On the recordApril 18, 2012
I yield 2\1/2\ minutes to the gentlewoman from Connecticut (Ms. DeLauro). Ms. DeLAURO. Mr. Speaker, I would just add one more thing: the amount of subsidies that we are giving to multinational corporations who are taking their jobs overseas, let's stop that. Let's stop the subsidies that are going to Big Agriculture all over this country, not small mom- and-pop farms, people who are taking care of themselves. But Big Agriculture, let's stop that. Let's also stop $147 million going to Brazilian cotton farmers as a subsidy every year. They will not tell you. They will not tell you about these subsidies. American taxpayers are footing the bill for that and paying high prices at the gas pump to get their gas, and the oil companies are rolling around in that money. I rise in opposition to this rule. Yesterday I submitted an amendment to this bill that would have provided the Commodity Futures Trading Commission, or the CFTC, with a steady, sustainable source of funding so that it could do the job that it has been assigned to do--that's oversee the futures markets and curb rampant speculation in the oil market that is causing families pain at the pump. Again, this House majority has put the profit margins of Wall Street and oil speculators over the needs of American families and the American economy. They refuse to allow an up-or-down vote on this amendment. Specifically, the amendment would authorize the collection of user fees to offset the cost of the Commission's operation.…





