I think we have three issues. First of all, the economy is still in trouble. Secondly, people need unemployment insurance, an extension of that; and, thirdly, we have a hole right in the City of New York and we have got to fill it. Now what is not clear is how we go about fixing these things. Members can say the alternative minimum tax is a boondoggle and it does not help economic recovery. But I could say it does. But the important thing is we get investment and people back to work. Now, that is a difficult situation. When times are good, we do not do anything. When times are bad, there is the point when the government has to step in. And frankly, something has to be done. And I do not know whether it will be resolved here or whether it will be resolved in conference. But something has to be done by the United States Government to try to put a little juice and a little impetus back into the economic recovery. If not, we are just going to be languishing and waiting.
Editor's note · Context
Addressing economic issues and the need for unemployment insurance during a floor speech.
Share
More from Amory Houghton
this is an important--no, a critical debate. It is right that we have it. I stand here as one who enlisted in the Marine Corps in 1994, voted for Desert Storm, and has always believed that the first federal dollar spent each year should go…
I want to stand here, though, and say that in 1944 I enlisted in the Marine Corps. I voted for Desert Storm. I have always felt that the first dollar of Federal money should go into defense, to be able to protect our country. But I am…
I happen to feel, and I have been around this pension business a long time, that the Sanders amendment is going to unfairly tie the hands of the Treasury Department. Now, that is not important to some people, but it is to the general…
I know there is a lot of emotion on this. But I would like to speak on the other side of this issue. On May 25 of this year, just before we left for the Memorial Day break, the gentleman from Texas (Mr. Doggett) offered a 527 amendment to…





