Thank you, Senator Schumer.

So a failure to raise the debt ceiling would be probably the most significant and immediate increase in the deficit that we are likely to see, the one act that would dramatically increase the deficit?

I completely concur, and I think the solution is to appropriately raise the debt ceiling, deal with the fiscal issues of the deficit that we face, and we are trying to do that.

Madam Speaker, last week's jobs report showing an unemployment rate going in the wrong direction from 9.1 percent to 9.2 percent underscores the urgent need to focus on policies in this House that help create jobs and grow the economy…

I was the Attorney General in Rhode Island, we had a domestic violence unit.

So greater incidence and depth of need.

Mr. President, on the pending motion, I ask for the yeas and nays. The PRESIDING OFFICER. Is there a sufficient second? There appears to be a sufficient second. The question is on agreeing to the motion. The clerk will call the roll. The…

I ask unanimous consent to speak for up to 10 minutes. The PRESIDING OFFICER. Without objection, it is so ordered. (The remarks of Mr. Whitehouse pertaining to the submission of S. Res. 230 are located in today's Record under ``Submission…

Mr. President, I rise to discuss the ongoing negotiations on the Federal budget and our rapidly approaching debt ceiling. I think we all agree the situation we face is increasingly grave. I believe every responsible person agrees that a…

I think this issue of sort of, well, if they do not have appropriate oversight by the appropriators, they just will not be accountable to the American people defies the financial system we have in place today.

I was a strong proponent of self-funding even though I am also an appropriator.

effectively without this majority--without the ability to nominate directors and then without the ability to insist they at least get a majority vote, the leverage of shareholders is diminished.

In many respects, shareholders are the least powerful people in corporations, and they are, according to corporate law--and I will defer to Mr. Pitt and others.

If capitalism cannot turn to the owners to hold companies accountable, then we should not be surprised when we have the problems that we do.

I think one of the dilemmas or sort of contradictions is that the presumption, of course, is that corporations are run for the benefit of shareholders, but I think particularly when you look at the companies that failed--Lehman Brothers…

Mr. Speaker, I ask unanimous consent to remove my name as a cosponsor of H.R. 91. The SPEAKER pro tempore. Is there objection to the request of the gentleman from New York? There was no objection. ____________________

Mr. Speaker, I rise today to honor and recognize the rich history of Cape Verde as we mark Cape Verdean Independence Day. This week, we honor the people of Cape Verde and those individuals of proud Cape Verdean descent here in America and…

Mr. President, I would like to add a few words this afternoon about the ongoing negotiations on the Federal budget and on our rapidly approaching debt ceiling. I think we all agree that the situation we face is one of enormous importance…