Harold Volkmer: “Got to remember we have got to borrow the money to spend this $8 million to keep these scientists on the payroll. That…”

“Got to remember we have got to borrow the money to spend this $8 million to keep these scientists on the payroll. That is what we are going to have to do. Now it is not only corporate welfare who benefits. We heard the gentleman from Pennsylvania talk about all the things that will naturally flow from this basic research. Impossible. It is a possibility; it is not a necessary. It is not that it will happen. It is a problematical out there. In the meantime we are spending all this money, and we are making the cuts. I would just like to point out, and the gentleman mentioned I did not know this, that in the retraining programs under NAFTA, Mr. Chairman, they have cut that money? I just had a plant close in my district in the last month. In a small town the largest employer is going to Mexico; they are going to Mexico. Now, if they have gone ahead and proposed to cut those funds, I do not know what those people are going to do. That was our last hope, the only hope. There is no other plant out there. This is a farming community. We do not have another plant for them to go to work at.”