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Senate Proceeding on Dec 13th, 2007 :: 3:59:09 to 4:02:26
Total video length: 4 hours 16 minutes Stream Tools: Stream Overview | Edit Time

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Views:104 Duration: 0:03:17 Discussion

Previous speech:

Saxby Chambliss

3:57:11 to 3:59:09( Edit History Discussion )
Speech By: Saxby Chambliss

Saxby Chambliss

3:58:54 to 3:59:09( Edit History Discussion )

Saxby Chambliss: senator from ohio. sheb shesh i will not consume all my time but just -- sheb shesh i will --mr. brown: several speakers say the committee made substantial cuts in crop insurance, subsidies from

Sherrod Brown

3:59:09 to 3:59:20( Edit History Discussion )

Sherrod Brown: the government. that's not quite true. there was a bit of a cut but the cuts were much less than the house of representatives had in their bill. the house made cut h cuts in the share of risk and

Sherrod Brown

3:59:09 to 4:02:26( Edit History Discussion )
Speech By: Sherrod Brown

Sherrod Brown

3:59:20 to 3:59:36( Edit History Discussion )

Sherrod Brown: administration of operating expenses but where they were too cute by half in describing cuts they say the crop insurance companies were already cut by $3.5 billion. what they don't s, the vast majority

Sherrod Brown

3:59:36 to 3:59:46( Edit History Discussion )

Sherrod Brown: of the savings were due to the sleight of hand and shifts in timing. c.b.o. cost estimate indicates only $700 million were actual cuts and according to the congressional budget act the package added

Sherrod Brown

3:59:46 to 4:00:01( Edit History Discussion )

Sherrod Brown: ls $2.1 billion to crop insurance so they took some and added more there so there is a next gain of $1.5 billion for crop insurance companies. we know they are doing well and their lobby is strong

Sherrod Brown

4:00:01 to 4:00:16( Edit History Discussion )

Sherrod Brown: here. we mow they have a lot of influence, including one in my state. we know they have a lot of influence on this body. but the fact is, in the end, mr. president, this is about one thing: this chart,

Sherrod Brown

4:00:16 to 4:00:33( Edit History Discussion )

Sherrod Brown: again, shows the majority of crop insurance spending goes to insurers, not to farmers, not to family farmers or large farmers, period. a majority of the money, underwriting gains paid to company $840

Sherrod Brown

4:00:33 to 4:00:45( Edit History Discussion )

Sherrod Brown: million and 50% of crop insurance spending guess to goes to insurance. $19 billion earlier, a public i used $10.5 billion have gone to farmers benefiting from the crop insurance program but it took $19

Sherrod Brown

4:00:45 to 4:00:58( Edit History Discussion )

Sherrod Brown: billion from taxpayers to pay them that $10 billion. what kind of program is that. we get $10 billion public benefit and it takes $19 billion to provide those public benefits if no other federal

Sherrod Brown

4:00:58 to 4:01:16( Edit History Discussion )

Sherrod Brown: program does it that way. medicare -- we would bring medicare in here and have hearings and destroy them if they were spending that much of the services they are supposed to provide, that much in

Sherrod Brown

4:01:16 to 4:01:29( Edit History Discussion )

Sherrod Brown: administration costs. so, again, 50% -- half -- of crop insurance spending goes to insurers. the brown-sununu amendment does what we need to do: no more bloated oversubsidized spending, spending

Sherrod Brown

4:01:29 to 4:01:46( Edit History Discussion )

Sherrod Brown: no more taxpayer dollars of this magnitude to the crop insurance companies. let's use that money for nutrition, use that money for conservation, and, again, don't forget, hundreds of millions from

Sherrod Brown

4:01:46 to 4:02:03( Edit History Discussion )

Sherrod Brown: the brown-sununu-mccaskill amendment. the natural resources of the country, something senator harkin has worked so effectively for, if so many years, it will make all the difference. i ask my colleagues

Sherrod Brown

4:02:03 to 4:02:26( Edit History Discussion )

Sherrod Brown: it vote for the brown-sununu-mccaskill amendment. i yield back the balance of my time. mr. harkin: how much time is left? the presiding officer: ten minutes. mr. brown: i was going to yield back but i

Tom Harkin

4:02:26 to 4:02:44( Edit History Discussion )

Tom Harkin: yield whatever time to senator harkin. mr. harkin: mr. president, i take a back seat to no one -- no one -- in my support for the crop insurance industry. i was here on the house agriculture committee

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