House Proceeding 03-24-09 on Mar 24th, 2009 :: 0:07:00 to 0:08:10
Total video length: 1 hours 27 minutes Stream Tools: Stream Overview | Edit Time

Note: MetaVid video transcripts may contain inaccuracies, help us build a more perfect archive

Views:181 Duration: 0:01:10 Discussion

Previous speech:

Next speech:

0:06:56 to 0:07:16( Edit History Discussion )

G. K. Butterfield: for a change. i think at the end they were than this. i yield back. the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from north carolina rise? mr. butterfield: i ask for one minute. the speaker pro tempore: without objection, the gentleman is recognized.

0:07:00 to 0:08:10( Edit History Discussion )
Speech By: G. K. Butterfield

0:07:17 to 0:07:38( Edit History Discussion )

G. K. Butterfield: mr. butterfield: mr. speaker, the recession is real. in my home state of north carolina we have 100 counties all of them experienced an increase in unemployment during the month of january. 72 of the 100 counties had a 10% or higher rate of unemployment. across my district, 23 counties, we now have an average unemployment rate of 11.2%, the highest county is 15.6%. that is unacceptable. these numbers are staggering

0:07:39 to 0:07:59( Edit History Discussion )

G. K. Butterfield: and people are hurting. weust remember, mr. speaker, that we have met these challenges before and we will meet this challenge now. north carolina will benefit from about $6 billion as part of the stimulus package, which will create or save 105,000 much-needed jobs. i'm further encouraged by the president's effort to ease the

0:08:00 to 0:08:11( Edit History Discussion )

G. K. Butterfield: credit squeeze afflicting small businesses by buying up to $15 billion of securities that are linked to small business. this speaker, in encouraging lenders