW WRONG. HELLO. WHEN TWO AIR FORCE JETS CRASHED WITHIN A MONTH SEVERAL YEARS AGO, THE UNITED STATES AIR FORCE DID WHAT IS CALLED A STAND DOWN. THEY GROUNDED THE ENTIRE FLEET UNTIL THEY FOUND OUT WHAT WAS WRONG. THEY CORRECTED THE PROBLEM AND WENT ON THEIR WAY. THAT'S EXACTLY WHAT PRESIDENT OBAMA HAS DONE. HE DID A STANDDOWN OF ADDITIONAL DRILLING IN THE GULF OF MEXICO BECAUSE, HEY, THERE'S A PROBLEM. THERE'S AN EXTRAORDINARY BLOWOUT. ONE THAT IS NOW EXCEEDING EVERYBODY'S ESTIMATE. AND THE RESULT -- OIL ON THE BEACHES, DEAD BIRDS AND, ACCORDING TO "THE WALL STREET JOURNAL" TODAY, OIL SPILL DELIVERS RECOVERY SETBACK. SPECIFICALLY, LOOKING AT THE REAL ESTATE INDUSTRY ALONG THE GULF COAST. AND THEY CITE FIVE OR SIX PROJECTS HERE THAT MAY BE JEOPARDIZED BECAUSE OF THE OIL SPILL. THIS IS A NATIONAL SECURITY ISSUE IN THE SENSE OF HHWWE GET OUR OIL, IN THE SENSE OF OUR ADDICTION TO OIL AND IT IS TIME FOR US TO RECOGNIZE THAT BECAUSE WE HAVE IN THE PAST CONSUMED ALL OF THE EASY OIL, WE'RE NOW GOING TO THE MOST DIFFICULT, MOST DANGEROUS AND THE MOST RISKY PLACES IN THE WORLD. CERTAINLY THE DEEP WATER, DEEPWATER HORIZON, THE BLOWOUT, PERHAPS AS MUCH AS 60 MILLION BARRELS A DAY. THAT IS SERIOUS, SERIOUS. IT'S NOT -- EXCUSE ME, 60,000 BARRELS A DAY. THIS IS A VERY SERIOUS PROBLEM. AND IT DESERVES OUR ATTENTION. THE PRESIDENT LAST NIGHT SPOKE TO THE PROBLEM, COMMITTED HIS ADMINISTRATION AND THIS NATION TO EVERYTHING NECESSARY TO CLEAN UP AND TO PLUG THE WELL. MY COLLEAGUES ON THE REPUBLICAN SIDE MENTIONEDDTHAT JUST 37 DAYS AGO THEY STARTED THE RELIEF. THAT'S NOT TRUE. THEY ACTUALLY STARTED THE RELIEF PROGRAM ON THE VERY DAY OF THE BLOWOUT. IT TOOK A WHILE TO GET IT GOING. AND THE GOING TO TAKE EVEN LONGER TO GET IT DONE. SO WHERE ARE WE GOING TO GO WITH THIS? I'VE BEEN JOINED BY A COUPLE OF MY COLLEAGUES TODAY AND I'D LIKE TO SEEK PERMISSION TO ENTER INTO A COLLOQUY WITH THEM, MADAM SPEAKER. WITHOUT OBJECTION? GOOD. I'LL MOVE FORWARD. I'D LIKE TO ASK MY COLLEAGUE FROM CALIFORNIA, CONGRESSWOMAN CHU, TO GIVE US HER THOUGHTS ON THIS SITUATION.

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  • 05:55:58 PM

    MS. CHU

    CONGRESSMAN GARAMENDI. THANK YOU FOR BRINGING THIS VERY, VERY IMPORTANT…

    CONGRESSMAN GARAMENDI. THANK YOU FOR BRINGING THIS VERY, VERY IMPORTANT SPECIAL ORDER TO THE FLOOR TONIGHT. I WOULD LIKE TO FOCUS FOR A MOMENT ON THE OIL SPILL AND IT'S IMPACT ON VICTIMS. -- ITS IMPACT ON VICTIMS. MR. TRAN DOESN'T KNOW HOW HE'S GOING TO PAY HIS CAR INSURANCE AND HE DOESN'T NOW HOW HE'LL TAKE CARE OF HIS MORTGAGE BUT HE DOESN'T KNOW WHEN HE'LL GET IN THE WATER AND START WORKING AGAIN. HE'S A DECK HAND ON A COMMERCIAL FISHING BOAT STATIONED NEAR LOUISIANA. HE'S PART OF A CLOSE KNIT COMMUNITY OF VIETNAMESE AND CAMBODIAN SHRIMPERS THAT THE GULF OIL SPILL HAS HIT PARTICULARLY HARD. MANY OF THEM CAME TO THE GULF COAST IN THE 1980'S AS WAR REFUGEES FROM VIETNAM. THEY DID WELL. IT'S ESTIMATED THAT THE VIETNAMESE AMERICANS EARN BETWEEN 1/3 AND 1/2 OF ALL THE FISHING VESSELS IN THE GULF COAST. AFTER KATRINA, THEY WERE ONE OF THE FIRST GROUPS TO REBUILD. BUT FIGURING OUT HOW TO RECOVER FROM THE RECENT MANMADE DISASTER HAS BEEN DIFFICULT. YOU SEE, FOR MANY OF THESE FISHERMEN, LANGUAGE IS A BARRIER AS BOTTOMLESS AS THE DEEP HORIZON'S WELL. BECAUSE ENGLISH ISN'T ESSENTIAL FOR FISHING, MANY HAVE NEVER LEARNED IT, SO THEY RELY ON INTERPRETERS. IT TAKES 14 WORDS TO TRANSLATE THE TERM DISPERSE ANT INTO VIETNAMESE. AND DON'T EVEN GET ME STARTED ON WHAT TO DO WITH ACRONYMS LIKE E.P.A. SO NOT ONLY HAVE THESE FISHERMEN LOST THEIR NORMAL SOURCE OF WORK, THEY'VE EEN LOCKED OUT OF THE CLEANUP EFFORT, TOO. MANY HAVE EVEN HAD PROBLEMS FILING BASIC CLAIMS FOR LOST INCOME. THESE VIETNAMESE FISHERMEN ARE JUST ONE GROUP AFFECTED BY THE CHALLENGIC GULF OIL SPILL. INDEED THIS SPILL HAS DEVASTATED LIVES UP AND DOWN THE GULF COAST. IT'S THE BIGGEST ENVIRONMENTAL DISASTER IN OUR NATION'S HISTORY. BUT CONGRESS IS WORKING HARD TO REPAIR THE DAMAGE THAT'S BEEN DONE. I'VE JOINED IN THE EFFORT TO SECURE $85 MILLION IN EMERGENCY FUNDING TO ASSESS AND RESPOND TO DAMAGES FROM THE SPILL. THIS MONEY IMPROVES THE FEDERAL RESPONSE AND GUARANTEES COMPENSATION TO OUT OF WORK FISHERMEN, BUT WE KNOW THAT'S NOT ENOUGH. I'M PROUD TO ALSO SPONSOR A VERY, VERY IMPORTANT BILL IN THE JUDICIARY COMMITTEE. THIS BILL IS CALLED THE SPILL ACT. IT FIXES OUR OUTDATED LIABILITY LAWS AND ENSURES WE CAN HOLD THOSE WHO CAUSED THIS SPILL ACCOUNTABLE FOR THE DAMAGE THAT THEY'VE DONE. BUT WE KNOW THAT'S NOT ENOUGH EITHER. SO I'VE CO-SPONSORED THE BILL TO IMPOSE A MORATORIUM ON DRILLING OFF THE WESTERN COAST OF OUR COUNTRY. THIS SUSPENSION IS A GREAT STEP FORWARD TO ENSURING THAT A DISASTER LIKE THIS NEVER HAPPENS AGAIN. AND EVEN THEN, IT'S STILL NOT ENOUGH. INDEED THE ONLY SOLUTION TO THIS DISASTER, THE ONLY THING THAT TRULY MAKES SENSE IS TO FINALLY END THIS COUNTRY'S ADDICTION TO OIL. FOR DECADES OIL COMPANIES AND LOBBYISTS KILLED ENERGY REFORM TO KEEP THEIR PROFITS. FOR DECADES OUR DEPENDENCE ON OIL HAS HURT OUR ECONOMY AND PUT THE SECURITY OF OUR COUNTRY AND OUR ENVIRONMENTAL AT RISK. FOR DECADES WE KNEW THAT OFFSHORE DRILLING WAS JUST A DISASTER WAITING TO HAPPEN. WELL, THE NEWS IS THAT IT HAS HAPPENED AND THE GULF OIL SPILL SHOWS THAT IT'S TIME TO TAKE BACK CONTROL OF OUR ENERGY POLICIES WITH CLEAN POWER MADE RIGHT HERE IN AMERICA. WE'LL NEVER BE ABLE TO UNDO THIS SPILL, AS MUCH AS WE WISH IT DIDN'T HAPPEN, WE CAN'T PRETEND IT NEVER DID. IF WE DO, KIM TRAN WORRY BEING HIS CAR AND HOUSE PAYMENTS WILL ONLY BE AFTERTHOUGHTS BECAUSE HIS TOWN AND COUNTLESS OTHERS LIKE IT ALONG THE GULF COAST WILL JUST DISAPPEAR. BUT WE WILL NOT LET THAT HAPPEN. JOIN ME AND MAKE SURE THAT THESE FISHERMEN, THESE PEOPLE, THESE FAMILIES HAVEN'T SUFFERED IN VAIN AND LET'S MAKE SURE WE CLEAN UP THIS SPILL, HOLD THOSE WHO CAUSED IT ACCOUNTABLE AND MAKE SURE IT NEVER HAPPENS AGAIN. TOGETHER WE'LL END OUR ADDICTION TO OIL AND CREATE A BETTER, CLEANER FUTURE FOR OUR COUNTRY. MR. GARE MEN TEE: REPRESENTATIVE -- MR.

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  • 06:00:28 PM

    MR. GARE MEN TEE

    TEE: REPRESENTATIVE -- MR.

  • 06:00:34 PM

    MR. GARAMENDI

    REPRESENTATIVE CHU, THANK YOU FOR YOUR THOUGHTS. THAT LEADS TO THE WEST…

    REPRESENTATIVE CHU, THANK YOU FOR YOUR THOUGHTS. THAT LEADS TO THE WEST COAST OCEAN PROTECTION ACT OF 2010. THERE'S A LARGE AREA THAT'S DEPENDENT ON THE PRISTINE NATURE OF THE COAST. IN ADDITION TO THAT THE WEST COAST HAS A MUCH DIFFERENT ENVIRONMENT THAN THE GULF OF MEXICO. IT'S DOWN RIGHT DANGEROUS OUT THERE, HIGH WAVE, HIGH WIND, EARTHQUAKES, A LOT OF OTHER THINGS THAT WOULD SAY, THAT'S NOT A GOOD PLACE TO BE DRILLING. I SEE MY COLLEAGUE FROM NEW YORK HERE AND I KNOW THAT HE, TOO, ALONG WITH THE RESIDENTS OF NEW YORK ARE TERRIBLY INTERESTED IN WHAT'S HAPPENING AND IN OUR NATIONAL ENERGY POLICIES AND OUR MOVE AWAY FROM OIL. CONGRESSMAN TONKO, IF YOU WOULD, PLEASE, JOIN US. MR.

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  • 06:01:26 PM

    MR. TONKO

    REPRESENTATIVE GARAMENDI, THANK YOU FOR BRINGING US TOGETHER IN THIS…

    REPRESENTATIVE GARAMENDI, THANK YOU FOR BRINGING US TOGETHER IN THIS THOUGHTFUL WAY, IT'S GREAT TO JOIN YOU AND REPRESENTATIVE CHU AND OTHERS WHO WILL BE PARTICIPATING IN THIS HOUR OF DIALOGUE WHERE WE LOOK IN A LASER-SHARP, FOCUSED WAY AT THIS TRAGIC OCCURRENCE IN THE GULF. OBVIOUSLY, I THINK IT'S IMPORTANT TO RECOGNIZE THE COMMITMENT MADE BY THE PRESIDENT AND HIS ADMINISTRATION TO MAKE CERTAIN THAT WE DO EVERYTHING WE CAN POSSIBLE TO MAKE CERTAIN THAT WE STAY ON THIS CASE OF CLEANUP AND CAPPING. CERTAINLY SHUTTING OFF THAT LEAK OF THAT OIL WELL IS INCREDIBLY IMPORTANT AND THE CLEANUP IN THOSE GULF STATES, IN THAT GULF AREA, THAT IMPACTS THE GULF STATES, IS ABSOLUTELY ESSENTIAL. TO HAVE THE PRESIDENT RECOGNIZE THAT WE HAVE DEPLOYED SOME 30,000 WORKERS THAT WILL BE IN THE MIDST OF THAT ACTIVITY HELPING IS IMPORTANT, TO KNOW THAT OVER 5,000 VESSELS HAVE BEEN SOLICITED AND THAT OUR NATIONAL GUARD NUMBERS, OVER 17,500 FORCES OUT THERE, MAKING A DIFFERENCE, IS IMPORTANT. BUT LET'S REALLY LOOK AT SOME OF THE SITUATION HERE. I REALLY GET CONCERNED AND JOIN WITH SOME MEMBERS IN THIS HOUSE TO ADVANCE A CORRESPONDENCE TO THE B.P. C.E.O., STATE CLEARINGLY, WITH MY COLLEAGUES, -- STATING CLEARLY, WITH MY COLLEAGUES, THAT THEIR PRIORITIES SPOKE VOLUMES AS TO WHERE THEY REST AS A CORPORATION. TO HAVE SUGGESTED THAT PAYMENTS BE MADE TO INVESTORS BE ESTABLISHED AS A HIGH PRIORITY, TO SUGGEST THAT DOLLARS GOING TO MARKETING, TO REVAMP THEIR IMAGE, ENHANCE THEIR IMAGE, WHILE WE SIT THERE AND LOOK FOR WAYS TO CAP THIS LEAK, WHILE WE CONTINUE TO MAKE CERTAIN THAT WE NEED RESOURCES TO CLEAN UP THE GULF THAT DIDN'T SEEM TO BE A VERY HIGH PRIORITY WITH THIS COMPANY AND SO IT WAS, I THINK, VERY APPROPRIATE FOR US TO RESPOND IN VERY FORCEFUL MEASURE TO ADDRESS THIS STRONG LANGUAGE IN A LETTER TO THE ORGANIZATION, TO B.P.'S MANAGEMENT, AND STATE THAT WHAT YOU REALLY NEED TO DO IS ARE REPRIORITIZE, TO MAKE CERTAIN THAT WHAT COMES AS THE MOST IMPORTANT ESSENTIAL BIT OF WORK HERE, AS YOU INVEST DOLLARS, AND THEY BEST OUGHT, AS YOU DO THAT, THE PRIORITY HAS GOT TO BE TO CAP THAT LEAK TO CLEAN UP THE GULF TO MAKE CERTAIN THAT WE MAKE WHOLE THE INDIVIDUALS, THE STATES, THE COMMUNITIES, THAT SURROUND THAT GIVEN REGION TO MAKE CERTAIN THAT BUSINESSES ARE ALLOWED TO FUNCTION AGAIN. WHEN WE THINK OF THE IMPACT ON AGRICULTURE, ON TOURISM, ON THE SEAFOOD INDUSTRY TO NAME A FEW, THE IMPACT ON OUR ECOSYSTEM, ON THE ENVIRONMENT, ON THE WILDLIFE, IT'S PAINFUL TO WATCH THE NEWS ACCOUNTS OF THIS CONTINUING SAGA OF A TRAGEDY. SO THEIR PRIORITIES WERE MISPLACED AND TOTALLY INSENSITIVE TO THE NEEDS OF PEOPLE AND INDUSTRIES AND CERTAINLY TO WILDLIFE IN THIS GIVEN REGION. I HAD STATED CLEARLY, I HAD A PRESS CONFERENCE WHERE WE AIRED THIS LETTER, THAT IT WAS IMPORTANT FOR THEM TO NOT BE SO CONCERNED ABOUT THEIR IMAGE, BUT RATHER DEAL WITH THE BASICS. I SAID, BEFORE YOU SHORE UP YOUR IMAGE, CLEAN UP OUR SHORES. I THINK IT'S STRAIGHTFORWARD AND IT'S EASILY UNDERSTOOD. THAT'S WHERE I WOULD LIKE TO SEE THE PRIORITIES. TODAY AFTER PRESSURE FROM THE PRESIDENT AND MANY OF US IN CONGRESS, I THINK THE COMPANY HAS HEARD THE MESSAGE. THEY HAVE BEEN GIVEN THIS FORCEFUL STATEMENT AND THEY ARE NOW RESPONDING TO THE PRESSURE BY SUGGESTING THEY ARE SETTING UP AN ACCOUNT THAT WILL RESPOND TO SOME OF THESE NEEDS. THEY ARE SETTING UP AN ACCOUNT THAT WILL DEAL WITH THE COMPENSATION FUND FOR OIL WORKERS WHO ARE OUT OF WORK BECAUSE OF THE KA TATHS FEE. NOW ONE CAN ONLY -- OF THE CATASTROPHE. ONE CAN ONLY IMAGINE WHAT WOULD HAVE BEEN THE IMPACT, HOW MUCH LESS IMPACTING THE OUTCOME WOULD HAVE BEEN, IF THEY'D EMBRACED THE SAME INTEGRITY WITH THE TECHNOLOGY THEY SHOULD HAVE UTILIZED IN DRILLING. THEY WANTED TO GO A MILE DEEPER BUT THE IMPACT OF THE DAMAGE WITHOUT THE RIGHT DISCIPLINE AND REGULATION MEANT HUNDREDS OF MILES SPREAD FROM THAT ONE MILE DEEPER, HUNDREDS OF MILES OF IMPACT BECAUSE OF THE LACK OF INTEGRITY. SO I AM HERE WITH YOU THIS EVENING IN SPIRIT AND IN VOICE TO SAY THAT WE NEED TO STAY ON THIS DILEMMA WE NEED TO STAY ON THIS CATASTROPHE, UNTIL ALL OF THE ESSENTIALS ARE DONE, THE CLEANUP, THE CAPPING, THE REFORM THAT'S ESSENTIAL AND MAKING SURE THE DOLLARS AND RESOURCES ARE COMING FROM THE SOURCE, THE SOURCE OF THE POLLUTION, HERE, IN THIS CASE, B.P. IT'S GREAT TO JOIN YOU AND OUR COLLEAGUES HERE THIS EVENING.

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  • 06:22:48 PM

    MR. GARAMENDI

    MUCH FOR YOUR ELOQUENT COMMENTS ON WHAT HAS HAPPENED, WHAT WE MUST DO. I…

    MUCH FOR YOUR ELOQUENT COMMENTS ON WHAT HAS HAPPENED, WHAT WE MUST DO. I NOTICE THAT SITTING NEXT TO YOU IS A REPRESENTATIVE FROM THE OTHER SIDE OF THE AMERICAN CONTINENT, REPRESENTATIVE MORAN FROM THE COMMONWEALTH OF VIRGINIA.

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  • 06:23:07 PM

    MR. MORAN

    HAVING THIS SPECIAL ORDER. WE IN VIRGINIA, NOT ALL OF US, BUT MANY OF US,…

    HAVING THIS SPECIAL ORDER. WE IN VIRGINIA, NOT ALL OF US, BUT MANY OF US, WATCH WITH SADNESS WHAT HAPPENED TO THE CALIFORNIA SHORES. AND WE DON'T WANT IT REPEATED IN VIRGINIA. EVEN THOUGH THE GOVERNOR AND THE REPUBLICAN PARTY HAVE PUSHED AND PUSHED WITH THESE SILLY, DRILL, BABY, DRILL. DRILL HERE, THERE AND EVERYWHERE, WE AREN'T GOING TO LET IT HAPPEN. IF WE HAD NOT BEEN DILIGENT, WE MIGHT HAVE SOME DRILLING RIGS OFF THE SHORE OF VIRGINIA TODAY, BUT WE DON'T AND THEY'RE NOT GOING TO GO THERE UNTIL THERE IS A SUBSTANTIAL MODIFICATION OF THE INDUSTRY PRACTICES WITH REGARD TO OFFSHORE DRILLING. LET'S BEAR IN MIND THAT WHAT WE'RE TALKING ABOUT IS OUR NATION'S OIL. IT'S NOT OIL THAT'S OWNED BY THESE OIL COMPANIES OR BY THE PRIVATE SECTOR, IT'S OWNED BY US THE TAXPAYER, IT'S PUBLIC LAND. IT'S OWNED BY OUR CHILDREN AND GRANDCHILDREN. AND INSTEAD OF BEING PUT TO OUR BENEFIT AND THEIR BENEFIT BECAUSE OF NEGLECT, CARELESSNESS, IRRESPONSIBLE DECISIONS, IT IS DESTROYING THE ECOLOGY OF THE GULF AND COULD WELL DESTROY THE ECOLOGY OF THE EVERGLADES ALONG THE FLORIDA SHORE AND COULD EVEN GO UP THE EAST COAST. WE HAVE NO IDEA HOW EXTENSIVE THIS DAMAGE IS GOING TO BE. HOW EXPENSIVE IT WILL BE TO CLEAN IT UP. BUT WE ARE NOW GETTING AN IDEA OF WHY IT HAPPENED. AND I WOULD SAY TO THE JAR AND TO THE SPEAKER THAT WE OUGHT TO BE MINDFUL, FIRST OF ALL, THAT THIS WAS NOT UNDER PRESIDENT OBAMA'S WATCH. IT WAS NOT UNDER ANY KIND OF DEMOCRATIC POLICY. IT WAS UNDER THE ADMINISTRATION OF A PRESIDENT WHO OWNED AN OIL DRILLING COMPANY, AN OIL EXPLORATION COMPANY, A VICE PRESIDENT WHO WAS THE C.E.O. OF HALIBURTON, WHO MADE MONEY FROM MANUFACTURING AND INSTALLING DRILLING RIGS. IN FACT, CONTINUED TO OWN THOUSANDS OF SHARES, WHILE THEY MADE ENORMOUS PROFITS NOT ONLY FROM DRILLING RIGS BUT FROM THE WAR IN IRAQ AND AFGHANISTAN. SO WHILE THESE TWO FOLKS SIT BACK, THE DAMAGE IS BEING INFLICTED UPON PEOPLE WHO THROUGH NO FAULT, BUT BECAME DEPENDENT UPON THIS INDUSTRY AND OUR HEART GOES OUT TO THOSE NOT ONLY WHO LOST THEIR LIVES BUT THOSE WHO LOST THEIR LIVELIHOODS. NOW, WHEN WE TRACE BACK HOW THIS PARTICULAR DRILLING RIG EXPLODED , WE FIND THAT THERE WERE A NUMBER OF POINTS ALONG THE WAY WHERE IT COULD HAVE BEEN AVOIDED. BACK IN 2003, THE INTERIOR DEPARTMENT, THE BUSH ADMINISTRATION'S INTERIOR DEPARTMENT AGREED WITH B.P. AND OTHER OIL COMPANIES THAT INSTALLING A $500,000 ACCUSE TI CALL SHUTOFF -- ACOUSTICAL SHUTOFF SWITCH WOULD BE TOO EXPENSIVE, ALTHOUGH IT WOULD HAVE PREVENTED ALL OF THIS OIL FROM SPEWING UP. NOW IT'S COSTING B.P. BILLIONS OF DOLLARS. IT'S COSTING OUR COUNTRY BILLIONS OF DOLLARS IN TOURISM, FISHING INDUSTRY. AND COSTING THE LIVES OF THOUSANDS AND THOUSANDS OF PEOPLE BECAUSE THEY CUT CORNERS. THEY WEREN'T EVEN WILLING TO SPEND $500,000, A HALF A MILLION DOLLARS ON A SHUTOFF SWITCH. AND THEN THEY FEEL BADLY AND THINK THEY ARE BEING BEATEN UP ON BY THE CONGRESS. LET ME SHARE SOME OF THE REASONS WHY THEY HAVE LOST OUR CREDIBILITY. FOR ONE, THEY STARTED OUT TELLING US THAT IT WAS ABOUT 1,000 BARRELS A DAY THAT WERE LEAKING. I THINK THE GENTLEMAN WILL REMEMBER THAT. OF COURSE, FOR EVERY BARREL, THERE IS 42 GALLONS IN A BARREL, WHICH WOULD MEAN THAT EVERY DAY, ABOUT 200,000 GALLONS OF OIL WERE BEING EMITTED. THEN THEY WERE UP TO 5,000, WHICH MEANS THAT -- WELL, WITH 5,000, INSTEAD OF 42,000 GALLONS OF OIL A DAAY, IT WAS 210,000. THE SCIENCE TIESES WHO SAY, WE + -- SCIENTISTS WHO SAY WE THINK IT IS MUCH LARGER THAN THIS, THEY CONTINUE TO BE IGNORED. AND NOW WE FIND THAT EVERY SECOND, 18 GALLONS OF OIL IS BEING EMITTED FROM THIS SPILL. NOW, THINK ABOUT THAT. MOST OF US, TO FILL OUR TANK, GAS TANK IN OUR CAR, IT TAKES ABOUT 18 GALLONS. ALL OF THAT IS GOING INTO THE GULF EVERY SECOND, WHICH MEANS THAT WE'VE GOT MORE THAN 1,000 A MINUTE. WE'VE GOT 65,000 GALLONS AN HOUR AND WE HAVE 1.6 MILLION GALLONS EVERY DAY. IT'S HARD FOR THE MIND TO COMPREHEND THAT, BUT 1.6 MILLION GALLONS OF OIL IS COMING OUT INTO THE GULF EVERY DAY. AND THIS HAS GONE ON FOR WHAT, 50 DAYS? NOW, WHAT HAS TO HAPPEN IN THE FUTURE? THERE NEEDS TO BE A TIMEOUT, NO MORE DEEPWATER DRILLING UNTIL NUMBER ONE, WE HAVE THE TECHNOLOGY ON HAND. THE MINERALS MANAGEMENT SERVICE HAS BEEN ASSURED THAT THIS CANNOT HAPPEN AGAIN. WE HAD A 30-DAY WINDOW, OPEN WINDOW, WHERE THEY HAD THE ABILITY TO DETERMINE WHETHER PERMITS SHOULD BE ISSUED. THEY DIDN'T TAKE ANY OF THAT TIME. BUT IN THE FUTURE, WE NEED TRAINED PERSONNEL, WE NEED TESTED EQUIPMENT, WE NEED ALL THE TECHNOLOGY TO BE ON HAND. AND ALL OF THAT RESEARCH THAT SHOULD HAVE BEEN DONE, IT NEEDS TO BE PAID FOR BY THE OIL COMPANIES. THE TAXPAYERS SHOULDN'T HAVE TO PAY FOR THAT RESEARCH. THE TAXPAYERS SHOULDN'T PAY FOR THE TRAINING OR EQUIPMENT, BUT ALL OF IT NEEDS TO BE TESTED. IT IS THE TAXPAYERS' OIL AND TAXPAYERS' LAND AND HAS BEEN EXPLOITED. AND A LOT OF PEOPLE HAVE MADE BILLIONS OF DOLLARS BY DRILLING OFF OUR LAND, DRILLING THE OIL THAT REALLY BELONGS TO OUR CHILDREN AND GRANDCHILDREN. IT'S TIME TO PUT A STOP TO THIS. AS FAR AS I'M CONCERNED, THERE SHOULD BE A MORATORIUM UNTIL WE CAN ASSURE THE AMERICAN PUBLIC AND OUR CHILDREN AND GRANDCHILDREN THAT THIS CAN NEVER HAPPEN AGAIN BECAUSE THE GOVERNMENT IS GOING TO BE THE SHERIFF IN THE FUTURE. THE OBAMA ADMINISTRATION IS GOING TO PUT IN THE PEOPLE THAT CARE ABOUT OUR ENVIRONMENT THAT ARE GOING TO REGULATE THIS OIL DRILLING AND ARE GOING TO ENSURE THAT THIS KIND OF CATASTROPHE NEVER HAPPENS AGAIN BECAUSE WE'REENOT GOING TO SHOW THE KIND OF NEGLIGENCE AND GREED THAT DROVE THIS SITUATION TO OCCUR. SO I THANK YOU, MR. GARAMENDI. LET ME CONCLUDE BY STARTING WHERE I STARTED THAT WE FEEL BAD FOR WHAT HAPPENED TO CALIFORNIA. WE FEEL WORSE FOR WHAT IS NOW THE WORST ECOLOGICAL DISASTER IN THE GULF, BUT WE HAVE TO MAKE SURE THAT WE LEARN FROM THIS AND WE NEVER EVER LET SUCH A THING HAPPEN AGAIN. THANK YOU. . MR.

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  • 06:31:56 PM

    MR. GARAMENDI

    YOU. IT'S NOT JUST DRILL, BABY, DRILL, IT'S SPILL, BABY, SPILL. THESE…

    YOU. IT'S NOT JUST DRILL, BABY, DRILL, IT'S SPILL, BABY, SPILL. THESE SPILLS ARE NOT UNUSUAL. YOU USE THE WORDS IRRESPONSIBLE ACTIONS. CORNERS BEING CUT. AND DECISIONS BEING MADE THAT WERE -- THAT LED TO THIS BLOWOUT. YOU MENTIONED $500,000 THAT COULD HAVE BEEN SPENT AND SHOULD HAVE BONN SPENT ON AN ACOUSTICAL SWITCH. I WAS TALKING TO ONE OF OUR COLLEAGUES HERE WHO WAS A FORMER PROSECUTOR, FORMER FEDERAL PROSECUTOR. AND THE COLLEAGUE SAID TO ME, IF THERE IS EVIDENCE THAT ONE, THAT TWO OF THE B.P. EXECUTIVES WORKED TOGETHER TO CIRCUMVENT A LAW OR REGULATION, IT MAY VERY WELL BE CRIMINAL CONSPIRACY. TO THAT END, THE OBAMA JUSTICE DEPARTMENT HAS INITIATED A CRIMINAL PROBE OF B.P.'S ACTIONS WITH REGARD TO THIS SPILL. WE KNOW THAT THIS IS NOT THE FIRST TIME B.P. HAS BEEN INVOLVED IN A SERIOUS ACCIDENT THAT HAS COST LIVES. 11 ON THIS DRILLING RIG, AT THEIR REFINERY IN TEXAS, ANOTHER LARGE NUMBER OF EMPLOYEES WERE BOTH INJURED AND KILLED. IT'S TIME FOR THIS INDUSTRY TO GET ITS ACT TOGETHER. I KNOW THAT REPRESENTATIVE TONKO, YOU'VE BEEN INVOLVED IN THIS FOR SO VERY LONG. I SEE THAT REPRESENTATIVE FARR IS NOT WITH US RIGHT NOW, SO IF YOU'D PICK THIS UP AND CARRY US FOR A LITTLE WHILE. THANK YOU VERY MUCH.

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  • 06:33:42 PM

    MR. TONKO

    LISTENING TO REPRESENTATIVE MORAN, OUR FRIEND AND COLLEAGUE FROM VIRGINIA,…

    LISTENING TO REPRESENTATIVE MORAN, OUR FRIEND AND COLLEAGUE FROM VIRGINIA, REMINDS US OF THE INVESTMENT IN TECHNOLOGY THAT SHOULD ACCOMPANY THIS SITUATION THAT THERE SHOULD HAVE BEEN THE CHECKS AND BALANCES, SHOULD HAVE BEEN THE INVESTMENT, AS HE SUGGESTED, DROP IN THE BUCKET INVESTMENT, COMPARED TO THE DAMAGES NOW ASSOCIATED WITH THIS CATASTROPHE. I KNOW THE PEOPLE I REPRESENT IN THE 21ST CONGRESSIONAL DISTRICT WATCH WITH SADNESS AS THEY SEE THE NEWS ACCOUNTS THAT SHOW US THE DAY-TO-DAY RESPONSES WITH THIS CATASTROPHE. I WANT TO MAKE MENTION, WE'VE HEARD A LOT OF TALK THIS EVENING ABOUT ALTERNATIVE TECHNOLOGY THAT NEEDS TO BE EMBRACED TO CARRY US INTO AN INNOVATION ECONOMY MY REGION, THE CAPITAL REGION OF NEW YORK STATE IS RIFE WITH THAT SORT OF OPPORTUNITY. IT IS INVESTING IN HIGH TECH OPPORTUNITIES FOR CLEAN ENERGY JOBS AND INNOVATION, ENERGY INTELLECT, ENERGY IDEAS, ENERGY TECHNOLOGY THAT WILL ENABLE US TO MOVE FORWARD WITH A PROGRESSIVE AGENDA. THE FACT THAT WE'VE BEEN KEPT, HELD BACK, BY SLOGANS AND MANTRAS SUCH AS DRILL, BABY, DRILL, DRILL DEEPER, HAVE HELD BACK THE PROGRESS, EVEN THE LIKES OF T. BOONE PICKENS HAS SAID WE CAN'T DRILL OURSELVES OUT OF THE ENERGY CRISES OF THIS COUNTRY OR THE WORLD. WE NEED TO EMBRACE NEW TECHNOLOGY WE NEED TO BRING ABOUT THE SOURCE OF JOBS THAT WILL ALLOW FAR CLEAN ENERGY ECONOMY TO TAKE HOLD AND MAKE CERTAIN WE INVEST IN THOSE SUBSIDIES THAT WILL TAKE US INTO RENEWABLES LIKE UTILIZING OUR SUN AND WIND AND WATER AND SOIL TO CREATE AND RESPOND TO THE ENERGY GENERATION WE REQUIRE. I THINK THAT'S SO VERY IMPORTANT.

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  • 06:35:25 PM

    MR. GARAMENDI

    SECOND, WE PREPARED A LITTLE DIAGRAM HERE. THIS IS -- LET'S CONSIDER THIS…

    SECOND, WE PREPARED A LITTLE DIAGRAM HERE. THIS IS -- LET'S CONSIDER THIS A QUIZ FOR THE AMERICAN PUBLIC. WHICH OF THESE ENERGY SOURCES GET THE MOST FEDERAL SUBSIDIES? WOULD IT BE SOLAR? MAYBE THE ALGAE, THEY DO TECHNOLOGIES OF ALGAE PRODUCING FUEL. HOW ABOUT WAVE ACTION? OR MAYBE IT'S WIND. OR MAYBE IT'S THE OIL INDUSTRY. WHICH ONE? GET THE MOST. MR.

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  • 06:36:06 PM

    MR. TONKO

    HAVE A SAD ANSWER HERE.

  • 06:36:12 PM

    MR. GARAMENDI

    HAVE AN ANSWER, BUT I'LL LET PEOPLE PONDER THAT AS WE TURN TO MY…

    HAVE AN ANSWER, BUT I'LL LET PEOPLE PONDER THAT AS WE TURN TO MY COLLEAGUE, CONGRESSMAN SAM FARR.

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  • 06:36:20 PM

    MR. FARR

    SUCH A PLEASURE SERVING WITH YOU IN THE CALIFORNIA LEGISLATETURE WHEN WE…

    SUCH A PLEASURE SERVING WITH YOU IN THE CALIFORNIA LEGISLATETURE WHEN WE ADOPTED A LOT OF LEGISLATION DEALING WITH HANDLING OIL. I WOULD LIKE TO SHARE WITH YOU ESSENTIALLY A TALE OF TWO STATES, STATES THAT ARE BOTH OIL PRODUCING STATES, STATES THAT BOTH HAVE OFFSHORE OIL DRILLING, AND THOSE TWO STATES ARE ARE CALIFORNIA AND LOUISIANA. THE COMPARISON HERE IS ESSENTIALLY OOE THAT I REALLY WANT TO ASK, MR. SPEAKER, THAT GOVERNOR JINDAL, ASK NOT WHAT THE FEDERAL GOVERNMENT CAN DO FOR LOUISIANA BUT WHAT LOUISIANA SHOULD BE DOING FOR ITS OWN CONSTITUENCY, AS CALIFORNIA HAS DONE FOR ITS CONSTITUENCY, KNOW WEFFING AN OIL ECONOMY, SOMEWHAT OF AN OIL ECONOMY IN THE STATE, CERTAINLY AN OFFSHORE OIL ECONOMY. THE COMPARISON IS THIS. BOTH STATES HAVE AN OIL RESPONSE. CALIFORNIA HAS A STRONG LAW ON OIL RESPONSE. LOUISIANA HAS A VERY WEAK LAW ON OIL RESPONSE. WHY? THAT IS SOMETHING THAT LOUISIANA OUGHT TO CORRECT. THE CALIFORNIA STATUTE, STATIONED THROUGHOUT CALIFORNIA, PLACE TO CLEAN UP WILDLIFE. IT'S PAID FOR, IMPLEMENTED, IT'S ESSENTIALLY LARGE WILDLIFE VETERINARY HOSPITALS. THE ONE IN MY DISTRICT, YOU COULD BRING A SMALL WHALE IN AND OPERATE ON IT. LOUISIANA HAS NO SUCH NETWORK, NO SUCH PROGRAM, NO SUCH ALLOCATION OF RESOURCES. ANOTHER BIG DISABILITY. BIG DIFFERENCE BETWEEN THE TWO. LIABILITY CAPS. LOUISIANA HAS NO CAP ON LIABILITY. CALIFORNIA -- CALIFORNIA HAS NO CAP ON DAMAGES. LOUISIANA HAS A CAP ON DAMAGES. WHEN YOU AND I AND OUR COLLEAGUE JACKIE SPEIER WHO HAS JOINED US HERE, WERE ALL MEMBERS OF THE STATE LEGISLATURE, I OFFERED LEGISLATION YOU SPONSORED TO PUT A STRICT LIMIT ON LIABILITY -- STRICT LIABILITY IN STATE LAW. THERE'S NO CAP ON DAMAGES IN STATE LAW. LOUISIANA, FRIEND OF THE OIL COMPANY, PUTS CAPS ON DAMAGES. THEY'RE NOT ASKING FOR THAT CAP RIGHT NOW, THEY'RE ASKING FOR IT TO BE RAISED. BIG DIFFERENCE NUMBER THREE BETWEEN LOUISIANA AND CALIFORNIA, BOTH OFFSHORE OIL DRILLING STATES, CIVIL AND CRIMINAL PENALTIES. CALIFORNIA SETS UP AN INVOLVED CIVIL AND CRIMINAL PENALTIES RELATED TO OIL SPILLS, A WHOLE SECTION OF LAW. LOUISIANA HAS NO CIVIL OR CRIMINAL PENALTIES. LOUISIANA, COME ON. IF YOU'RE GOING TO CRY NOW, WHERE IS THE FEDERAL GOVERNMENT WHEN OFF PROBLEM, WHY HAVEN'T YOU RISEN TO THE OCCASION? CALIFORNIA HAS HAD THAT LAW IN PLACE SINCE 1990. YOUR LAW WAS ENACTED IN 1991 WITH NO TEETH. IT'S ABOUT TIME YOU TOOK RESPONSIBILITY FOR PUTTING SOME TEETH INTO YOUR STATE LAW. LASTLY, WHAT BOTH STATES HAVE IS A COASTAL ZONE MANAGEMENT ACT, CREATED BY THE FEDERAL GOVERNMENT. THERE'S A NIFTY PROVISION IN THAT ACT, IT'S CALLED A CONSISTENCY PROVISION. IT MEANS THE STATE CAN REVIEW ANY PROPOSALS TO DO OFFSHORE OIL DRILLINGS, IN FEDERAL WATERS OR STATE WATERS. AS LONG AS YOU HAVE AN ADOPTED PLAN AND THAT PLAN CAN EXPLAIN WHY YOU SHOULD CONDITION THAT OIL DRILLING OR EVEN DENY THAT OIL DRILLING IN FEDERAL WATERS, YOU HAVE THE POWER AT THE STATE LEVEL TO DO THAT. WE IN CALIFORNIA HAVE USED THAT POWER AND PREVENTED THE FEDERAL GOVERNMENT FROM EXPANDING ITS OFFSHORE OIL DRILLING. WE'RE GOING FURTHER WITH A BILL MR. GARAMENDI HAS BECAUSE WE REALIZE THAT DRILLING FOR OIL OFF COAST IS HIGH RISK AND LOW GAIN, YOU REALLY DON'T GET A LOT OUT OF IT. THE RISK WE CAN SEE FROM WHAT'S HAPPENING IN THE GULF RIGHT NOW. LOUISIANA, DON'T CRY FOR WHAT THE FEDERAL GOVERNMENT IS NOT DOING, CRY FOR YOURSELF, WHAT YOU'RE NOT DOING TO HELP YOUR OWN CONSTITUENCY PUT TEETH IN THE LAWS THAT WOULD ALLOW YOU TO DENY OFFSHORE OIL DRILLING RIGS TO PUT CONDITIONS ON THE OFFSHORE OIL DRILLING RIGS TO HAVE ALOY -- ALLOW YOU TO HAVE MONEY TO CLEAN UP THE MESS AND HELP WILDLIFE TO PUT TEETH IN PENALTIES AND RAISE THE CAPS. WE WANT TO SEE OUR COASTAL STATES HAVE A STRONG LAW AND MOST OF ALL WE THINK IF YOU REALLY LOOK AT IT, WE SHOULDN'T BE DRILLING OFFSHORE AT ALL. LASTLY, I WANT TO CHANGE THE ISSUE BECAUSE PART OF IT IS ABOUT MONEY. THERE'S MONEY THAT COME INTO THE FEDERAL TREASURY FROM OFFSHORE OIL DRILLING. IT PRODUCES $23.2 BILLION. $23.2 BILLION. OUT OF THAT, CONGRESS HAS AUTHORIZED THE EXPENDITURE OF ABOUT $5 BILLION. IN FIVE PROGRAMS. AMERICAN INDIAN TRIBES GET SOME OF THAT MONEY. HISTORIC PRESERVATION GETS SOME OF THE MONEY. LAND AND WATER CONSERVATION FUND, WHICH IS ESSENTIALLY LAND, MORE THAN WATER. ON LAND, NOT OFFSHORE, GETS SOME OF THE MONEY. RECLAMATION FUND GETS SOME OF THE MONEY AND THERE ARE TWO FUNDS THAT GO BACK TO THE STATES. BUT OUT OF THE $23 BILLION FUND, $5 BILLION, LESS THAN 20%, GOES -- IS SPENT. WHERE DOES THE REST OF IT GO? INTO THE UNITED STATES TREASURY. GUESS WHAT, ALL MA MONEY MADE FROM OFFSHORE OIL DRILL, NOT A PENNY SPENT ON THE OCEAN. WE'VE GOT A BIG SOURCE OF INCOME THE UNITED STATES GOVERNMENT CAN USE TO START WITH RENEWABLE RESOURCES, START INVESTING IN THE OCEANS AND MOST IMPORTANTLY TO CREATE AN OCEANS FUND AND OCEANS GOVERNANCE PLAN SO IT ISN'T CHAOS AT SEA, IT'S A PLANNED, ORGANIZED, SMART BAYWAY TO USE THE OCEAN JUST LIKE WE LEARNED SMART WAYS TO USE THE LAND. I COMMEND YOU ON YOUR BILL AND YOUR WORK AND THANK YOU FOR INVITING ME TO BE HERE TONIGHT.

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  • 06:42:14 PM

    MR. GARAMENDI

    THANK YOU, MR. FARR. I'LL GO BACK AND ANSWER THE QUESTION ABOUT WHERE DOES…

    THANK YOU, MR. FARR. I'LL GO BACK AND ANSWER THE QUESTION ABOUT WHERE DOES DO THE FEDERAL SUBSIDIES GO IN JUST A MOMENT, BUT I SEE OUR COLLEAGUE, CONGRESSWOMAN JACKIE SPEIER, HAS ARRIVED, WITH A YOUNG LADY, THE NEXT GENERATION WHO HAS TO LIVE WITH OUR DECISIONS WE'RE MAKING RIGHT NOW WITH REGARD TO CLIMATE CHANGE AND THE EXTRAORDINARY CONSUMPTION OF CARBON-BASED FUELS. IF YOU WOULD JOIN US, THANK YOU VERY MUCH FOR JOINING US, CONGRESSWOMAN.

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  • 06:42:43 PM

    MS. SPEIER

    THANK YOU, CONGRESSMAN AND THANK YOU FOR YOUR LEADERSHIP IN THIS AREA AND…

    THANK YOU, CONGRESSMAN AND THANK YOU FOR YOUR LEADERSHIP IN THIS AREA AND RECOGNIZING THE NEXT GENERATION. MARY ANN LARSON IS GOING TO BE PART OF THE NEXT GENERATION THAT'S GOING TO BE ASKING, DID WE DO ENOUGH? AND THE QUESTION I HAVE TONIGHT THAT I'D LIKE TO POSE IS, WHEN WILL WE SEE ENOUGH DAMAGE TO SAY, ENOUGH IS ENOUGH. HOW MANY OIL SPILLS DO WE NEED BEFORE WE TAKE DECISIVE ACTION TO END OUR DEPENDENCE ON FOSSIL FUELS. JUST LAST WEEK, PROBABLY NOT HEARD, BECAUSE WE HAVE BEEN FOCUSED ON THE B.P. OIL SPILL, BUT LAST WEEK, WE SAW YET ANOTHER SPILL IN SALT LAKE CITY, UTAH. ANY OIL SPILL IS ONE TOO MANY AND THE ERA OF OUR PLANET BEING CONSTANTLY CONTAMINATED BY CRUDE OIL MUST COME TO AN END. THE PREVENTABLE ACCIDENT IN THE GULF CLAIMED 11 LIVES, AS WE KNOW, TRAGICALLY, AND IS NOW THE WORST ENVIRONMENTAL DISASTER IN THIS COUNTRY'S HISTORY AND THE BIGGEST ENVIRONMENTAL CLEANUP THAT WE HAVE EVER UNDERTAKEN. IT SERVED AS A TERRIBLE REMINDER OF OUR COUNTRY'S DANGEROUS DEPENDENCE ON FOREIGN OIL. AS LONG AS WE REMAIN ADDICTED TO THAT OIL, BOTH FOREIGN AND DOMESTIC, SPILLS ARE INEVITABLE. AND THE QUESTION WE'VE GOT TO ASK OURSELVES, HOW MANY MORE DO WE WANT TO SOMEHOW LIVE WITH. LIVE WITH THE DAMAGE TO OUR ECOSYSTEM, LIVE WITH THE DAMAGE TO THE PEOPLE THAT ARE AFFLICTED BY IT. THE JOBS THAT ARE LOST, THE TOURISM THAT IS LOST. THEY'VE BEEN WITH US FOR OVER A CENTURY, THESE OIL SPILLS, AND THEY'LL BE WITH US FOR CENTURIES MORE UNLESS WE BREAK THAT ADDICTION TO OIL. WE MUST REPLACE OIL AND OUR ENERGY SUPPLY WITH CLEAN FUEL AND IT'S RIGHT HERE. WE HAVE IT. WE KNOW WHAT IT IS. YOU'VE POINTED TO SOME OF THEM IN THAT CHART. AND THE STUNNING FIGURE THAT I JUST HEARD THAT I'D LIKE TO SHARE WITH YOU TONIGHT, MR. GARAMENDI IS THAT BY JUST RETROFITTING 75,000 HOMES IN THIS COUNTRY WE WOULD SAVE THE EQUIVALENT OF ALL THE OIL THAT HAS SPEWED INTO THE GULF BY B.P. JUST RETROFITTING 75,000 HOMES. NOW, WE HAVE PASSED IN THIS HOUSE LEGISLATION, THE HOMES BILL, WHICH WILL SPUR THE RETROFITTING OF 3.3 MILLION HOMES AND CREATE OVER 600,000 JOBS. THE ENERGY SAVED FROM THESE RETROFIT, IF THE SENATE PASSES THAT MEASURE, WOULD SAVE MORE THAN 44 TIMES THE WASTED ENERGY FLOATING IN THE GULF. AND IT WOULD DO SO AT 1/40TH OF THE COST.

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  • 06:45:31 PM

    MR. GARAMENDI

    VERY, VERY INTERESTING AND IF I RECALL THE VOTE, WHEN THAT WAS ON THE…

    VERY, VERY INTERESTING AND IF I RECALL THE VOTE, WHEN THAT WAS ON THE FLOOR, THE REPUBLICANS VOTED AGAINST THAT. . NOT ONLY WOULD IT SAVE THAT ENERGY, BUT HELP EACH HOMEOWNER'S UTILITY BILL. GO FIGURE. GO FIGURE. I HAVE TO ANSWER THIS QUESTION AND PLEASE HELP ME WITH THIS, WHO GETS THE MOST SUBSIDIES? SOLAR, ALGAE, WIND OR OIL? THE ANSWER IS OIL. IF YOU TAKE A LOOK 2002 TO 2008, WHERE DID THE SUBSIDIES GO? WELL, THE OIL INDUSTRY GOT OVER $70 BILLION OF TAXPAYER MONEY IN DIRECT TAX SUBSIDIES, $72 BILLION. THE GREEN RENEWABLE ENERGY GOT $ 12.2 BILLION FROM 2002 TT 2008. AND ETHANOL, $16.8 BILLION. IF WE TOOK THIS MONEY, THIS SUBSIDY, $70 BILLION OVER A SIX-YEAR PERIOD AND SHIFTED IT OVER TO THIS SIDE, PARTICULARLY UP HERE TO THE RENEWABLE ENERGY, THIS IS SOLAR, WIND, ADVANCED BIOFUELS LIKE ALGAE AND THE REST, WHERE WOULD WE BE, WHERE WOULD THAT YOUNG LADY'S FUTURE BE? YOU SHIFT THE SUBSIDIES AROUND. IS THAT POSSIBLE? CAN WE DO THAT? WHAT DO YOU THINK?

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  • 06:47:17 PM

    MS. SPEIER

    WHY DIDN'T THE REPUBLICANS VOTE FOR THAT?

  • 06:47:39 PM

    MR. GARAMENDI

    WHY DIDN'T THE REPUBLICANS VOTE FOR THAT?

  • 06:47:42 PM

    MS. SPEIER

    SAME REASON THEY SAT IN THIS CHAMBER A YEAR AND A HALF AGO AND CHANTED…

    SAME REASON THEY SAT IN THIS CHAMBER A YEAR AND A HALF AGO AND CHANTED OVER AND OVER AGAIN, DRILL, BABY DRILL. IT WAS LIKE A HIGH SCHOOL FOOTBALL FIELD AND COULDN'T SAY IT LOUD ENOUGH OR LONG ENOUGH OR REPEAT IT OFTEN ENOUGH.

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  • 06:47:59 PM

    MR. GARAMENDI

    HERE AT THAT TIME. YOU'RE TELLING ME JUST LESS THAN A YEAR AGO -- MS.

  • 06:48:09 PM

    MR. GARAMENDI

    SAT HERE AND SAID DRILL, BABY, DRILL. THEY SAID IN THE MORATORIUM ON…

    SAT HERE AND SAID DRILL, BABY, DRILL. THEY SAID IN THE MORATORIUM ON DEEPWATER DRILLING, THEY SAID DRILL. YOU WANT ANOTHER OIL SPILL? 48 IN THE LAST 18 YEARS PLUS THIS BIG ONE. THAT'S NOT THE SOLUTION. THE SOLUTION LIES IN MOVING TO A NEW ENERGY SOURCE, THE GREEN TECHNOLOGIES, THE RENEWABLE ENERGY SO THAT IT IS THE SUN THAT GIVES US THE POWER IN THE FUTURE, SO THAT THAT YOUNG LADY DOESN'T HAVE TO FACE THE EXTRAORDINARY IMPACT THAT CLIMATE CHANGE WILL BRING. WE HAVE TO MOVE AWAY FROM CARBON-BASED FUELS, WOULD YOU AGREE WITH THAT?

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  • 06:48:54 PM

    MS. SPEIER

    AGREE WITH THAT. AND I THINK WE'VE GOT TO FACE SOME VERY FUNDAMENTAL…

    AGREE WITH THAT. AND I THINK WE'VE GOT TO FACE SOME VERY FUNDAMENTAL FACTS. IF YOU CONTINUE TO DRILL AT 18,000 FEET, YOU'RE ASKING FOR TROUBLE.

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  • 06:49:08 PM

    MR. GARAMENDI

    SEE. EVERYTHING THAT CAN GO WRONG WILL GO WRONG AND B.P. DIDN'T PLAN FOR…

    SEE. EVERYTHING THAT CAN GO WRONG WILL GO WRONG AND B.P. DIDN'T PLAN FOR WHAT COULD GO WRONG. IN FACT, THEY IGNORED IT AND PUT TOGETHER AN APPLICATION THAT JUST IGNORED THE POSSIBILITY OF THE WORST CASE. IN SITUATIONS LIKE THIS, WE MUST FORCE THE INDUSTRY TO ASSUME THE WORST CASE WILL HAPPEN. WE HAVE SEEN IT NO MORE. MR. SPEAKER, THANK YOU VERY MUCH FOR THE TIME. I YIELD BACK.

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  • 06:49:38 PM

    THE SPEAKER PRO TEMPORE

    THE GENTLEMAN YIELDS BACK HIS TIME. UNDER THE SPEAKER'S ANNOUNCED POLICY…

    THE GENTLEMAN YIELDS BACK HIS TIME. UNDER THE SPEAKER'S ANNOUNCED POLICY JANUARY 6, 2009, THE GENTLEMAN FROM TEXAS, MR. CARTER, IS RECOGNIZED FOR 60 MINUTES AS THE DESIGNEE OF THE MINORITY LEADER.

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  • 06:50:56 PM

    MR. CARTER

    THANK YOU,, MR. SPEAKER. AND I THANK YOU FOR THIS HOUR. IT'S GOING TO BE…

    THANK YOU,, MR. SPEAKER. AND I THANK YOU FOR THIS HOUR. IT'S GOING TO BE AN INTERESTING COUPLE OF WEEKS ON THIS ISSUE OF THIS OIL SPILL BECAUSE WE'RE GOING TO GET TWO CONFLICTING POINTS OF VIEW. I ACTUALLY HEARD, I BELIEVE, THAT SOMEHOW THIS OIL SPILL IS NOW GEORGE BUSH'S FAULT. IT REMINDS ME OF THE GAME THAT KEVIN BACON GAME, NO MATTER WHAT ACTOR OR MOVIE, YOU HAVE TO BRING IT BACK IN SEVEN CYCLES TO KEVIN BACON AND SEEMS EVERYTHING THAT GOES ON IN THE UNITED STATES THAT THE MAJORITY PARTY SEEMS TO SOMEHOW THAT WHATEVER GOES ON IN THE UNITED STATES, THEY CAN SOMEHOW TRACK IT BACK TO GEORGE W. BUSH. AND WHAT I HEARD WAS THAT MR. BUSH HAD USED A DRILLING RIG AT SOME POINT IN HIS LIFE AND THEREFORE IT'S BUSH'S FAULT THERE WAS A FAILURE OR TO SOME EXTENT THERE WAS A FAILURE ON THIS B.P. DRILLING RIG. IT'S GETTING A LITTLE OLD FOR THE AMERICAN PUBLIC FOR THEM TO HEAR CONSTANTLY THAT NO MATTER WHAT GOES WRONG IN THE OBAMA ADMINISTRATION, IT'S GEORGE W. BUSH'S FAULT. I THINK THIS IS GETTING A LITTLE OLD AND GETTING -- SEEMS TO BE A FANTASY THAT SEEMS TO BE PREVAILING. WE HAVE GOT A GREAT DISASTER IN THE GULF. AND NOBODY'S DENYING WE HAVE A GREAT DISASTER IN THE GULF. TODAY, I HEARD A MAN WHO ACTUALLY KNOWS SOMETHING ABOUT DRILLING IN THE GULF. I HAVEN'T HEARD ANYONE STAND UP THAT HAS TALKED ON THE MAJORITY SIDE TONIGHT AND SAID, BY THE WAY, I HAVE DRILLED THESE -- AND LET ME TELL YOU WHAT HAS HAPPENED IN THE GULF. BUT TRENT FRANK CAME TO US TODAY AND SHOWED US WHAT IS HAPPENING IN THE GULF AND IT'S VERY INTERESTING AND WHY THE CAP FAILED THAT THEY FIRST STARTED AND WHY THE WELLS THAT ARE BEING DRILLED TO INTERSECT THIS WELL, THE RELIEF WELLS SHOULD BE SUCCESSFUL. AND YOU KNOW, IF YOU WANT AN EXPERT AND WANT TO KNOW HOW YOU DO SOMETHING, YOU OUGHT TO TALK TO SOMEBODY THAT'S ACTUALLY DONE IT. AND TRENT, A MEMBER OF THIS BODY, HAS ACTUALLY DONE IT. SO WE'LL FIND OUT WHENEVER WE GET THIS SPILL STOPPED, WE'LL FIND OUT WHAT HAPPENED IN THE GULF TO CAUSE THIS THING TO BLOW OUT AND IT MAY BE HUMAN ERROR. IT MAY BE THE COMPANY'S ERROR. IT MAY BE SHORT CUTS THEY TOOK. IT MAY BE THE INSPECTOR'S ERROR. IT COULD BE JUST ABOUT ANYBODY'S ERROR. WE DON'T KNOW. NOW, THE TRUTH IS, WE DON'T HAVE TO KNOW YET, BECAUSE THE PRESUMPTION IS OVERWHELMING THAT IT'S B.P.'S RESPONSIBILITY AND THEY ADMIT IT IT'S THEIR RESPONSIBILITY. BUT BLAME-GAMING IS NOT GOING TO STOP THE OIL FROM FLOWING INTO THE GULF. PUTTING OUR RESOURCES TOGETHER AT EVERY LEVEL FROM EVERY SOURCE IS PART OF WHAT YOU DO WHEN YOU HAVE A NATIONAL EMERGENCY. AND I DON'T CARE WHETHER THAT NATIONAL EMERGENCY HAS THE NAME KATRINA OR RITA OR IKE OR ANY OF THE OTHER NAMES OR CARLA OR ANY OF THE OTHER NAMES OF HURRICANES THAT HAVE SWEPT ACROSS OUR GULF AND ATTACKED ALL GULF STATES AT SOME POINT IN TIME OR HAS THE NAME -- WHAT'S THE NAME OF THIS WELL, I CAN'T REMEMBER ANYMORE -- ANYWAY JUST CALL IT THE B.P. WELL IN THE GULF OF MEXICO BLEW OUT. WHAT'S THE PROBLEM? WITH THE HURRICANE AND THINGS ARE BLOWING AND THINGS ARE GETTING TORN DOWN, WE NEED TO PUT OUR RESOURCES TOGETHER TO HELP THE PEOPLE AND INDUSTRIES THAT ARE ATTACKED BY THE HURRICANE. TODAY, WE HAVE ANIMALS, WE HAVE SEA LIFE, WE HAVE WILDLIFE, SEA LIFE, HUMAN LIFE THAT IS THREATENED BY THIS B.P. OIL SPILL. AND DWSH -- AND OUR FIRST JOB AND NOT ONLY OF BRITISH PETROLEUM AND THOSE WHO HAVE THE RESPONSIBILITY TO PROTECT THE UNITED STATES,, THE PRESIDENT, AND THIS CONGRESS, SHOULD HAVE POURED MASSIVE SUPPORT INTO DOING SOMETHING ABOUT THIS OIL WELL AND STOPPING THIS SPILL AND SHOULD HAVE DONE IT THROUGH THE PEOPLE WHO HAVE THE INTELLIGENCE AND THE TECHNOLOGY TO TELL US JUST EXACTLY WHAT WE'RE DEALING WITH. I WOULDN'T RECOMMEND YOU CALL THE GRAY WHITE HUNTER IN AFRICA TO TELL HIM HOW TO PUT DOWN THE OIL SPILL. I WOULDN'T RECOMMEND YOU CALL A SURGEON IN BROOKLYN, NEW YORK AND ASK HIM TO PUT DOWN THIS OIL SPILL. AND I WOULDN'T RECOMMEND THAT YOU TALK TO A COMMUNITY ORGANIZER AND ASK HIM HOW TO PUT DOWN THIS OIL SPILL. I WOULD RECOMMEND THAT YOU IMMEDIATELY WHEN THIS HAPPENED, APPROACH THOSE PEOPLE WHO HAVE THE EXPERTISE TO DEAL WITH THIS OIL SPILL AND DO IT. AND QUITE HONESTLY, I THINK WE HAVE TO SAY THAT THE PRESIDENT OF THE UNITED STATES TOLD US THE BUCK STOPS WITH HIM, SO HE'S THE PERSON WHO SHOULD HAVE STARTED THIS BALL ROLLING WHEN THIS WHOLE THING STARTED COMING DOWN ON US. GOT A LITTLE CHART UP HERE, GULF SPILL TIMELINE AND OUGHT TO LOOK AT THAT FO JUST A MINUTE. SEE HOW WELL WE DID IN DECIDING THAT WE WERE, AS A GOVERNMENT THAT ENJOYED THE OIL AND GAS INDUSTRY IN COMING UP WITH A SOLUTION TO BRITISH PETROLEUM'S DISASTER THAT THEY HAVE CREATED IN OUR BLESSED GULF OF MEXICO. I THINK I HAVE THE STATE WITH THE LARGEST AMOUNT OF GULF OF MEXICO COASTLINE AS ANY STATE IN THIS UNION. FLORIDA WOULD BE A CLOSE SECOND AND MAY HAVE MORE, BUT CERTAINLY THE STATE OF TEXAS HAS A LOT. SO LET'S LOOK AT THIS THING FOR JUST A SECOND. APRIL 20, 2010 AND TODAY IS THE 16 OF JUNE, SO LOOKING BACK TO APRIL 20, EXPLOSION OCCURRED, 11 PEOPLE WERE KILLED. RIGHT THERE WE KNEW WE HAD A PROBLEM. THE FIRST OIL LEAK WAS OFFICIALLY RECOGNIZED AND REVEALED BY THE ADMINISTRATION IN WASHINGTON ON APRIL 24. SO FOUR DAYS LATER, THE ADMINISTRATION ACKNOWLEDGED AND REVEALED TO US THAT THERE WAS AN OIL LEAK. ON APRIL 28, THE SECRETARY OF THE INTERIOR, MR. SALAZAR, TRAVELED DOWN TO THE B.P. COMMAND CENTER IN HOUSTON. APRIL 29, HOMELAND SECURITY SECRETARY NAPOLITANO ANNOUNCED A SPILL OF NATIONAL SIGNIFICANCE AND PRESIDENT OBAMA MADE HIS FIRST PUBLIC REMARKS ABOUT THE DISASTER. THAT'S NINE DAYS AFTER IT OCCURRED. APRIL 30, THE PRESIDENT DEPLOYED HIS SENIOR ADMINISTRATION OFFICIALS TO THE GULF REGION TO MAKE REQUESTS OF THE LOUISIANA AND MAKES THE REQUESTS FOR REMARKS ABOUT WHAT'S GOING ON AND LOUISIANA NATIONAL GUARD WAS ACTIVATED TO ASSIST. THAT'S A START. THAT'S A FIRST START. PRESIDENT VISITS THE GULF ON MAY 2. LIKE 13 DAYS AFTER THE EVENT. CABINET OFFICERS AND MEMBERS OF CONGRESS -- BRIEFED MEMBERS OF CONGRESS ON MAY 4 ABOUT THE SERIOUSNESS OF THIS EVENT. MAY 11, LOUISIANA REQUESTS EMERGENCY PERMISSION FROM THE FEDERAL GOVERNMENT TO DREDGE BARRIERS TO CONSTRUCT BERMS. NOW, WHEN I WAS ABOUT 18 YEARS OLD, I WORKED IN SOUTH LOUISIANA AND THE WHOLE ECOLOGY AND ECONOMY OF LOUISIANA IS DIRECTLY AFFECTED BY WHAT THEY CALL THE MARSHLANDS. THERE ARE LITERALLY THOUSANDS OF PEOPLE WHO MAKE THEIR LIVING BECAUSE THE MARSHLANDS IN LOUISIANA THRIVE TO BE BREEDING GROUNDS AND PRODUCING GROUNDS FOR NUMEROUS AMOUNTS OF SEAFOOD PRODUCTS. AND IN FACT, I WOULD VENTURE TO SAY THERE ISN'T ANYBODY WHO EATS SEAFOOD IN THE UNITED STATES AND HAVE DONE IT FOR ANY LENGTH OF TIME IN ALL OF THEIR LIFE HAS EATEN SEAFOOD THAT WAS PRODUCED AS A RESULT OF THE OVERALL ENVIRONMENT OF THE LOUISIANA COASTAL REGION, WHICH IS 99% MARSH. . MARSH IS DIFFERENT FROM A BEACH. A BEACH IS BAD. IF YOU HAVE THE GORGEOUS WHITE SAND BEACHES IN PENSACOLA, OR IN ALABAMA, MISSISSIPPI, OR FLORIDA. TAR BALLS ON THE BEACH THIS NASTY SLUDGE COMING INTO THE BEACH IS GOING TO BICY AND YUCKY AND NASTY IF YOU GET IT ON YOUR FEET, YOU HAVE TO CLEAN IT UP WITH ALCOHOL, IT CAN BURN YOU, TEAR YOU UP. BUT IF THAT COME INTO THE MARSH, IT CAN KILL, WILL KILL, PLANT LIFE, ANIMAL LIFE, AND OCEAN LIFE. SO WHEN THE GOVERNOR OF LOUISIANA, WHO WAS SO UNFAIRLY CRITICIZED HERE TONIGHT BY THE OPPOSITION, IF -- WHEN THE GOVERNOR SAID, LOOK, GUYS, AT LEAST AUTHORIZE SOME DREDGING TO PUT SOME SAND BARRIERS BETWEEN US AND -- BETWEEN OUR MARSH AND THAT -- THAT TERRIBLE SPILL THAT'S HEADED OUR DIRECTION, AND YET, WE WERE -- IT WASN'T UNTIL THE 27TH OF MAY THAT THE FEDERAL GOVERNMENT GRANTED LOUISIANA PARTIAL PERMISSION TO DREDGE SAND UP TO BUILD SORT OF AN ISLAND-TYPE BARRIER SO MAYBE THAT OIL WOULD HIT THE SAND AND NOT COME IN WHERE ALL THE PLANTS AND WILDLIFE AND THE SEA LIFE LIVES AND THRIVES AND FUNCTIONS. BUT THAT WAS ONLY 27 DAYS TOO LATE. THE 28TH OF MAY, THE PRESIDENT WENT DOWN AND LOOKED AT THE GULF -- HIS SECOND VISIT TO THE GULF STATES. THIS IS WHAT HE TOLD US, THE BUCK STOPS WITH ME. I AGREE WITH HIM. THE BUCK STOPS WITH THE PRESIDENT OF THE UNITED STATES AND NOW WE ARE HEARING PEOPLE SCREAM ABOUT A NATIONAL DISASTER, WHICH IT IS. AND THE PRESIDENT OF THE UNITED STATES' JOB WAS TO LEAD. AND LEAD MEANS GO OUT AND IF YOU HAVE TO, ROLL UP YOUR SLEEVES AND SUCK OIL OUT OF THE WATER. YOU NEED TO GET PEOPLE OUT THERE THAT ARE TAKING IT SERIOUSLY ENOUGH TO FOLLOW THE INSTRUCTIONS OF THE MAN ON THE GROUND, GOVERNOR JINDAL WHO SAID, IT'S NOT A SOLUTION, BUT IT SURE WOULD HELP IF THERE'S A BARRIER BETWEEN US AND THAT OIL. AND YOU SHOULDN'T -- HE SHOULDN'T HAVE HAD TO WAIT FOR THE FEDERAL GOVERNMENT TO HEM AND HAW AND SAY WE DON'T KNOW WHAT THAT SAND ISLAND YOU'RE GOING TO BUILD IS GOING TO DO TO THE OVERALL ENVIRONMENT OF SOUTH LOUISIANA. WHAT DOES IT MATTER? THE OIL IS GOING TO COME IN AND WREBLING IT, SO LET'S DIG UP THE SAND. BUT NO, WE HAD TO DELAY. ON THE 29TH OF MAY, BRITISH PETROLEUM DID ITS TOP KILL PLAN TO TRY TO STOP THE OIL AND IT FAIL. THE SECOND OF JUNE, THE OBAMA ADMINISTRATION FINALLY APPROVED LOUISIANA'S PLAN TO DREDGE AND TELLS B.P. TO PAY $360 MILLION FOR FIVE NEW BERMS. THE JUSTICE DEPARTMENT ANNOUNCED THAT CRIMINAL INVESTIGATION INTO THE EXPLOSION AND SPILL. THAT'S, LET'S SEE, ALL OF MAY AND 11 DAYS IN APRIL WHEN NOTHING OF SIGNIFICANCE TOOK PLACE. JUNE 14. SENATE DEMOCRATS WRITE B.P., CALLING ON THE COMPANY TO SET UP A $20 BILLION INDEPENDENT ADMINISTRATIVE -- ADMINISTERED ESCROW FUND TO COMPENSATE VICTIMS OF THE SPILL. JUNE 15, YESTERDAY, PRESIDENT OBAMA MAKES THE OVAL OFFICE SPEECH ON THE OIL SPILL AND USES THE CRISIS TO PUSH CLIMATE --CHANGE LEGISLATION. AND IF YOU HEARD WHAT OUR COLLEAGUES WERE TALKING ABOUT IN THE PREVIOUS ONE HOUR BEFORE THIS CONGRESS, THEY WERE TALKING ABOUT WHAT -- THAT WE NEED TO HAVE ALTERNATIVE FUELS TO REPLACE OIL. AND REPLACE PETROLEUM PRODUCTS. IN FACT, ALL CARBON PRODUCTS, COAL, OIL, NATURAL GAS. AND THEY TALKED TO YOU ABOUT THE SUBSIDIES AND OTHER THINGS. BUT THEY SHOW YOU ON THE CHART, AND YOU SEE THIS ONE RIGHT HERE? IT'S ALGAE. ALGAE IS GOING TO BE, WE'RE GOING TO HE RE-PLACE, NEXT YEAR, WE'RE GOING TO REPLACE ALL THE ENERGY PRODUCED BY OIL WITH ALGAE. IF YOU'LL PUT THE RESOURCES IN ALGAE. NO, BECAUSE IT WON'T. DID YOU SAY, LOOK AT THE WIND FARMS, THIS IS GOING TO REPLACE ALL THE ENERGY WE NEED TO CHARGE OUR ELECTRIC CARS SO WE DON'T EVEN HAVE TO RUN ON ANY KIND OF PETROLEUM PRODUCT AND THAT'S ALL WE NEED IS TO SUBSIDIZE THAT AND POUR MONEY INTO IT AND IT WILL REPLACE IT IN THE NEXT TWO YEARS WHY AM I USING THE TERM THE NEXT TWO YEARS? THE NOVET UNITED STATES HAS PUT A MORATORIUM ON THE GULF, ON -- THE PRESIDENT OF THE UNITED STATES HAS PUT A MORATORIUM ON THE GULF, ON DRILLING IN THE GULF, AND 17% OF OUR CONSUMPTION IN OIL AND OIL PRODUCTS, WHICH INCLUDES PLASTIC AND OTHER BYPRODUCTS OF OIL AND NATURAL GAS, ALL THOSE, 17% OF THAT A YEAR COMES FROM DEEP WATER DRILLING IN THE GULF OF MEXICO. SO IN TWO YEARS, THAT'S 34% OF OUR FUEL CONSUMPTION NATIONWIDE THAT'S GOING TO HAVE TO BE ACCOUNTED FOR BY SOMEBODY, IN SOME ALTERNATIVE FORM IF WE'RE GOING TO GIVE UP ON OIL AND GAS. ARE THERE ANY OF OUR ALTERNATIVES THAT ARE EVEN CLOSE TO REPLACING 34% OF OUR ENERGY CONSUMPTION IN THIS COUNTRY? NO. WILL THERE BE? MAYBE. BUT THE REALITY IS, WE GET UP IN THE MORNING, AND WE START OUR CARS AND WE DRIVE TO WORK AND GENERALLY, WE'RE BURNING GASOLINE OR DIESEL. ALL OF WHICH ARE PRODUCTS OF THE PETROLEUM INDUSTRY. AND IF YOU'RE NOT GOING TO USE GASOLINE OR DIESEL YOU BETTER HOOK A SAIL UP TO YOUR CAR AND HOPE THE WIND IS BLOWING TOWARD WORK OR YOU'RE NOT GOING TO WORK. SO THE REALITY IS, JUST CAVE IN ON AN INDUSTRY BECAUSE OF A TERRIBLE DISASTER IS LIKE SAYING, OH, MY GOD, A 747 WENT DOWN WITH 600 PASSENGERS, SHUT DOWN THE AIR INDUSTRY FOR THE NEXT SIX MONTHS. BUT HERE'S THE REALITY. THE REALITY IS, THIS SIX MONTH SHUT DOWN OF THE GULF IS ACTUALLY GOING TO BE A FIVE-YEAR SHUTDOWN OF THE GULF BECAUSE ONCE THEY PULL THOSE RIGS OUT OF THE GULF, WE'RE NOT GOING TO GET THEM BACK, IT'S ESTIMATED, FOR THREE TO FIVE YEARS. SO THE SIX MONTH MORATORIUM, IN EFFECT, SHUTS DOWN 17% OF OUR ENERGY PRODUCTION IN THIS COUNTRY. FOR FIVE YEARS. POTENTIALLY FOR FIVE YEARS. IT'S TIME TO BE REALISTIC AND SAY, WHAT'S THE BIG PROBLEM RIGHT NOW? AND IT'S THE OIL SPILL. WHAT'S THE -- WHY SIT A PROBLEM? BECAUSE OIL IS FLOATING AROUND ON OUR PRISTINE GULF OF MEXICO, IT IS MOVING FROM STATE TO STATE, IT'S EVENTUALLY GOING TO COME ASHORE SOMEPLACE, AND WHY AREN'T WE DOING EVERYTHING WE CAN TO BRING PEOPLE OVER HERE FROM ANYWHERE THAT WILL HELP AND SAY, WE'LL HELP. I'M GOING TO STOP, I'M GOING TO ADD ONE MORE THING. ON JUNE 16, PRESIDENT OBAMA MET WITH B.P. EXECUTIVES IN THE WHITE HOUSE. THAT'S TODAY HE GOT HIS $20 BILLION TO GO INTO ESCROW CROWE. BUT THE REALITY IS, WHERE HAVE WE BEEN, WHERE IS OUR LEAD -- WHERE HAS OUR LEADERSHIP BEEN OF THIS COUNTRY, THE PRESIDENT OF THE UNITED STATES AND THE ADMINISTRATION, WHEN THE OIL WAS SPILLING OUT OF THAT WELL? WHY DIDN'T WE ANSWER THE PHONE WHEN THE DUTCH SAID, THREE DAYS AFTER THE SPILL STARTED, WE'VE GOT A FLEET OF SKIMMERS THAT CAN COME AND HELP YOU SKIM OIL. WHY DIDN'T WE RESPOND? WHY DIDN'T WE SAY, WORLD, WE HELP YOU EVERY CHANCE YOU ASK US TO HELP YOU, GIVE US A HAND. ANYBODY WHOSE GOT RESOURCES THAT CAN SOAK UP OIL, PLEASE, BRING THEM TO THE UNITED STATES AND HELP US OUT. AND THAT KIND OF LEADERSHIP HAD TO COME FROM THE PRESIDENT OF THE UNITED STATES. AND THE WAVING OF THE ANTIQUE ACT CALLED THE JONES ACT HAD TO BE DONE BY THE PRESIDENT OF THE UNITED STATES. SO AS WE TALK ABOUT THIS DISASTER, LET'S START BY SAYING, WHAT'S OUR REAL PROBLEM, IMPOSED MAY MAKE THIS DISASTER EVEN WORSE. IT'S HARD TO IMAGINE IT BEING WORSE. THE GENTLEMAN TALKED ABOUT THE NEED TO BRING SKIMMERS AND OTHER CRAFT IN AND HE SPOKE ABOUT WAIVING THE JONES ACT WHICH PRESIDENT BUSH DID, I THINK, IN FOUR DAYS. AFTERWARDS WE HAVEN'T CALLED FOR A WAIVING OF THE JONES ACT, BUT WE COULD SUPPORT IT. IT PROBABLY SHOULD HAVE BEEN DONE. THERE HAVE BEEN OFFERS OF FOREIGN VESSELS. I WAS ABSOLUTELY DUMBFOUNDED ON SATURDAY, I RECEIVED AN URGENT EMAIL FROM THOSE WHO ARE INVOLVED IN AMERICAN -- WITH AMERICAN FLAG VESSELS, ONE OF THE LEADING MARITIME AND SHIP OWNERS, DOMESTICALLY FLAGGED, U.S. FLAG, WHO CONTACTED ME ON SATURDAY, THE MESSAGE JUST FLOORED ME. MR. MICA, OUR INDUSTRY THE AMERICAN FLAG INDUSTRY, DOESN'T MIND WAIVING THE JONES ACT, THE JONES ACT DOES PROTECT THE AMERICAN JOBS AND AMERICAN LABOR, AGAIN, WITH -- IT'S GREAT TO HAVE THOSE FLAG VESSELS WAIVE WITHING IT, IT'S DONE ON RARE OCCASIONS, EMERGENCIES AS PRESIDENT BUSH DID. BUT I WAS TOLD, INFORMED, THAT WE HAVE FLAGGED JONES ACT COMPLIANT VESSELS, AMERICAN FLAGGED VESSELS, WAITING, THIS PARTICULAR COMPANY, ONE OF THE LARGEST MARITIME COMPANIES IN THE UNITED STATES, AMERICAN FLAG, HAS BEEN WAITING FOR A CALL, THEY'VE BEEN WAITING FOR A CALL FROM THE DEPARTMENT OF HOMELAND SECURITY, FROM THE COAST GUARD, ANY FEDERAL AGENCY OR B.P., TO COME IN AND PROVIDE -- THEY HAVE VESSELS THAT CAN HELP, COULD BE HELPING IN THE CLEANUP, EVEN BEFORE WE EXEMPTED VESSELS, FOREIGN VESSELS TO COME IN ON THIS, AND WE HAD AN OFFER OF THAT FOR SOME TIME. I WAS SHOCKED, I SAID TO SECRETARY NAPOLITANO YESTERDAY, A LETTER AND I OUTLINED WHAT THE INFORMATION I GOT, I LEAD THE TRANSPORTATION COMMITTEE IN THE HOUSE ON THE REPUBLICAN SIDE, BUT I SAID, MADAM SPEAKER, -- I SAID, MADAM SECRETARY, THIS IS UNBELIEVABLE THAT NO ONE HAS I VAILED THEMSELVESES OF THE THE AMERICAN FLAGGED VESSELS WHO HAVE READY, WHO HAVE EQUIPMENT, WE SHOULD NOT BE ENGAGED IN FLORIDA OR OTHER STATES IN HAVING THAT OIL UP ON OUR SHORES, WE HAD THE CAPABILITY THAT'S NOT EVEN BEEN UTILIZED TODAY, SO THIS WAS MY LETTER MY PLEA TO THE SECRETARY, AND I'M SHOCKED AND DISAPPOINTED. THE OTHER THING IS TOO, THERE SEEMS TO BE A CONFLICT. LAST NIGHT WE HEARD THE PRESIDENT SAY THAT WE HAVE BEEN IN CHARGE. HE'S IN CHARGE, AS THE COMMANDER IN CHIEF, UNDER THE OIL SPILL RECOVERY ACT THAT WE PASSED IN 1990 AFTER EXXON VALDEZ, IT'S PRETTY CLEAR THE CHAIN OF COMMAND. BUT FAT ALLEN WHO IS IN CHARGE OF THIS, IN CHARGE OF THE SPILL CLEANUP, HE SAID THAT WE DO NOT HAVE THE CAPABILITY, THE UNITED STATES GOVERNMENT DOES NOT HAVE THE CAPABILITY. HE SAID THAT OVER AND OVER AGAIN , THAT THE PRIVATE SECTOR HAS THIS CAPABILITY. HERE AGAIN WE HAVE U.S. FLAG VESSELS THAT CAN DO THE CLEANUP, HAVEN'T GOTTEN THE CALL. STILL WAITING. THE JONES ACC, THEY COULD HAVE WAIVED AND ALLOWED THOSE WHO VOLUNTEERED ASSISTANCE WITH SKIMMERS AND OTHER EQUIPMENT THAT HAS NOT COME IN. SO, WHILE THERE ARE FOLKS IN THIS ADMINISTRATION WHO SAY THEY'RE IN CHARGE, THERE'S SOME DISCONNECT HERE IN GETTING THE EQUIPMENT, GETTING THE RESOURCES OUT THERE. IN FACT, THE PRIVATE SECTOR HAS BEEN IN CHARGE AND THIS IS THE FIRST TIME THE PRESIDENT HAS MET WITH THEM. I WAS DUMB FOUNDED TOO TODAY AND I THINK JUDGE CARTER WAS IN THAT MEETING AND OTHER MEMBERS ON OTHER SIDE OF THE AISLE, WHEN WE HEARD THE GULF COAST DELEGATION SAY THEY HAVE REQUESTED BUT NOT YET MET WITH THE PRESIDENT OF THE UNITED STATES. IT'S HARD TO BELIEVE THE PRESIDENT WOULD NOT MEET WITH THE ELECTED REPRESENTATIVES OF THE GULF COAST STATES TO SIT DOWN. AND THEN TIME AN AGAIN WE HEARD IN THE REVIEW THAT TOOK PLACE TODAY OF REQUESTS, SIMPLE REQUESTS FOR BURNS TO STOPPLE THE OIL COMING INTO THE MARSHES, A SIMPLE REQUEST TO ACT NOW BEFORE OR SOONER RATHER THAN LATER AND WE'VE SEEN THE RESULTS OF NOW THAT OIL MAKING ITS WAY TOWARDS THE FLORIDA SHORES AND DOING EVEN MORE DAMAGE. SO, IF IN FACT THE PRESIDENT IS IN CHARGE, WE NEED TO FREE THESE VESSELS, EMPLOY EVERY MEANS POSSIBLE TO KEEP THIS DISASTER FROM GOING FURTHER. ONE OTHER THING I DISAGREE WITH AND THE PRESIDENT, NOW, I KNOW IT'S IMPORTANT TO ACT AND HE DID ACT IN IMPOSING A MORATORIUM. BUT I THINK WHAT THEY TRIED TO DO AND I THINK HE REVISED THAT MORATORIUM TO NOT AFFECT THE 3,500 SHALLOW WATER DRILLING SITES, BUT IT IS CLOSING DOWN THE DEEP WATER DRILLING SITES. AND SOME OF THOSE ARE EXPLORATION SITES AND IN FACT THEY PROBABLY SHOULD BE CLOSED UNTIL WE HAVE ASSURANCES THAT FUTURE DEEP WATER DRILLING CAN BE DONE. MY POINT HERE IS THAT BY CLOSING ALL OF THEM DOWN WITH A BLANKET MORATORIUM, WE ARE PUTTING MORE PEOPLE OUT OF WORK, TAKING A HORRIBLE SITUATION AND MAKING IT WORSE. WE WILL HAVE EVEN MORE PEOPLE UNEMPLOYED. SO I THINK THE LOGICAL, REASONABLE APPROACH WOULD BE TO SEND INSPECTORS IN, HIRE, RETAIN, WHATEVER WE NEED, HAVE GOVERNMENT OFFICIALS GO IN AND SEE THAT THE DEEP WATER DRILLING THAT IS TAKING PLACEE WHERE THEY ACTUALLY HAVE THE WELL IN PRODUCTION, WHICH I THINK IS ABOUT HALF OF THE APPROXIMATELY 30 DEEP WATER WELLS THAT ARE OUT THERE, WE DON'T WANT TO MAKE THIS SITUATION WORSE ECONOMICALLY FOR THOSE THAT HAVE LOST THEIR JOB, SEEN THEIR BUSINESS CLOSE DOWN, OR AGAIN SEE THOUSANDS OF PEOPLE PUT OUT OF WORK BY THE WRONG APPROACH. SO, A REASONABLE APPROACH. FIRST WE GET EVERY PIECE OF EQUIPMENT, WHETHER IT'S U.S. OR FOREIGN FLAGGED THERE. LET'S GET THIS -- THIS CAN BE CLEANED UP. THIS IS A DOABLE JOB WITH BOTH U.S. VESSELS THAT HAVE BEEN WAITING TO HEAR THAT CALL FROM THE ADMINISTRATION AND THEN SECONDLY LET'S ALSO BE REASONABLE IN THE MORATORIUM. I HAVE BEEN A STRONG ADVOCATE OF KEEPING THE U.S. INDEPENDENT AND FREE AS MUCH AS WE COULD, DRILL WHERE IT'S SAFE, MY STATE OF FLORIDA I HELPED ON 100-MILE SETOFF YEARS AND YEARS AGO, I THOUGHT THAT WAS REASONABLE. BUT YOU KNOW, IT ALWAYS MAY OR MAY NOT MAKE A DIFFERENCE. BECAUSE THIS WAS ONLY 45 MILES OFF THE COAST OF LOUISIANA, AS WE'VE SEEN. THE OTHER THING WE NEED TO DO IS HAVE A GOOD BACKUP SYSTEM. WE SHOULDN'T BE RUBBERSTAMPING APPROVALS THAT ANY COMPANY, WHETHER THE B.P. OR ANYONE ELSE. B.P. IN FEBRUARY OF 2009 GAVE THIS, AND THIS IS A COPY OF IT, THIS IS THE PLAN FOR THEIR EXPLORING THAT SITE AND DOING AN EXPLORATION WELL, A DEVELOPMENT WELL. THIS PLAN WAS SUBMITTED IN MARCH OF 2009, OVER A YEAR AGO. AND THIS IS THE ONE-PAGE APPROVAL. I GOT A COPY OF THIS BEFORE OUR TRANSPORTATION COMMITTEE HEARING JUST BEFORE IT TOOK PLACE. THIS IS THE ONE-PAGE CART BLANCH ABROLVE. I DON'T THINK SOME OF THE PEOPLE IN THE MINERALS MANAGEMENT SERVICE EVEN READ THIS 59-PAGE REQUEST AND WE'VE HEARD HEARINGS LATELY AS TO THE FAILURES OF B.P. TO OUTLINE A GOOD, SOLID PROPOSAL. THIS PROPOSAL IS THE BASIC PLAN FOR DRILLING THAT B.P. SUBMITTED AND IT ALSO REFERS TO A MUCH BIGGER DOCUMENT AND THAT'S THE ACTUAL 500-PLUS PAGE-PAGE DOCUMENT THAT DETAILS ALL OF THE SPILL CLEANUP PROCEDURES THAT B.P. WOULD EMPLOY. THAT WAS ALSO RUBBER STAAPED WITH THIS APPROVAL, THIS ONE-PAGE APPROVAL. SO THIS WAS DONE BY THE OBAMA ADMINISTRATION WITH PEOPLE SLEEPING AT THE SWITCH OR NOT PAYING ATTENTION. WHAT'S SHOCKING AND I HEARD FORMER GOVERNOR PALIN TELL THE COUNTRY THIS, PEOPLE SHOULD LISTEN TO GOVERNOR PALIN ON THIS, WHEN SHE WAS THE GOVERNOR SHE WAS TOUGH ON THE OIL COMPANIES. NO ONE PASSED ANYTHING BY HER. SHE CRACKED DOWN ON THEM, MADE SURE THEY TOED THE LINE. WHAT WAS INTERESTING WITH IS GOVERNOR PALIN TOLD WHAT THEY DID, SHE SAID, THIS NEVER WOULD HAVE HAPPENED, THIS KIND OF APPROVAL IN HER STATE, BECAUSE THERE WOULD HAVE BEEN MORE SCRUTINY. THE PLAN THAT B.P. OFFERED IN ADDITION WITH THIS 59-PAGE, THE 500-PAGE CLEANUP PLAN, IT LOOKS LIKE B.P. MIRRORED THE ALASKA PLAN. IT TOLD HOW THEY WERE GOING TO DEAL WITH CLEANING UP SALE AND POLAR BEARS. NONE OF WHICH I'VE SEEN IN THE GULF OF MEXICO. SO, AGAIN, THE MINERALS MANAGEMENT SERVICE WAS ASLEEP AT THE SWITCH. WHAT'S FINALLY STARTLING IS TWO THINGS. ONE, I GOT -- I HAD OUR TRANSPORTATION INFRASTRUCTURE COMMITTEE GET A COPY OF THE PRESIDENT'S BUDGET. THIS IS THE OBAMA BBDGET, NOT DOCTORED, I HAVE THE EXACT PAGES AND COVER COPY OF THE BUDGET. AND IN FEBRUARY OF THIS YEAR, BEFORE THIS OIL SPILL, THE PRESIDENT SUBMITTED A BUDGET TO OUR T&I COMMITTEE, TRANSPORTATION AND INFRASTRUCTURE, THAT OVERSEES THE COAST GUARD, TO SLASH THE COAST GUARD, OUR FIRST RESPONDERS BY $1 -- 1,100 POSITIONS. IN ADDITION HE WANTED TO DEMISSION AND TAKE OUT OF SERVICE SHIPS, HELICOPTERS, AIRCRAFT, ALL WHICH ARE NECESSARY FOR OUR FIRST RESPONDERS. I REMEMBER WHEN MY RANKING MEMBER ON THE COAST GUARD COMMITTEE WITHIN OUR TRANSPORTATION COMMITTEE, WHEN WE HEARD ABOUT THIS, WE SENT OUT THIS PRESS RELEASE, THIS IS IN FEBRUARY, AFTER THE PRESIDENT HAD RECOMMENDED CUTTING OUR FIRST RESPONDERS, WE SAID, WELL, WE SAID THE OUTRAGEOUS, WE SAID, THIS IS A RECIPE FOR DISASTER. AND THIS IS DATED FEBRUARY 25, AFTER WE GOT THIS. THEN STARTLING IN THIS ALSO, IF YOU LOOK A LITTLE BIT FURTHER IN THE BUDGET, NOT UNDER OUR PURR VIEW, BUT OUR STAFF FOUND THIS, IT THAT THE MINERALS MANAGEMENT SERVICE THAT THE PRESIDENT TALKED ABOUT LAST NIGHT AND HOW WE NEED TO CLEAN THAT UP AND EVERYTHING, IN HIS BUDGET THAT HE PROPOSED TO CONGRESS, HE PROPOSED SLASHING THE ENVIRONMENTAL REVIEW AGENCY WITHIN THAT OR ACTIVITIES WITHIN THAT AGENCY BY $2 MILLION. A PRETTY DRAMATIC CUT FOR SOMEONE WHO HAS TO REVIEW, AGAIN, THAT THE PRIVATE SECTOR SUBMITS THEIR PLAN, SLASHING THAT PLAN. I THOUGHT THIS WAS JUST UNBELIEVABLE. AND FINALLY, THIS IS IF IN FEBRUARY, IN MARCH THE PRESIDENT CAME OUT AND THIS IS THE STORY IN "THE NEW YORK TIMES" AND IT SAID THAT WE HAVE TO INCREASE DRILLING IN THE GULF. THIS DIDN'T MAKE IT UP, THE "THE NEW YORK TIMES." OBAMA OPENED OFFSHORE AREAS TO OIL DRILLING, IT SAYS RIGHT HERE, THE GULF. SO, FIRST HE'S SLASHING FIRST RESPONDERS, THEN HE'S NEXT PROPOSING SLASHING THE AGENCY THAT DOES THE ENVIRONMENTAL REVIEWS, THE REVIEW, AGAIN, THE OIL COMPANIES PRESENT THAT TO THE MINERAL MANAGEMENT SERVICE. THEY REVIEW IT, I SHOWED YOU THE RUBBER STAMP APRIL 6 THAT THEY APPROVED IT. AND THEN FINALLY AGAIN THE MAIN THING NOW WITH CLEANING THIS MESS UP, AND WE'VE GOT TO EMPLOY EVERYONE WE CAN, EVERY PIECE OF EQUIPMENT, BE IT DOMESTIC OR FOREIGN, KEEP THAT FROM COMING IN. THIS IS A DOABLE JOB, WHEN GOVERNORS ASK TO TAKE STEPS, THE SOLUTION DOESN'T NEED TO BE CAUGHT UP FOR WEEKS IN APPROVALS AND AGENCIES. IT SHOULDN'T BE WHY WE CAN'T DO SOMETHING, IT SHOULD BE HOW CAN WE GET THIS ACCOMPLISHED? WE'VE GOT PEOPLE AROUND THE COAST WHOSE LIVELIHOOD NOW DEPENDS ON THIS. WE CAN'T LET THIS DISASTER THAT'S ALREADY DONE A GREAT DAMAGE TO OUR ECONOMY, WE HAVE AN INCREDIBLE LOSS OF LIFE THAT WE'VE SEEN AND AGAIN WE EMPATHIZE WITH THOSE WHO HAVE LOST LOVED ONES IN THIS TRAGEDY, BUT WE CAN'T MAKE A HORRIBLE TRAGEDY EVEN WORSE. I THANK JUDGE CARTER, MY COLLEAGUE, THE GENTLEMAN FROM TEXAS, I SEE WE ALSO HAVE ANOTHER OUTSTANDING MEMBER OF OUR TRANSPORTATION AND INFRASTRUCTURE COMMITTEE, MR. OLSON, ALSO, A THE GENTLEMAN FROM TEXAS. I THANK YOU FOR COMING OUT TONIGHT, SHARING WITH THE CONGRESS, THE HOUSE OF REPRESENTATIVES, AND OUR COLLEAGUES SOME OF THE FACTS AND INFORMATION THAT NEEDS TO GET OUT TO THE PUBLIC SO THAT WE CAN GET THIS MESS BEHIND US. THANK YOU SO MUCH AND I'LL YIELD BACK.

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  • 07:28:24 PM

    MR. CARTER

    BEFORE YOU YIELD BACK, WOULD YOU TELL US A LITTLE BIT ABOUT YOUR OIL SPILL…

    BEFORE YOU YIELD BACK, WOULD YOU TELL US A LITTLE BIT ABOUT YOUR OIL SPILL LIABILITY FUND IMPROVEMENT ACT?

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  • 07:28:33 PM

    MR. MICA

    YOU RIGHT NOW, WE'RE OPEN TO SUGGESTIONS. WE ARE LOOKING AT TRYING TO BE…

    YOU RIGHT NOW, WE'RE OPEN TO SUGGESTIONS. WE ARE LOOKING AT TRYING TO BE REASONABLE IN WHATEVER WE DO. TO JUST IMPOSE AN UNLIMITED CAPS ON LIABILITY COULD BE A VERY SERIOUS AND DANIEL -- DAMAGING MEASURE. FIRST OF ALL, LET ME SAY, I BELIEVE THAT B.P. MUST BE HELD ACCOUNTABLE, FULLY ACCOUNTABLE, AND CERTAINLY THAT COMPANY HAS THE RESOURCES. THEY MUST BE RESPONSIBLE FOR THE CLEANUP, THEY MUST ALSO BE -- EVEN THOUGH THERE'S A LIMIT UNDER THE CURRENT 1990 STATUTES OF $75 MILLION, THEY MUST BE HELD ACCOUNTABLE FAR BEYOND THAT FOR ECONOMIC DAMAGES. WHAT WE DON'T WANT TO SEE IS THAT WE MAKE THE TERMS FOR LIABILITY, SAY A HIGH, THAT ONLY A FEW MULTINATIONAL CORPORATIONS WILL EVER BE IN THE OIL BUSINESS. PRODUCERS IN TEXAS AND THROUGHOUT THE GULF, THERE ARE THOUSANDS OF PEOPLE IN BUSINESS THAT DO A GOOD JOB DAY IN AND DAY OUT. 3,500 TO 3,600 I BELIEVE ACTIVE RIGS IN THE GULF ARE SHALLOW WATER, BUT THEY SHOULDN'T BE PENALIZED BY THE FAILURE OF GOVERNMENT, BY THE FAILURE OF A BIG CORPORATION. LET'S HOLD THEIR FEET TO THE FIRE. SO WE'RE GOING TO WORK WITH THE DEMOCRATS, WE'RE GOING TO WORK WITH THE ADMINISTRATION, WE'RE GOING TO TRY TO CRAFT SOMETHING THAT IS FAIR AND REASONABLE, HOLDS PEOPLE ACCOUNTABLE, HOLDS THEIR FEET TO THE FIRE. THE CURRENT THING THAT WE HAVE SHOULD NOT BE JUST THE SLUSH FUND OR FINANCING THE CLEANUP FOR B.P. OR ANY BIG COMPANY. THAT WAS ACTUALLY SET UP FOR ORPHAN SPILLS OR FOR A COMPANY THAT DOESN'T -- THAT MAY NOT HAVE THE ASSETS THAT WAS RESPONSIBLE FOR A SPILL. WE WANT THAT FOUNT CONTINUE TO WORK WE MAY NEED TO BE SURE WE HAVE COVERAGE FOR THE FUTURE. WHAT WE DON'T WANT TO DO, WHETHER IT'S BY THE MORATORIUM OR BY PUTTING IN INSURANCE AND LIABILITY LIMITS THAT ARE SO HIGH THAT VERY FEW PEOPLE CAN MEET THOSE REQUIREMENTS. SO WE'RE CRAFTING THAT LEGISLATION, WE WANT TO DO IN IT A BIPARTISAN MANNER. THE LAW DOES NEED TO BE ALTERED. WE SHOULD LEARN AND WE SHOULD BENEFIT BY THIS HORRIBLE EXPERIENCE AND MAKE IT BETTER AND MAKE CERTAIN IT DOESN'T HAPPEN AGAIN. THANK YOU FOR, AGAIN, YOUR LEADERSHIP AND ASKING ME TO PARTICIPATE TONIGHT.

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  • 07:31:33 PM

    MR. CARTER

    I THANK THE GENTLEMAN FOR WHAT HE'S HAD TO SAY. I WANT TO TELL YOU MY WIFE…

    I THANK THE GENTLEMAN FOR WHAT HE'S HAD TO SAY. I WANT TO TELL YOU MY WIFE A DUTCH. I TOOK A LITTLE OFFENSE AT THE FACT THAT WE HAD AN OFFER OF HELP FROM THE DUTCH OF A FLEET OF SKIMMERS AND IT'S MY UNDERSTANDING WE GAVE NO RESPONSE, MAYBE THAT'S DIFFERENT, I'M LIKE WILL ROGERS, ALL I KNOW IS WHAT I READ IN THE NEWSPAPERS. NOW I'M MORE UPSET WHEN I FIND OUT WE HAVE AMERICAN-FLAGGED SHIPS WAITING IN HARBOR TO HELP AND NO ONE HAS ASKED FOR HELP. THE LEADERSHIP THAT RUN THIS IS COUNTRY, THE EXECUTIVE BRANCH, SHOULD BE ASHAMED OF YOURSELF.

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