John Olver

Mr. OLVER

Mr. OLVER. Mr. Chairman, I yield back the balance of my time.

Mr. OLVER. That is correct.

Mr. OLVER. Mr. Chairman, I rise in opposition to the amendment.

Mr. OLVER. Mr. Chairman, the gentleman has made some comments. He is entitled to his opinions, but he cannot create his own history. He has said that history shows that you cannot raise taxes and have a growing economy. That is completely belied by President Clinton's economic program in the early nineties when taxes were raised, with Republicans--the gentleman's party--claiming that that would destroy the economy. And yet the economy grew the fastest that it has done. We created 20 million jobs during the rest of the Clinton administration. That compares with the puny number of jobs, about one-quarter of that number, that were created during the time that Mr. Bush was in the White House the same number of years. With that, I just must point out that the gentleman is trying to re-create and create his own history. We should defeat this amendment. I yield back the balance of my time.

Mr. OLVER. I rise to claim time in opposition, though I do not oppose the amendment.

Mr. OLVER. I yield 1 minute to the gentleman from Iowa (Mr. Latham) for comments.

Mr. OLVER. Mr. Chairman, I would just say to my ranking member that I had exactly the same reaction to this and was all prepared to get very excited and oppose this one adamantly, but we were assured that a re- look at the HECM situation and the needs there indicated that it could yield this $10 million offset.

Mr. OLVER. I yield to the gentleman.

Mr. OLVER. I thank the gentleman. I yield back the balance of my time.

Mr. OLVER. Mr. Chairman, I move that the Committee do now rise.

Mr. OLVER. Mr. Chairman, I yield 2 minutes to the gentlewoman from Michigan (Ms. Kilpatrick), a very valued member of the Appropriations subcommittee.

Mr. OLVER. Mr. Chairman, I yield 2 minutes to the gentleman from New York (Mr. Israel), who is a member of the full committee.

Mr. OLVER

Mr. OLVER. Mr. Chairman, I claim time in opposition to the amendment.

Mr. OLVER. I yield such time as he may consume to the distinguished chairman of the authorizing committee, the gentleman from Minnesota (Mr. Oberstar).

Mr. OLVER. Mr. Chairman, I rise to oppose the amendment.

Mr. OLVER. Will the gentleman yield?

Mr. OLVER. We carried this amendment last year. We accepted this amendment last year, and I am perfectly happy to accept the amendment again this year if that is acceptable to the gentleman.

Mr. OLVER. Mr. Chairman, I rise in opposition to the amendment as presented by the gentlewoman from Arizona.

Mr. OLVER. Mr. Chairman, I claim time in opposition to the amendment.

Mr. OLVER. I yield such time as she may consume to the gentlewoman from Florida (Ms. Corrine Brown), who is the chairperson of the authorizing committee for rail.

Mr. OLVER. Mr. Chairman, I rise to oppose the amendment.

Mr. OLVER. I urge a ``no'' vote. I yield 2 minutes to the gentleman from Wisconsin (Mr. Obey).

Mr. OLVER. I now yield the remainder of my time to the gentleman from Buffalo, New York (Mr. Higgins).

Mr. OLVER. Mr. Chairman, I move that the committee do now rise.

Mr. OLVER

Mr. OLVER. Madam Speaker, I ask unanimous consent that all Members may have 5 legislative days in which to revise and extend their remarks and include tabular and extraneous material on H.R. 5850.