mr. butterfield and i yield back to the chairlady. >> the chair is recognized as mr. towns for five minutes. >> thank you very much madame chair and the ranking member mr. butterfield for having this hearing. i think this is a very important hearing. the question before this committee is what if any forms of online gaming should congress consider? over the course of the next several weeks, the congress will decide on how the nation will begin to put its fiscal house in order. this seems to be a way to get revenue. one of the many proposals that congress will consider is easing the current restriction of online gaming. currently under the wire, online gaming is illegal, however, that hasn't stopped offshore gaming websites from profiting off of the united states. the gaming industry experts have estimated that the united states spent over $16 billion, be as in boy who, in the the 2010 online poker alone. some experts suggest revenue generated in online gaming would bring a significant tax revenue to the government directed the dimond u.s. gaming companies. this additio

mr. butterfield is. i go back to the chair lady. >> thank you or the chair recognizes mr. counsel for five minutes. >> thank you, madam chair and of course the ranking member, mr. butterfield for having this hearing. i think this was a very important hearing. the question before this committee is what if any forms of online gaming should congress consider? over the course of the next several weeks, congress will decide on how our nation will begin to put its physical house in order. and this seems to be a way to get revenue. what are the many proposals congress will consider his using the current restriction of online gaming. currently under the wire act, online gaming is illegal. however, that is not staffed offshore gaming. websites from profiting off of the united states. gaming industry experts have estimated that the united states spent over $16 billion. in 2010, and poker blog. some experts estimated it would bring in significant tax revenues to the federal government that currently are directed to non-us gaming companies. this additional revenue could be used to hel

mr. butterfield of north carolina as well as mr. griffith of virginia for their sponsorship of this bipartisan bill. a study conducted by ihs global insight, a respected research company, found that the rules that we are talking about today would impose total cost of over $14 billion and put at risk 230,000 jobs in america at a time when we already have a .1 unemployment rate. -- 9.1 unemployment rate. my home state of kentucky under the analysis would face estimated costs of $183 million and 2,930 potential jobs losses. 25 other states are hit even harder. that includes at least 10,000 jobs estimated for north carolina losing, indiana, ohio, michigan, pennsylvania, south carolina, and virginia. as well as over 5,000 job losses for minnesota, wisconsin, alabama, tennessee, iowa, new york, illinois, maine, georgia, florida, louisiana, and arkansas. these water rules largely target also coal-fired boilers and thus discourage the use of this energy source which by the way today provides about 50% of all the electricity produced in amer

mr. butterfield: thank you, mr. speaker. it is very disappointing to me that the gentleman from south carolina a few moments ago, mr. wilson, took north carolina governor, governor perdue's words completely out of context. every day the governor is urging this congress to work in a bipartisan manner to create jobs by passing the american jobs act. we need, mr. speaker, to help create jobs. we need to help job creators by offering new tax cuts that insent the hiring of workers and cut payroll taxes. the tax cuts that president obama's american jobs act will save employees $50,000 a year and give them an additional $1,500 per year each in take-home pay. it is real money. it equates to real job growth in the near term. the american jobs act is more than tax cuts. investment in education and infrastructure will increase long-term growth. i urge this body to take up the whole american jobs act, not cherry pick its part without delay so that the small businesses of america can continue to grow and hire, leading us into prosperity.

mr. butterfield, for five minutes. mr. butterfield: let me thank the speaker for yielding time to me this morning. as i begin my remarks, mr. speaker, i just want to make a brief remark about one of the preceding speakers, congressman barbara lee, from oakland, california, who has been an advocate for poverty and food insecurity and human rights and all of the global issues that we have talked about over the years and i want to thank her for her leadership on this very important issue. congresswoman lee is the founder of the out-of-poverty caucus here in the house of representatives and i'm honored to serve as one of her co-chairs. but the congresswoman is absolutely correct. on this sunday, october 16, we will celebrate world food day, a day to increase awareness, understanding and information and inform year-round action to alleviate hunger across the globe in our neighborhoods. the statistical evidence of pervasive and persistent hunger is absolutely staggering. notwithstanding the human stories of working families and i

mr. butterfield for five minutes. >> thank you, chairman. madam chairman, i am among those who is beginning to understand online gambling. i am beginning to understand that it could provide a great boost to our national economy and could provide a boost for federal lands state's coffers. so i'm beginning to connect the dots and understand what this is about. -- for federal and state coffers. as the chair pointed out, online gambling is a very complicated issue. i am beginning to see that. other issues still barred discussion. for example, if the great state of california, with 53 representatives and the district of columbia with a non-voting representative, are already moving forward with online gaming. even though it's legal status is unclear. given that the u.s. justice department believes the wire act and in colorado online gambling. i have to wonder, therefore, under the current state of play, is just this going to shut these operations down once they are up and running? there are other critical questions the need to be answered. we need

mr. butterfield for five minutes. >> i thank the chairman.adam chairman, i'm among those who is beginning to understand, i would say, online gambling. i'm beginning to understand that it could provide a great boost to our national economy and it could provide a boost for federal and state coffers, and i'm beginning to connect the dots and understand what this is about.