Video archive of the US Congress

Senate Proceeding on Jul 25th, 2008 :: 5:22:35 to 5:25:45
Total video length: 5 hours 44 minutes Stream Tools: Stream Overview | Edit Time

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Robert Bennett

5:22:21 to 5:22:35( Edit History Discussion )

Robert Bennett: prevent another crisis of this magnitude magnitude, stop fmaoreclosures before they begin and preserve se for future generations the american dream of homeownership. the nearly 8,500 new families filing for

Robert Menendez

5:22:35 to 5:22:48( Edit History Discussion )

Robert Menendez: foreclosure each day can no longer wait for help. and that's why it is my expectation in a special session we'll have tomorrow saturday that we will get the votes necessary , this will pass and we'll

Robert Menendez

5:22:35 to 5:25:45( Edit History Discussion )
Speech By: Robert Menendez

Robert Menendez

5:22:48 to 5:23:06( Edit History Discussion )

Robert Menendez: go on to the president. it already has passed the house. now, mr. president, as we talk about saving people in their homes , there's another great challenge for many, not only those who face foreclosure

Robert Menendez

5:23:06 to 5:23:20( Edit History Discussion )

Robert Menendez: but those whoth are working very hard every day to meet their obligations . and, in fact, some who have worked a lifetime and find their home mortgages paid off but find themselves with the challenges, as we

Robert Menendez

5:23:20 to 5:23:36( Edit History Discussion )

Robert Menendez: look forward in the f next several months to the winter season of the consequences of not being able to afford to heat your home. and, yes, there are many americans in this country who face that

Robert Menendez

5:23:36 to 5:23:52( Edit History Discussion )

Robert Menendez: challenge. so, mr. president, there will be another critical vote tomorrow and i certainly hope it is a vote that a majority of this will support. that is the warm in winter andin cool in summer act

Robert Menendez

5:23:52 to 5:24:08( Edit History Discussion )

Robert Menendez: that provides an additional $2.5 billion in liheap funding. there is no doubt that the pain at the pump has bseen def stieght millions of american families -- devastating to millions ofon american families,

Robert Menendez

5:24:08 to 5:24:25( Edit History Discussion )

Robert Menendez: but weannot forget also that the skyrocketing price of home heating oil, propane, kerosene, tural gas, and electricity is also breaking family budgets right now. and that pain will only get worse as the

Robert Menendez

5:24:25 to 5:24:39( Edit History Discussion )

Robert Menendez: cold c weather approaches. i'm particularly concerned about this winter, when people will be faced with the prospectro of paying $1,000 or moreup front to pay for the heating oil they need in the

Robert Menendez

5:24:39 to 5:24:58( Edit History Discussion )

Robert Menendez: winter. for seniors or low-income families, for people on fixed income and those struggling with a poor economy, these enormous upfront costs are simply out of reach. and high energy costs this

Robert Menendez

5:24:58 to 5:25:14( Edit History Discussion )

Robert Menendez: winter w ill be severely compounded by our struggling economy. we lost 62,0002, jobs in june, the sixth straight month of job losses. real wages haveav fallen rapidly. housing foreclosures are up while

Robert Menendez

5:25:14 to 5:25:33( Edit History Discussion )

Robert Menendez: home values are plummeting plummeting. and we've also seen shrinking credit markets, troubled banks, and a volatile stock market. but despite all of these problems, it seems that we have some difficulty

Robert Menendez

5:25:33 to 5:25:45( Edit History Discussion )

Robert Menendez: getting some of our colleagues here to understand of the necessity of now , the ability to legislate l now and to get this resource available and ready to go so people will not go cold in the winter.

Robert Bennett

5:25:45 to 5:25:55( Edit History Discussion )

Robert Bennett: now, despite an apparent bipartisan agreement on a whole host of issues to clamp down on oil speculation, the minority party saidrt no, even though they put that as part of their overall nrm packet,

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