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House Proceeding on Jul 23rd, 2008 :: 2:03:44 to 2:09:18
Total video length: 2 hours 55 minutes Stream Tools: Stream Overview | Edit Time

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Louise McIntosh Slaughter

2:03:44 to 2:04:05( Edit History Discussion )

Louise McIntosh Slaughter: i also ask unanimous consent that all members be given five legislative days in which to revise and extend their remarks on house resolution 1363. the speaker pro tempore: without objection,

Louise McIntosh Slaughter

2:03:44 to 2:09:18( Edit History Discussion )
Speech By: Louise McIntosh Slaughter

Louise McIntosh Slaughter

2:04:05 to 2:04:20( Edit History Discussion )

Louise McIntosh Slaughter: so ordered. ms. castor: house resolution 1363 provides for consideration of the senate amendment to h.r. 3221, the american housing rescue and foreclosure prevention act of 2008. the rule makes in order

Louise McIntosh Slaughter

2:04:20 to 2:04:38( Edit History Discussion )

Louise McIntosh Slaughter: a motion by the chair of the committee on financial services to concur in the senate amendment with the text othey have house amendment printed in the rules committee report. the rule provides

Louise McIntosh Slaughter

2:04:38 to 2:04:54( Edit History Discussion )

Louise McIntosh Slaughter: two hours of debate on the motion with 80 minutes controlled by the committee on financial services and 40 minutes controlled by the committee on ways and means. madam speaker, i rise today

Louise McIntosh Slaughter

2:04:54 to 2:05:09( Edit History Discussion )

Louise McIntosh Slaughter: in strong support of the american housing rescue and foreclosure prevention act and this rule. our landmark legislation today throws a lifeline to families who are struggling to maintain

Louise McIntosh Slaughter

2:05:09 to 2:05:20( Edit History Discussion )

Louise McIntosh Slaughter: the american dream of home ownership during this housing crisis and the economic downturn. families across america are being forced to make heart wrenching decisions in order to stay in

Louise McIntosh Slaughter

2:05:20 to 2:05:34( Edit History Discussion )

Louise McIntosh Slaughter: their homes. what will they pay for in this day and age with rising gas prices, prot insurance rates escalating, the cost of health care rising, but nothing is more fundamental than having a

Louise McIntosh Slaughter

2:05:34 to 2:05:50( Edit History Discussion )

Louise McIntosh Slaughter: safe and clean home for your famalism the good news is that many of us in the congress understand, and we are going to stand up for families and ensure that if you work hard and play by

Louise McIntosh Slaughter

2:05:50 to 2:06:01( Edit History Discussion )

Louise McIntosh Slaughter: the rules, the tools and resources will be made available to you to help stay in your home. the american people have a number of champions here in the congress that understand the importance

Louise McIntosh Slaughter

2:06:01 to 2:06:12( Edit History Discussion )

Louise McIntosh Slaughter: of a safe, clean, and affordable home. charnle barney frank has spent countless hours in providing the tools necessary for families across this country to have a safe, affordable place

Louise McIntosh Slaughter

2:06:12 to 2:06:27( Edit History Discussion )

Louise McIntosh Slaughter: to live. chairwoman maxine waters of california has worked -- has spent a great part of her career dedicated to affordable housing for american families. speaker pelosi and the chairwoman of the

Louise McIntosh Slaughter

2:06:27 to 2:06:42( Edit History Discussion )

Louise McIntosh Slaughter: rules committee, louise slaughter are the champions of american families and affordable housing as well. madam speaker, today three million to four million families are expected to lose their

Louise McIntosh Slaughter

2:06:42 to 2:06:55( Edit History Discussion )

Louise McIntosh Slaughter: homes to foreclosure and when a home in your neighborhood ends up in foreclosure, it affects everyone. it's usually sold at a reduced rate and the values of homes throughout the neighborhood

Louise McIntosh Slaughter

2:06:55 to 2:07:12( Edit History Discussion )

Louise McIntosh Slaughter: are affected. we've all seen these eyesores with overgrown grass, broken windows, and in disrepair. that's why we are all in this together. it is vital that we fight to maintain the property

Louise McIntosh Slaughter

2:07:12 to 2:07:23( Edit History Discussion )

Louise McIntosh Slaughter: values of our communities. madam speaker, just a few weeks ago, i had my first foreclosure workshop to get families together with lenders, to try to get to a point where they could work

Louise McIntosh Slaughter

2:07:23 to 2:07:39( Edit History Discussion )

Louise McIntosh Slaughter: out their loans. we were very surprised. we had over 600 individuals show up who are either in foreclosure, had fallen a month or two behind, or could see on the horizon because of an adjustable

Louise McIntosh Slaughter

2:07:39 to 2:07:52( Edit History Discussion )

Louise McIntosh Slaughter: rate loan or some family circumstance like the loss of a job or the kids going do you have collteletext ege that they needed a little

Louise McIntosh Slaughter

2:07:52 to 2:08:08( Edit History Discussion )

Louise McIntosh Slaughter: bit help. we've been very active in this congress because this -- while this is a problem that, yes, critically affects a state li florida and the tampa bay area that i have the privilege to

Louise McIntosh Slaughter

2:08:08 to 2:08:21( Edit History Discussion )

Louise McIntosh Slaughter: represent, and it affects california, desperately, ohio, nevada, no part of the country has been immune from the subprime lending crisis. fortunately, this american housing rescuend foreclore

Louise McIntosh Slaughter

2:08:21 to 2:08:30( Edit History Discussion )

Louise McIntosh Slaughter: prevention act -- it comes at an important time, but this congress has been working on this for over a year and a half. so many of the initiatives contained in this package have been passed

Louise McIntosh Slaughter

2:08:30 to 2:08:48( Edit History Discussion )

Louise McIntosh Slaughter: by the house of representatives. this new direction congress has worked in a bipartisan way to pass most of the initiatives that are contained in the act today. families should know that h.r.

Louise McIntosh Slaughter

2:08:48 to 2:09:01( Edit History Discussion )

Louise McIntosh Slaughter: 3648, the mortgage forefive -- forgiveness debt relief act was passed and did become law at the end of last year, passed by a margin of 386 to 27 here in the house. it provides that families

Louise McIntosh Slaughter

2:09:01 to 2:09:18( Edit History Discussion )

Louise McIntosh Slaughter: who have had to sell their homes in foreclosure will be spared from getting hit by a larger tax women in addition to losing their homes. there are a number of other critical components in

Pete Sessions

2:09:18 to 2:09:35( Edit History Discussion )

Pete Sessions: the housing rescue package. i'd like everyone to note, because we'll probably hear a great deal of debate here on the housing package, everyone should note that almost all the initiatives

Pete Sessions

2:09:18 to 2:12:02( Edit History Discussion )
Speech By: Pete Sessions

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