[Congressional Record Volume 151, Number 129 (Thursday, October 6, 2005)]
[House]
[Page H8650]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
FEDERAL RESOURCES OUGHT TO BE FOCUSED ON THOSE THAT NEED IT MOST
(Mr. WOLF asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. WOLF. Mr. Speaker, as Congress considers how to provide Federal
assistance to these victims of these hurricanes, it is critical that we
make sure resources are focused on helping the poor and the needy
rather than subsidizing certain self-sustaining industries like the
gambling industry.
The vast majority of the casinos on the gulf coast are owned and
operated by entertainment companies that have been and are likely to
continue record profits. Most gambling conglomerates have been named to
the Fortune list of 100 fastest-growing companies for the fifth
consecutive year. These conglomerates have vowed to rebuild bigger and
better along the coast.
With budget deficits growing to historic levels, we need to make sure
that tax dollars for hurricane relief are going to those who truly need
the government's help and not the gambling industry. The truth of the
matter is, as Congress struggles to rein in the growth of mandatory
spending, it just does not make any sense to give tax breaks to
casinos.
Mr. Speaker, I hope and trust that Congress will do the right thing
and make sure our Federal resources go to the poor, the needy, the
vulnerable and not the big gambling interests to rebuild the casinos.
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