[Congressional Record (Bound Edition), Volume 147 (2001), Part 17]
[House]
[Page 24003]
[From the U.S. Government Publishing Office, www.gpo.gov]



                   AMERICA'S STEEL INDUSTRY IS DYING

  (Mr. TRAFICANT asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. TRAFICANT. Mr. Speaker, Congress has bailed out everybody, 
airlines, insurance companies, even car makers. Chrysler is now owned 
by Germans. Bailout for almost everyone except America's steel 
industry, which is dying. Since 1998, 25 American steel companies have 
filed for bankruptcy, with thousands and thousands of unemployed 
steelworkers losing their benefits, losing their health care, losing 
their families, losing their homes. Unbelievable. Meanwhile, Daimler 
Chrysler is now lighting up cigars. Beam me up.
  Mr. Speaker, I yield back the fact that America cannot build smart 
bombs with Styrofoam; and we had better take a look at our domestic 
ability to produce steel for our national defense.

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