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Senate Proceeding 02-03-09 on Feb 3rd, 2009 :: 1:44:25 to 1:46:50
Total video length: 7 hours 30 minutes Stream Tools: Stream Overview | Edit Time

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Max Baucus

1:44:19 to 1:44:39( Edit History Discussion )

Max Baucus: senator from mississippi to give me two seeking recognition i have no objection to yielding back the time. i wouldn't want to do it without the permission of t distinguished senator from maryland. mr. baucus: i would like to speak two minutes objection. mrcochran: i have no objection. the presiding officer: the

Max Baucus

1:44:25 to 1:46:50( Edit History Discussion )
Speech By: Max Baucus

Max Baucus

1:44:40 to 1:45:02( Edit History Discussion )

Max Baucus: senator from montana is recognized -- without objection, the senator is recognized. mr. baucus: i deeply appreciate th senator from maryland offering an amendment. just a couple of points here. i'm not going to make a big deal out of it. this amendment will cost about 1 billion. and it's also -- it reminds me of several years ago when

Max Baucus

1:45:03 to 1:45:23( Edit History Discussion )

Max Baucus: congress elimited the interest deductions -- consumer interest deduction. why? because there is so much consumer debt building up at such a rapid rate. it's -- the consumer debt is a at .5 trillion, in g.d.p. it is 18%. there is a concern that this

Max Baucus

1:45:24 to 1:45:44( Edit History Discussion )

Max Baucus: method, this weight to help a specific triis one that will help a lot of additional consumer debt. it is also very -- a very costly debt at a time when debt is a problem in this country. you know, public debt but also consumer devment there are also other provisions -- consumer bt. there are also other provisions here which help the auto industry. the industry got about

Max Baucus

1:45:45 to 1:46:07( Edit History Discussion )

Max Baucus: 3.4 billion relief through the tarp. tax credit in this legislation which would help domestic auto companies invest in advanced auto technology. the tarp provision of g. smvment .4 billion, chrysler is about billion. these are direct infusions into the industry. i might say

Max Baucus

1:46:08 to 1:46:26( Edit History Discussion )

Max Baucus: are million in grants for manufacturers of batteries and advanced components and other provisions as well. i -- i -- i am not in favor of this amendment. i, i -- i think there are other better ways to help out the auto industry. this is not the best way,

Max Baucus

1:46:37 to 1:46:52( Edit History Discussion )

Max Baucus: particul mr. baucus: mr. president, i suggest the presiding officer: without objection, the clerk will call the roll.

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