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Us to pass what was an unpaid for Prescription Drug benefit. My members, the caucus in the house felt this unpaid law was thrust upon us without due consideration and at that time when we shouldnt be racking up further debt. Many of us on my side of the aisle were literally reeling with anger after it passed. It also passed in ways with which we disagreed, in the middle of the night literally. The desk in the house was kept open for four hours in order to find those votes. I was angry, i voted against that Prescription Drug benefit. I was as angry as some of my colleagues were when the Afforda...

By businesses but in europe and china and its and network. Its complicated and complex as just about anything thats around when it comes to all the individuals that are involved. Its not as one of our colleagues said picking up the phone and calling wall street and telling them to settle down. So my question is, well, i just went on the web and said okay, what about treasury . Just google treasuries and all the things, most important market indicator, way more important than the dow and the s p. How important it is in a number in the economy because of the Interest Rates being pegged off of th...

[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] here we go. The committee will come to order. On january 27, 1838, a young state legislator named Abraham Lincoln spoke before a gathering in springfield, illinois. At the time, america was a deeply divided nation. Lincoln warned that the greatest threats to the young democracy were internal. He said, quote if danger ever reaches us, it m...

Has seen Discretionary Spending drop three years in a row. Never before in my lifetime have we seen such a thing. I credit this body with being a driving force in that because we were elected by the American People who want to see their fiscal bucks put back in order, but we succeeded on the discretionary side. Discretionary turns out to be the easier nut to crack because that money doesnt go out the door unless this u. S. House of representatives acts. That distinguishes it, mr. Speaker, from mandatory spending. Thats the third set of columns on my chart. Mandatory spending, as i said, 2 3 of...

There has been a minority that is held up the ability to go to a budget conference. Quite frankly, the majority needs to speak at some point. Im not talking about democrats or republicans. Im talking about a majority in this body that needs to speak to stop this kind of craziness. Lets get down to real life. Agriculture is pretty big and oklahoma pretty big in oklahoma. Operating loans are a pretty ommon thing. If we default, can you tell me what the impact will be on somebody going to get a oan . We still have to beat. Hopefully the lending will be available in the borrowing will be available...