[Congressional Record Volume 148, Number 103 (Thursday, July 25, 2002)]
[House]
[Page H5461]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       VOTE ``NO'' ON FAST TRACK

  (Mr. BROWN of Ohio asked and was given permission to address the 
House for 1 minute.)
  Mr. BROWN of Ohio. Mr. Speaker, under enormous pressure from 
defrauded investors, the Republican leadership has finally and 
reluctantly agreed to bring a strong accounting bill to the floor 
today. Passage of this bill will make America's corporations more 
accountable and will restore confidence and investor faith in our 
markets. I urge my colleagues to support it.
  But, Mr. Speaker, completion of the conference report on Fast Track 
this week also appears to be a strong possibility. Fast Track--the 
biggest gift of all to overpaid CEOs in providing more opportunity for 
corporate abuse. Fast Track has been made even worse since its passage 
in the other body. The Dayton-Craig amendment will be eliminated, TAA 
and health care benefits are not nearly enough and less than promised, 
and there is still no core labor and environmental standards.
  Mr. Speaker, it would be highly ironic if on the day this House 
finally made corporations tow the line that Republicans then turn 
around and give corporate America the biggest prize of all. Vote ``no'' 
on the Fast Track conference report.

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