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House Proceeding 11-06-07 on Nov 6th, 2007 :: 1:47:17 to 1:49:42
Total video length: 4 hours 53 minutes Stream Tools: Stream Overview | Edit Time

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John B. Larson

1:44:48 to 1:47:17( Edit History Discussion )
Speech By: John B. Larson

John B. Larson

1:47:03 to 1:47:17( Edit History Discussion )

John B. Larson: minutes to a strong advocate of on the cause of veterans, the gentleman from north carolina, mr. jones.mr the speaker pro tempore: the gentleman from north carolina is recognized for three minutes. mr. jones:

Walter B. Jones

1:47:17 to 1:47:29( Edit History Discussion )

Walter B. Jones: thank you, madam chairman, and first, i'd like to thank chairman rangel and ranking member mccrery for including h.r. 418 into the heroes earnings assistance and relief tax act of 2007. for several

Walter B. Jones

1:47:17 to 1:49:42( Edit History Discussion )
Speech By: Walter B. Jones

Walter B. Jones

1:47:29 to 1:47:41( Edit History Discussion )

Walter B. Jones: years, i've tried to get this measure to the house floor, so thank you, mr. neal, mr. mcdermott, and mr. english mr. english. h.r. 418 is a bill that would permit military families who receive the

Walter B. Jones

1:47:41 to 1:47:57( Edit History Discussion )

Walter B. Jones: death gratuity to invest the full amount into certain tax-favored accounts. as you may know a death gratuity is a $100,000 payment paid to survivors of service members whose death resulted from

Walter B. Jones

1:47:57 to 1:48:07( Edit History Discussion )

Walter B. Jones: combat at combat-relate ed circumstances. current tax law limits the amount that recipients of the death gratuity can place in tax- tax-deferred accounts such as a roth i.r.a. or a coverdell educational

Walter B. Jones

1:48:07 to 1:48:18( Edit History Discussion )

Walter B. Jones: savings account this legislation would change that tod allow recipients to contribute up to the full amount of the gratuity payment to any of those two accounts. as the families of our fallen heroes try

Walter B. Jones

1:48:18 to 1:48:31( Edit History Discussion )

Walter B. Jones: to put their lives back together, theneed help. the death of a loved one is difficult enough without having to worry about saving the death gratuity to pay for retirement, college, or other expenses,

Walter B. Jones

1:48:31 to 1:48:45( Edit History Discussion )

Walter B. Jones: and then have the government come in and tax the interest on that savings. madam speaker, the need for this assistance was brought to my attention by captain michael ser serres, a constituent stationed

Walter B. Jones

1:48:45 to 1:48:56( Edit History Discussion )

Walter B. Jones: at marine corps station new river. captain serres, who just returned from serve ing in iraq will be soon redeployed, contact contacted my office and suggested that congress institute this change to ease

Walter B. Jones

1:48:56 to 1:49:08( Edit History Discussion )

Walter B. Jones: the burden on grieve ing military families. we owe it to our fallen military heroes to expand options to the families who receive the death gratuity, families who have paid the ultimate cost with the

Walter B. Jones

1:49:08 to 1:49:20( Edit History Discussion )

Walter B. Jones: losst of their loved one. today i call on all my colleagues in the house to support this major piece of legislation known as the heroes earnings assistance and relief tax act of 2007. with thatht,

Walter B. Jones

1:49:20 to 1:49:30( Edit History Discussion )

Walter B. Jones: madam speaker, i want to thank the leadership on the democrat ic side, the leadershipe on the republican side for this comprehensive bill to help our military a nd their families. and with that, madam

Walter B. Jones

1:49:30 to 1:49:42( Edit History Discussion )

Walter B. Jones: speaker, i will yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. >> madam speaker, might i inquire as to how much time remains? the speaker

Earl Blumenauer

1:49:42 to 1:49:52( Edit History Discussion )

Earl Blumenauer: pro tempore: the gentleman from massachusetts has 11 1/2 minutes left. mr. neal: thank you, madam speaker.r. the speaker pro tempore: the gentleman from pennsylvania has eight minutes left. mr. neal:

Earl Blumenauer

1:49:42 to 1:51:24( Edit History Discussion )
Speech By: Earl Blumenauer

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