E 1030 CONGRESSIONAL RECORD — Extensions of Remarks May 12, 1995

receive ADFC payments for the care of these

children.

All States shall have the power to require

recipients of AFDC payments to perform

community service, providing that they offer

child care to those whom they determine

need it.

All unwed mothers must establish paternity in order to receive AFDC payments.

Once paternity is established, AFDC benefits

will not increase for those women who are

currently on welfare who give birth to additional children.

All fathers that fail to pay child support

shall not be eligible to receive AFDC payments, however, job training and placement

assistance shall be offered to these men.

All States shall be required to terminate

AFDC payments to recipients who have received these payments for at least three

years. All States shall have the power, however, to end these AFDC payments after one

year, providing that they offer a job training

and assistance program to their recipients.

All State-provided job training and placement assistance programs shall be funded

through block grants, comprised of the savings generated by denying AFDC benefits to

those under the age of 18. All State-provided

child care to recipients of AFDC payments

may also be funded through these block

grants, or States may provide the position of

child care administrator as a community

service opportunity to those recipients

whom must complete a State determined requirement of community service.

STRICTER LEGISLATION REGARDING PERSONS

ON TRIAL, PUNISHMENTS, AND THEIR APPEALS

A bill to have a stricter legislation regarding trials, punishments and appeals of accused persons. If a person is accused of committing a felony, they should be tried as an

adult regardless of their age when they committed the crime. There should be stricter

psychiatric evaluations for accused persons

claiming temporary insanity. Useless questioning or the use of irrelevant evidence

should be abolished. There should be stricter

punishments for criminals convicted of

crimes involving guns, drugs, and other serious felonies. Any criminal convicted of any 3

felonies will be locked up in prison for the

rest of their life. Life sentences should be

serviced for the remainder of the criminal’s

life. We should cut back on jail privileges for

the white collar criminals, such as tennis

courts, exercise rooms, swimming pools, etc.

A convicted criminal should only be allowed

to receive two appeals. By doing this, it will

eliminate the use of tax payers’ funding of

useless court trials. If released, the criminal

must pay court fees.

MANDATORY RAILROAD CROSSING WARNING

LIGHT AND GATE PLACEMENT AND REPAIR

This bill would impose mandatory placement of lights and gates at all railroad crossings in use and require immediate repair of

all faulty gates and lights.

A bill to create gates and lights for all railroads in use.

Sec. 1. The federal government will allocate funds from Department of Transportation to state governments for the building

of railroad crossings that are in use.

Sec. 2. All faulty gates and lights must be

repaired immediately. Gates and lights that

are not working or are being repaired must

have signs posted to notify this to drivers.

Sec. 3. If a railroad crossing does not have

gates of lights then trains must reduce their

speed to 25 m.p.h. through the crossing until

the installation of gates and lights is complete.

Sec. 4. If a state does not comply with this

bill all federal funding for highways will be

cut off for that state.

TRIBUTE TO COL. CECIL G.

FOSTER, U.S.A.F.

HON. DAVE CAMP OF MICHIGAN

IN THE HOUSE OF REPRESENTATIVES

Friday, May 12, 1995

Mr. CAMP. Mr. Speaker, it is with great

pleasure that I rise today to recognize an outstanding individual, originally from Michigan,

on the occasion of his homecoming to serve

as Parade Marshall of the Midland Memorial

Day Parade. Col. Cecil Foster has dedicated

his life to the service of his country and his

community, and is an inspiration to the many

people whose lives he has touched.

Shortly after his graduation from Midland

High School in 1943, Cecil answered the call

of his country and enlisted in the Army Air

Forces. This was the beginning of a long and

distinguished career in the U.S. military. During this time, his services were recognized as

he was awarded the Silver Star with one Oak

Leaf Cluster, the Distinguished Flying Cross

with two Oak Leaf Clusters, and the Air Force

Commendation Medal.

Cecil immediately requested pilot training,

and through dedication and hard work, he

earned his wings in 1948. After resigning his

commission in 1950, he hardly had time to

settle into civilian life before the onset of the

Korean War. The outbreak of hostilities in

Korea once again summoned Cecil’s unwavering patriotism. He was recalled to active duty

in August 1951 and assigned to the 16th

Fighter Interceptor Squadron, where his brave

service to our Nation in the name of democracy earned him a promotion to Captain.

Cecil’s military career continued into the era

of the Vietnam War. Promoted to Lieutenant

Colonel, he assumed command of the 390th

Tactical Fighter Squadron in DaNang in 1968.

During Cecil’s tours in South Korea and

South Vietnam, he logged over 200 combat

sorties, including the confirmed downing of 9

MiG–15’s. He remained on active duty until

1975, and retired with over 5,000 flying hours.

Mr. Speaker, Colonel Foster has demonstrated dedication, patriotism and bravery in

service to his country that is unparalled in

America’s history books. He is one of the few,

unique individuals whose actions still represent the ideals upon which this Nation was

founded. I know you will join me in welcoming

Midland’s ‘‘native son’’ home to Michigan on

this special occasion.

INTRODUCTION OF COME HOME,

CORPORATE AMERICA BILL

f

HON. BERNARD SANDERS OF VERMONT

IN THE HOUSE OF REPRESENTATIVES

Friday, May 12, 1995

Mr. SANDERS. Mr. Speaker, did you know

that investment by U.S.-based multinational

corporations abroad rose by 7.2 percent to a

total of $716.2 billion in 1993 and increased at

an even faster rate in the first half of 1994?

Stop and think about the jobs and economic

growth that would have been generated here

in the United States of America if that investment capital had been plowed into rebuilding

our Nation instead of boosting offshore competition and production.

It is time for Uncle Sam to help redirect

much more of our Nation’s limited investment

capital into providing good-paying jobs for

Americans here at home.

The best place to start is by eliminating various special interest tax breaks and subsidies

that reward U.S. companies for investing

abroad rather than in the United States and

that add tens of billions to our Federal deficit

every year. Currently Federal tax and spending policies actually favor overseas investment

by U.S.-based multinational corporations in

many ways, instead of rewarding domestic investment and job creation.

That is why I have been joined by other

members of the Progressive Caucus in sponsoring comprehensive legislation—The Come

Home, Corporate America Bill—to cut the corporate welfare for U.S.-based multinational

corporations that are busy hollowing out our

Nation’s production base, exporting good-paying U.S. Jobs, and bilking the American taxpayer all at the same time.

My bill will cut the Federal deficit by $252

billion over the next 5 years by wiping out assorted special interest tax loopholes and subsidies that have been handed out year after

year to U.S.-based multinational corporations.

These are the same companies that have

turned their backs on millions of American

working families whose hard work and personal allegiance has been instrumental in

building these Fortune 500-type companies

into economic powerhouses.

Specifically, my bill will achieve major deficit

reduction by cutting the following multinational

corporate welfare:

Abolishing the foreign tax credit;

Eliminating tax deferral of income from controlled foreign corporations;

Cracking down on transfer pricing, whereby

multinational corporations arbitrarily allocate

computed income among their operations in

different countries;

Eliminating special tax break that allows

companies to exclude 15 percent of their export income generated from special subsidiaries often created merely to claim and process the break;

Repealing tax exemption from U.S. taxes for

employees of multinational corporations regardless of whether or not that income is subject to foreign taxation. Companies often

equalize tax liabilities so that their employees’

after-tax income is the same, thus allowing the

company to pad their profits;

Abolishing the Overseas Private Investment

Corporation [OPIC] which obligates the American taxpayer to insure and underwrite political

risk insurance for companies to invest in

scores of foreign countries;

Cutting below-market loan subsidies and

fees provided by the Export-Import Bank for

foreign purchasers to buy from U.S. companies;

Eliminating tax loopholes allowing earnings

stripping and intrafirm transfers that allow

companies to inflate their deductible expenses;

Abolishing exemption for foreign investors to

avoid paying capital gains tax on the sale of

their stock in U.S. corporations; and

Repealing the exemption that allows foreign

investors to avoid paying taxes on interest received on bonds issued in the United States.