mrs. capito: i yield back the balance of my time. the speaker pro tempore: the gentlewoman from west virginia yields back her time. the gentleman from texas. mr. green: i close by urging my colleagues to support this piece of legislation. and to please consider the fact that our veterans have been there for us. this is an opportunity for us to be there for them. i yield back the balance of my time. the speaker pro tempore: the question is will the house suspend the rules and pass h.r. 403. so many as are in favor say aye. those opposed, no. in the opinion of the chair, 2/3 of those voting having responded in the affirmative, the rules are suspended, the bill is passed -- the gentleman from texas. mr. green: mr. speaker, i object to the vote on the grounds a quorum is not present and make a point of order a quorum is not present. the speaker pro tempore: pursuant to clause 8 of rule 20 and the chair's prior announcement, further proceedings on this motion will be postponed. for what purpose does the gentleman from texas rise? mr. green

mrs. capito: thank you. thank you, madam chairman. i'm here today to talk about the same issue that my colleague from florida just talked about and that's energy. and he alluded to the energy bill that's been moving through congress over the last several months, but he neglected to say that in that bill are some real costs for real people. and i think these are the important issues in front of our nation today. energy we found when the price of gasoline went up last summer over $4 a gallon. we were pressed, i think, appropriately to try to find an energy future, a plan for our energy future. and we never really answered that question. well, this morning in charleston, west virginia, where i'm from, the price of gasoline went up to $2.75 and has been going up almost daily. so we need a national energy plan that doesn't pick winners and losers, that takes into account real costs for real people. right now the bill that's gone -- that passed out of the energy and commerce committee is a national energy tax on every single american. it's

mrs. capito: at a time when families are already struggling to meet their basic things like things, the last thing we need is a new energy tax on consumers. this cap and tacts tax is a national energy tax that will burden consumers, burden businesses and particularly burden the lower income families in this country. particularly the lower income. it picks regional winners and losers with coal dependent states like mine, west virginia, bearing the brunt of this bill. under this bill, we'll actually be penalized for our lower cost power and have to pay more for using our greatest resource, coal. we should be going towards carbon sequestration where we can use our most abundant resource. we all want cleaner sources of fuel and more efficient energy. but this cap and trade bill is not the way forward. this bill is a jobs killer. this bill has real costs for real people. vote no on this bill. the speaker pro tempore: the gentleman from new york. mr. rangel: mr. speaker -- the speaker pro tempore: the

ranking member of the housing and community opportunity subcommittee, shelly capito from west virginia. >> i want to thank mr. bachus for his leadership in this and i think we're presenting a united front because not only do we recognize the seriousness of the issues but i think it's important for us to join together in the large and very complex issue of regulatory reform. as we've heard and i'll repeat again one of our primary provisions can be summed up as no more bailouts. our constituents have bailout fatigue and we do too. and while we recognize that financial institutions -- they recognize our constituents recognize when financial institutions make bad choices they have to live with those results. poor decisions should have consequences and we can't reward bad behavior. moreover, though, wall street needs to have certainty that government cannot and should not be charged with picking winnerss and losers in the marketplace. when firms find themselves with serious financial challenges, our proposal calls for an enhanced resolution through a new chapter of the bankruptcy code. making it more suitable for

capito from west virginia. >> thank you. i want to thank mr. bachus for his leadership on this and i think we are presenting a united front because not only do we recognize the seriousness of the issues but i think it is important for us to join together in that large and very complex issue of regulatory reform. as we have heard one of our primary provisions is summed up as no more bailouts. our constituents have bailout fatigue and we do, too, and while we recognize the financial institutions, they recognize, the constituents recognize and financial institutions make that choice is to have to live with the results. pour decisions should have consequences and one cannot reward bad behavior. moreover wall street needs certainty about the fact government cannot and should not be charged with picking winners and losers in the marketplace. when firms find themselves with serious financial challenges our proposal calls for enhanced resolution through a new chapter of the bankruptcy code making it more suitable for insuring the orderly unwinding of t