David Obey: “I would certainly think in a period where Mr. Greenspan and company have begun an upward ratcheting of interest rates…”

This amendment was a Republican amendment offered by Mr. Cole from Oklahoma. It was not slipped in. It was voted in in the subcommittee appropriation bill 5 months ago.

I happen to agree with the gentleman from Virginia on the substance of the issue. But the fact is that the Interior Appropriations Subcommittee voted in open session with open debate to adopt the Cole amendment. Now, as chairman of the…

Why do you keep saying we're borrowing money to add to the summer youth program when this bill fully offsets every dime that we're spending on it?

The way I see it, we're watching a let's pretend attack on the deficit tonight by singling out these items that cost about a million bucks. If Members are concerned about the deficit, I would ask, why did they vote for two tax cuts…