House Proceeding on Mar 19th, 2009 :: 0:23:30 to 0:25:45
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0:23:27 to 0:23:48( Edit History Discussion )

Carolyn B. Maloney: minority to participate in the legislative process. th i reserve. the speaker pro tempore: the gentleman reserves his time. the gentlelady from maine. ms. pingree: thank you, mr. speaker. i yield two minutes of my time to t york, miss maloney. the speaker pro tempore: the gentlelady is recognized for two minutes. mrs. maloney: i thank the gentlelady from the great state of maine for yielding and for

0:23:30 to 0:25:45( Edit History Discussion )
Speech By: Carolyn B. Maloney

0:23:49 to 0:24:10( Edit History Discussion )

Carolyn B. Maloney: her important leadership on the rules committee. mr. speaker, it has become somewhat rare for the members of this body to find themselves in virtually universal agreement. but outrage over the retention bonuses for the very members of the a.i.g. financial products division who brought a corporate

0:24:11 to 0:24:32( Edit History Discussion )

Carolyn B. Maloney: giant to its knees economy of our nation to a stand still has produced such an agreement. it would be both morally reprehensible and fiscally irresponsible for us to quietly hand over millions to those who have cost this country billions.

0:24:33 to 0:24:53( Edit History Discussion )

Carolyn B. Maloney: and it is a rare cause that compels so many members a acting independently to craft bills aimed at righting the same wrong. the bill we consider now to tax bonus payments such as the ones in question at a.i.g. at the effective rate of 90%, sends a

0:24:54 to 0:25:14( Edit History Discussion )

Carolyn B. Maloney: message that cannot be mistaken. the game is finished. the casino is closed. i applaud speaker pelosi, mr. miller, chairman rangel ofhe ways and means committee for coming together so swiftly to react and incorporating ideas

0:25:15 to 0:25:37( Edit History Discussion )

Carolyn B. Maloney: from many bills. from my colleague, steve israeli, from gary peters, from myself, from elijah cummings, from many, many others, and coming forward swiftly with this bill that would tax at 90% the remaing 10% would probably be taxed by states and cities.

0:25:38 to 0:25:46( Edit History Discussion )

Carolyn B. Maloney: if a company receives over $5 billion of taxpayers' money and anyone earning over $250,000