House Proceeding on Jul 31st, 2009 :: 3:05:00 to 3:07:10
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3:04:51 to 3:05:11( Edit History Discussion )

David R. Obey: there objection? without objection, so ordered. for what purpose does the gentleman from wisconsin rise? mr. the house suspend the rules and pass h.r. 3435. the speaker pro tempore: the clerk will report the title of the bill. the clerk: h.r. 3435, a bill making supplemental appropriations for fiscal year 2009 for the consumer

3:05:00 to 3:07:10( Edit History Discussion )
Speech By: David R. Obey

3:05:12 to 3:05:32( Edit History Discussion )

David R. Obey: assistance to recycle and save program. the speaker pro tempore: pursuant to the rule, the gentleman from wisconsin, mr. obey, and the gentleman from california, mr. lewis, each will control 20 minutes. the chair recognizes the gentleman from wisconsin. mr. obey: mr. speaker, i ask unanimous consent that all members may have five legislative days to revise and extend their remarks on h.r. 3435. the speaker pro tempore:

3:05:33 to 3:05:53( Edit History Discussion )

David R. Obey: without objection. mr. obey: mr. speaker, i yield myself three minutes. the speaker pro tempore: the gentleman is recognized. mr. obey: mr. speaker, late yesterda it came to our attention that the cash for clunkers program which enacted a few days ago has proven more wildly popular than its strongest supporters had predicted. just last month, congress passed the program which provided up to $4,500 if you

3:05:54 to 3:06:14( Edit History Discussion )

David R. Obey: trade in your old gas guzzler for a new car that gets better mileage. that was done in the hopes of spurring some new car sales and encouraging people to be a little more environmentally friendly. we provided $1 billion in the supplemeal to get it going, enough for about 250,000 sales. the program kicked off monday,

3:06:15 to 3:06:37( Edit History Discussion )

David R. Obey: and it's already officially received 40,000 requests for reimbursement worth about $160 million in rebates. in is survey done by the national automobile dealer association this week suggest that at least 200,000 deals have been completed but not yet officially submitted. if that's true and we're being told that it probably is, then

3:06:38 to 3:06:58( Edit History Discussion )

David R. Obey: the entire $1 billion is just about exhausted, so we have before us a bill to provide stopgap funding for cash for clunkers by allowing the administration to transfer up to $2 billion from the department of energy innovative technology loan guarantee program which doesn't expect to award funding until late next year.

3:06:59 to 3:07:10( Edit History Discussion )

David R. Obey: some would call this letting the markets work. consumers have spoken with their wallets and they are saying they like this program and clearly it was intended to