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Senate Proceeding on Sep 27th, 2008 :: 3:49:14 to 3:53:41
Total video length: 6 hours 29 minutes Stream Tools: Stream Overview | Edit Time

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Kent Conrad

3:43:35 to 3:49:14( Edit History Discussion )
Speech By: Kent Conrad

Kent Conrad

3:48:57 to 3:49:14( Edit History Discussion )

Kent Conrad: like to read to the senator before he leaves the floor something that will, i think, make him even more concerned. and i would like to say to the senator that in anticipation -- because i was getting

Mary Landrieu

3:49:14 to 3:49:33( Edit History Discussion )

Mary Landrieu: nowhere with my conversations except to good people such asourself -- of course senator harkin was very interested, senator lincoln , senator hutchison, but others didn't seem to have a real understanding

Mary Landrieu

3:49:14 to 3:53:41( Edit History Discussion )
Speech By: Mary Landrieu

Mary Landrieu

3:49:33 to 3:49:45( Edit History Discussion )

Mary Landrieu: of this situation, despite the fact that we kept talking. so i wrote a letter to -- because in the disaster program which we're voting on now, there is $22 billion of special disaster real estate leave

Mary Landrieu

3:49:45 to 3:50:01( Edit History Discussion )

Mary Landrieu: and in that there's $6.5 billion in community development block grant money which we're grateful for. that is money for louisiana, texas, mississippi, and frankly the whole part of the country that

Mary Landrieu

3:50:01 to 3:50:14( Edit History Discussion )

Mary Landrieu: got hit by the storms. but houston alone -- the mayor of houston, just to put this in perspective, was on record this week saying houston alone needs $30 billion. let me repeat, houston alone may

Mary Landrieu

3:50:14 to 3:50:25( Edit History Discussion )

Mary Landrieu: need $30 billion and we have $6.5 billion in this bill that we're going to spread the way we can throughout many states. so people would tell me, senator, you don't have a problem. just go get some

Mary Landrieu

3:50:25 to 3:50:40( Edit History Discussion )

Mary Landrieu: money from the community development block grant. maybe you all can come up with a plan to help your farmers. so i thought, let me scurry over and find out if that could be possible. so i wrote

Mary Landrieu

3:50:40 to 3:50:59( Edit History Discussion )

Mary Landrieu: a letter as quickly as i could. i said, gustav and ike caused an estimated $700 million for agriculture in louisiana alone. regulations have not been written, will not be available until 2009. that's

Mary Landrieu

3:50:59 to 3:51:16( Edit History Discussion )

Mary Landrieu: too long a wait. can community development block grant funds bees used to provide grants and loans to individual farmers and fishermen as well as institutional lending trying to get a glimmer of hope.

Mary Landrieu

3:51:16 to 3:51:29( Edit History Discussion )

Mary Landrieu: "this is probably an eligible activity under the community development block grant disaster recovery program. these funds may be used to assist businesses to create or retain low- and moderate-income jobs

Mary Landrieu

3:51:29 to 3:51:51( Edit History Discussion )

Mary Landrieu: and the community development block grant disaster recovery program allows the state to make grants and loans directly rather than working through local government." but this is the kirk. "the only issue

Mary Landrieu

3:51:51 to 3:52:03( Edit History Discussion )

Mary Landrieu: that may arise is tt circular o.m.b.8 -- 87 does not allow one federal program to be used for cost allocated to another program and these costs may be allocateed to the usda sure program." last sentence.

Mary Landrieu

3:52:03 to 3:52:21( Edit History Discussion )

Mary Landrieu: "if the community development block grant activity is designed to only cover costs, usda will not allow, then it could work." mr. president, i tell my friend from north dakota, if i go home and

Mary Landrieu

3:52:21 to 3:52:35( Edit History Discussion )

Mary Landrieu: try to read this paragraph of gubernatorially gobbing -- of gugligock to my farmers -- i cannot understand it myself and i am supposed to go home and tell the people i represent, this is the paragraph

Mary Landrieu

3:52:35 to 3:52:50( Edit History Discussion )

Mary Landrieu: that i've left washington. i didn't think this was suvment so i -- and i make no apologies to my colleagues. but as a waif explanation, the reason i'm standing here for this one hour is to just testify

Mary Landrieu

3:52:50 to 3:53:04( Edit History Discussion )

Mary Landrieu: , this paragraph is not sufficient. the program is not sufficient. and as i speak, i know that the powers that be in this chamber on both sides and in the white house have been in meeting after meeting

Mary Landrieu

3:53:04 to 3:53:17( Edit History Discussion )

Mary Landrieu: trying to bail out wall street. could somebody spend an hour or two figurings out how to bail out our farmers throughout the entire midpart of our country? because this paragraph isn't going to do

Mary Landrieu

3:53:17 to 3:53:31( Edit History Discussion )

Mary Landrieu: it. senator? i would yield. mr. conrad: i would say, i've gotten letters -- i've been in the senate 22 years. i 0 know exactly what those letters mean. they mean not eligible. i say it probably is,

Mary Landrieu

3:53:31 to 3:53:41( Edit History Discussion )

Mary Landrieu: with this one little problem. and the little problem is that because there is another program, the disaster program in the farm bill, cdbg cannot be used for that purpose. i mean, they can write all

Kent Conrad

3:53:41 to 3:53:57( Edit History Discussion )

Kent Conrad: the fancy legal language they want to try to make somebody feel better. we know at the end of the day how much money it's going to result in for these farmers that have been hit by a disaster.

Kent Conrad

3:53:41 to 3:55:29( Edit History Discussion )
Speech By: Kent Conrad

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