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Senate Proceeding on Mar 12th, 2008 :: 9:07:39 to 9:12:23
Total video length: 9 hours 29 minutes Stream Tools: Stream Overview | Edit Time

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Kent Conrad

9:07:24 to 9:07:39( Edit History Discussion )

Kent Conrad: counseling is available to homeowners for facing the brunt of the storm and i remain committed to this important program. congress should consider creat creating homeownership prevention, antity

Bob Corker

9:07:39 to 9:07:51( Edit History Discussion )

Bob Corker: which would help restore stability and liquidity to the mortgage market and credit markets. chairman bernanke called for this last week. in addressing -- in addition-to- addition-to-a dressing the

Bob Corker

9:07:39 to 9:12:23( Edit History Discussion )
Speech By: Bob Corker

Bob Corker

9:07:51 to 9:08:01( Edit History Discussion )

Bob Corker: dressing in addition to addressing the problems of the housing market, we also need to make sure that our economy is fundamentally strong for the future. one of the most effective ways of doing that

Bob Corker

9:08:01 to 9:08:16( Edit History Discussion )

Bob Corker: is to invest in our nation's infrastructure. just yesterday i chaired a hearing of the senate banking committee on the condition of our nation's infrastructure and a of those ideas on how to improve

Bob Corker

9:08:16 to 9:08:32( Edit History Discussion )

Bob Corker: it. the hearing generated some good ideas that i believe we need to act on. one such idea is contained in legislation written by senator hagel and miche to myself to establish a national infrastructure

Bob Corker

9:08:32 to 9:08:51( Edit History Discussion )

Bob Corker: bank. i want to commend senator wyden and senator thune for their efforts on a similar idea we intend to incooperate with our idea to include various tax idea ideas that could help in this effort

Bob Corker

9:08:51 to 9:09:04( Edit History Discussion )

Bob Corker: as well. the budget resolution before us calls for such action. the budget establishes aet reserve fund for for the specific purpose of meeting our infrastructure needs and i want to commend senator

Bob Corker

9:09:04 to 9:09:13( Edit History Discussion )

Bob Corker: conrad, and i hope senator gregg as well -- quho i don't know the history, but certainly senator conrad for incooperate ing that in the budget resolution. that's the kind of visionary, forward-thinking

Bob Corker

9:09:13 to 9:09:25( Edit History Discussion )

Bob Corker: steps we need to take to grow our economy successfully in the 21st century. the fund would encompass the legislation senator hagel and i have introduced and i appreciate the willingness of the budget

Bob Corker

9:09:25 to 9:09:38( Edit History Discussion )

Bob Corker: complete to work with us on th issue. i want to commend senator conrad and senator gregg for establish establishing this fund. it's evidence of a growing consensus in this body and the country that

Bob Corker

9:09:38 to 9:09:56( Edit History Discussion )

Bob Corker: complacency can none er be a substitute for action action. in the days of thehe roman aqueducts, the nation's ability to grow and prosper rests upon its success in effectively moving people, goods,

Bob Corker

9:09:56 to 9:10:05( Edit History Discussion )

Bob Corker: and information. ask any american today how we're doing in achieving that objective, the cans s are their re response would be the same -- we can do a lot better. when the average american spends 51.5

Bob Corker

9:10:05 to 9:10:15( Edit History Discussion )

Bob Corker: hours a year in traffic congestion, week do better. when 33% of all urban and rural roads are in boor poor, mediocre or fair condition, i believe we can do better. and when the united states invests vests

Bob Corker

9:10:15 to 9:10:25( Edit History Discussion )

Bob Corker: less than 2% on the gross domestic product while countries like china and india invest between% and 12%, we can do better. economist steven roche in a recent op-ed article suggested that investing

Bob Corker

9:10:25 to 9:10:37( Edit History Discussion )

Bob Corker: in infrastructure would be an effective strategy for dealing also with the current economic slowdown. he recommends "fiscal initiatives could be directed at laying the groundwork of future growth especially

Bob Corker

9:10:37 to 9:10:52( Edit History Discussion )

Bob Corker: in upgrade ing our nation's anty quat antiquate ed highws and bridges and ports." such a stimulus plan would include plans for fravment it should also add ress the problems we are facing in the housing

Bob Corker

9:10:52 to 9:11:08( Edit History Discussion )

Bob Corker: problem market. the majority leader has introduced legislation that is tremendously important that'll help people keep their homes. the minority leader has also introduced legislation on this subject

Bob Corker

9:11:08 to 9:11:19( Edit History Discussion )

Bob Corker: as have my colleagues senators bond and sorries. i've been working closely with senator shelby on these issues and remain hopeful that when the senate returns after the easter recess we can get back

Bob Corker

9:11:19 to 9:11:33( Edit History Discussion )

Bob Corker: to work working on approaches to allow people to keep their homes and bring liquidity to the housing market. lastly, the budget resolution is a good step to address the problems before us by allocate ing

Bob Corker

9:11:33 to 9:11:43( Edit History Discussion )

Bob Corker: funds to existing programs, like the community developmeomnt block grant programs, as well as i mentioned the reserve account here to deal with infrastructure needs.~ so i commend the authors of

Bob Corker

9:11:43 to 9:11:56( Edit History Discussion )

Bob Corker: this resolution, i urge my colleagues to consider the two amendments i will be offering dealing with maternal and general health offered by myself, senator hatch, senator durbin, and others, and dealing

Bob Corker

9:11:56 to 9:12:11( Edit History Discussion )

Bob Corker: with autism that senator collins and i will be offering. two critical issues we're accounting for here in the budget resolution, they're budget resolution, but making a difference in the lives of people.

Bob Corker

9:12:11 to 9:12:23( Edit History Discussion )

Bob Corker: mr. president, i thank the chair for the time. i hope i haven't overstepped my time. i thank my colleague from nevada for his indulgence and yield the floor. a senator: mr. president? the presiding officer:

Robert Bennett

9:12:23 to 9:12:38( Edit History Discussion )

Robert Bennett: the senator from nevada is recognized. a senator: mr. president, i want to speak on two amendments that i will offer to the budget. the first one has to deal with means testing, part d, the new transcription

Robert Bennett

9:12:23 to 9:13:57( Edit History Discussion )
Speech By: Robert Bennett

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