Mr. Speaker, pursuant to House Resolution 1001, I call up the bill (H.R. 5351) to amend the Internal Revenue Code of 1986 to provide tax incentives for the production of renewable energy and energy conservation, and ask for its immediate…
Mr. Speaker, pursuant to House Resolution 1001, I call up the bill (H.R. 5351) to amend the Internal Revenue Code of 1986 to provide tax incentives for the production of renewable energy and energy conservation, and ask for its immediate consideration.
Mr. Speaker, I have asked the nonpartisan Joint Committee on Taxation to make available to the public a technical explanation of the tax provisions of H.R. 5351. The technical explanation expresses the committee's understanding and legislative intent behind this important legislation. This explanation, document JCX-19-08, is currently available on the Joint Committee's Web site.
H.R. 5351 presents a step in the right direction as Congress moves to address the issue of climate change and energy security.
Mr. Speaker, we have an opportunity today to once again visit this important international and certainly national crisis that our country is facing today. Richard Neal, an outstanding member of the Oversight Committee, working with my dear friend, Phil English, was able to explore how the Congress might be more aggressive in dealing with this serious problem.
It is clear that one day our children and grandchildren will be asking us, during this period of time, what were we doing as relates to climate control. What role did we play to avoid our dependency on fossil fuel? How many lives have been lost as a result of our Nation feeling insecure about oil reserves throughout the world? Did we attempt to conserve? Did we protect the Earth? Did we create the jobs? Did we fulfill our moral obligation?
I hate to see that the record is going to say that here we go again, that we have done this before, that the Senate hasn't acted, or that other Members would take the time to talk about
other pieces of legislation instead of devoting all of their attention as to how we can make this issue one that the President can come to the table and join with us and attempt to resolve.
Mr. Speaker, we have an obligation to find renewable sources of energy, to conserve what we have, to test the winds, the waters, solar, to do all that we can to make certain that we meet the challenges that arise on our watch.
And so I reserve the balance of my time, Mr. Speaker, but I do hope that the discussion we have today, that Members realize that the whole world is watching, history is being made, and it is our choice as to whether we have made a positive contribution or whether some Members have preferred to be a political impediment to that progress. But no matter how many times we are rejected by the Senate, our Speaker and leadership are committed to be able to say that on our watch, while we were here, we have done all we could do in order to face and resolve this serious problem.
I reserve the balance of my time.
Mr. Speaker, I yield myself such time as I may consume.
Mr. Speaker, referring to the threat of the national security of the oil producers in Venezuela is a clear example of a failed energy policy in this country, whether it is South America or whether it is the Middle East. But it should be pointed out for the record, as compiled by the Center for American Progress, profits during the Bush administration for oil companies have risen from $30 billion to $103 billion. We don't think it is asking too much for them to assist in partnership to find out whether there is a better way to fuel our energy needs.
Mr. Speaker, I yield 2 minutes to the gentleman from Michigan (Mr. Levin), an outstanding Member of the Congress and distinguished member of the Ways and Means Committee.
(Mr. LEVIN asked and was given permission to revise and extend his remarks.)
Mr. Speaker, I yield myself such time as I may consume.
Mr. Speaker, the gentleman from Texas and the distinguished member of the Ways and Means Committee I think explained why there are such high profits in the oil industry, and if that is the explanation, I assume, if they are looking forward to continuous higher profits as they have been reaping during this administration, that they are in support of this legislation.
Mr. Speaker, I yield 3 minutes to the gentleman from Washington (Mr. McDermott), a member of the Ways and Means Committee.
Mr. Speaker, I yield 30 seconds to the gentleman from Oregon (Mr. Blumenauer).
I would like to yield 3 minutes to an outstanding Member of Congress who has worked so hard on the Ways and Means Committee, Ms. Schwartz of Pennsylvania.
Mr. Speaker, it seems as though a lot of attention is being given to Hugo Chavez and CITGO and, I guess, Castro and maybe Osama bin Laden, but when the final record is established, it would be that we have a lousy energy policy in this country. We just hope you would join with us in trying to protect our great national security.
I would like to yield 3 minutes to Richard Neal from Massachusetts, the subcommittee chairman of oversight, who has done a fantastic job on this subject, and for this your Nation is thankful.
(Mr. NEAL of Massachusetts asked and was given permission to revise and extend his remarks.)
Mr. Speaker, when history is reviewed and we see where our Nation is and what bright light we have in not just identifying the problem but providing the solutions, the Speaker has given us all an opportunity to be a part of that great compromise in terms of working with the private sector and working with Republicans and Democrats. And it doesn't make any difference how many setbacks we have, the commitment she made continues. And until we can get a bipartisan ear in the White House, or until the Senate understands that our time has come to face up to the problems in terms of global warming and national security and in terms of the ever-increasing costs of fuel, and to be able to say on our watch we met the challenge and we moved forward, no one voice, no one leader has provided more of an opportunity for us to resolve this serious problem than the Speaker of the House of Representatives. It is indeed my privilege to yield 1 minute to her at this time.
I really want to thank the gentleman for the way you have raised the question. Rumor had had it that you intended to attack this provision of the bill.
I want to thank the gentleman for that, and what I was about to say, that it didn't surprise me that you did not attack it. I said rumor had it, but knowing the gentleman that you are and the concern you do have for sound fiscal policy, I want to first thank the gentleman for the way you raised the question and giving me an opportunity to share this provision with you. And if necessary, I will perhaps give myself additional time if you are not adequately satisfied.
First of all, I think we all agree when 9/11 occurred and the World Trade Center was hit----
If you are going to restrict my response, the general explanation for what you ask is in the President's budget. He has supported it in his budget, and the Joint Committee advisory opinion has been superseded by the chairman of the committee, which is me, has been authorized in support of requests by a Republican mayor and a Republican Governor.
Now, the answer to what you want is in the Department of Treasury report, 2008. If you don't want the details, then I yield back to you and I cannot answer any further.
I understand that, but you can't ask serious questions and expect not to get answers.
It is not an official earmark. And it can't be determined that, and the Record would so record that it is not an earmark.
Only because the opinion was considered officially and legally as an advisory opinion.
Let me make this abundantly clear. Earmark or no earmark, our country was hit, it was New York City, came to the rescue. Because of the way the bond issue was created, it expired, and the President of the United States believed, in fairness to the community that was hit, on behalf of the people of the United States of America, that there should be an extension of this. So we're not talking about any new earmark. We're talking about an extension of the compassion that this Congress has given my city and my community.
Let the record establish that the Chair has shared with you, and you can call the Parliamentarian or anyone else you want, this is not considered as an earmark.
But let me say further that even if it was, I would side with the President of the United States.
Mr. Speaker, I yield 2 minutes to the gentleman from California (Mr. Becerra), a part of the Democratic leadership in the House, an outstanding member of the Ways and Means Committee, and I welcome his being recognized.
I would like to recognize for 2 minutes the gentleman from Texas (Mr. Doggett).
Mr. Speaker, I guess the Record should indicate that our failed energy policy is due to Hugo Chavez.
I would like to yield 2\1/2\ minutes to my friend from North Dakota (Mr. Pomeroy).
Mr. Speaker, I recognize Mr. Pascrell for 2 minutes.
(Mr. PASCRELL asked and was given permission to revise and extend his remarks.)
I would be glad to. And I would like to ask that the gentleman from Illinois (Mr. Emanuel) be recognized for 2 minutes.
At this time, I would like to yield 2 minutes to the gentlelady from Nevada (Ms. Berkley).
I welcome the opportunity to recognize Mr. Van Hollen from Maryland for 3 minutes.
Mr. Speaker, I would like to recognize the gentlelady from Arizona (Ms. Giffords) for 2 minutes.
Mr. Speaker, first let me once again thank Mr. English for the diligent way that he addresses the problems that are before our committee. His working with Richard Neal makes me proud to be a member and chairman of the Ways and Means Committee. I do hope that at some point that we will be able to get past the barrier of partisanship to deal with a national security issue, a global climate issue, an issue that should challenge all partisanship as we move forward.
It defies common sense to believe that the oil industry that is receiving billions of dollars in profit would even consider the $14 billion that we are talking about. It is almost like grains of sand on the beach. We are asking them to be partners with us, not just for their shareholders, which they know how to take care of, but for their country, to be able to say that our foreign policy should not be directed by where oil is, to be able to say at the end of the day we can tell our kids and grandkids that we tried to protect the atmosphere of this great country, to be able to say that there are alternatives, that we don't have to rely on fossil fuels. We have the genius. We have the creativity. And this bill provides the incentives to see whether we can use the wind, the water, waste, solar, whatever it takes. We have the know-how given the opportunity which this bill will give to deal with it. We can create products that conserve energy. We can increase our surplus in terms of trade by being able to produce products that are far more competitive than what we are doing today. What a great opportunity for us.
And when we talk about potential recession or whatever the President wants to call it, we have to recognize the big role that the increase in the price of oil has played with families who used to consider themselves middle income and now are faced with ever-increasing home fuel costs, automobile costs and all of these things, and to find that we have to give them $159 billion because they don't have the ability to put food on the table or shoes on their kids' feet or to pay their rent or to pay their mortgage. All of this, we can handle these problems if we work together in a bipartisan way. We even go as far as to say in the bill that we don't have all of the answers. We provide tax-exempt bonds for mayors and Governors and people with exciting ideas of how to make greenhouses and increase the efficiency of our commercial buildings as well as our residents.
Why don't we give hope a chance and give the challenge to America a chance, force the Senate to come to meet with us and in a bipartisan way
in the House to be able to say that we are prepared to do these things.
And so I do hope that people would reconsider that did not support H.R. 5351. I do hope and congratulate the leadership and Nancy Pelosi, our Speaker, for never giving up and not giving in just because we face political obstacles. The record is going to indicate which side we were on, and it is abundantly clear, were you on the side of Big Oil or were you on the side of change and wanting to make certain that we met the challenges that we are forced to do.
General Leave
Mr. Speaker, I ask unanimous consent that all Members have 5 legislative days in which to revise and extend their remarks and insert extraneous material on the bill, H.R. 5351.
Mr. Speaker, I encourage our membership to support this bill.
Mr. Speaker, I yield back the balance of my time.
Mr. Speaker, I reserve a point of order.
I have a point of order at the desk and I insist on my point of order.
Mr. Speaker, I make a point of order that the motion to recommit is not germane to the underlying bill, and I insist on my point of order.
Mr. Speaker, I object. The proponent is not dealing with the question of the point of order but is dealing with another subject matter.
The proponent's speech is not related to the parliamentary question of the relevancy to the point of order.
Mr. Speaker, it is abundantly clear that the rules of the House are being abused for purposes of calling attention to another piece of legislation, and I insist on my point of order.
I would like to be heard in opposition.
Mr. Speaker, I have all the respect for the proponent of the motion to recommit on the subject matter that he is trying to bring to the attention of this House, but the Record has got to indicate that as this great Nation and this House try to deal with the serious problem of global warming, of loss of jobs, of national security, of a variety of things that we should be focused on, that if the rule should be used constantly throughout this debate for a purpose other than the reason why this bill is before this House, it not only violates the parliamentary rules, but the spirit in which we should be looking at this energy bill. So I insist on my point of order.
Mr. Speaker, I move to table the appeal.
Before I speak, may I have a parliamentary inquiry?
Notwithstanding the rhetoric of the sponsor, does this motion to recommit kill the underlying bill?
I am asking what would be the impact if this were to pass. Would it kill the bill?
Mr. Speaker, I rise in opposition to the motion.
Mr. Speaker, I oppose the motion, and I am a little embarrassed about an issue that came up during the debate on this bill as related to the unity and the support for my great city, New York. I oppose the motion for many reasons, but the prime one is that this actually kills the bill and prevents us from taking a vote, but I don't think that they seriously would want us to consider the provisions here that they have in the motion.
But having said that, I am embarrassed that one of the issues that is in the motion to recommit is that they not allow the City of New York, with the support of the President of the United States, and have it included in the President's budget, the opportunity to utilize tax- exempt bonds, bonds that were given for the specific purpose of assisting us in recovering from that tragic terrorist attack on September 11.
After study by the administration and conversations which they had with the Republican and Democrat mayor and Governor of our great State, they reached the conclusion that the fair and equitable thing, because of the impediment under which the original tax-exempt bond issue was written, that it was inaccurately written and it would expire if this provision wasn't there. Someone on the other side called it an earmark. Well, if it is an earmark, it is a compassionate earmark that is supported by the President of the United States and the Secretary of the Treasury.
I just ask you, in case somebody of good conscience would ask, Why would you do a thing like that in a motion to recommit? to give you the opportunity to say, I just didn't know that it was in there.
So for all of those reasons, I ask that we defeat the motion to recommit, Mr. Speaker.
Parliamentary Inquiries
Mr. Speaker, parliamentary inquiry.
If it was reported back, would it comply with the PAYGO rules of the House of Representatives, Mr. Speaker?