United States House of Representatives 1414 - 1514
HOUSE FLOOR DEBATE:
The House will meet at 2:00 p.m. for legislative business.
Votes will be postponed until 6:30 p.m.
Suspensions (8 bills):
1) H.R. 988 - To designate the facility of the United States Postal Service located at 5757 Tilton Avenue in Riverside, California, as the "Lieutenant Todd Jason Bryant Post Office" (Rep. Calvert - Oversight and Government Reform);
2) H.R. 1425 - To designate the facility of the United States Postal Service located at 4551 East 52nd Street in Odessa, Texas, as the "Staff Sergeant Marvin "Rex" Young Post Office Building" (Rep. Conaway - Oversight and Government Reform);
3) H.Res.273 - Supporting the goals and ideals of Financial Literacy Month, and for other purposes (Rep. Hinojosa - Oversight and Government Reform);
4) H.Con.Res.71 - Commemorating the 85th Anniversary of the founding of the American Hellenic Educational Progressive Association (AHEPA), a leading association for the Nation's 1.3 million American citizens of Greek ancestry, and Philhellenes (Rep. Maloney - Oversight and Government Reform);
5) H.Res.179 - Expressing support for a National Foster Parents Day (Rep. Boyda - Oversight and Government Reform);
6) H.Con.Res.88 - Honoring the life of Ernest Gallo (Rep. Cardoza - Oversight and Government Reform);
7) H.Res.252 - Recognizing the 45th anniversary of John Hershel Glenn, Jr.'s historic achievement in becoming the first United States astronaut to orbit the Earth (Rep. Space - Science and Technology);
8) H.Con.Res.76 - Honoring the 50th Anniversary of the International Geophysical Year (IGY) and its past contributions to space research, and looking forward to future accomplishments (Rep. Udall (CO) - Science and Technology) )
14:07:09.9 one of the fastest growing modern economies on earth. and its number one trading partner is america. i am confident that the phenomenal economic transformation can lead to expanded freedoms so the people of vietnam and china. in conclusion, god bless our
14:07:26.0 troops, and we will never forget september 11. our prayers are with the virginia tech families. the speaker pro tempore: for what purpose does the gentlewoman from north carolina rise? ms. foxx: permission to address the house for one minute, mr. speaker.
14:07:40.2 the speaker pro tempore: without objection. ms. foxx: thank you. mr. speaker, i rise today to honor the life of sergeant howard pluff who was killed last month while eafering a call from sheriff's deputies in winston-salem. he selflessly served his family
14:07:56.7 and community for more than 17 years in the winston-salem police department. he was dedicated to community development and service. he was an assistant coach in the southwest little league and was a member of the catholic
14:08:13.0 church. he permeated this great country, and i'm saddened by the profound loss that his death will be to his family, his police colleagues, his friends and our community. he grew up on long island, near new york city, joined the
14:08:28.5 winston-salem police department in 1989, and was promoted to sergeant in 1999. sergeant pluff's career as a police officer was punctuated by his commitment by serving our community in north carolina with distinction and honor.
14:08:44.6 he did not hesitate to go above and beyond the call of duty. in fact, during his time with the which iston salem police department, he was awarded the highest honor, the medal of valor in 2003, for helping prevent the suicide of a woman who threatened to jump to her
14:08:59.7 death from her apartment building. his death leaves a gaping hole, not only with his family, but within the ranks of winston-salem's police department. he left behind a loving wife joyce, who's a third grade teacher at southwest elementary school, and 13-year-old
14:09:16.1 daughter and 11-year-old daughter. mr. speaker, my thoughts and prayers are with sergeant pluff's wife and daughters and his extended family. may god bless them and comfort them during this confident time. -- difficult time.
14:09:31.6 he was a blessing to the many whose lives he touched. he will be sorely missed. the speaker pro tempore: pursuant to clause 8 of rule 20, the chair will postpone further proceedings today on motions to suspend the rules on
14:09:46.2 which a recorded vote or the yeas and nays are ordered, or on which the vote is objected to under clause 6 of rule 20. recorded votes are postponed. questions will be taken tomorrow. the chair lays before the house
14:10:17.8 a communication. the clerk: the honorable the speaker, house of representatives, madam, this is to notify you formerly pursuant to rule 8 of the rules of the house of representatives that i have received a subpoena issued
14:10:34.9 in the county court for weld county, colorado, for testimony and documents in a criminal case. after consultation with the office of general counsel, i have determined that compliance with the subpoena is
14:10:48.3 inconsistent with the precedents and privileges of the house. signed sincerely, marilyn musgrave, member of congress. the speaker pro tempore: the chair lays before the house a communication. the clerk: the honorable the
14:11:04.4 speaker, house of representatives, madam, this is to formerly notify you pursuant to rule 8 of the rules of the house of representatives that i have been served with a judicial subpoena for documents issued by the united states district court for the district of columbia.
14:11:19.3 after consulting with the office of general counsel, i will make the determinations required by house rule 8. signed sincerely, darrell e. issa, member of congress. the speaker pro tempore: the chair lays before the house a
14:11:34.9 communication. the clerk: the honorable the speaker, house of representatives, madam, this is to formerly notify you pursuant to rule 8 of the rules of the house of representatives that i have been served with a judicial subpoena for documents issued by the united states district court for the district
14:11:51.7 of columbia. after consulting with the office of general counsel, i will make the determinations required by house rule 8. signed sincerely dun caan hunter, member of congress. -- signed sincerely, duncan hunter, member of congress.
14:12:08.2 the speaker pro tempore: for what purpose does the gentlelady from california rise?
14:12:53.3
14:13:03.1 the speaker pro tempore: the gentlewoman from california. >> mr. speaker, i move that the house suspend the rules and agree to h.r. 988.
14:13:16.0 the speaker pro tempore: the clerk will report the title of the bill. the clerk: h.r. 988, a bill to designate the if a a silt of the united states postal service located at 5757 tilton avenue in riverside, california, as the lieutenant
14:13:29.3 todd jason bryant post office. the speaker pro tempore: pursuant to the rule, the gentlewoman from california, ms. watson, and the gentlewoman from north carolina, ms. foxx, each control 20 minutes. the chair now recognizes the gentlewoman from california.
14:13:45.0 ms. watson: mr. speaker, i ask unanimous consent that all members may have five legislative days in which to revise and extend their remarks. the speaker pro tempore: without objection. ms. watson: mr. speaker, h.r. 988, legislation introduced by
14:14:04.7 representative ken calvert, to designate the facility of the united states post office located at 5757 tilton avenue in riverside, california, as the lieutenant todd jason
14:14:19.3 bryant post office. on october 31, 2003, somewhere in the iraqi desert between fallujah and baghdad, first lieutenant todd jason bryant
14:14:35.7 was killed when his humvee was struck headon by a rocket-propelled grenade. his life was taken instantly at age 23. he was assigned to c company 134-ar.
14:14:52.8 where he assumed duties as platoon leader third platoon. first lieutenant todd bryant received the bronze star, the purple star, the service medal, the national defense service
14:15:09.7 medal and the army service ribbon for his distinguished service to his country. . first lieutenant todd bryant is survived by his wife, his parents, his brother, major
14:15:26.9 timothy bryant, usmc, and his sister.
14:15:33.0 the memory of this jovial, fun-loving man will live on forever through his family and friends. jennifer bryant said there was a lot more to him than just a soldier.
14:15:46.6 he was my best friend. his goal in life was to make people think that he was the most hilarious man alive. i support h.r. 988 and urge its passage.
14:16:05.9 mr. speaker, i reserve the balance of my time. the speaker pro tempore: the gentlewoman reserves her time. the gentlewoman from north carolina. ms. foxx: thank you, mr. speaker. i yield myself such time as i
14:16:16.8 may consume. lieutenant todd jason bryant was a proud and loyal american who served his country in fighting the war on terror. he made the ultimate sacrifice, defending freedom and liberty when he lost his life on october
14:16:35.7 31, 2003, in iraq. todd jason bryant was born in long beach, california, on january 14, 1980. as a young student he was very athletic and always involved in high school -- in school
14:16:50.1 activities. during high school he played football and golf and also played the tuba in the marching band. he was the youngest of three and was determined to follow in his siblings' path by enlisting in the military. at 17 he joined the army
14:17:05.4 reserves and completed boot camp before graduating from high school. he received his nomination to west point academy from the sponsor of this bill, congressman ken calvert, he graduated from west point in 2003 with a degree in political science.
14:17:20.6 he had said before his death that he dreamed of being either a member of congress or a high school football coach. his military training took him to installations in kentucky and kansas, only nine days before bryant was sent to support operation iraqi freedom in 2003,
14:17:39.9 he happily wed jennifer in pitston, pennsylvania. on friday, october 31, 2003, at the age of 23, lieutenant bryant was killed when a rocket-propelled grenade struck
14:17:53.8 his humvee while on patrol in fallujah. he was an ambitious man who was able to accomplish much in his short but meaningful lifetime. among his military awards are the bronze star, purple heart, meritorious service medal,
14:18:11.0 national defense service medal, and the army service ribbon. lieutenant bryant will always be remembered as a fun loving, humorous, cheerful, proud, and loyal friend, husband, son, and brother. he brought joy to all those
14:18:27.1 around him, easily making friends through his contagious laughter. lieutenant bryant was honored to serve his country and he served it well. let us honor his ultimate sacrifice by renaming this post office for him.
14:18:42.8 thank you, mr. speaker. i reserve the balance of my time. the speaker pro tempore: the gentlewoman reserves her time. ms. watson: mr. speaker, i reserve the balance of my time. the speaker pro tempore: the
14:18:58.6 gentlewoman from north carolina. ms. foxx: i yield back the balance of my time. the speaker pro tempore: the gentlewoman from california. ms. watson: i yield back the balance of my time. the speaker pro tempore: all time for debate has been yielded back. the question is, will the house
14:19:17.1 suspend the rules and pass h.r. 988. so many as are in favor say aye. those opposed, no. in the opinion of the chair, 2/3 of those voting having responded in the affirmative, the rules are suspended, and the bill is passed.
14:19:32.5 without objection the motion to reconsider is laid upon the table. miss watt son: -- ms. watson: , mr. speaker, i move that the house suspend the rules and agree to h.r. 273. the speaker pro tempore: the
14:19:50.6 clerk will report the resolution. the clerk: house resolution 273, resolution supporting the goals and ideals of financial lilt acy month -- literacy month, and for other purposes. the speaker pro tempore: pursuant to the rule, the gentlewoman from california, ms. watson, and the gentlewoman from north carolina, ms. foxx, each control 20 minutes.
14:20:07.5 the chair recognizes the gentlewoman from california. ms. watson: mr. speaker, i ask unanimous consent for all members may have five legislative days in which to revise and extend their remarks. the speaker pro tempore: without
14:20:23.2 objection. ms. watson: the importance of financial and fiscal responsibility cannot be
14:20:31.3 overstated. personal financial literacy is essential to ensure that individuals are prepared to manage money, credit, and debt and become responsible workers, heads of households, investors, entrepreneurs, business leaders,
14:20:47.5 and citizens, and that is why i'm pleased to support h.r. 273. personal savings as a percentage of personal income decreased from 7.5% in the early 1980's to a negative 0.2% in the last
14:21:07.1 quarter of 2005. as the resolution notes, 92% of college students acquire at least one credit card by their second year in college. yet only 26% of people between
14:21:23.5 the ages of 13 and 21 reported that their parents actively taught them how to manage money. the jump-start coalition for personal financial literacy
14:21:38.2 seeks to improve the personal, financial literacy of young adults. jump-start's purpose is to evaluate the financial literacy of young adults, develop, disseminate, and encourage the
14:21:54.1 use of financial education standards for grades k to 12, and promote the teaching of personal finance. to that end, jump-start has established 12 must-no personal financial principles for young
14:22:12.7 people to improve their financial future. these 12 principles should be followed by adults as well. the 12 financial principles stress during the financial
14:22:29.6 literacy month for youth are mapped out of -- for your financial future. they do not expect something for nothing, and high returns equal high risk. yet your take home 35eu -- pay
14:22:45.2 and compare interest rates, pay yourself first, and money doubles by the rule of 17, to determine how long it would take your money to double. divide the interest into 72, and
14:23:01.2 your credit past is your credit future. start saving young, stay insured, budget your money, do not borrow what you cannot repay, and let me add one more thing, pay all your taxes.
14:23:17.1 so, mr. speaker, i'm pleased to support this resolution, supporting the goals of financial literacy month, and urge all my colleagues to support it. mr. speaker, i reserve the balance of my time. and i yield back my time and,
14:23:37.2 mr. speaker, i do demand the yeas and nays. the speaker pro tempore: the gentlewoman reserves her time. the gentlewoman from north carolina. ms. foxx: thank you, mr. speaker. i yield myself such time as i
14:23:50.5 may consume. today many americans do not know how to balance a checkbook, intelligently invest their money, or financially plan for their retirement. studies have shown that few young adults living in this
14:24:07.0 country know how to responsibly use a credit card. this is a time when debt is on the rise and savings have dropped to negative 1% of personal income. it is clear that teaching financial literacy is imperative
14:24:22.9 for individuals to learn how to manage their money, credit, and debt. while many states require high schools to teach financial education, increased economic education is still necessary. m. res. -- h.res. 273 recognizes
14:24:39.5 the goals and ideals of financial literacy month and raises awareness of the importance of financial education. it is our hope that the president calls on the government, state, other
14:24:53.1 government organizations to observe the month with relevant programs and activities supporting financial education. learning about savings and investing is especially important for today's young generation.
14:25:06.4 because of the uncertainty of the future of social security. more so than ever, private savings play a larger role in determining one's retirement, and while there may be social security reform in the coming years, everyone must be able adequately to plan their savings
14:25:23.9 for the future. financial education has proved
14:25:28.0 very effective. simple projects such as stock market simulations help young people understand how to invest in stocks, bonds, and mutual funds. it is our hope they will retain these skills when they begin investing their own money.
14:25:43.1 organizations such as the jump-start coalition for personal finance literacy to help spread awareness, especially in young -- in school-aged children. the national council on economic education has established many
14:25:58.6 programs which give teachers the tools to teach their students basic economic skills and help them apply their knowledge to daily life. these groups recognize the need for more widespread financial literacy, but it is necessary for commong to place more
14:26:14.9 emphasis -- for congress to place more emphasis on this idea and encourage other organizations to participate in this movement as well. with a solid background knowledge of financial literacy, we can raise america's youth to become responsible employees,
14:26:28.8 helds -- heads of households, entrepreneurs, and business leaders. thank you, mr. speaker. i reserve the balance of my time. the speaker pro tempore: the gentlewoman yields back the balance of her time -- the gentlelady reserves the balance of her time. the gentlewoman from california.
14:26:43.7 ms. watson: mr. speaker, representative ruben hinojosa would speak, i yield itch -- him as much time as he will need. the speaker pro tempore: the gentleman from texas. mr. hinojosa: mr. speaker, i rise in strong support of house
14:27:01.4 resolution 273 that the gentlewoman from illinois, congresswoman judy biggert, and i introduced earlier this year. the legislation supports the ideals and goals of financial
14:27:16.3 literacy month which falls in april of each year. before i proceed, i want to take this opportunity to thank my good friend and colleague, congresswoman watson, from
14:27:34.2 california for managing time on this resolution for our side of the aisle. i also want to take this opportunity to thank all of my democratic colleagues who co-sponsored this important resolution this year. together with the tremendous
14:27:51.2 number of co-sponsors congresswoman biggert obtained, we broke our old record of 91 co-sponsors and garnered the support of 118 members of congress for this bill.
14:28:06.9 i am very pleased with this development. it shows that an increasing number of members of congress are beginning to see the light and come onboard financial literacy cause with me and congresswoman biggert.
14:28:22.8 it is imperative that we in congress pay more atext to the financial -- attention to the financial literacy rates to our citizens from prekindergarten all the way to retirement. the sooner that a person begins to learn good saving habits, the
14:28:38.7 better off he or she will be in the future. i'm especially pleased and honored to inform you that 18 cities and three counties in my congressional district have issued proclamations honoring
14:28:54.9 april 22 through the 28th of 2007 as financial -- as the national financial literacy awareness week. the sit zens in alphabetical order include the following,
14:29:10.6 beville, coal ms, donna, ed couch, edenburg, goliad, harlengin, la villa, mathis,
14:29:29.6 mcallen, mercedes, farr, santa rosa, weslico and also includes the three counties which are as follows -- duvall county, jim
14:29:44.5 wells county, and carns county. mr. speaker, i also want to take this opportunity to thank several state legislators for realizing the importance of financial literacy by taking action to address the diminishing understanding of
14:30:01.3 basic finance by u.s. high school students. a study completed in 2006 by the jump-start coalition for personal financial literacy found that high school seniors know less about principles of
14:30:17.5 basic personal finance than high school seniors did seven years earlier, and the average scores in both years in failing. .
14:30:28.2 our high school seniors are failing basic finance. add to that the fact that 55% of college students acquire their first credit card clurg their first year in college,
14:30:40.3 and 92% of college students acquire at least one credit card by their second year in college. yet 26% of people between the ages of 13 and 21 reported that their parents actively taught them how to manage money.
14:30:57.9 add all that together and you have a recipe for serious financial troubles down the road for college grad wits. luckily, in rinet -- graduates. luckry, in recent years state legislators around the country
14:31:12.4 have increasingly recognized the importance and effectiveness of financial education. as a result, an increasing number of states now require financial education during high school. i hope my colleagues and their staff are taking note on this
14:31:30.9 because the following states now require high school students to pass some form of financial education or literacy courses before they can graduate. those states include the following -- alabama, georgia,
14:31:46.8 idaho, illinois, kansas, kentucky, louisiana, missouri, new york, north carolina, ohio, south carolina, my great state of texas, utah, virginia, and
14:32:05.7 west virginia. i strongly recommend that my colleagues contact their state legislators and encourage them to impose similar requirements. mr. speaker, every day
14:32:24.5 consumers deal with money, from balancing a checking account to shopping for a mortgage, auto loan, researching way to get a
14:32:38.4 college education, saving money for retirement, understanding a credit report or simply deciding whether to pay cash or charge a purchase. the list goes on and on and on.
14:32:53.3 many consumers do not really understand their finances. now that we know that high school students are failing basic financial literacy exams. it is even more disconcerting
14:33:10.1 that adults are not fairing much better. high bankruptcy rates, foreclosures on homes, increased credit card debt, data security breeches and identity theft make it
14:33:25.8 imperative that all of us take an active role in providing financial and economic education during all stages of one's life. every year we here in congress discuss the future and solvency of social security, medicare,
14:33:41.6 and medicaid, and that concerns me considerably. but now that i've done some additional research into the demographics and financial standing of the baby boomers, i was shocked that the personal
14:33:58.3 savings as a percentage of income dropped a negative 1% in 2006, the lowest since the grate depression. even -- great depression. even worse, the average baby boomer has only $50,000 in
14:34:13.0 savings for retirement, apart from equity in their homes. these are very serious and disturbing facts that we in our state counterparts must address. to address these problems and
14:34:27.4 others, i co-founded and currently co-chair the congressional financial and economic literacy caucus with congresswoman judy biggert. the caucus seeks to address these issues head on by encreasing public awareness of
14:34:43.5 poor financial literacy rates and working to find the ways and means to improve those rates. the caucus has provided a forum for my colleagues to promote policies that advance financial literacy and economic
14:34:57.8 education. it is my hope that through the financial and economic literacy caucus we can continue to further educate americans about financial and economic topics ranging from the importance of saving, reducing credit card debt, obtaining a free annual
14:35:16.7 credit report, avoiding payday lenders, check cashers and especially these days predatory
14:35:26.1 lenders. hopefully the caucus can teach individuals to take care of their finances, to lead them down the path of homeownership. at this point, mr. speaker, i ask unanimous consent to enter
14:35:41.1 into today's record, letters in support of this resolution. they include letters from many, many groups. the speaker pro tempore:
14:35:56.0 without objection. mr. hinojosa: mr. speaker, all these letters that i'm holding include j.a. worldwide, national council on economic education, financial planning association, independent
14:36:12.4 bankers association of texas, master card, the american institute of certified public accountants, the national association of mortgage brokers , networks financial institute, the north american securities
14:36:30.8 administrators association. it includes hsbc, the independent community bankers of america, housing assistance council, national association of federal credit unions. it includes capital one as well
14:36:49.1 as visa, kerry schwab, financial services forum, financial services roundtable, national association of realtors, girls incorporated,
14:37:06.0 afsa fund, countrywide, first nations ouista, native americans. it includes the national association of affordable housing lenders, america's
14:37:20.0 community bankers, community bankers association, consumer mortgage coalition, texas credit union league, the state farm insurance company, freddie mac, wells fargo, and the
14:37:06.0 afsa fund, countrywide, first nations ouista, native americans. it includes the national association of affordable housing lenders, america's
14:37:20.0 community bankers, community bankers association, consumer mortgage coalition, texas credit union league, the state farm insurance company, freddie mac, wells fargo, and the
14:37:36.7 national youth involvement board. mr. speaker, several of these groups will be participating in the financial literacy day fair that will take place april 24 from noon to 4:00 p.m. here on the hill at the cannon caucus
14:37:52.2 room. it is my understanding that over 50 different groups will present their financial literacy products, their programs, and ideas during the fair. the last time we hosted the event, over 500 people attended the event, not only to take
14:38:08.9 advantage of the free financial literacy advice, but also to enjoy a wonderful buffet. i encourage my colleagues and their staff to attend the financial literacy day fair. again, i repeat it will be held april 24 from noon to 4:00 p.m.
14:38:25.9 in the cannon caucus room, and lunch will be served. on the same day after april 24, at 3:00 p.m. in room 2220 at the rayburn building, the
14:38:40.4 financial caucus is collaborating with visa on a different financial lit rass event. visa -- literacy event. visa is providing one person to respond to questions.
14:38:55.6 both members and staff are invited to this event at 22020 rayburn from 3:30 to 5:00 p.m., which i believe will be beneficial and a huge success. in closing, mr. speaker, our country is suffering
14:39:13.9 financially and our constituents are not armed with the tools they need to provide for a good future. for these reasons and more, i encourage my colleagues to support this resolution. with that i yield back the remainder of my time.
14:39:32.2 the speaker pro tempore: the gentlewoman from north carolina. ms. foxx: thank you, mr. speaker. i yield as much time as she may consume to my distinguished colleague from the state of illinois, mrs. biggert, the co-sponsor of this legislation. the speaker pro tempore: the
14:39:47.0 gentlewoman from illinois. mrs. biggert: thank you. i thank the gentlewoman for yielding. i rise in support of house resolution 273, to designate april as the financial literacy month. this has been the fourth year for working with my friend and colleague and fellow chair of
14:40:03.5 the house financial and economic literacy caucus, mr. hinojosa, to promote the goals and ideals of financial literacy month. i am amazed at the progress that we have made so far over the last few years in raising
14:40:19.4 awareness about the importance of greater financial literacy
14:40:24.3 and economic education. hundreds, if not thousands of public, private sector, nonprofit and community-based organizations across the country have established financial literacy programs. more than 50 of them will be on
14:40:38.1 hand in the cannon caucus room on april 24, to share the benefits of their knowledge and experience at the annual financial literacy day fair. and i encourage all of our colleagues to attend and learn more about these important
14:40:54.2 efforts. as mr. hinojosa mentioned, we have received dozens of letters in support of these efforts, and this financial resolution from different organizations.
14:41:08.4 i think this year we've set a new standard for unity on this issue with well over 100 members of congress co-sponsoring this resolution. in doing so, i think we send a clear and unambiguous message that the house is hoping to
14:41:26.5 help the most pressing needs. and while we make great strides in raising awareness, the need for the education in finances is never greater. consumer debt in america now exceeds $2.4 trillion.
14:41:42.5 according to the department of commerce, the personal savings rate in america recently dropped to negative 1.1%, a level that has not been seen since the great depression. the fact is that today's
14:41:58.0 marketplace have options for managing wealth. credit and investment opportunities are presented to consumers on a daily basis. for instance, by the time they reach their second year in school, the vast majority, 92%
14:42:13.9 of american college students have at least one credit card. and yet just a small fraction of those students have sat down with their parents and learned the basic principles of money management, like compound
14:42:27.2 interest and supply and demand. we have a responsibility to ensure that americans of all ages have access to the tools and resources they need to capitalize on their investment choices, succeed in today's sophisticated economic market,
14:42:43.4 and enjoy a secure financial future. and the key to the success continues to be basic financial education, starting early, during grades k-12. it's a testament to the progress we are making that 38 states now include personal
14:43:02.2 finance education in their curriculum guidelines. but we must continue building on this progress if we are to help today's students become tomorrow's successful investors, entrepreneurs and business leaders. the financial literacy and
14:43:19.0 education commission, established by congress in the fair and accurate credit transactions act of 2003, recently held a national summit to develop better methods of teaching money management skills.
14:43:33.5 i look forward to working with my colleagues on the education and labor committee to enhance economic initiatives as we work to re-authorize no child left behind in the coming year. i also look forward to working with my colleagues on legislation that will put young americans on the path to an
14:43:50.5 affordable education and a firm financial future. at the start of the 110th congress i introduced one such bill, h.r. 87, the 401 kids savings act of 2007. and this bill will allow parents and family members to
14:44:06.2 set aside money in a child's account that will accumulate interest, tax free, and can be used for college tuition, a first home or even retirement. mr. speaker, it is critically important that families have access to effective savings
14:44:24.0 mechanisms, like these, if they are to secure their financial futures. but it is even more important that americans have the know how and motivation to use them. and that is the goal of the financial literacy month and the resolution before us today.
14:44:40.1 mr. speaker, i'd like to take this opportunity to thank my good friend and distinguished colleague from texas, mr. hinojosa, for introducing this resolution, and for his dedication to improving financial literacy. i also would like to thank mr.
14:44:54.7 hinojosa's staff, especially greg davis, for all their hard work, diligent work in bringing this resolution to the floor. i would also like to thank the chairman and ranking member of the oversight and government reform committee, mr. waxman, and mr. tom davis, for helping
14:45:11.2 to move this resolution through their committee in such a timely and bipartisan manner. and finally, i'd like to thank the gentlelady from california, ms. watson, and the gentlelady
14:45:23.6 from north carolina, ms. foxx, for their support and for managing this resolution on the floor. mr. speaker, i strongly support this resolution and i urge my colleagues to do the same. i yield back the balance of my time. . the speaker pro tempore: the
14:45:37.1 gentlewoman from california. ms. watson: i have no further speakers, mr. speaker. i yield back the balance of my time. the speaker pro tempore: the gentlewoman from north carolina. ms. foxx: thank you, mr. speaker. i yield back the balance of my time. the speaker pro tempore: the
14:45:52.6 question is, will the house suspend the rules and agree to house resolution 273. so many as are in favor say aye. those opposed, no. in the opinion of the chair, 2/3 of those voting having responded in the affirmative, the rules are suspended, the resolution is agreed to, and without objection
14:46:09.7 the motion to reconsider is laid upon the table. ms. watson: mr. speaker, i request the yeas and nays. the speaker pro tempore: the yeas and nays are requested. those favoring a vote by the yeas and nays will rise. a sufficient number having
14:46:24.3 arisen, the yeas and nays are ordered. pursuant to clause 8 of rule 20, further proceedings on this question are postponed. for what purpose does the speaker of the house rise? mr. speaker -- ms. speaker: i ask unanimous
14:46:46.0 consent to speak to the house. it is with great sadness i rise to acknowledge that today our country has been struck by a terrible, terrible tragedy. the death toll at virginia tech now is over 30. this is reported to be over 30.
14:47:01.2 this is the worst campus shooting in the history of our country. as the virginia tech community struggles with the mourning and questioning that are certain to follow, continued prayers of
14:47:14.7 this congress are with the students, their families, the faculties, and the staff at virginia tech. leader boehner joins me in extending our condolences to all concerned. and we ask for a moment of
14:47:31.4 silence to be observed in this body. would we all please rise to observe the moment of silence. the speaker pro tempore: members will rise and observe a moment of silence.
14:48:00.5
14:48:07.1 ms. speaker: thank you, ms. speaker:. the gentlewoman from california. mr. speaker, i move that the
14:48:20.4 house suspend the rules and agree to h.c.r. 71. the speaker pro tempore: the clerk will report the title of the concurrent resolution. the clerk: house concurrent resolution 71. resolution commemorating the 85th anniversary of the founding of the american hellenic
14:48:38.9 educational progressive association, ahelpa, a leading association for the nation's 1.3 million american citizens of greek ancestry, and phil hell leans. the speaker pro tempore:
14:48:53.2 pursuant to the rule, the gentlewoman from california, ms. watson, and the gentlewoman from north carolina, ms. foxx, each control 20 minutes. the chair recognizes the gentlewoman from california. ms. watson: mr. speaker, i ask unanimous consent that all
14:49:10.0 members have five legislative days in which to revise and extend their remarks. the speaker pro tempore: without objection. miss watt son: mr. speaker, i rise in support of h.c.r. 71 to commemorate the 85th anniversary of the founding of the american
14:49:27.1 hellenic educational progressive association, a leading association for millions, 1.3 million american citizens of greek ancestry, and
14:49:47.7 philhellenes. i'm proud to be an original co-sponsor of this resolution and i thank mrs. maloney for her leadership as the author of the resolution and as one of the chairs of the congressional
14:50:01.6 hellenic caucus. the american hellenic educational progressive association known as ahelpa, or ahepa, was born out of the cruelty and subjugation implored upon many minorities by hate
14:50:19.2 groups during the early 20th
14:50:23.0 century. the organization was founded in atlanta in 1922 to respond to growing attacks on greek americans and greek american businesses by the ku klux klan. it has since grown to become the
14:50:41.1 largest and oldest american based greek air taje grassroots membership organization -- heritage grassroots membership organization. ahep's initial interest were to cultivate greek-owned businesses
14:50:55.7 and help its members assimlate into american culture. today ahep's mission is to carry the legacy of greek culture throughout generations. the organization continues to do
14:51:13.1 this through diversification, language immersion, and educational enrichment. a helpa is known for its philanthropic resources which fund equal opportunity housing,
14:51:31.7 hospitals, specialty schools, and academic scholarships. while ahepa primarily is a membership organization for greek americans or americans of greek ascent, membership is open
14:51:50.0 to all americans who support the organization's mission. this is the finest tradition of philhellenism and reminds us that the modern relationship between the people of america
14:52:05.1 and of greece was forged by their parallel struggles for freedom from foreign tyranny and by the inspiration we both take from the democracy first developed are centuries ago in greece.
14:52:23.2 for 85 years the american hellenic educational progressive association has remained an organization that embodies the true meaning of america. i commend ahepa and ask that my
14:52:39.8 colleagues support this commendation and i urge all my colleagues to support h.r. -- h.c.r. 71 . and thank you i reserve the
14:52:54.2 balance of my time. the speaker pro tempore: the gentlewoman reserves her time. the gentlewoman from north carolina. ms. foxx: thank you, mr. speaker, i yield myself such time as i may consume. the american hellenic
14:53:10.0 educational progressive association, ahepa, is the largest and oldest american-based greek charity grassroots membership organization. it was created on july 26, 1922 in response to the alarming number of local and national
14:53:26.0 groups whose missions were based on racism. the founders of ahepa were greek immigrants who strove to find ways to adapt to their new country and honor their heritage and cultural ideals. their mission is to promote
14:53:43.3 helenism, education, philanthropy, civic responsibility, and family and individual excellence. these efforts are made through community service and volunteerism. it is an organization with over 1.3 million participants, making
14:53:57.5 it the largest association for american citizens of greek ancestry. ahepa's commitment to education is one of its stronger components. over $4 million is endowed at the local district and national
14:54:13.5 levels toward the use of scholarships, and a half million dollars is awarded annually to thousands of students. by providing these scholarships it affords students the opportunity to educate and be educated on the rich cultural
14:54:29.1 history relations between greece and the united states. other ahepa achievements include securing funding for the, tribute to olympism unquote, the creation of the george c.
14:54:46.3 marshall statue at the united states embassy located in athens, greece, and the federal grant of $500 million providing affordable housing to senior citizens. a few of their successes include the restoration of the statue of
14:55:02.3 liberty at ellis island, and they continue to send care packages to our troops through the u.s.o. in their 85th year the american hellenic educational progressive association continues to promote its ideals of and sent greece
14:55:19.1 through community service and
14:55:21.5 volunteerism. the association has grown tremendously over the years and it is to be congratulated for its charitable contributions to society, both in the u.s. and throughout the world. thank you, ms. speaker:. i reserve the balance of my time. -- thank you, mr. speaker, i
14:55:36.5 reserve the balance of my time. the speaker pro tempore: the gentlewoman reserves her time. the gentlewoman from california. ms. watson: mr. speaker, i have no further speakers. i yield back the balance of my time. the speaker pro tempore: the gentlewoman yields back her time. the gentlewoman from north carolina.
14:55:50.0 ms. foxx: thank you, mr. speaker. i yield as much time as he may consume to my distinguished colleague from the state of florida, mr. bilirakis. mr. bilirakis: thank you. thank you, mr. speaker, appreciate it. it is with great greek american pride that i rise today to offer
14:56:07.7 my congratulations on the occasion of the 85th anniversary of the american hellenic educational progressive association. founded in atlanta, georgia, on july 26, 1922, as a reaction to racism and bigotry, ahepa is the
14:56:26.5 oldest and largest american hellenic organization in the united states today. its mission to promote helenism, education, fill lanthroppy,
14:56:39.9 civic responsibility, family, and individual excellence set the standard for ethnic organization and has helped greek americans become one of the most successful ethnic groups in the united states. ahepa's lists of commissionments
14:56:57.6 are amazing. it has endowed millions of dollars in academic scholarships and the family has contributed over $1 billion in national projects for such deserving entities as saint basil's academy, the special olympics,
14:57:15.3 and muscular dystrophy research. additionally, the ahepa national housing corporation has secured over $4 million to develop and complete over 70 housing projects for low-income seniors.
14:57:31.8 ahepa's patriotic endeavors have included helping thousands of greek imgrints assimlate -- immigrants into american light and four of those were my grandparents.
14:57:43.8 raising $253 million for the u.s. bond drive during world war ii. helping to restore the statue of liberty, providing tens of thousands of dollars to the 9/11 relief effort, and sending countless care packages to our troops overseas.
14:58:03.9 its good works are endless, mr. speaker. that is why i'm so proud to tell you that i'm a member of ahepa. and i'll tell you that i'm a member on the local level, the tarpon springs, chapter in
14:58:20.6 florida. which was founded in the 1920's. as co-chair of the caucus on hellenic affairs, will i continue to work closely with my co-chair, carolyn maloney, my fellow greek american congress men and women and gus james to
14:58:40.2 encourage the wonderful, educational, and phil lanthropic enkevers that -- philanthropic endeavors that have characterized ahepa for years. and i promise to strengthen u.s.-greece relations, secure
14:58:55.5 religious freedom and protection or the ecumenical patriarchy and promote solutions to the cyprus and phyrom issues. i wish them continued success
14:59:13.2 and a long life as it continues to serve as a beacon of hope. true and good things, that's what hellenic americans want. i appreciate it, ms. speaker:. -- mr. speaker.
14:59:29.3 thank you, mr. speaker, i yield back the balance of my time. the speaker pro tempore: the gentlewoman from north carolina. ms. foxx: thank you, mr. speaker. i urge all members to support the passage of h.con.res. 71. i yield back the balance of my time. the speaker pro tempore: the
14:59:44.3 question is, will the house suspend the rules and agree to house concurrent resolution 71. so many as are in favor say aye. those opposed, no. in the opinion of the chair, 2/3 of those voting having responded in the affirmative, the rules are suspended, the concurrent resolution is agreed to, and
15:00:01.5 without objection the motion to reconsider is is laid upon the table. . the gentlewoman from california. ms. watson: mr. speaker, i move that the house suspend the
15:00:16.2 rules and agree to h.c.r. 88.
15:00:23.7 the clerk: house concurrent resolution 88, concurrent resolution honoring the life of ernest gallo. the speaker pro tempore: pursuant to the rule, the
15:00:32.8 gentlewoman from california, ms. watson, and the gentlewoman from north carolina, ms. foxx, will each control 20 minutes. the chair recognizes the gentlelady from california. ms. watson: i ask unanimous consent that all members may have five legislative days in which to revise and extend
15:00:50.4 their remarks. the speaker pro tempore: without objection. ms. watson: mr. speaker, ernest gallo, who learned his craft of wine making from a recipe in the basement of the mow desso -- modesto public library, with
15:01:06.6 his brother julio, and with $5,900 of borrowed money, developed one of the largest wine empires in the world. they founded the e&j gallo winery in 1933 at the end of prohibition.
15:01:22.4 the gallos rented a building and made an ordinary wine for 50 cents a gallon. they made $30,000 their first year of business. mr. ernest gallo was an aggressive business leader who worked long hours and then went home and worked some more.
15:01:39.5 his company made wines under more than 40 labels and employed 4,600 workers with wine cells -- wine sales in over 90 countries. for decades, the name gallo was
15:01:56.2 sue none muss with california wine. mr. gallo bottled and battled that image with advertisements, with humor and to a large extent by buying up wineries with more exclusive labels than
15:02:10.3 his own company. robert mondave of napa valley and friend said ernest was a visionary. he was committed to making america a wine-drinking
15:02:25.9 country. mr. gallo lived and breathed wine. he aired wine commercials on tv and participated on wine promotion boards. he chaired the wine institute and mentored generations of
15:02:42.0 wine makers. he erected wine billboards and traveled the country checking on wine displays in supermarkets. he enjoyed brinking his own wine, particularly a product
15:02:58.9 that more ofed over time from table wine to cabernet satisfyon. he tapped into consumer's tastes with sweet products such as boons farm which was so
15:03:14.2 popular in the 1970's, which caused a worldwide shortage in the apple concentrate it was made from and other products like ripple and thunderbird. he moved upscale in 1974 introducing high-quality corked
15:03:33.7 finished wines. but the venture failed. he also developed e&j brandy and bartle's & jaymes wine coolers. additionally, mr. gallo
15:03:45.7 developed its gallo of sonoma line and began buying upscale competitors, including the moraso and lewis and martini labels and echo and other types
15:04:02.2 of wine. mr. gallo died unexpectedly in his modesto home on march 6 of this year. he lived to the ripe age of 97, and his brother, julio gallo,
15:04:21.9 passed in 1993. i commend the gentleman from california, mr. cardoza, for introducing h.c.r. 88, honoring
15:04:34.6 the life of ernest gallo, and i urge its swift passage. and, mr. mr. speaker -- and, mr. speaker, i reserve the balance of my time and call up -- i reserve the balance of my
15:04:52.5 time. the speaker pro tempore: the gentlewoman from north carolina. ms. foxx: thank you, mr. speaker. i yield myself such time as i may consume. today we honor the lifetime achievements of ernest gallo, one of the most celebrated american wine makers of the last century.
15:05:06.6 ernest gallo was the eldest of three brothers, born in the sierra nevada foothills from
15:05:18.3 italian parents. they learned wine maker from their father. upon their parents untimely death in 1933, ernest and his brother julio took over the
15:05:30.1 business. learning from pamphlets on wine making, they wanted to make their company nationally known for affordable and quality wine. they founded e&j winery with a humble investment of $5,900. over time they went on to
15:05:45.1 develop one of the largest wine empires in the world now employing 4,600 workers and selling to 90 different countries. in fact. his winery currently sells one out of every four bottles of wine that americans now
15:06:03.0 consume. along with founding e&j gallo winery, ernest gallo often supported the industry through philanthropic work. he established the ernest gallo clinic and research center at
15:06:18.9 the university of california at san francisco, which conducts numerous studies and research through genetic biochemical alcohol use.
15:06:34.0 along with great financial success, ernest gallo and his winery won numerous prestigious awards, including the wine industry's highest honor, the american society of anologist award in 1964 for outstanding leadership in the industry.
15:06:51.2 they won the gold vine award, the 1983 distinguished service award from wine spectator, and the winery of the year award in both 1996 and 1998 by the san francisco international wine competition.
15:07:06.3 after a long and successful careers, a wine maker, businessman and if i lont row pist, -- philantropist, he passed away in march of this year.
15:07:25.4 he deserves to be recognized and honored by the congress. thank you, mr. speaker. i reserve the balance of my time. the speaker pro tempore: the gentlewoman reserves her time. the gentlewoman from california. ms. watson: i call up representative dennis a.
15:07:42.4 cardoza for as much time as he may consume. the speaker pro tempore: the gentleman from california. mr. car doze -- mr. cardoza: thank you. i am proud to say that ernest gallo was not only a constituent of mine, but he was also a dear friend.
15:07:59.3 over the years i served in the california state legislature and here in congress, ernest's deep commitment to california and to wine making was a constant presence that guided many of my legislative efforts. ernest gallo, along with his
15:08:17.7 brother julio, recognized the san joaquin weather, with the weather to fertile soil, to have a strong domestic wine industry. they had a small plot of land with just a few kinds of grape
15:08:33.3 varieties to a multinational beverage company that ranks second largest in the company. my district, california's 18th congressional district, grows nearly 250 different crops from aspare a gus to sweet potatoes to a number -- asparagus to
15:08:55.2 sweet potatoes, but none has had more impact on the tapestry of the valley than the gallo winery. it provides my constituents with high-skill improvement
15:09:06.6 opportunities and serves a solid foundation for continued growth in the region. the gallo family has contributed to countless community projects throughout the valley, and to medical research pro conducts developed -- products developed to
15:09:25.5 curbing alcoholism. what was once a boutique industry reserved for the upper crest of society, is now a billion dollar business by allowing the masses in wine drinking and wine making.
15:09:41.1 in his youth, ernest and his brother julio recognized an unmet need in the wine industry. ernest quickly challengized on the market gap and set -- capitalized on the market gat. the trend of affordable wines
15:09:59.2 -- market gap. the trend of affordable wines caught on. and gallo winery was one of the most respected companies.
15:10:22.1 furthermore, gallo's commitment to environmentally sustainable
15:10:25.0 farming permeates the wine grape growing industry even today and will surely be the standard for years to come. ernest and the entire gallo family have long partnered with the surrounding community, especially with the city of
15:10:38.9 modesto, to give back in a number of generous ways. for instance, gat low arts a center in modesto, which is under construction now, once completed we will attract quality art and entertainment performances where there had been virtually none before.
15:10:53.8 for the first time, valley residents can participate in a cultural experiences on par with our urban neighbors. however, above all, the achievement in his professional life, he must also be lotted
15:11:10.2 for his personal story. he was the son of italian immigrants who started out with nothing and armed with littless than an article on wine making from a library, he built an
15:11:27.0 empire. our culture praises individuals like ernest and rightly so. it is what we teach our children and our children's children that you can take nothing for granted, that you must take what you are given. and in ernest's case, it was
15:11:42.2 his keen business sense and turned that gift into something substantial. i'm proud to have represented ernest gallo all these years, and even more proud to have called him my friend. he will be remembered fondly for his contributions to the industry, to agriculture and to
15:11:57.6 the community. thank you, my colleagues, for your consideration. i yield back the balance of my time. the speaker pro tempore: the gentlewoman from north carolina. ms. foxx: thank you, mr. speaker. i urge all members to support the passage of h.con.res 88, and i yield back the balance of
15:12:17.2 my time. the speaker pro tempore: the gentlewoman yields back her time. the gentlewoman from california. ms. watson: mr. speaker, i yield back the balance of my time. the speaker pro tempore: the gentlewoman yields back her time. the question is will the house suspend the rules and agree to house concurrent resolution 88. those in favor say aye. those opposed, no.
15:12:35.7 in the opinion of the chair, 2/3 of those voting having responded in the affirmative, the rules are suspended, the concurrent resolution is agreed to, and without objection the motion to reconsider is laid upon the table. for what purpose does the
15:12:59.4 gentleman from ohio, mr. wilson, rise? mr. wilson: mr. speaker, i rise to suspend the rules and pass the resolution for house concurrent resolution number 76. honoring the 50th anniversary of the sbersber -- interinter-- international geophysical year
15:13:19.8 and its past contributions to space research and looking forward to future accomplishments. the clerk: house concurrent resolution 76, honoring the 50th anniversary of the international geophysical year and its past contributions to space research, and looking
15:13:35.7 forward to future accomplishments. the speaker pro tempore: pursuant to the rule, the gentleman from ohio, mr. wilson, and the gentleman from nebraska, mr. smith, will each control 20 minutes. the chair recognizes the gentleman from ohio. mr. wilson: mr. speaker, i ask
15:13:52.3 unanimous consent that all members may have five legislative days to revise and extend their remarks and to include extraneous materials on house concurrent resolution 76. the resolution now under consideration. the speaker pro tempore:
15:14:07.3 without objection. mr. wilson: mr. speaker, i yield myself such time as i may consume. the speaker pro tempore: without objection. mr. wilson: mr. speaker, i rise in support on house resolution
15:14:24.2 -- pardon me -- on house concurrent resolution 76, and would also take this opportunity to recognize chairman mark udall for his hard work on this resolution. the resolution honoring the
15:14:38.5 50th anniversary of the international geophysical year, the resolution marks the 50th anniversary of the international geophysical year, honors its contributions to space research and looks forward to future
15:14:54.1 accomplishments. mr. speaker, the international geophysical year of 1957 and 1958 was a highly successful international effort in involving 67 nations that came together during the cold war to