mccaul. the speaker pro tempore: the gentleman is recognized. mr. mccaul: thank you, mr. speaker. and i want to thank my good friend and colleague from texas, mr. farenthold, for his support in this legislation. i rise in support of our nation's veterans and in support of this legislation which would designate the post office located at 122 north holderrieth boulevard in tomball, texas, as the tomball veterans post office. it is appropriate, mr. speaker, that on the first legislative day after veterans day that this house would honor its veterans for their sacrifice and if i dealt to our country. i cannot think of a more deserving community than tomball, texas, in my district. mr. speaker, i just returned this weekend from visiting our troops in iraq and afghanistan. and meeting with the president of pakistan. i also visited our wounded warriors the at the regional medical center in germany on veterans day. i'm pleased to report that our men and women in uniform are doing tremendous work and have made extraordinary progress on the war on terror. i was also humbled by our troops' s

michael mccaul of texas. >> he's shot up the list over the past five years.ed to be worth about $70 million. now about $290 million. he's inheriting large chunks of money from his father-in-law. the clearchannel fortune. and so, again, marries well, inherits well. that's how a lot of these guys make their money. >> we often hear these stories, especially when new members of congress come in about two or three or five or six of them sharing an apartment. i mean, when you look at the average, there are members of congress who don't have much money, who are struggling to travel back and forth, right? >> yeses, you have to keep two homes. one in your district and one in d.c. half these people are worth more than a million dollars overall. and that doesn't include the value of their own homes. there's a whole bunch of stuff they don't include in there. half of them are millionaires. >> yet we're having this debate on whether we should charge people more taxes who make more than a million dollars a year. is this a conflict of interest? >> i don't get involved in th

david mccaul in his book, his 93 book truman told a great story about my grandparents. for the whole almost to the entirety of the second term they live in the blair house because the white house was absolutely falling apart. grandpa would be in the state dining room downstairs hosting a dinner and he knew it was just my grandmother upstairs and she walks back and forth and finally the piano flake punched through the floor of my mother's sitting room and they cleared everybody else and gutted the white house and rebuilt it from the inside up with high beams to. early on in one of those mandates ran to stabilize it with steel rods they ran from the ceiling down to the floor so my grandparents and mother could stay there for a few days and get all the furniture out and get things set and grandpa who loved the history of the white house and left to share it took a group of reporters on a tour of the upstairs to show them there's a hole in the floor this is what's happening. here's how bad this is. he stopped outside of the bathroom upstairs and one of the rods had been run

making good well thought out a financial decisions can mccaul the difference in your financial future. i began my remarks by describing some of our country's near-term economic challenges. i want to end with a note of optimism. the u.s. economy remains the largest in the world with a highly diverse mix of industries and the degree of international competitiveness that has improved in recent years. the united states continues to be a great place to do business with a strong system of law as an entrepreneurial tradition and flexible capital and labor -- labor markets. our country remains a technological leader with many of the world's leading research universities and the highest spending on research and development of any nation. ultimately, these trends will reassert themselves if our country takes the steps necessary to prepare for the future. by putting the federal budget on a sustainable path, improving our primary and secondary education system, for example. the federal reserve will do its part to restore high rates of growth in employment in the context of price stability. let me

i wanted christa mccaul if's job as a physician teacher.ence and want them psyched. >> good news. i have hired thousands of people over the years. 15 years ago, all young people wanted was money. today, the good news this generation, the first generation not just about appearance, forced them into a more civic public mindset thinking -- >> where is that mindset? when i was a kid, i wanted to be an astronaut, apollo was in its heyday. >> we're waxing nostalgic right now. kids want to be "the situation." not as many kids as i'd like to hear. i wanted to be a lawyer since i was 8 years old. >> don't they want to be steve jobs? >> i think we sell kids short. kids can distinguish train wreck entertainment versus what they want to be. >> i'd like to hear us emphasize more of those kids. >> we have to make science cool. >> let's go to milwaukee, wisconsin. a new psa campaign designed to warn parents of the dangers of co-sleeping? parent sleeping with young babies, graphic images, a baby with a meat cleaver saying this is just as dangerous, another

mccaul, for five minutes. mr. mccaul: thank you, mr. speaker. i rise today in support of the balanced budget amendment to the constitution. our debt burden in this country is so heavy it is no longer simply a financial issue. it is a moral issue. we have spent and spent, racking up astrodomical debt that will dampen the american dream for our children and grandchildren. if we continue on this path we'll guarantee that future generations will have unsustainable tax burdens, monstrous inefficient bureaucracies, and a lifestyle so diminished that it will no longer resemble the america we all know and love. that is not what our founding fathers had in mind when they formed this great nation. in fact, in 1798 thomas jefferson wrote, i wish it were possible to obtain a single amendment to our constitution. i mean an additional article taking from the federal government the power of borrowing. thomas jefferson could never in his wildest dreams have imagined that our debt would one day top $14 trillion. threatening our very way of life. unfortunately, t

corrects rocks and he needs every monday night with a bunch of 50 or 60-years-old guys in an abandoned mccaul and the trade rocks and he gets an e-mail out of the blue do you want to buy a moon rock from the u.s. so immediately he's excited but then he starts to think something is fishy and he decides something is going on and he e-mails the fbi in the united states and says he might be interested in this and the fbi creates this whole case using axle as their main source to real wonderful guy, i spent a lot of time talking to him that nasa were feeding things to him they wanted me to know. i decide i want to go to nasa to see what it's like. they said no one is allowed to talk to me so i went on their website, nasa.com or whatever it was and i signed up for a level line tour which is a high-security tour. the only live like to people do it today. i figured they would cross check my name but it's a government bureaucracy. we know how that works. i show up at nasa and the next thing i know i'm in cite nasa and then thad roberts starts taxing me like a kid there is a door at the back of the caf

making good well thought out a financial decisions can mccaul the difference in your financial future. i began my remarks by describing some of our country's near-term economic challenges. i want to end with a note of optimism. the u.s. economy remains the largest in the world with a highly diverse mix of industries and the degree of international competitiveness that has improved in recent years. the united states continues to be a great place to do business with a strong system of law as an entrepreneurial tradition and flexible capital and labor -- labor markets. our country remains a technological leader with many of the world's leading research universities and the highest spending on research and development of any nation. ultimately, these trends will reassert themselves if our country takes the steps necessary to prepare for the future. by putting the federal budget on a sustainable path, improving our primary and secondary education system, for example. the federal reserve will do its part to restore high rates of growth in employment in the context of price stability. let me

well, the draft said, you know, like senator mccaul of, you know, the battle of the bulge, i will not entertain an increase in tax rates. there's some in congress that think they are going to increase taxes. no, i'm not going to increase taxes, nor will i agree to a cut in defense. so i wrote in there, just like general mccullough, there are some in congress who think i will advocate and agreed to an increasing taxes. well, they are nuts. insertion congressman thinks that i will agree to the cut in defense spending. well, they are nuts, too. i thought that must be kind of funny. i'm standing there behind the president as he is reading his speech or he had a special way and his cards, and i looked down and i cannot believe it. he kept those words in their. and howard baker said to me what did you think about that? i said i thought there was a great speech. [applause] [laughter] spinet he said i felt there were members of congress who were going to vote when you said that. >> that brings up one final thing to asking of questions from the audience so please be thinking about what you wan

she has what we mccaul facility on board where she can handle the materials of the highest classification. we are part of the national intelligence committee and this ship is also collected and contributes beyond the lifeline of the coast guard missions we are excited has a big flight deck, very fuel efficient and is going to do a lot of great things for the nation. >> host: so it will sail through the panama canal and go back up. >> guest: the new home port in california. >> host: who is or the stratton? >> guest: the namesake for the ship was the first director of the sparse and this forest was the women's reserve that stood up in 1942 in the war effort. we have i believe 20,000 unlisted women, 1,000 female officers, and dorothy strachan at chollet cornyn the term. it's our model, the latin version in the interpretation is always ready. she has passed on but her legacy remains and it is named after her. >> host: where is the coast guard academy? >> guest: connecticut. >> host: is it a competitive process, congressional? >> guest: it is a merit based application process. the class of 201

making good well thought out a financial decisions can mccaul the difference in your financial future. i began my remarks by describing some of our country's near-term economic challenges. i want to end with a note of optimism. the u.s. economy remains the largest in the world with a highly diverse mix of industries and the degree of international competitiveness that has improved in recent years. the united states continues to be a great place to do business with a strong system of law as an entrepreneurial tradition and flexible capital and labor -- labor markets. our country remains a technological leader with many of the world's leading research universities and the highest spending on research and development of any nation. ultimately, these trends will reassert themselves if our country takes the steps necessary to prepare for the future. by putting the federal budget on a sustainable path, improving our primary and secondary education system, for example. the federal reserve will do its part to restore high rates of growth in employment in the context of price stability. let me