Senate Proceeding 04-02-09 on Apr 2nd, 2009 :: 1:55:25 to 1:57:45
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1:55:25 to 1:55:45( Edit History Discussion )

Blanche Lincoln: next we go to the lincoln-kyl amendment senator lincoln. mrs. lincoln: thank you, mr. chairman. the presiding officer: the senator from arkansas. mrs. lincoln: thank you, mr. president. before i begin, i'd certainly like to stop and say a word of thanks to chairman done a tremendous job, provided great leadership. he and his staff have done a

1:55:25 to 1:57:45( Edit History Discussion )
Speech By: Blanche Lincoln

1:55:46 to 1:56:07( Edit History Discussion )

Blanche Lincoln: wonderful job and i think reflecting the president's priorities and more importantly putting balance to the budget that's before us. before because my time is limited, i want to just taking a moment to read for you few excerpts from an editorial that appears in the ""arkansas democrat gazette"" earlier this year submit you had by a family that has a timber southwest arkansas that's been

1:56:08 to 1:56:29( Edit History Discussion )

Blanche Lincoln: in the family since 1907. he said the estate tax bill kills jobs. it kills companies that provides jobs. it's a process -- it kills towns and communities, particularly those in rural areas dependent upon the land and local industry. five times this man's family has been subjected to the tax. five times.

1:56:30 to 1:56:50( Edit History Discussion )

Blanche Lincoln: he goes on, "between 1950 and 1980, vast amounts of money, tens of millions of dollars raised to pay the lands were clear-cut, millsly liquidated, communities destroyed. the next one will be even greater. think about this type of many family businesses, they grow their business, reinvest in put almost all of their profits

1:56:51 to 1:57:11( Edit History Discussion )

Blanche Lincoln: back into it and now this particular company employs over 1,000 arksans and has multiple lls. it's worth worth a good bit of money. this amendment provides real relief for our family-owned businesses. in a time where our government has handed out billions upon biions to failed wall street banks, it's time we provide a

1:57:12 to 1:57:33( Edit History Discussion )

Blanche Lincoln: little relegal to our businesses on main street that are in need of help right now. these are people who employ more than half the workers in arkansas. these are the people who if we reform the estate tax will invest in their businesses and create nor jobs rather than spend cash -- the presiding officer: the senator's time has expired. mrs. lincoln: i ask my colleagues to look at this seriously and realize we're not

1:57:34 to 1:57:46( Edit History Discussion )

Blanche Lincoln: protecting the ultra, ultra wealthy. we're working for small businesses, family businesses each and every one of our states. the presiding officer: i remind the senator that the amendment has not been called up. mrs. lincoln: i