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Senate Proceeding on Jun 26th, 2008 :: 2:42:51 to 2:51:39
Total video length: 9 hours 29 minutes Stream Tools: Stream Overview | Edit Time

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Herb Kohl

2:39:39 to 2:42:51( Edit History Discussion )
Speech By: Herb Kohl

Herb Kohl

2:42:36 to 2:42:51( Edit History Discussion )

Herb Kohl: no intervening action or debate. the presiding officer: is there objection? mr. domenici: i object. the presiding officer: the objection is heard. the senator from nevada. mr. ensign: mr. president, the

John Ensign

2:42:51 to 2:43:08( Edit History Discussion )

John Ensign: last few days we have been talking about the housing bill here and last night i got up to speak as i had the day before about an amendment i've been trying to get on to tnhe housing bill. i would like to

John Ensign

2:42:51 to 2:51:39( Edit History Discussion )
Speech By: John Ensign

John Ensign

2:43:08 to 2:43:27( Edit History Discussion )

John Ensign: speak to that amendment once again. this country is c facing high energy costs right now with gasoline over $4 a gallon, home heating oil is affected by the price of energy, natural gas prices have

John Ensign

2:43:27 to 2:43:40( Edit History Discussion )

John Ensign: gone up by over 70% and it's affecting literally every single family and business in the united states. we need to have a broad-based approach to finding all of the sources of american energy that we

John Ensign

2:43:40 to 2:44:01( Edit History Discussion )

John Ensign: can possibly find to help make us less dependent on middle east oil and other energy supplies coming from outside the united states. it's important for our national security and it's also important

John Ensign

2:44:01 to 2:44:15( Edit History Discussion )

John Ensign: for our economic security. so mr. president, the bill that i offered, the amendment i wanted to offer to the housing bill deals with alternative renewable energies. these are energies such as solar, wind, geothermal

John Ensign

2:44:15 to 2:44:33( Edit History Discussion )

John Ensign: and the like. there are many others. this is a bill that senator maria cantwell, a democrat, and myself, worked on together. we actually offered this the last time a housing bill was offered back in april

John Ensign

2:44:33 to 2:44:49( Edit History Discussion )

John Ensign: on the united states senate floor. hour amendment at that time passed -- our amendment at that time passed with 88 yea votes and only 8 nay votes. rarely in this body does something past in that fashion

John Ensign

2:44:49 to 2:45:03( Edit History Discussion )

John Ensign: in such a bipartisan fashion. we should take advantage of that bipartisanship and do something right for the american people. we know that only do we want more american energy but whenever we can we should certainly

John Ensign

2:45:03 to 2:45:15( Edit History Discussion )

John Ensign: try to incentivize bringing more green energy to the united states.~ that's the reason we introduced this bill and that's the reason why there was such a strong vote on this. there have been a couple

John Ensign

2:45:15 to 2:45:31( Edit History Discussion )

John Ensign: of objections of why we should put this bill -- or why we shouldn't put this amendment on to the housing bill. it has been said that this has nothing to do with housing. well, i would beg to differ.

John Ensign

2:45:31 to 2:45:44( Edit History Discussion )

John Ensign: first of all, the stronger that the economy is, the more people can afford to buy homes. this renewable energy tax bill the literally will produce probably 100,000 to 200,000 jobs in the united states

John Ensign

2:45:44 to 2:45:59( Edit History Discussion )

John Ensign: and billions of dollars worth of investment in the united states. people that have jobs, better chance that they can afford homes. secondly is that there are many provisions in our renewable energy

John Ensign

2:45:59 to 2:46:09( Edit History Discussion )

John Ensign: tax bill that actually is directly related to housing in that we encourage and give tax credits -- if you want to, for instance, invest in solar energy in your home, if you want to convert and

John Ensign

2:46:09 to 2:46:22( Edit History Discussion )

John Ensign: try to help the country out by takingome of your electricity off the power grid and produce your own electricity with solar energy in your home we have tax credits in there. if somebody is building

John Ensign

2:46:22 to 2:46:39( Edit History Discussion )

John Ensign: a more energy-efficient home we have tax kred knits there to do that. it is directly related to housing. along with if you want to put more energy-efficient appliances in your home -- in your

John Ensign

2:46:39 to 2:46:54( Edit History Discussion )

John Ensign: home, then we have tax credits in there for that as well. so on many fronts this bill is related to housing. one of the other provisions that the managers of this bill and especially the democrat leadership

John Ensign

2:46:54 to 2:47:12( Edit History Discussion )

John Ensign: has talked about why they don't want this amendment attached to the housing bill is that it's -- quote -- "not paid for." well, mr. president, there's there's $2.4 billion in tax-related items

John Ensign

2:47:12 to 2:47:26( Edit History Discussion )

John Ensign: that are not paid for in this bill. i won't go into the details because they're fairly complicated buvment know that there is almost $2.4 billion in unpaid for tax incentives in this bill. the democrat

John Ensign

2:47:26 to 2:47:40( Edit History Discussion )

John Ensign: leader of the -- of this bill, the manager of this bill said that the democrats in the house of representatives wouldn't go for our particular renewable tax credit legislation because it wasn't paid

John Ensign

2:47:40 to 2:47:54( Edit History Discussion )

John Ensign: for. that there were too many democrats in the house of representatives that would object to it. well, how to they expect $2.5 billion in other tax incentives that aren't paid for to be accepted over there

John Ensign

2:47:54 to 2:48:08( Edit History Discussion )

John Ensign: and then argue that ours wouldn't be accepted as well? so, mr. president, i think that we should do absolutely everything that we can at this time with high energy prices on gasoline, on home heating oil, on

John Ensign

2:48:08 to 2:48:22( Edit History Discussion )

John Ensign: natural gas going up in the united states, we should do everything that we can to get our amendment, senator cantwell's and mine amendment on renewable tax credits put on to this housing bill. another reason

John Ensign

2:48:22 to 2:48:35( Edit History Discussion )

John Ensign: it's important that we put it on this bill, instead of waiting for a bill in the future, is that a lot of the contracts and the financing of these projects, whether they're sol arks geothermal, wind any

John Ensign

2:48:35 to 2:48:49( Edit History Discussion )

John Ensign: of the other clean-burning energy that we have in the united states, it is critical for the financing of these project that we have predictability and that we get this bill done as soon as possible. each quarter

John Ensign

2:48:49 to 2:49:05( Edit History Discussion )

John Ensign: that passes, and the senator from washington has spoken eloquently about this, each quarter that passes, that's another project that doesn't get financed and that won't be financed in the future because

John Ensign

2:49:05 to 2:49:17( Edit History Discussion )

John Ensign: they lost their financing, the investors lose their confidence. inspector so we need to have predictability and we need to do this as soon as possible. and the housing bill, everybody around here

John Ensign

2:49:17 to 2:49:31( Edit History Discussion )

John Ensign: knows, is going to be one of the few bills that will be signed into law this year. so we need to have the renewable energy tax credit on a bill that's going to be signed into law if -- if we actually

John Ensign

2:49:31 to 2:49:46( Edit History Discussion )

John Ensign: care about renewable energy in this country. if we care about jobs in the renewable energy sector of our economy, we need to have this bill passed into law. inspector general law. the democrat leader

John Ensign

2:49:46 to 2:50:00( Edit History Discussion )

John Ensign: said that he's going to pull the billnd we're going to come back to this after the fourth of july break. i would encourage all americans, mr. president, to contact their u.s. senators and house of representatives

John Ensign

2:50:00 to 2:50:14( Edit History Discussion )

John Ensign: and let their voices be heard that this is an important issue to them. write in, e-mail, do all of the types of things that are necessary to participate in our democratic process to say yes to renewable

John Ensign

2:50:14 to 2:50:25( Edit History Discussion )

John Ensign: energy, to say jobs to jobs in america. let's put this on the housing bill when we get back from the july fourth recess, let's do it as quickly as possible. let's get the house of representatives to cooperate

John Ensign

2:50:25 to 2:50:35( Edit History Discussion )

John Ensign: with us on something that is good for america. let's forget -- i happen to be a republican senator. this is a bipartisan thing. and this should be nonpartisan. this should be something that's done

John Ensign

2:50:35 to 2:50:48( Edit History Discussion )

John Ensign: forgetting about whether you're republican or democrat, let's just do something that's good for america. let's do more around this place and i think we'll all be better off for it. mr. president,

John Ensign

2:50:48 to 2:50:59( Edit History Discussion )

John Ensign: i conclude and would just implore my colleagues, think about this during the break, think about what's at stake here with the tens and tens of thousands of jobs, the billions of dollars in investments

John Ensign

2:50:59 to 2:51:39( Edit History Discussion )

John Ensign: in renewables and the chance, actually, that we can do something good for america and bring more green energy, more clean energy to the united states. mr. president, i yield the floor and note

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