House of january 6, 2015, the chair will now recognize members fromis smiedy the morityndinity leaders for morning hour debate. The chair will alternate recognition between the parties with each party limited to one hour and each member other than theajitanmiri leaderand the minoty whip limited to five minutes, but in no event shall debate continue beyond 1 50 p. M. The chair recognizes the gentleman from washington, mr. Heck, for five minutes. Mr. Heck thank you, madam speaker. Tick to be ticktock, ticktock, tomorrow, count them there are 30 legislative days left before the Export Import Bank is gone vanished, disappears and each day that we fail to address this Vital Institution for american jobs we let the extruxists win. We let this obstructionists win. We let this impaway. And the irony of it all, as my dear friend from texas, congressman green said if we dont have the Exportimport Bank we would be scurrying around to try to develop to compete with every country in the world who h
Ms. Lerner impeded official investigations. She risked exposing and may actually have exposed confidential taxpayer information in the process. Day after day, action after action ms. Lerner exposed herself as a servant to her political philosophy rather than a servant to the American People. This, mr. Speaker, is why the house has taken the extraordinary action of referring ms. Lerner to the department of justice for criminal prosecution. And why we will request a special council to investigate this case. Not only has the president asserted that there is, quote, not even a smidgen of corruption at the i. R. S. , but leaks from the department of justice have indicated that no one will be prosecuted. Thats not surprising, as a top donor to the president s campaign is playing a key role in their investigation. Potentially compromising any semblance of independence and justice. An independent, nonpartisan, special prosecutor is needed to ensure a fair investigation that all americans can t
Some issues regarding financial stability. Real domestic gross product went up to an average annual rate of and a quarter percent over the second half of last year. A faster pace than in the first half and during the preceding two years. Although real gdp growth is currently estimated to a pause in the First Quarter of this year, i see that it is mostly reflecting transitory factors, including the effects of the unusually cold and snowy winter weather. With the harsh winter behind us, many recent indicators suggested a rebound in spending and production is already underway. Putting the overall economy on track for solid growth in the current quarter. One cautionary note is that readings on the housing activity is a sector that has been recovering since 2011. Main disappointed so far and we will be watching. Conditions for the market continue to improve. The Unemployment Rate is 6. 3 in april, one and a quarter Percentage Points below where it was a year ago. Moreover, gains in unemploy
Janet yellen still speaking. Do not worry. We will interpret. Varney and company is about to begin. Stuart lets briefly recap what janet yellen has been saying on capitol hill. She says, the fed will continue printing money because of the weak jobs market. Do not know how much. The economy will grow at a faster pace this year. Interest rates will stay the same for a considerable period of time. The bad Winter Weather is partly, mostly to blame. Check the Market Reaction to all of this. The dow is trading at a very narrow range. Interest rates, though, that is a key barometer as to where the market thanks the economy is going. Take a look at this. Down again today. A huge drop yesterday. The stock talk below that whatever it is. Right at 30 a share right now. Same with yelp. It dropped 12 yesterday. Now another 2 . It is being investigated by a shareholder rights firm. Whole foods. It has cut its forecast. Look at that. As you can see, there are some huge moves in individual stocks. Sue
Well, you know, mr. Speaker, i think something that c. S. Lewis once said will help with that. He said if you read history youll find that the people who did most for the present world were precisely those who thought most of the next. It is since people who largely ceased to think of the other world that she have become so ineffective in our world. I think joni understands this. Her mind is truly set on another place. Her life has been extraordinary. So, again, on behalf of the house of representatives, id like to recognize and celebrate the life of jon jon tada, a tada of oni eareckson and i yield back the balance of my time. The speaker pro tempore the gentlemans time has expired. The chair recognizes ms. Bonmuchey for five minutes. Ms. Bonamici, for five minutes. Ms. Bonamici i call attention to historic legislation that has for decades served as a lifeline to our countrys seniors. The Older Americans act is responsible for Critical Services like housing, nutrition and employment a