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Senate Proceeding on Feb 13th, 2009 :: 7:20:05 to 7:40:05
Total video length: 9 hours 27 minutes Stream Tools: Stream Overview | Edit Time

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Jeff Sessions

7:19:52 to 7:20:06( Edit History Discussion )

Jeff Sessions: and coming on housing -- and that kind of thing -- because no housing benefit is in thi this endangers our heritage. it is not a little by thety matter. i'm proud of my -- it is not little bitty matter.

John McCain

7:20:07 to 7:20:29( Edit History Discussion )

John McCain: i'm proud of my colleagues who said i hope yet that it might fail. i yield the floor and balance of my time. the presiding officer: who yields time? the senator from arizona. mr. mccain: what's th bothw? sides? the presiding officer: the proponents. legislation have 3 1/2 minutes, the opponents have 8 1/2

John McCain

7:20:30 to 7:20:50( Edit History Discussion )

John McCain: minutes. mr. mccain: what is the disposition of the senator from illinois on mr. durbin: i believe we have three minutes and a fee few seconds 0en this side, hughes that time -- mr. mccain: would you like to it until after me or mr. durbin: i defer to the senator from arizona. mr. mccain: i thank the senator from illinois. the presiding officer: the

John McCain

7:20:51 to 7:21:11( Edit History Discussion )

John McCain: senator from arizona. mr. mccain: mr. president, we're obviously about to vote affirmatively on the legislation before us. i would like to say, i think the debate has beenood. i think it's been respectful. i congratulate the members on the other side of the aisle that

John McCain

7:21:12 to 7:21:33( Edit History Discussion )

John McCain: have -- and the president -- for their success in achieving the timetable that they laid out for the passage of this legislation. i would point out that allegations that this is bipartisan piece of legislation are simply not acc

John McCain

7:21:34 to 7:21:54( Edit History Discussion )

John McCain: three -- a total of members of the republicans -- three republicans in the entire congress -- will be voting for this bill. only three. that's not a bipartisan approach, by any measure. and i think there's some hard facts that we should not

John McCain

7:21:55 to 7:22:17( Edit History Discussion )

John McCain: as we address -- as we dispose of this issue and move on to others. i'd like to remind my colleagues that the current national debt is 0.7 trillion. the 2 another .2 trillion. the cost of this legislation

John McCain

7:22:18 to 7:22:39( Edit History Discussion )

John McCain: before us is that's 89 interest. the expected omnibus spending bill, which will be coming shortly, is billion. the expected supplemental requests for afghanistan and iraq will billion. we will be addressing appropriations bills for 2010,

John McCain

7:22:40 to 7:23:03( Edit History Discussion )

John McCain: which will be over trillion. we have already spent -- are spending 00 billion on tarp 1 and 2, and estimatesccording to the media are that tar will be somewhere around .5 trillion. mr. president, we are on a

John McCain

7:23:04 to 7:23:25( Edit History Discussion )

John McCain: spending spree of unprecedented and historical proportions. and we are committing what some of theft because we are lay debt grandchildren. now, my colleagues -- and the senator from illinois, who's been here constantly and argued his side, i think, extremely effectively, will

John McCain

7:23:26 to 7:23:46( Edit History Discussion )

John McCain: point out that republicans did the same thing, and i a i agree. and republicans were punished in the last election for doing so. but what grieves me the most about this process we've been phrase by e speaker of the house, "we won; we wroalt the -- we wrote the

John McCain

7:23:47 to 7:24:09( Edit History Discussion )

John McCain: now, i think i understand the lesson, and that's the process that it's been through wit republican involvement and without rep which i think are necessary to achieve the consensus that's necessary when we areddressing an issue of this magnitude.

John McCain

7:24:10 to 7:24:30( Edit History Discussion )

John McCain: so, thi this has not been a bipartisan effort. the other side has -- wl emerger victorious in just -- will emerge victorious in just a few minutes. but we have to face additional challenges. i mentioned tarp 3, .5 trillion, the emergency expected war supplemental request -- all of these new challenges, not to

John McCain

7:24:31 to 7:24:52( Edit History Discussion )

John McCain: mention our national security challenges and challenges. and i think i understand the message from the i think i understand it very well. and that message is that the american people don't want business as usual. they do want us to sit down together. we want to be in on the takeoff

John McCain

7:24:53 to 7:25:14( Edit History Discussion )

John McCain: so that we can be in on the landing. we want to work together with the other side. and this is not the example that i think the american people want us to exercise, as we address the enormous challenges. we need a stimulus package. we need to address the war in afghanistan. we need to provide for the

John McCain

7:25:15 to 7:25:36( Edit History Discussion )

John McCain: much-needed services that -- to provide to americans as revenues decline, as with a bad economy. so i end my remarks, mr. president, and yield back the balance of my time finally by saying again: congratulations to those who will succeed in passing this legislation.

John McCain

7:25:37 to 7:25:57( Edit History Discussion )

John McCain: the next time -- the next time -- and it'll be soon because i understand that there will be an omnibus appropriations bill, tarp 3, others, let us sit down together and negotiate andork together and when we come out with a solution and legislation, we can tell the american people, we learned

John McCain

7:25:58 to 7:26:18( Edit History Discussion )

John McCain: importantly, we reflect their wishes that we have worked together to address most difficult challenges of anyone's lifetime. mr. president, i yield the balance of my time. mr. durbin: the presiding officer: the senator from illinois. mr. durbin: i've listened carefully to the critics of this legislation. what would they have us do? they would have us do nothing. what they offer is one half of

Richard Durbin

7:26:19 to 7:26:35( Edit History Discussion )

Richard Durbin: this bill in the hopes that that might do it. we tried this. i would say to the critics of this bill, we tried their tax cuts last year underresident bush, and they didn't work. we tried their tarp under president bush, and it didn't work as well as we'd hoped. and now we're asking for a chance.

7:26:36 to 7:26:56( Edit History Discussion )

this president, president obama, inherited the worst economi cris in 75 years. he is showing leadership and came up with a solution, and offered it to the republicans and said, sit down with us, work with us only three republicans out of all those elected on capitol hill would do so. this president made direct

7:26:57 to 7:27:17( Edit History Discussion )

overtures republicans to try to find the solution to these problems. and they refused to do soavment and many of the same republicans -- not the senator from arizona -- but many of the same republicans who've spoken earlier, supported amendments to this, adding to the cost of this package, 0 billion in finance committee, up to 0 billion on the floor, and after

7:27:18 to 7:27:38( Edit History Discussion )

their amendments were adopted, they said, but of course we can't vote for the bill, because it costs too much. after they billion in costs to this bill. they can't have it both ways. they can't ask us, as democrats, to stand with president bush when he tried then walk out the door when we face this crisis under president obama.

7:27:39 to 7:28:00( Edit History Discussion )

we have invited the republicans to join us. three have stepped forward. i salute them for their in doing so, and i hope in the future more will. a lot of the arguments here are about the iact generation. consider the impact on the next generation of americans, if their parents lose a job. consider the impact on kids in the next generation, if their

7:28:01 to 7:28:21( Edit History Discussion )

home is foreclosed u consider the impact of the next generation, if they're forced out of college because their parents can't pay the bills. in this bill we address each of those issues, providing tax leave to working families, creating up to 4 million jobs, gi in their homes and trying to help them pay for college education.

Richard Durbin

7:28:22 to 7:28:42( Edit History Discussion )

Richard Durbin: yes, we have our eye on the next generation. and wh bill is trying to give lifeline to our economy for those who are suffering in arizona, in illinois, in colorado, and all across this country. this is a serious effort to find a solution. we have tried to work together. it is a transparent approach with full accountability, and

John McCain

7:28:40 to 7:29:20( Edit History Discussion )
Speech By: John McCain

John McCain

7:28:43 to 7:29:04( Edit History Discussion )

John McCain: we're going to do our best to pass it turn this economy around, and give america the new day it deser i yield the floor. mr. mccain: the presiding officer: all time have been expired - the presiding officer: the senator in mr. mccain: in keeping with the previous unanimous consent agreement, which i believe that this poi passage are both combined in one

John McCain

7:29:05 to 7:29:22( Edit History Discussion )

John McCain: vote, that pursuant to section 204-a of the resolution, s. con. res. 21 of the 110th congress, i raise a point of order against the emergency designation in section 5-a of the conference report. mr. president, it is -- parliamentary inquiry.

7:29:23 to 7:29:45( Edit History Discussion )

this will be two issues vote, in other words? the presiding officer: the senator is correct. under the previous order, a motion to waive the applicable point of order is considered made. is in a sufficient second? -- is there a sufficient second? it appears flays second.

7:29:46 to 7:29:59( Edit History Discussion )

the clerk will call the roll. vote:

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