Senate Proceeding on Oct 29th, 2009 :: 1:55:35 to 1:58:35
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1:55:35 to 1:58:35( Edit History Discussion )
Speech By: Max Baucus

1:55:38 to 1:56:00( Edit History Discussion )

Max Baucus: quorum call: the presiding officer: the senator from montana. mr. baucus: mr. president, i call be dispensed with. the presiding officer: without objection. mr. baucus: mr. ask consent to be allowed to speak for up to 20 minutes as if in morning business. the presiding officer: without objection. mr. baucus: mr. president, i ask consent that the following staff on the finance committee and my personal staff be allowed floor privileges during consideration of the

1:56:01 to 1:56:22( Edit History Discussion )

Max Baucus: unemployment insurance bill. mary baker, blaze cody, margaret franklin, mere yam dejona, and awedry shultz. the presiding officer: without objection. mr. baucus: these days the

1:56:23 to 1:56:43( Edit History Discussion )

Max Baucus: economy is foremost on americans' minds and well it should be. two out of five americans say that the economy should be our top priority. that's more than twice as many that cite any other issue. two times the economy, much more important. the unemployment insurance bill before us today helps address

1:56:44 to 1:57:05( Edit History Discussion )

Max Baucus: the economy in several ways. in several ways our legislation would help americans to get and keep good jobs. first, our bill would extend much-needed unemployment benefits. this unemployment insurance relief would get money into the hands of people who need it, need it desperately.

1:57:06 to 1:57:26( Edit History Discussion )

Max Baucus: i might say there are about 15 million americans out of work chasing about 3 million jobs. many, many more people unemployed looking for work. when we help unemployed americans, let's also remember we help our communities. not just the individuals who receive unemployment benefits --

1:57:48 to 1:58:09( Edit History Discussion )

Max Baucus: economy. we help ourselves. according to officials in my home state of montana, if we do not pass this 14-week extension, then at least 7,000 montanans will lose their unemployment benefi. that's a significant number when you consider the population of

1:58:10 to 1:58:31( Edit History Discussion )

Max Baucus: my state, which is just a little bit over 900,000 total. a report prepared in june for the montana manufacturing center show that nationwide manufacturing employment fell from 13.8 million workers at the end of 2007 down to 12.4 million workers at the beginning of 2009.

1:58:32 to 1:58:35( Edit History Discussion )

Max Baucus: that's a 10.5% drop in a little more than a year.