I thank the majority leader for recognizing me. Last week, the Senate gave tax handouts to millionaires, billionaires, and multinational corporations that ship jobs overseas, and the middle class got almost nothing. This week, it is the banks' turn, and just like last week, working people get ignored again. The bill the Senate Banking, Housing, and Urban Affairs Committee will take up tomorrow, S. 2155, puts taxpayers at risk of another bank bailout and puts homeowners at risk of the same traps that led to the foreclosure crisis, all while, again, doing virtually nothing for hard- working Americans. While Congress has been preoccupied doing the bidding of special interest lobbyists, American families started getting notices in the mail that their Children's Health Insurance Program, or CHIP, health insurance will be yanked away. There are 209,000 children in my State, the sons and daughters of low-income workers making 8, 10, or $12 an hour and who don't have insurance. Having started bipartisan and having always been enacted and renewed in a bipartisan manner over the last 20 years, the CHIP program will be yanked away. Virginia will be next, then Ohio, and then other States where parents will go to their mailbox and open up a letter from the government saying: Sorry, your children's health insurance is gone. The Senate is doing nothing to stop it.…
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