House Proceeding on Oct 2nd, 2008 :: 1:06:23 to 1:26:23
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1:04:50 to 1:06:23( Edit History Discussion )
Speech By: Chris Cannon

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Chris Cannon: that we are about to finally provide this benefit to our veterans. but i am troubled it has taken us so long to do so. on april 14, 2005, the house considered s. 256, the bankruptcy, abuse, prevention

1:06:23 to 1:07:45( Edit History Discussion )
Speech By: Zoe Lofgren

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Zoe Lofgren: and consumer protection act of 2005, which was a much-needed and very responsible reform. then in the minority, my colleague, ms. schakowsky, offered a motion to recommit so that the bill

1:06:37 to 1:06:49( Edit History Discussion )

Zoe Lofgren: would allow targeted exemption from our stricter bankruptcy means test for those national guard and reservists whoave been called up after 9/11. at the time of the floor debate, i was told by

1:06:49 to 1:07:01( Edit History Discussion )

Zoe Lofgren: the republican floor manager that the schakowsky motion was redundant, that there was already such protection for our national guard and reservists under the service members civil relief act. because

1:07:01 to 1:07:16( Edit History Discussion )

Zoe Lofgren: of this, i voted against the motion. and it failed on a party line vote 2,000 -- excuse me -- 220 yeas and 229 nays. i soon found out, however, that i and other republican msnbc had been

1:07:16 to 1:07:29( Edit History Discussion )

Zoe Lofgren: misinformedd . apparently to prevent the then minority from having any legislative success. when i found out there was no adequate protection for our returning reservists and guardsmen, i pledged

1:07:29 to 1:07:45( Edit History Discussion )

Zoe Lofgren: to work with my colleague, ms. schakowsky, to make it right. subsequently, i introduced legislation to amend the bankruptcy law. pt this measure, of course, isn't costing any -- well, maybe

1:07:45 to 1:08:02( Edit History Discussion )

Chris Cannon: it cost a few, but probably not any federal dollars. new federal dollars. there's no big spending involved in this. there is no ma ssive appropriation needed. all it is is a consideration

1:08:02 to 1:08:18( Edit History Discussion )

Chris Cannon: for these people who have risked their lives for us and are coming home. but my party cldn't get itself to provide for consideration for our homecoming heroes even though there wasn't a e major cost

1:08:18 to 1:08:31( Edit History Discussion )

Zoe Lofgren: involved. thus, my legislation didn't ever get to the floor. in the meantime, party control of the house changed and ms. schakowsky and i have been working diligently to get this legislation to

1:08:31 to 1:08:47( Edit History Discussion )

Zoe Lofgren: the floor and get it passed into law. the senate passed the bill by y uke on tuesday and we are now -- by unanimous consent on tuesday, and we are now debating this under suspension. this

1:08:47 to 1:09:02( Edit History Discussion )

Chris Cannon: has widespread support and it should have been voted on and accepted a long time ago. s. 3197, introduced by senator durbin in the senate, has bettered the bill in several ways. often it will

1:09:02 to 1:09:42( Edit History Discussion )

Dennis J. Kucinich: take several months for a service member to gain an understanding of his or her financial situation after returning home. so this bill expands the time of eligibility to a year and a half after

1:19:28 to 1:23:28( Edit History Discussion )
Speech By: Gwen Moore

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Gwen Moore: the service member has been released from active duty. and because more information is needed, this bill requires the comptroller general to study and report to congress on the number of service

1:19:38 to 1:19:53( Edit History Discussion )

Gwen Moore: members who will be using this exemption and the number of service members who are substantially or materially involved in bankruptcy cases because of their service. i encourage my colleagues who

1:19:53 to 1:20:09( Edit History Discussion )

Gwen Moore: voted no on the motion to recommit three years ago to vote in favor of this legislation today. this bill is not a wedge to reopen the bankruptcy rules. rather, it is a narrow targeted change modeled

1:20:09 to 1:20:28( Edit History Discussion )

Gwen Moore: after existing exemptions for disabled veterans who are america's heroes. this is targeted at those american heroes throughout our country who are called up for deployment and are now returning

1:20:28 to 1:20:38( Edit History Discussion )

Gwen Moore: home. re this bill would ensure that america's heroes throughout our country, who have often been called up for deployment, and these deployments have been far longer than they ever initially

1:20:38 to 1:20:51( Edit History Discussion )

Gwen Moore: thought they would be called up for, they would not pay a high personal cost for their absence and their willingness to step forward and defend our -- and defend our country. as my colleague,

1:20:51 to 1:21:04( Edit History Discussion )

Gwen Moore: ms. schakowsky, put it, these service members have put their lives and livelihood on the line for us and we owe them a great debt. this is one way that we can show our deep appreciation for

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Gwen Moore: the service that these people have given to us protecting our families and the service they provided our country. now is the time for us to repay that debt in a very bipartisan way, whi

1:21:16 to 1:21:30( Edit History Discussion )

Gwen Moore: should have been in play on the floor of this house all along. and when it wasn 't three years ago, ms. schakowsky and i have finally made up for that bit of partisanship at the expense of

1:21:30 to 1:21:42( Edit History Discussion )

Gwen Moore: our homecoming heroes that happened over three years ago. so today i ask my colleagues to join ms. schakowsky and myself. i thank all of those involved who's helped us along the way, and

1:21:42 to 1:21:54( Edit History Discussion )

Gwen Moore: i ask my colleagues to support this measure. thank you. the speaker pro tempore: the gentleman from michigan. mr. conyers: mr. speaker, how much time remains? the speaker pro tempore: the gentleman

1:21:54 to 1:22:08( Edit History Discussion )

Gwen Moore: from michigan has eight minutes remaining. the gentleman from utah has 5 1/2 minutes remaining. mr. conyers: i yield now all but one minute to the distinguished gentleman from ohio, a member

1:22:08 to 1:22:22( Edit History Discussion )

Gwen Moore: not always heard on the floor, dennis kucinich. the speaker pro tempore: did the gentleman say seven minutes ? how much time is the gentleman yielding? mr. conyers: all but one minute.

1:22:22 to 1:22:34( Edit History Discussion )

Gwen Moore: the speaker pro tempore: the gentleman is recognized for seven minutes. mr. conyers: will the gentleman yield to me? mr. kucinich i will. mr. conyers: we keep saying that the gentleman from utah

1:22:34 to 1:22:48( Edit History Discussion )

Gwen Moore: is on the floor for the last time, but the last time always becomes one more time.im i want him specifically remembered for the cooperation and leadership he gave in thee committee and

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Gwen Moore: on the floor in terms of broadband legislation, the credit card interchange considerations, the very complex issues of immigration, on literally all of thely civil liberties issues that have come

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Gwen Moore: before us, and internet gambling. he's given us his attention and helpfulness. we appreciate it so very, very much, chris. i thank the gentleman for yielding. mr. kucinich: i thank the

1:23:16 to 1:23:28( Edit History Discussion )

Gwen Moore: gentleman for his generosity with the time and thank my colleagues on both sides of the aisle for their support of s. 3197, which will help those who serve this country save their home and save

1:23:28 to 1:30:01( Edit History Discussion )
Speech By: Judy Biggert

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Judy Biggert: what they work a lifetime for. it is a very poignant that we could come to this bill at this moment when we understand the importance of helping those who serve this country save their

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Judy Biggert: homes. because actually it does lead to that larger question because we are all intuned now to the fact that millions of americans , including those who serve this country, through no fault of

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Judy Biggert: their own are finding their homes at risk. millions of americans. and unfortunately despite the best efforts o f people on both sides of the aisle, congress will have -- the house will have

1:24:08 to 1:24:21( Edit History Discussion )

Judy Biggert: deliver to it a bill from the senate that does not directly address that question. because unless this country takes a controlling interest, unless the secretary of the treasury will take a controlling

1:24:21 to 1:24:37( Edit History Discussion )

Judy Biggert: interest in thesein mortgage-backed securities so they can negotiate on behalf of the homeowners to reduce their exposure to losing their home, this bill will be for not. let's keep in mind that

1:24:37 to 1:24:55( Edit History Discussion )

Judy Biggert: a central premise of the american a dream is owning a home. we understand that for our soldiers, and we should do something here. . we also need t o understand that all over this country

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Judy Biggert: there are people watching these debates and wondering are we going to do something to help them save their home? because that's what we ought to be doi ng. the way we can do it, mr. chairman,

1:25:15 to 1:25:30( Edit History Discussion )

Judy Biggert: is that instead of taking a strategy that assumes that the trickle will get down from the top by giving $700 billion to wall street, we instead focus on creating a solution for the homeowners and

1:25:30 to 1:25:42( Edit History Discussion )

Judy Biggert: know that then the money will begin to percolate up to the banks and back to wall street. instead of assuming the government gives the money to wall street, goes to the banks, and gets to the people.

1:25:42 to 1:25:58( Edit History Discussion )

Judy Biggert: not under the bill that the senate is sending over here. so what we want to do -- mr. cannon: would the gentleman yield? mr. kucinich: we want to do everything we can for our soldiers. and we should.

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Judy Biggert: we need to understand that looming here is a -- is one of the biggest challenges we have seen in american history to the concept of homeownership. home is core. home is central. home relates

1:26:10 to 1:26:24( Edit History Discussion )

Judy Biggert: to everything that we are all about. but home is in jeopardy here in the united states of ameitrica. millions of mortgages are headed towards default. millions of americans are in danger of