[Congressional Record Volume 156, Number 86 (Wednesday, June 9, 2010)]
[House]
[Page H4252]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                            NO MORE BAILOUTS

  (Mr. KAGAN asked and was given permission to address the House for 1 
minute.)
  Mr. KAGAN. Mr. Speaker, last week I listened to families in Green 
Bay, Marinette, Niagara, Crandon, Wausaukee, Crivitz, Minocqua, 
Woodruff, Waupaca, Shawano, Greenville, and Appleton. Everywhere I went 
people were saying the same thing, and they're playing by the rules, 
playing and living by the rules. They're working hard and paying their 
bills on time. It's the Wisconsin way.
  They've asked me to deliver this message to Washington: No more 
bailouts for Wall Street corporations; no bailouts of Big Oil companies 
who have determined our energy policy for decade. And to British 
petroleum, we say, You broke it, you fix it.
  On May 19, I gave British Petroleum president Lamar McKay an 
opportunity to live up to his corporate word immediately, not 10 years 
from now, when I asked him to put $25 billion into the United States 
Treasury to begin cleaning up the worst environmental disaster in our 
Nation's history, but when asked to take responsibility, he took a 
pass.
  People in Wisconsin believe in responsibility, both personal and 
corporate. People in Wisconsin want BP to pay up front, and that is why 
I'm introducing the Oil Spill Responsibility Act of 2010, requiring 
immediate payment of $25 billion by BP.

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