[Congressional Record Volume 149, Number 148 (Tuesday, October 21, 2003)]
[House]
[Page H9740]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
WAXMAN AMENDMENT ON H.R. 3289
The SPEAKER pro tempore. Pursuant to the order of the House of
January 7, 2003, the gentleman from Ohio (Mr. Brown) is recognized
during morning hour debates for 5 minutes.
Mr. BROWN of Ohio. Mr. Speaker, the company from which Vice President
Cheney, the sitting Vice President of the United States, the company
from which he continues to draw $13,000 a month, Halliburton, is back
in the headlines.
The latest example of impropriety from the Vice President's company
comes in the form of price-gouging gasoline in Iraq at the expense of
American taxpayers. Halliburton is overcharging United States citizens,
as reported in The New York Times, as reported in studies, to the tune
of $250 million, money we are not spending on prescription drugs for
seniors, money we are not spending on education, money we are not
spending on highways. Halliburton is overcharging U.S. citizens $250
million, a ploy that independent experts have termed simply ``highway
robbery.''
Here is how their scheme works: Halliburton procures gasoline that
they generally get from Kuwait, gasoline that can be bought in the
Persian Gulf for 71 cents a gallon. It could be transported to Iraq for
no more than 25 cents per gallon. It is brought to the United States,
to New York Harbor, for under a dollar. So they buy it for 71 cents;
they transport it to Iraq for 25 cents. That brings the total to 96
cents a gallon. Halliburton then adds on its profit margin 2 to 7
percent, bringing the price total to $1.03 a gallon. Yet Halliburton
charges the Federal Government, the government where Dick Cheney is the
Vice President, the government where the Vice President, Dick Cheney,
used to work for Halliburton and still gets $13,000 a month from
Halliburton, Halliburton charges our government, us taxpayers, between
$1.62 and $1.72, an extra 60 or 70 cents per gallon, a profit margin of
over 55 percent. That is the $250 million which independent experts
have called highway robbery from Halliburton.
To add insult to injury, the American taxpayer subsidizes that cost
when it is sold to the Iraqi people for between a nickel and 15 cents a
gallon.
My constituents in northeast Ohio remember seeing gas prices
skyrocket the afternoon of September 11, 2001, as some gas station
owners sought to make profit from a national tragedy. It did not work
for them when they tried that kind of war profiteering. Unfortunately,
it is working for Halliburton, and my constituents are outraged that
Halliburton is making money at our taxpayers' expense ultimately from a
national tragedy.
The Bush administration has asked for an additional $2 billion for
the Iraqi oil sector. One billion of that would go to buying gasoline,
cooking gas, kerosene, and diesel fuel for Iraq; and it costs about $4
million a day. Halliburton will continue to pocket outrageous, some
might say corrupt, profits.
All taxpayers bear the burden of unbid contracts, of price hikes, of
inadequate supplies for our troops in Iraq. We are spending $1 billion
a week in Iraq. That number will go up as Congress just appropriated
last week $87 billion more for Iraq, as we had already appropriated $70
billion before that. We are spending $1 billion a week. A third of that
money is going to private contractors. A lot of that money goes to
Halliburton and Bechtel, companies close to the President. Companies
which are major contributors to the President of the United States in
those unbid contracts simply are not accountable.
At the same time, this administration has not been able to supply and
to provide for our troops. Not enough safe drinking water for our
troops. Too many of them have come down with dysentery. Not enough body
armor, Kevlar jackets for our troops. One quarter of them do not have
body armor. The administration has said by December, even though they
knew they we were going to war a year ago, they would finally get the
body armor to our troops. All of that against the backdrop of $1
billion a week, $300 million of that going to unbid contracts to
companies like Halliburton. And, again, understand, Mr. Speaker,
Halliburton is still paying $13,000 a month to the Vice President of
the United States.
The private contractors seem to have all the money and supplies they
want, but our troops do not. Something is wrong with this picture.
The gentleman from California (Mr. Waxman) offered an amendment to
cure this gasoline gouging problem, this highway robbery problem where
Halliburton has taken $250 million extra from U.S. taxpayers. I cannot
understand how Members of this body can support Halliburton as it
continues to gouge the U.S. taxpayers. In almost a party-line vote,
this House of Representatives rejected the amendment that would have
stopped the abuses from Halliburton from the Vice President's company,
that would have stopped this highway robbery.
The administration continues to give Halliburton a free hand to
exploit American taxpayers for every last dime they could get.
Halliburton should be ashamed. This Congress should be ashamed. The
administration should be ashamed for that kind of a ripoff of U.S. tax
dollars especially in wartime.
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