| 00:00:00 | CHAIR WILL PUT THE QUESTION OF CONSIDERATION AS THE STATUTORY MEANS OF DISPOSING OF THE POINT OF ORDER. |
| 00:00:06 | THE CHAIR RECOGNIZES THE GENTLEMAN FROM ARIZONA. |
| 00:00:09 | MR. FLAKE: MR. |
| 00:00:10 | SPEAKER, I RAISE -- RISE TODAY IN OPPOSITION TO THIS TAX PACKAGE THAT THE HOUSE WILL CONSIDER SHORTLY. |
| 00:00:16 | IT MAY NOT BE UNFUNDED MANDATES PER SE IN THE BILL BUT THIS WILL IMPOSE A BURDEN ON STATES AND LOCAL GOVERNMENTS AND EVERYONE ELSE HERE. |
| 00:00:24 | AND PARTICULARLY IT WILL ADD A HUGE BURDEN TO OUR KIDS AND GRANDKIDS BECAUSE WE ARE BORROWING HUNDREDS OF BILLIONS OF DOLLARS. |
| 00:00:33 | WE'LL WILL DIRECTLY TO THE DEFICIT AND DIRECTLY TO OUR $14 TRILLION NATIONAL DEBT. |
| 00:00:40 | ON NOVEMBER 2, I THINK WE GOT A PRETTY GOOD MESSAGE FROM THE TAXPAYERS. |
| 00:00:43 | THEY WANTED US TO STOP RUNNING DEFICITS AND START PAYING DOWN THE DEBT. |
| 00:00:48 | YET BEFORE WE EVEN GET TO THE NEW YEAR, JUST WEEKS AWAY FROM THE ELECTION, HERE WE ARE ADDING HUNDREDS OF BILLIONS OF DOLLARS TO THE DEFICIT AND TO THE DEBT. |
| 00:01:03 | . THIS COMPROMISE SHOWS THAT WASHINGTON JUST DOESN'T GET IT YET. |
| 00:01:07 | WE SIMPLY DIDN'T GET THE MESSAGE WE WERE SUPPOSED TO ON NOVEMBER 2. |
| 00:01:11 | I DO SUPPORT THE EXTENSION OF THE 2001 AND 2003 TAX CUTS THAT WERE ENACTED, AND WE ALSO HAVE TO FIND A REMEDY FOR THE DEATH TAX, BUT WE GOT TO DO IT IN A DIFFERENT WAY THAN THIS. |
| 00:01:25 | CONGRESS CAN TAKE SWIFT ACTION TO ENSURE THAT TAXES DON'T GO UP, BUT WE SHOULDN'T BE ADDING THE OTHER ITEMS THAT WE'RE DOING HERE. |
| 00:01:34 | IT'S TAKEN ON THE SEASONAL THEME AGAIN, OF COURSE. |
| 00:01:36 | IT'S BECOME A CHRISTMAS TREE. |
| 00:01:38 | I'LL EXPLAIN A FEW OF THE ITEMS IN IT. |
| 00:01:42 | BUT IT JUST NOTES MORE THAN ANYTHING THAT WE HAVEN'T GOT THE MESSAGE, THAT WE ARE GOING ABOUT THINGS THE SAME WAY WE ALWAYS HAVE. |
| 00:01:52 | LET ME TAKE ONE THING HERE, ETHANOL. |
| 00:01:55 | WE'VE BEEN SUBSIDIZING ETHANOL NOW FOR NEARLY 30 YEARS. |
| 00:01:59 | IT'S ABOUT A $6 BILLION A YEAR SUBSIDY. |
| 00:02:04 | THEY HAVE -- THE TRIFECTA, THE ETHANOL INDUSTRY. |
| 00:02:07 | WE MANDATE ITS USE. |
| 00:02:09 | WE IMPOSE TARIFFS TO IMPORTS TO MAKE SURE THAT WE CAN COMPETE AND THEN WE SUBSIDIZE AS WELL, AND WE'RE GOING TO CONTINUE TO DO ALL THOSE THINGS HERE FOR AN INDUSTRY THAT SHOULD BE MATURE THIS TIME BUT IT'S CONTINUING TO GET SUBSIDIES. |
| 00:02:27 | HOW IN THE WORLD THAT BELONGS AS PART OF THIS TAX PACKAGE, I'LL LEAVE THE VOTERS TO DECIDE. |
| 00:02:37 | BUT IT JUST SHOWS WE HAVEN'T CHANGED. |
| 00:02:39 | WHEN ARE WE GOING TO WAKE UP TO THE FACT THAT WE CAN'T CONTINUE TO DO BUSINESS LIKE THIS ANYMORE? |
| 00:02:45 | WITH REGARD TO ETHANOL, ONE OF THE FORMER BACKERS WAS FORMER VICE PRESIDENT AL GORE. |
| 00:02:50 | HE SAID THE OTHER DAY, QUOTE, ONE OF THE REASONS I MADE THIS MISTAKE, THIS MISTAKE BEING SUPPORTING THE SUBSIDIZED -- THE SUBSIDIZING OF ETHANOL, IS THAT I PAID PARTICULAR ATTENTION TO THE FARMERS IN MY HOME STATE OF TENNESSEE AND I HAD A CERTAIN FONDEST FOR THE FARMERS IN THE STATE OF IOWA BECAUSE I WAS ABOUT TO RUN FOR PRESIDENT. |
| 00:03:11 | THAT'S A PRETTY CANDID ADMISSION. |
| 00:03:16 | AND BECAUSE WE HAVE ETHANOL IS BECAUSE ALL PRESIDENTIAL CAMPAIGNS BEGIN IN IOWA. |
| 00:03:21 | THAT'S NO REASON TO SADDLE THE COUNTRY WITH THIS BURDEN AND ALSO THE NEGATIVE IMPACT ON THE ENVIRONMENT ARE HUGE AND GROWING FROM ETHANOL, YET, WE CONTINUE TO DO IT JUST TO BUY A COUPLE OF VOTES TO GET THIS TAX BILL OVER THE TOP. |
| 00:03:33 | WITH THAT I RESERVE THE BALANCE OF MY TIME. |
| 00:03:36 | THE SPEAKER PRO TEMPORE: THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. |
| 00:03:39 | DOES THE GENTLELADY FROM NEW YORK RISE IN OPPOSITION? |
| 00:03:41 | MS. |
| 00:03:42 | SLAUGHTER: I DO, MR. SPEAKER. |
| 00:03:43 | THE SPEAKER PRO TEMPORE: THE GENTLELADY IS RECOGNIZED. |
| 00:03:45 | MS. SLAUGHTER: I YIELD MYSELF SUCH TIME AS I MAY CONSUME. |
| 00:03:47 | THE SPEAKER PRO TEMPORE: THE GENTLELADY IS RECOGNIZED. |
| 00:03:49 | MS. |
| 00:03:50 | SLAUGHTER: I MUST SAY THAT I UNDERSTAND THE POINT OF THE GENTLEMAN. |
| 00:03:52 | I THINK SPENDING THIS KIND OF MONEY, OVER $700 BILLION OVER 10 YEARS WITH 6,600 FAMILIES |
Loading...