Video archive of the US Congress

House Proceeding 03-16-10 on Mar 16th, 2010 :: 0:39:40 to 0:43:25
Total video length: 4 hours 49 minutes Stream Tools: Stream Overview | Edit Time

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Bob Etheridge

0:39:36 to 0:39:58( Edit History Discussion )

Bob Etheridge: privacy right from underneath us, all in the name of taking care of us. that's just the way it is. i yield back. the speaker pro tempore: ms. woolsey. >> mr. speaker, i ask unanimous

Bob Etheridge

0:39:40 to 0:43:25( Edit History Discussion )
Speech By: Bob Etheridge

Bob Etheridge

0:39:59 to 0:40:19( Edit History Discussion )

Bob Etheridge: consent to reclaim my time. the speaker pro tempore: without objection. >> thank you, mr. speaker. mr. speaker, i rise today to call on the united states senate to follow the house's lead in passing the jobs bill. the house passed the hire act last week and now the senate

Bob Etheridge

0:40:20 to 0:40:40( Edit History Discussion )

Bob Etheridge: needs to send it to the president for his signature. americans need jobs and we need them now. my constituents tell me they want congress to quit the bickering and the partisan posturing and get to work and fix the economy. wall street may be doing well enough for the bankers to reward themselves with big bonuses but

Bob Etheridge

0:40:41 to 0:41:01( Edit History Discussion )

Bob Etheridge: folks on main street are still hurting. north carolina's unemployment rate has been above 11% for too long and some counties in my congressional district are experiencing unemployment as high as 14.6%. more than half a million north carolina workers are unemployed according to the new figures released by the employment security commission.

Bob Etheridge

0:41:02 to 0:41:23( Edit History Discussion )

Bob Etheridge: i said before and i'll say it again, my top priorities are -- of what we need to be doing is jobs, jobs, jobs. the jobs bill will provide the incentive companies need to put people to work today, give employers a tax crit for every new worker they hire. i recently visited with local business leaders at a chamber of

Bob Etheridge

0:41:24 to 0:41:44( Edit History Discussion )

Bob Etheridge: commerce as well as the benson chamber of commerce and they told me that this is the kind of federal assistance that they need to help jumpstart hiring in their communities. i think that's true not only in north carolina but across the country. and congress needs to take action on jobs now. the centerpiece of the jobs bill

Bob Etheridge

0:41:45 to 0:42:05( Edit History Discussion )

Bob Etheridge: that the house passed last week is a hired tax credit similar to the one i proposed in my hire act of h.r. 4437, a bill that would encourage businesses to invest by putting labor on sale for a limited time, helping small businesses expand and grow. the bill provides a payroll tax holiday to businesses that hire

Bob Etheridge

0:42:06 to 0:42:27( Edit History Discussion )

Bob Etheridge: workers that is estimated to support roughly 300,000 jobs and encurning employers to keep those workers -- encourage employers to keep those workers longer term so they will receive a tax credit of $1,000 if they retain them. the jobs bill was passed last week, also included another proposal of mine, to support local school construcon buildings by providing a tax

Bob Etheridge

0:42:28 to 0:42:48( Edit History Discussion )

Bob Etheridge: credit for qualified school construction bonds that were included in the american recovery and reinvestment act last year. it will allow the issuance of qualified school construction bonds to receive a direct payment from the federal government equal to the amount of the federal tax credit. this modification will help north carolina schools access

Bob Etheridge

0:42:49 to 0:43:09( Edit History Discussion )

Bob Etheridge: nearly $500 million in school construction bonds to address our students' needs and support more than 15,000 jobs just in north carolina. you can imagine what it will do for the rest of the country. last week i visited a school in franklin county that was being

Bob Etheridge

0:43:10 to 0:43:26( Edit History Discussion )

Bob Etheridge: built from the first piece of the school construction bonds and it's amazing to see what it does for the community and how it gives them an uplift. this provision will create jobs now, building the schools of the future, it's a win-win, it makes sense and i urge the senate to pass the hire act now.

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