[Congressional Record Volume 158, Number 21 (Wednesday, February 8, 2012)]
[Extensions of Remarks]
[Pages E164-E166]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




             BUDGET AND ACCOUNTING TRANSPARENCY ACT OF 2012

                                 ______
                                 

                               speech of

                            HON. JOE WILSON

                           of south carolina

                    in the house of representatives

                       Tuesday, February 7, 2012

       The House in Committee of the Whole House on the state of 
     the Union had under consideration the bill (H.R. 3581) to 
     amend the Balanced Budget and Emergency Deficit Control Act 
     of 1985 to increase transparency in Federal budgeting, and 
     for other purposes:

  Mr. WILSON of South Carolina. Madam Chair, yesterday I voted in 
support of H.R. 3581, the ``Budget and Accounting Transparency Act of 
2011,'' which passed through the House of Representatives by a vote of 
245-180 and now awaits further consideration in the Senate. H.R. 3581 
is a quality piece of legislation which requires the Federal Government 
to revise its policy of accounting for direct loans and loan guarantees 
by scoring these loans utilizing the market-based fair value method.
  As further consideration is given to this bill, I urge my fellow 
colleagues to ensure that programs, such as the United States 
Department of Agriculture's Rural Utility Service loans, are not 
adversely affected by the legislation.

[[Page E165]]

                       SENATE COMMITTEE MEETINGS

  Title IV of Senate Resolution 4, agreed to by the Senate on February 
4, 1977, calls for establishment of a system for a computerized 
schedule of all meetings and hearings of Senate committees, 
subcommittees, joint committees, and committees of conference. This 
title requires all such committees to notify the Office of the Senate 
Daily Digest--designated by the Rules Committee--of the time, place, 
and purpose of the meetings, when scheduled, and any cancellations or 
changes in the meetings as they occur.
  As an additional procedure along with the computerization of this 
information, the Office of the Senate Daily Digest will prepare this 
information for printing in the Extensions of Remarks section of the 
Congressional Record on Monday and Wednesday of each week.
  Meetings scheduled for Thursday, February 9, 2012 may be found in the 
Daily Digest of today's Record.

                           MEETINGS SCHEDULED

                              FEBRUARY 14
     9:30 a.m.
       Armed Services
         To hold hearings to examine the Defense Authorization 
           request for fiscal year 2013 and the Future Years 
           Defense Program.
                                                            SD-G50
     10 a.m.
       Budget
         To hold hearings to examine the President's proposed 
           budget request for fiscal year 2013.
                                                            SD-608
     2:15 p.m.
       Foreign Relations
         Business meeting to consider S. 1023, to authorize the 
           President to provide assistance to the Government of 
           Haiti to end within 5 years the deforestation in Haiti 
           and restore within 30 years the extent of tropical 
           forest cover in existence in Haiti in 1990, S. 414, to 
           protect girls in developing countries through the 
           prevention of child marriage, S. Res. 342, honoring the 
           life and legacy of Laura Pollan, and the nominations of 
           Tara D. Sonenshine, of Maryland, to be Under Secretary 
           for Public Diplomacy, Anne Claire Richard, of New York, 
           to be Assistant Secretary for Population, Refugees, and 
           Migration, and Robert E. Whitehead, of Florida, to be 
           Ambassador to the Togolese Republic, all of the 
           Department of State, and Earl W. Gast, of California, 
           to be an Assistant Administrator of the United States 
           Agency for International Development, and lists in the 
           Foreign Service.
                                                    S-116, Capitol
     2:30 p.m.
       Health, Education, Labor, and Pensions
         To hold hearings to examine pain in America, focusing on 
           exploring challenges to relief.
                                                            SD-430
       Intelligence
         To hold closed hearings to examine certain intelligence 
           matters.
                                                            SH-219

                              FEBRUARY 15
     Time to be announced
       Agriculture, Nutrition, and Forestry
         To hold hearings to examine energy and economic growth 
           for rural America.
                                              Room to be announced
     10 a.m.
       Budget
         To hold hearings to examine the President's proposed 
           budget request for fiscal year 2013 for the Department 
           of Transportation.
                                                            SD-608

                              FEBRUARY 16
     9:30 a.m.
       Armed Services
         To hold hearings to examine the current and future 
           worldwide threats to the national security of the 
           United States; with the possibility of a closed session 
           in SVC-217 following the open session.
                                                            SD-G50
       Energy and Natural Resources
         To hold hearings to examine the President's proposed 
           budget request for fiscal year 2013 for the Department 
           of Energy.
                                                            SD-366
     10 a.m.
       Health, Education, Labor, and Pensions
       Employment and Workplace Safety Subcommittee
         To hold hearings to examine addressing workforce needs at 
           the regional level, focusing on innovative public and 
           private partnerships.
                                                            SD-430
     2:15 p.m.
       Indian Affairs
         To hold an oversight hearing to examine energy 
           development in Indian country.
                                                            SD-628
     2:30 p.m.
       Intelligence
         To hold closed hearings to examine certain intelligence 
           matters.
                                                            SH-219

                              FEBRUARY 28
     9:30 a.m.
       Armed Services
         To hold hearings to examine U.S. Pacific Command and U.S. 
           Transportation Command in review of the Defense 
           Authorization request for fiscal year 2013 and the 
           Future Years Defense Program; with the possibility of a 
           closed session in SVC-217 following the open session.
                                                            SD-106
     10 a.m.
       Energy and Natural Resources
         To hold hearings to examine the President's proposed 
           budget request for fiscal year 2013 for the Department 
           of the Interior.
                                                            SD-366
     2:30 p.m.
       Veterans' Affairs
         To hold joint hearings to examine a legislative 
           presentation from the Disabled American Veterans (DAV).
                                              345, Cannon Building

                              FEBRUARY 29
     Time to be announced
       Agriculture, Nutrition, and Forestry
         To hold hearings to examine strengthening conservation 
           through the 2012 farm bill.
                                              Room to be announced
     10 a.m.
       Veterans' Affairs
         To hold hearings to examine the President's proposed 
           budget request for fiscal year 2013 for Veterans' 
           Programs.
                                                            SR-418

                                MARCH 1
     9:30 a.m.
       Armed Services
         To hold hearings to examine U.S. European Command, U.S. 
           Africa Command, and U.S. Transportation Command in 
           review of the Defense Authorization request for fiscal 
           year 2013 and the Future Years Defense Program; with 
           the possibility of a closed session in SVC-217 
           following the open session.
                                                            SH-216

                                MARCH 6
     9:30 a.m.
       Armed Services
         To hold hearings to examine U.S. Central Command and U.S. 
           Special Operations Command in review of the Defense 
           Authorization request for fiscal year 2013 and the 
           Future Years Defense Program; with the possibility of a 
           closed session in SVC-217 following the open session.
                                                            SH-216

                                MARCH 7
     10 a.m.
       Veterans' Affairs
         To hold joint hearings to examine a legislative 
           presentation from the Veterans of Foreign Wars (VFW).
                                                            SD-G50

                                MARCH 8
     9:30 a.m.
       Armed Services
         To hold hearings to examine the Department of the Army in 
           review of the Defense Authorization request for fiscal 
           year 2013 and the Future Years Defense Program.
                                                            SD-106

                                MARCH 13
     9:30 a.m.
       Armed Services
         To hold hearings to examine U.S. Southern Command and 
           U.S. Northern Command in review of the Defense 
           Authorization request for fiscal year 2013 and the 
           Future Years Defense Program; with the possibility of a 
           closed session in SVC-217 following the open session.
                                                            SD-G50

                                MARCH 14
     Time to be announced
       Agriculture, Nutrition, and Forestry
         To hold hearings to examine healthy food initiatives, 
           local production, and nutrition.
                                              Room to be announced
     10 a.m.
       Veterans' Affairs
         To hold hearings to examine ending homelessness among 
           veterans, focusing on Veterans' Affairs progress on its 
           five year plan.
                                                            SR-418

                                MARCH 15
     9:30 a.m.
       Armed Services
         To hold hearings to examine the Department of the Navy in 
           review of the Defense Authorization request for fiscal 
           year 2013 and the Future Years Defense Program; with 
           the possibility of a

[[Page E166]]

           closed session in SVC-217 following the open session.
                                                            SD-G50

                                MARCH 20
     9:30 a.m.
       Armed Services
         To hold hearings to examine the Department of the Air 
           Force in review of the Defense Authorization request 
           for fiscal year 2013 and the Future Years Defense 
           Program; with the possibility of a closed session in 
           SVC-217 following the open session.
                                                            SD-G50

                                MARCH 21
     Time to be announced
       Agriculture, Nutrition, and Forestry
         To hold hearings to examine risk management and 
           commodities in the 2012 farm bill.
                                              Room to be announced
     10 a.m.
       Veterans' Affairs
         To hold joint hearings to examine the legislative 
           presentations of the Military Order of the Purple 
           Heart, Iraq and Afghanistan Veterans of America (IAVA), 
           Non Commissioned Officers Association, American Ex-
           Prisoners of War, Vietnam Veterans of America, Wounded 
           Warrior Project, National Association of State 
           Directors of Veterans Affairs, and The Retired Enlisted 
           Association.
                                                            SD-G50

                                MARCH 22
     10 a.m.
       Veterans' Affairs
         To hold joint hearings to examine the legislative 
           presentations of the Paralyzed Veterans of America, Air 
           Force Sergeants Association, Blinded Veterans 
           Association, American Veterans (AMVETS), Gold Star 
           Wives, Fleet Reserve Association, Military Officers 
           Association of America, and the Jewish War Veterans.
                                              345, Cannon Building

                                MARCH 28
     10 a.m.
       Veterans' Affairs
         To hold hearings to examine the nominations of Margaret 
           Bartley, of Maryland, and Coral Wong Pietsch, of 
           Hawaii, both to be a Judge of the United States Court 
           of Appeals for Veterans Claims.
                                                            SR-418