I'm conflicted as I come to the floor today, Mr. Speaker. I'd actually planned to talk about tax reforms this morning. The Ways and Means Committee for the first time in 10 years is holding a hearing on the Fair Tax next Tuesday, July 26. The Fair Tax is a proposal that abolishes the income tax system in this country that punishes people based on what they earn and creates a consumption tax that rewards people based on how much they save. And as we talk about poverty here this morning, as we talk about how to get folks back on their feet, the problem in this country, Mr. Speaker, is not that we don't bring in enough revenue. It's that we spend too much money. There is a bias in our culture now towards consumption as opposed to thrift. Now, when did that happen? I wish I were a better student of history. I know that Ben Franklin shared with us that ``a penny saved is a penny earned.'' I know that our colleagues in the past said if we talk about a million here and a million there, pretty soon we're talking about real money. {time} 1100 My grandfather was a United Methodist minister in the South Georgia Conference. He was a Navy chaplain during World War II, and went down and worked the South Georgia circuit after the war. They'd get together and get all the little nubs of the candles that they would have during the year and melt them all together to put together those Christmas candles.…
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I thank my friend from Georgia for yielding. And I want to welcome our new colleague to the Chamber. This isn't usually the way that it is, and nothing about the path you took to get here is usually the way that it is. But so often, on…
I would like to share with my friend, the chairman, that I have no further speakers remaining, and I am prepared to close when he is. Mr. McGOVERN. Madam Speaker, I am prepared to close. {time} 1130
Though this bill is going nowhere, if we defeat the previous question this morning, I will offer an amendment to take up three bills that are partnership bills that can go through the Senate to the President's desk and make a real…
On that I demand the yeas and nays. The SPEAKER pro tempore. Pursuant to section 3 of House Resolution 965, the yeas and nays are ordered. The vote was taken by electronic device, and there were--yeas 230, nays 180, not voting 20, as…





