House Proceeding on Mar 11th, 2009 :: 0:24:05 to 0:25:05
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0:24:01 to 0:24:21( Edit History Discussion )

Ted Poe: insurance agents. i thank you, mr. speaker. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. for what purpose does the gentleman from texas rise? mr. poe: request permission to address the house for one minute. the speaker pro tempore: without objection, so ordered. mr. poe: mr. speaker, somebody has to pay for this massive wasteful spending by the federal government. so to obtain more revenue the budget proposal is to cut deductions americans now

0:24:05 to 0:25:05( Edit History Discussion )
Speech By: Ted Poe

0:24:22 to 0:24:43( Edit History Discussion )

Ted Poe: receive. the charitable giving deduction will be cut. thus charities not government entities by the way, such as churches, the ymca, groups such as that that feed the hungry and help in disasters take care of cre victims, help the homeless will be struggling for funds in the future. now the government will get that money. the removal of this deduction

0:24:44 to 0:25:04( Edit History Discussion )

Ted Poe: will discourage gifts by americans. americans are the mos cheerful and -- contributors in the world to charities. but that may now end. the home mortgage deduction also is going to be reduced. the effect of reducing this deduction and the charitable giving deduction will have the effect of a stealth tax increase on all americans. mr. speaker, it doesn't make any

0:25:05 to 0:25:06( Edit History Discussion )

Ted Poe: sense to raise taxes on anyone