Video archive of the US Congress

House Proceeding 01-27-09 on Jan 27th, 2009 :: 1:24:45 to 1:26:40
Total video length: 1 hours 54 minutes Stream Tools: Stream Overview | Edit Time

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Lloyd Doggett

1:24:27 to 1:24:47( Edit History Discussion )

Lloyd Doggett: the speaker pro tempore: the gentleman is recognized for two minutes. mr. doggett: how we got in this situation is that ideology triumphed over reason. for the last eight years and a little longer, we've been told there are few problems in america that can't be solved other than by more tax breaks and by permissive att

Lloyd Doggett

1:24:45 to 1:26:40( Edit History Discussion )
Speech By: Lloyd Doggett

Lloyd Doggett

1:24:48 to 1:25:08( Edit History Discussion )

Lloyd Doggett: corporate law enforcement. now we have the relts. the bush recession that if we don't pass this legislation will soon become the bush depression. now the real question we need to be asking is, how do we get th biggest bang for the buck? we want to be every single one of these taxpaye the most possible to bring this

Lloyd Doggett

1:25:09 to 1:25:29( Edit History Discussion )

Lloyd Doggett: economic recovery. one of the people we've turned to is a principal economic advisor to senator john mccain and his presidential campaign. he, like other economists, analyzed the provisions of this bill and told us we will add to gross domestic policy .72 for

Lloyd Doggett

1:25:30 to 1:25:51( Edit History Discussion )

Lloyd Doggett: every dollar we spend on this bill on food statches to help hungry people in this country and he told us on some of the corporate loss carryback provisioning we'll get 19 cents per dollar out of those, with a permanent cop rat tax cutting we'll get 30 cents if ev dollar we invest. i think we need to focus ow

Lloyd Doggett

1:25:52 to 1:26:13( Edit History Discussion )

Lloyd Doggett: attention where it can do the most good to bring about economic recovery for families across the country. give you an example o one provision -- on your time, late ing but not now. with regard to one provision that deals with the action, the illegal action of the secretary of treasury under president

Lloyd Doggett

1:26:14 to 1:26:35( Edit History Discussion )

Lloyd Doggett: bush, mr. paulson, to just suspend the law that president ronald ray began wrote into law that corporations wouldn't go out and dodge their taxes by taking other some other corporation's tax losses. sec retai paulson suspended that law without any legal basis if banks in this country and some have estimated that could result in a drain on the

Lloyd Doggett

1:26:36 to 1:26:41( Edit History Discussion )

Lloyd Doggett: treasury of 40 billion. this bill plugs that loophole. do you have an additional

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