Frank Lucas: “If you were a Member of Congress from Louisiana and you voted for the Waxman-Markey bill as it is now, could you go…”

Folks back home are always very concerned about inflation and the period we have gone through lately.

The fact is the inflation is still running above the Fed's 2-percent target.

I have spent much time screaming about the potential impacts of the Basel capital requirements on the American economy.

Before I yield to the gentlewoman from Iowa, I will simply note that like all legislative processes with the signature of the President on this piece of legislation, it will supersede the appropriated law. It will be straightforward. Mr…