If they are price insensitive, if they do not care what the price is because they are sure they are going to make money on the next month as they roll it over, why isn't everybody doing that?

So you agree we have to have some speculators in the market to make a market.

what the Senator from Maine just said is that $4.2 million is going to be unsuccessful and $2.8 million might be. The fact is that with a $1.3 trillion deficit and a $15 trillion debt, we can't continue to do this no matter how great it…

this is a straightforward amendment on a program that fails 70 percent of the time. We spend $35 million a year. It has an abject failure rate. Only 30 percent of it results in anything positive happening; 70 percent of the time it does…

there are 4,000 properties in the United States that get money from HUD for housing to help people whom we want to help. There are 450 owners who are chronically on the list of slumlords, who put the people who live in these houses in…

$1 million a year and we are giving them money. We have a $1.3 trillion deficit, and we continue to hear the defense of that. It would be great if we do a new farm program. But the fact is, that is not a given. If we pass this amendment…

is the next ordered amendment No. 796? The PRESIDING OFFICER. That is correct.

I ask for the yeas and nays. The PRESIDING OFFICER. Is there a sufficient second? There is a sufficient second. The question is on agreeing to the amendment. The clerk will call the roll. The assistant legislative clerk called the roll.

we have 2,705 people in this country who had adjusted gross incomes in excess of $2.5 million last year who got farm payments--direct farm payments. This is an amendment that will limit adjusted gross incomes above $1 million from…

they did offer, but they told us they didn't have the time to work it out. The fact is, these are life-threatening emergencies. If one person dies because we don't do this, it is on our hands. I ask for the yeas and nays. The PRESIDING…

I ask for the yeas and nays. The PRESIDING OFFICER. Is there a sufficient second? There is a sufficient second. The question is on agreeing to amendment No. 796. Under the previous order, the amendment requires 60 votes for adoption. The…

This is an amendment that addresses something that is going on that I think we should not allow. We have a lot of great programs that help a lot of cities and States out by creating loans that allow the cities and States to do something…

how much time do I have remaining? The PRESIDING OFFICER. The Senator has 16 seconds remaining.

I have talked with Senator Webb. Some of what he wants to do is probably fine, but we are absolutely ignoring the U.S. Constitution if we do this. We have no role, unless we are violating human rights or the U.S. Constitution, to involve…

I ask the pending amendment be set aside and my previous pending amendment No. 792 be brought up. I have a modification to that amendment that I sent to the desk. I thank the Senator from California for giving me this privilege. The…

I wish to speak for a moment in regard to amendment No. 739, which is Senator McCain's amendment. Senator McCain has been very careful with this amendment, to make sure, in terms of enhancements, that he excluded those things that were…

I ask unanimous consent that the amendment be considered as read. The PRESIDING OFFICER. Without objection, it is so ordered. The amendment is as follows: (Purpose: To prohibit the use of funds to provide direct payments to persons or…

I ask unanimous consent that the pending amendment be set aside and amendment No. 791 be called up. The PRESIDING OFFICER. Without objection, it is so ordered. The clerk will report. The assistant legislative clerk read as follows: The…

I ask unanimous consent that the amendment be considered as if read. The PRESIDING OFFICER. Without objection, it is so ordered. The amendment is as follows: (Purpose: To end payments to landlords who are endangering the lives of children…

This is a straightforward amendment. We have had a lot of talk about millionaires in the country, but what most people don't realize is that there are a lot of farmers in this country whose adjusted gross income is well in excess of $1…

This is another fairly straightforward amendment. We have significant housing for people who have a need in our country. But inside that program, in HUD, there are payments being made for housing complexes with life-threatening conditions…

I submit the following notice in writing: In accordance with Rule V of the Standing Rules of the Senate, I hereby give notice in writing that it is my intention to move to suspend Rule XXII, Paragraph 2, including germaneness requirements…

I have worked with Senator Tom Coburn, with Senator Brown, and with others on this panel to work on bipartisan legislation that curbs waste and fraud in both Medicaid and in Medicare.

We need to be honest about what these findings mean. They mean that Federal dollars intended to address the health needs of the elderly and the poor are instead being used to feed addictions or to pad the wallets of drug dealers.

This is clearly unacceptable.